Topic: Am new to Blockchain/Bitcoin. (Read 1880 times)
Learning about bitcoin is really amazing things. Because bitcoin is a digital currency where you can love, share, buy and sell. Bitcoin has one of the best commodity right now many people are using for their trading and for there services. It will take time to learn but simple terms you have learn is satoshi, mining, cpu mining, gpu mining, solo mining, pos , pow, block size, block reward. these are some of technical term before learning the bitcoin. Best of luck.
what am i needed to purchase to start mining Bitcoins/altcoin.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
Forget about it. The crypto-currency profit won't come from mining. You need a big investiment to make it worth, a real big investiment. Offer your services on the internet and be paid in BTCs for it. And join a signature campaign here on forum when you can.
Learn more about crypto-currency here on forum and teach your people around you.
Mining is not an effective way at the moment....you could use signature campaigns, they are very effective...though you have to do your own research and for best results you need to be a full member here atleast.
Hope that helped. You can contact me via personal messaging for further information..
Also, just a note, even if you have a very powerful computer with great GPU and CPU, like I do, you aren't likely even then to get profits while mining. It could effectively ruin your computer with too much resource usage, nowadays, specially, as Bitcoin blocks are getting harder to find as time goes.
Hope that helped. You can contact me via personal messaging for further information..
Also, just a note, even if you have a very powerful computer with great GPU and CPU, like I do, you aren't likely even then to get profits while mining. It could effectively ruin your computer with too much resource usage, nowadays, specially, as Bitcoin blocks are getting harder to find as time goes.
I would advise to you to buy a strong PC , like Intel 6th generation motherboard (which can support up to 3 GPU-s at minimum) , for this you need a case from Corsair, a power supply from Corsair which needs to be about 730-1000 watt and lastly 2 or 3 RX Gpu( RX 480 is highly recommended for Altcoin GPU-mining).
Do not do all these after checking how much can you earn by GPU-mining a specific altcoin like Ethereum for example.
Can check in this website here to have a beginning idea of what to expect:
https://badmofo.github.io/ethereum-mining-calculator/
For example here you can make 55 USD with only one RX 480 AMD GPU card. With 3 you can make 165 USD per month which is not bad.
However as a downfall the cards will burn up in 6 months to 1.5 years as a maximum, so take into consideration even this before jumping in.
I would not touch bitcoin hardware mining for the moment as is not profitable unless you have free or nearly free electricity.
Do not do all these after checking how much can you earn by GPU-mining a specific altcoin like Ethereum for example.
Can check in this website here to have a beginning idea of what to expect:
https://badmofo.github.io/ethereum-mining-calculator/
For example here you can make 55 USD with only one RX 480 AMD GPU card. With 3 you can make 165 USD per month which is not bad.
However as a downfall the cards will burn up in 6 months to 1.5 years as a maximum, so take into consideration even this before jumping in.
I would not touch bitcoin hardware mining for the moment as is not profitable unless you have free or nearly free electricity.
what am i needed to purchase to start mining Bitcoins/altcoin.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
Google is your friend
Look at bitcoin on wiki learn what it is and follow links from there.
Google altcoin guides from bitcointalk.
First learn the basics then you come with questions not come with questions before even trying.
I agree. If you really fascinated and interested in learning about bitcoin and blockchain technology then you must have to grab knowledge which can give you more freedom comfort and confidence for better implementation of Bitcoin and blockchain.
You can simple google it for "Pocket Bitcoin Guide" to know brief information about bitcoin and its accessibility better.
what am i needed to purchase to start mining Bitcoins/altcoin.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
It's not a good idea. The machines you will need are expensive and the electricity probably is expensive too. You won't make much profit with this. On the past I think so, but not anymore.
Spread the word about cryptocurrency to your people, but forget about mining.
Its not really a bad idea to aim on mining bitcoin because if you do have the passion on mining and have exact knowledge with it and also have an amount to spend on then you should proceed as long you know on what you are doing and you also know the important things to consider to have a bitcoin miner. If you seems that you are profitable to mine bitcoin then dont hesitate,
what am i needed to purchase to start mining Bitcoins/altcoin.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
It's not a good idea. The machines you will need are expensive and the electricity probably is expensive too. You won't make much profit with this. On the past I think so, but not anymore.
