Ledway (OP)
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April 28, 2023, 09:35:20 PM |
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I will really like to know if there are other step of mining bitcoin apart from these step?
When you choose and set up your bitcoin mining hardware.
And to create a dedicated wallet.
And as well configuring your mining equipment.
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Ledway (OP)
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April 28, 2023, 09:46:34 PM |
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thanks..i just like learning from already experience persons
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decodx
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April 28, 2023, 10:05:03 PM |
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thanks..i just like learning from already experience persons
Your post is quite broad and doesn't really give us much information to work with. In order to get the most helpful responses, I would suggest asking more specific questions about the aspects of bitcoin mining that you're interested in. For example, if you're considering different types of mining hardware, you could ask for recommendations or opinions on which brands or models are most efficient. Similarly, if you're unsure whether to try solo mining or join a pool, you could ask for advice on the pros and cons of each approach. By asking more specific questions, you'll be able to get more detailed and useful responses from the community. Good luck with your bitcoin mining journey!
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BitMaxz
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BTC price road to $80k
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April 28, 2023, 11:14:12 PM |
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We already have a guide here for newbies who wants to start Bitcoin mining for the first time not only the guide posted above but you can start by reading this " First time/Small miner reference for getting started." This should be the first part before you buy an ASIC unit and mine.
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devil2man
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May 02, 2023, 06:19:19 AM |
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To start Bitcoin mining, you will need a Bitcoin wallet,a ledger is the best choice, mining software, and mining hardware,asics are expensive. you will need to download and install mining software on your computer. Once you have the software, you can start mining by using your computer's processing power to solve complex mathematical problems that validate Bitcoin transactions and earn new Bitcoin. You will also need to build or purchase a mining rig(asics), which is a computer specifically designed for mining cryptocurrencies. It's important to note that Bitcoin mining can be a competitive business, but the equipment can be a lot expensive
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bettercrypto
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May 02, 2023, 06:59:58 AM |
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I will really like to know if there are other step of mining bitcoin apart from these step?
When you choose and set up your bitcoin mining hardware.
And to create a dedicated wallet.
And as well configuring your mining equipment.
Do you think it's that easy to get started with bitcoin mining set-up in this field? The question here is always how much electricity do you consume in KWH? Before, I also tried, even though I have money to buy mining rigs because of a relative of mine who will help me in buying it, that's why the consumption of pe kwh of my electricity is at 0.2$ I'm almost at a loss if my plan worked. I can ask you this, but if your consumption is at 0.05$ kwh or below, maybe somehow you have a chance to earn bitcoin.
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paid2
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May 02, 2023, 04:28:53 PM |
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To start Bitcoin mining, you will need a Bitcoin wallet,a ledger is the best choice, mining software, and mining hardware,asics are expensive. you will need to download and install mining software on your computer. Once you have the software, you can start mining by using your computer's processing power to solve complex mathematical problems that validate Bitcoin transactions and earn new Bitcoin. You will also need to build or purchase a mining rig(asics), which is a computer specifically designed for mining cryptocurrencies. It's important to note that Bitcoin mining can be a competitive business, but the equipment can be a lot expensive
Yes but no. There is no software to install on your computer, you just need one or more ASICs, and you need a internet source. You can then access the interface of your server via its IP address but no specific software is necessary. You have to stop saying all the time that mining is "complex mathematical problems solving", it's totally wrong. It is closer to bruteforcing than to solving a complex mathematical problem. This is a preconceived idea that is totally wrong. Otherwise, to answer OP, the only intelligent way to consider mining is to know your electrical cost per kw/h, to understand the basic notions (difficulty, luck, types of payments according to the pools etc...), and to know where and from whom to buy your equipment so as not to get ripped off. The only advice I can give you is not to be impulsive and to inform yourself a lot before spending money, because a bad choice could cost you a lot of money.
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www.Gambler.Casino
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May 07, 2023, 02:50:49 PM |
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It is necessary to mine with asics. Video cards are unlikely to give income
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wh00per
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May 07, 2023, 07:47:49 PM |
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It is necessary to mine with asics. Video cards are unlikely to give income
any mining pools still active?
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CSA/cUL Certified Power Distribution Panels - Basic, Switched, Metered. 1-3 phases. Up to 600V. NMC:N4F9qvHz11BHcc4nh1LCJFsrZhA1EWgVwj
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NotFuzzyWarm
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Evil beware: We have waffles!
