Bitcoin Forum
September 25, 2018, 04:13:56 AM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Newbie pool question  (Read 1278 times)
specgamer
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250

I love bitcoins.


View Profile
March 08, 2015, 07:36:11 PM
 #1

I really want get into bitcoin mining. What's a good pool and how do I join?
Is cloud mining still reliable and secure?Huh

█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
▓▓▓▓▓  BIT-X.comvvvvvvvvvvvvvvi
→ CREATE ACCOUNT 
▓▓▓▓▓
█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
1537848836
Hero Member
*
Offline Offline

Posts: 1537848836

View Profile Personal Message (Offline)

Ignore
1537848836
Reply with quote  #2

1537848836
Report to moderator
1537848836
Hero Member
*
Offline Offline

Posts: 1537848836

View Profile Personal Message (Offline)

Ignore
1537848836
Reply with quote  #2

1537848836
Report to moderator
1537848836
Hero Member
*
Offline Offline

Posts: 1537848836

View Profile Personal Message (Offline)

Ignore
1537848836
Reply with quote  #2

1537848836
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1537848836
Hero Member
*
Offline Offline

Posts: 1537848836

View Profile Personal Message (Offline)

Ignore
1537848836
Reply with quote  #2

1537848836
Report to moderator
cathoderay
Sr. Member
****
Offline Offline

Activity: 379
Merit: 250


Welcome to dogietalk.bs


View Profile
March 08, 2015, 08:12:18 PM
 #2

I really want get into bitcoin mining. What's a good pool and how do I join?
Is cloud mining still reliable and secure?Huh

There are many pools out there to choose from but unfortunately, in reality, there are only a few pools that are trustworthy. Before choosing a pool to mine at, run a little check list:

Research the pool history thoroughly to ensure they are legit & safe.
Do they have fast, open & transparent support?
Do they provide support on this forum? (stay away from ticket systems)
Do they pay on time? (generally, stay away from PPS payout systems)
Is the pool OP trustworthy/reputable?
Is it stable?
Are miners there happy & helpful?

Also, biggest is not best, stay away from pools run by mining hardware manufacturers & help decentralise the network. Once you've made your informed choice, go to the pools home page here & all the instructions for joining will be there.

Good luck & be careful - it's a jungle out there...... Wink

Have you been a victim of dogie insults, neg-rep'd for no reason or been falsely accused by him? If so, air your experiences here:  https://bitcointalk.org/index.php?topic=905210.0
Avoid manipulative Exchanges - Localbitcoins.com
os2sam
Legendary
*
Offline Offline

Activity: 2464
Merit: 1001


Think for yourself


View Profile
March 08, 2015, 09:55:18 PM
 #3

Do you have mining hardware?

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
doggieTattoo
Full Member
***
Offline Offline

Activity: 209
Merit: 100



View Profile
March 09, 2015, 02:56:33 AM
 #4

I really want get into bitcoin mining. What's a good pool and how do I join?
Is cloud mining still reliable and secure?Huh
Don't invest too much, its becoming more and more difficult to get much of a return from mining, and it will only get worse brother. 

TIDEX ▬▬ .CRYPTO COINS AND ASSET TRADING. ▬▬ TIDEX
▬▬▰▰▬▬▰▰▰▬▬▰▰▰▬▬▰▰▰▬▬▰▰▬▬
NEW EXCHANGE   ZERO FEES
cshelswell
Hero Member
*****
Offline Offline

Activity: 611
Merit: 500


View Profile WWW
March 09, 2015, 03:00:39 AM
 #5

Also you need to decide what you're going to mine. Stick with BTC or gamble on an Alt coin you can sell for BTC. When I was mining just over a year ago the only way I managed to ROI was to mine alts and sell them. Not sure how possible this still is?

armedmilitia
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500


We're going to need a bigger heatsink.


View Profile WWW
March 09, 2015, 05:22:57 AM
 #6

Hey there.

Whatever people say, never ever ever ever do cloudmining. Most of the companies out there (the ones with the best prices) are ponzi schemes. They have no farm and just pay out previously invested money until they inevitably collapse. Just look at PBMINING, GAW, or Lunamine.

Good mining pools (my top four in no particular order):

Westhash -- usually best payouts, lowest fees (sometimes pays more than it should), never have had to use support.
Nastypool (p2pool node) -- 0% fees, very good support (as the pool is pretty small), high variance though.
Slush pool -- 2% fee, high stability, very established. Also, the operator is the same guy who makes the Trezor.
Eligius -- clean interface, good stats monitoring, low fees. A good failover choice.

You do need specialized hardware to mine though. I can send you a block erupter via mail if you want it, just to get you started. It barely mines anything at this point, but its good to see how it works.

Always use escrow. OgNasty is pretty sweet.

Help me out with compiling a list of mining datacenters!
cshelswell
Hero Member
*****
Offline Offline

Activity: 611
Merit: 500


View Profile WWW
March 09, 2015, 10:01:08 AM
 #7

I'll second the above. Cloud mining is a terrible idea and unless you happen to be one of the few lucky ones, almost guaranteed to make you money disappear.

Probably quite literally after they close shop one night and run off!

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!