Spread the word about cryptocurrency to your people, but forget about mining.
what am i needed to purchase to start mining Bitcoins/altcoin.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
Google is your friend
Look at bitcoin on wiki learn what it is and follow links from there.
Google altcoin guides from bitcointalk.
First learn the basics then you come with questions not come with questions before even trying.
I just recently started mining and got the fever. I started with Altcoins but a friend is giving me a great deal on a S9. My power costs are negligible as I have solar here in Arizona. I hope its not as doom and gloom as most have indicated. Based on current BTC pricing I'd recoup my investment in a few months.
How to sign a message at blockchain.info in the new version?
Please help me. Thank you.
Please help me. Thank you.
pretty easy to find if you just google it. Is this what you're looking for ? https://forum.bitcoin.com/technical-support/how-to-sign-verify-message-in-new-blockchain-wallet-t9736.html
How to sign a message at blockchain.info in the new version?
Please help me. Thank you.
Please help me. Thank you.
what am i needed to purchase to start mining Bitcoins/altcoin.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
You can find a lot, a lot of guides, tips, how to's and everything you need to know about mining just by googling it. Just type mining hardware in google and you'll see all kinds of hardware.
For me mining it looks like quite difficult for new people know bitcoin, because I think in your country tools for mining are not yet available. Maybe you can try altcoin mining because it can use in your PC, but the GPU is used for altcoin mining should be good.
what am i needed to purchase to start mining Bitcoins/altcoin.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
According from your title, please don't directly for aiming doing a mining in this time, you can learning bitcoin before. the simple answe you can try for visiting a various thread and section, reading them. the knowledge is already providing from this place is more than enough. blockchain is the system is used by the cryptocurrency.Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
I would suggest you to read, read and read more about it before spending any money. Bitcointalk is a great community where you can get more than enough information about crypto currencies and especially about bitcoin. Don’t rely on other opinions and do your own research. I believe crypto currency is a wonderful world and money 2.0 thus has great future, welcome to this amazing world.
thanks Dude, i appreciate such an advice from the heart.
Your rank is newbie here and you already in some campaign, so you are making bitcoins here. And for my taste bitcoin talk is the best place for making bitcoins. It is not so risky as gambling or investing (you can try those both as well to see how it works and does it bring you some extra money) and with rising your rank you are dubbing your earnings. Tell everybody who are interested to start they bitcoin activity here, it's gonna be the first saved step, and after every one will decide what step is gonna be next.
Sound like Bitcoin mining is quiet an expensive business to venture in- almost akin to oil drilling- Which is other way of acquiring/ buying Bitcoins and is it a sound investment- anybody who can answer me without Sarcasm.
just register on one of the exchange sites that you like or is giving service to your country and then buy bitcoin. and yes it is a sound investment but like any other investment it has risks which you have to accept before buying it.
I would suggest you to read, read and read more about it before spending any money. Bitcointalk is a great community where you can get more than enough information about crypto currencies and especially about bitcoin. Don’t rely on other opinions and do your own research. I believe crypto currency is a wonderful world and money 2.0 thus has great future, welcome to this amazing world.
Yeah OP need not to do any research especially on bitcoin when he is in the forum. If he just go through the threads in the forum itself enough to learn on that. He can find works in service section via his abilities and he can work on it.
what am i needed to purchase to start mining Bitcoins/altcoin.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
Bitcoin technology is pretty bnew in my country, i also needed how to acquire knowledge so that i can learn and also teach people around me about blockchain crtpocurrency.
thanks.
just AVOID mining, it's not easy money, it's just headache.
Google something about bitcoin/blockchain and start reading, that's the best way to keep yourself uptodate!
I would suggest you to read, read and read more about it before spending any money. Bitcointalk is a great community where you can get more than enough information about crypto currencies and especially about bitcoin. Don’t rely on other opinions and do your own research. I believe crypto currency is a wonderful world and money 2.0 thus has great future, welcome to this amazing world.
Jump to: