How do I start mining?

[Salmon1989]

How would I start mining I have around $10000 to invest into it and would like some recommendations where to get started.

Buy mining gadget that mine at a higher rate like 30m/s scrypt or 400 gh/s, you will enjoy your mining and quick return on your investments.

Quick return on your investments? I bet you must have used some very low difficulty increase % in the calculation of your expected return...

[Wealthy]

You can look around the mining forum on how to get started on mining. 10k worth of mining hardware could give you a good start IMO

[BeginToMine]

How would I start mining I have around $10000 to invest into it and would like some recommendations where to get started.

Buy mining gadget that mine at a higher rate like 30m/s scrypt or 400 gh/s, you will enjoy your mining and quick return on your investments.

Quick return on your investments? I bet you must have used some very low difficulty increase % in the calculation of your expected return...

I bet he did not even calculate difficulty increasment

[Muhammed Zakir]

Invest in KNC Cloud. Its a better thing if you are buying Hashes. It's a new mining farm by KnCMiner situated in Arctic. They offer THs with a 0% fee because of the advantages of the place.

  ~~MZ~~

[silvestar]

Invest in KNC Cloud. Its a better thing if you are buying Hashes. It's a new mining farm by KnCMiner situated in Arctic. They offer THs with a 0% fee because of the advantages of the place.

  ~~MZ~~

It is pretty expensive to be honest at $1.79 - $1.99 per TH/s (0.0037 btc - 0.0041 btc per GH/s) even for including all the fees.
If you really want to mine, it is better to buy some latest miners instead IMO.

[minerpumpkin]

Invest in KNC Cloud. Its a better thing if you are buying Hashes. It's a new mining farm by KnCMiner situated in Arctic. They offer THs with a 0% fee because of the advantages of the place.

  ~~MZ~~

It is pretty expensive to be honest at $1.79 - $1.99 per TH/s (0.0037 btc - 0.0041 btc per GH/s) even for including all the fees.
If you really want to mine, it is better to buy some latest miners instead IMO.

Mining contracts or mining shares are always a gamble. On the other hand, you don't have to take care of your miner, don't have to pay for the electricity, etc. It's also a good thing that KNC seems to be using renewable energy!

[odolvlobo]

Invest in KNC Cloud. Its a better thing if you are buying Hashes. It's a new mining farm by KnCMiner situated in Arctic. They offer THs with a 0% fee because of the advantages of the place.

If they don't charge a fee, it is because the price already covers all the costs.

[minerpumpkin]

Invest in KNC Cloud. Its a better thing if you are buying Hashes. It's a new mining farm by KnCMiner situated in Arctic. They offer THs with a 0% fee because of the advantages of the place.

If they don't charge a fee, it is because the price already covers all the costs.

Of course, they just ran the numbers and picked a price that they deem reasonable and profitable for them. It doesn't matter how you split that price up, it's just important that it covers their expenses.

[Muhammed Zakir]

Invest in KNC Cloud. Its a better thing if you are buying Hashes. It's a new mining farm by KnCMiner situated in Arctic. They offer THs with a 0% fee because of the advantages of the place.

If they don't charge a fee, it is because the price already covers all the costs.

Of course, they just ran the numbers and picked a price that they deem reasonable and profitable for them. It doesn't matter how you split that price up, it's just important that it covers their expenses.

I understand! If what I heard is right, their expenses are much lower than other pools. They are in Arctic, one of the coldest region. It will make their miners cool easier than other people's does. I don't know about the price but I think it is lower than others. You are right anyway, they are making profit from it.

  ~~MZ~~

[ritamartindel]

am a newbie, i think you should buy and hold is more better than mining, my view pleas