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May 08, 2023, 12:29:09 AM Last edit: May 08, 2023, 01:19:26 PM by NotFuzzyWarm |
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It is necessary to mine with asics. Video cards are unlikely to give income
any mining pools still active? You gotta be trolling right? You've never heard of Antpool, FUpool, ViaBTC, Kano.is etc. A simple `net search will probably turn up more than a dozen...
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Patrol69
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Axioma Holding - Axioma Pay Crypto Card
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May 09, 2023, 02:06:46 PM |
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You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
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NotFuzzyWarm
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Evil beware: We have waffles!
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May 09, 2023, 03:01:29 PM |
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You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
Wrong. Having a decent PC and 'mining software' has NOTHING to do with mining Bitcoin. ref https://bitcointalk.org/index.php?topic=2415854.0 mainly point-3 The PC and software only applies to mining altcoins and this area is exclusively dedicated to mining BTC, not crapcoins. The Forum has separate areas for that.
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Sidra101
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May 15, 2023, 04:12:45 PM |
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Bitcoin Mining can be complex at times, you needs to know the types of cryptocurrency you want to mine by doing your own personal research, then settling up a stop criterial to the limits to what you want to mine.
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safar1980
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May 15, 2023, 07:55:48 PM |
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You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
You don’t need a good quality computer to mine bitcoin, because any office computer or an inexpensive laptop is enough to set up ASICs. Asics need a special room, because mining is not possible in an apartment. Noise can be overcome with water cooling, but getting the necessary power in the apartment is already a problem. Even if you install ASICs instead of electric stoves, you will have very large electricity bills
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KiaKia
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May 26, 2023, 09:20:28 AM |
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You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
You don’t need a good quality computer to mine bitcoin, because any office computer or an inexpensive laptop is enough to set up ASICs. Asics need a special room, because mining is not possible in an apartment. Noise can be overcome with water cooling, but getting the necessary power in the apartment is already a problem. Even if you install ASICs instead of electric stoves, you will have very large electricity bills So water cooling with ASIC Miner is possible ? I don't know that this is possible, can you direct me to any tutorial or any video to just see how this thing works out ? because this is my first time of hearing that water cooling works on Asic miner I don't believe it's possible until I see this with my two eyes, can you please drop a link or something? Running an Asic miner is like running a GPU miner with 8 video cards, I believe that an Asic miner takes up to 3500 watts from the wall, so how can this not work in a house? You can just instal in a store or room that no one is using, if there is enough air flow it's better, air flow is the only reason why I won't run an Asic miner in a room but it's possible. If water cooling works it's even going to be better.
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safar1980
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Online
Activity: 1848
Merit: 1653
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May 28, 2023, 06:02:20 PM |
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You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
You don’t need a good quality computer to mine bitcoin, because any office computer or an inexpensive laptop is enough to set up ASICs. Asics need a special room, because mining is not possible in an apartment. Noise can be overcome with water cooling, but getting the necessary power in the apartment is already a problem. Even if you install ASICs instead of electric stoves, you will have very large electricity bills So water cooling with ASIC Miner is possible ? I don't know that this is possible, can you direct me to any tutorial or any video to just see how this thing works out ? because this is my first time of hearing that water cooling works on Asic miner I don't believe it's possible until I see this with my two eyes, can you please drop a link or something? Running an Asic miner is like running a GPU miner with 8 video cards, I believe that an Asic miner takes up to 3500 watts from the wall, so how can this not work in a house? You can just instal in a store or room that no one is using, if there is enough air flow it's better, air flow is the only reason why I won't run an Asic miner in a room but it's possible. If water cooling works it's even going to be better. Check out the YouTube channel of this miner. He makes water cooling for different ASICs. https://www.youtube.com/watch?v=146bQ9nTTTIAsics consume much more electricity. Whatsminer M53S consumes almost 7 kilowatts, and miners do not use these ASICs in a private house. Water cooling is also equipped with fans, if you do not have a large radiator outside.
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WayneBunbury
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June 01, 2023, 07:46:16 AM |
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You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
You don’t need a good quality computer to mine bitcoin, because any office computer or an inexpensive laptop is enough to set up ASICs. Asics need a special room, because mining is not possible in an apartment. Noise can be overcome with water cooling, but getting the necessary power in the apartment is already a problem. Even if you install ASICs instead of electric stoves, you will have very large electricity bills So water cooling with ASIC Miner is possible ? I don't know that this is possible, can you direct me to any tutorial or any video to just see how this thing works out ? because this is my first time of hearing that water cooling works on Asic miner I don't believe it's possible until I see this with my two eyes, can you please drop a link or something? Running an Asic miner is like running a GPU miner with 8 video cards, I believe that an Asic miner takes up to 3500 watts from the wall, so how can this not work in a house? You can just instal in a store or room that no one is using, if there is enough air flow it's better, air flow is the only reason why I won't run an Asic miner in a room but it's possible. If water cooling works it's even going to be better. https://coinminingcentral.com/products/bitmain-antminer-s19-hydro-158-th-sThe Model Antminer S19 Hydro (151.5Th) from Bitmain mines Bitcoin on the SHA-256 algorithm with a maximum hashrate of 151.5Th/s for a power consumption of 5226W. Bitmain’s first-ever liquid-cooled S19 miner, the S19 Hydro is more powerful and provides a high hashrate for the fastest ROI possible. The S19 Hydro boosts energy savings and takes extra steps towards environmental protection. The S19 Hydro provides the latest cooling technology, which avoids overheating issues. This ensures the highest level of performance, with reduced downtime using a state of the art liquid cooling solution. The Bitmain Antminer S19 Hydro uses the latest generation firmware providing an effortless and optimised mining experience. This ensures a faster start-up speed while hydro cooling technology allows for ease of use and high-performance standards.
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safar1980
Legendary
Online
Activity: 1848
Merit: 1653
Payment Gateway Allows Recurring Payments
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June 01, 2023, 06:02:52 PM |
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You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
You don’t need a good quality computer to mine bitcoin, because any office computer or an inexpensive laptop is enough to set up ASICs. Asics need a special room, because mining is not possible in an apartment. Noise can be overcome with water cooling, but getting the necessary power in the apartment is already a problem. Even if you install ASICs instead of electric stoves, you will have very large electricity bills So water cooling with ASIC Miner is possible ? I don't know that this is possible, can you direct me to any tutorial or any video to just see how this thing works out ? because this is my first time of hearing that water cooling works on Asic miner I don't believe it's possible until I see this with my two eyes, can you please drop a link or something? Running an Asic miner is like running a GPU miner with 8 video cards, I believe that an Asic miner takes up to 3500 watts from the wall, so how can this not work in a house? You can just instal in a store or room that no one is using, if there is enough air flow it's better, air flow is the only reason why I won't run an Asic miner in a room but it's possible. If water cooling works it's even going to be better. https://coinminingcentral.com/products/bitmain-antminer-s19-hydro-158-th-sThe Model Antminer S19 Hydro (151.5Th) from Bitmain mines Bitcoin on the SHA-256 algorithm with a maximum hashrate of 151.5Th/s for a power consumption of 5226W. Bitmain’s first-ever liquid-cooled S19 miner, the S19 Hydro is more powerful and provides a high hashrate for the fastest ROI possible. The S19 Hydro boosts energy savings and takes extra steps towards environmental protection. The S19 Hydro provides the latest cooling technology, which avoids overheating issues. This ensures the highest level of performance, with reduced downtime using a state of the art liquid cooling solution. The Bitmain Antminer S19 Hydro uses the latest generation firmware providing an effortless and optimised mining experience. This ensures a faster start-up speed while hydro cooling technology allows for ease of use and high-performance standards. Any miner will tell you that water cooling is more expensive and requires more attention when connecting equipment. Video cards with water cooling are expensive, and the cooling system in asics is more complicated. Fans are cheaper, but noise is not a problem for large miners. This is only a problem for small miners who want to install equipment in an apartment
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KFC786
Member
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Activity: 63
Merit: 14
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June 01, 2023, 06:30:57 PM |
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I will really like to know if there are other step of mining bitcoin apart from these step?
When you choose and set up your bitcoin mining hardware.
And to create a dedicated wallet.
And as well configuring your mining equipment.
As this question has been repeated for several times but still I will say that Bitcoin mining.is not worth it what it used to be almost 5 or 6 years ago like 2017 etc when we could make 0.5 btc per month with antminer S9.
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