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Topic: Can regular people mine anymore - page 3. (Read 1270 times)

brand new
Activity: 0
Merit: 0
May 21, 2018, 09:28:58 AM
#25
LOL at all these guys with 4+ GPUs saying they're normal.
 
  Roll Eyes

lol I am normal and hobby mine with 16 gpu just add with the profits as you go. but then i have no electric cost living in a windy island has some upsides Smiley

sr. member
Activity: 672
Merit: 252
Until the end
May 20, 2018, 11:58:30 AM
#24
If you can identify coins that have not yet launched you might be able to start mining them before too many people start.  It's situational but you might be able to earn some money if you research and stay ahead of the curve.
newbie
Activity: 64
Merit: 0
May 20, 2018, 09:31:23 AM
#23
A simple gaming PC with one or two GPUs can still easily pay for itself in under two years, which is a nice upgrade cycle for a gamer, so I think mining is still worthwhile for the average gamer.  Just mining on Nicehash and getting a few dollars of BTC a day could be a decent payoff if/when BTC explodes again.  I'm not sure about CPU only mining with a simple office WP-centric PC would pan out, but someone here can probably chime in.
sr. member
Activity: 558
Merit: 295
Walter Russell's Cosmogony is RIGHT!
May 20, 2018, 09:23:17 AM
#22
NO !
Mining is strictly for fools suckers and idiot pipe dreamers
jr. member
Activity: 124
Merit: 1
you said what now?
May 20, 2018, 09:16:32 AM
#21
Regular people are still mining - they're just mining Monero, Masari, Nerva, or Dero
jr. member
Activity: 105
Merit: 2
May 20, 2018, 08:25:54 AM
#20
LOL at all these guys with 4+ GPUs saying they're normal.
 
  Roll Eyes
full member
Activity: 1260
Merit: 115
May 20, 2018, 05:41:39 AM
#19
One of the goals of BiblePay is to have a coin that everyone can mine

BiblePay is a CPU ONLY coin, so anyone with a computer can mine it,
no need to mess with graphics cards and opening up computers,
and even more awesome, low end computers work very well with the algorithm.

We also now support mining with a smartphone.

===

BiblePay (BBP)
- 10% mined coins always go to Charity (currently sponsoring 329 Orphans monthly!)  
- ASIC-Resistant like Vertcoin/Groestlcoin (CPU Mining Only)  
- fork of DASH (Masternode Governance, Proposals & Voting), Live 10% Monthly Budget
- Proof of BibleHash (POBh) algorithm, All Nodes are Full Nodes  
- Ranked #145 in Code Commits

630+ million BBP coins in circulation, 5.2 billion by Year 2050

Launched July 23rd 2017, Market Cap $2 million, $0.003 per BBP
https://coinmarketcap.com/currencies/biblepay/

38% of BiblePay coins are rewarded to Healing and Curing with Distributed Computing [Contributing CPU Cycles to Science Research]
- Rosetta@home (Cancer, AIDS/HIV, Malaria, Alzheimer’s)
- World Community Grid (Cancer, AIDS, Zika, Tuberculosis, Clean Energy, Ebola)

Mining Guides:
https://www.reddit.com/r/BiblePay/comments/6umlqq/how_to_mine_biblepay_on_windows/
https://www.reddit.com/r/BiblePay/comments/6ummuj/how_to_mine_biblepay_on_linux/

Can an atheist mine biblecoin?

Yes, BiblePay is open to all
member
Activity: 280
Merit: 18
@berytry
April 23, 2018, 08:26:30 AM
#18
mine can still be done, the hardware must be appropriate, the tool to mine the eth coins is usually different from the hardware to mine bitcoin, maybe that is not able to mine it because the result is not appropriate, because it is too many miners, so the result is little
hero member
Activity: 756
Merit: 507
April 23, 2018, 06:47:21 AM
#17
Seems to me you were confused, there is no problem to with mining for regular miners..
Well established coins can't be mined with huge numbers cause the diff is too high already..
So your choice is new coin, you have to find it and mine
sr. member
Activity: 462
Merit: 336
April 23, 2018, 06:25:33 AM
#16
I heard regular people can't mine anymore... is it possibe to mine any significant amount of coins?

I have no clue what your definition of "regular" is. However, there are many people that I consider "regular", doing exactly as you ask. They are mining their lives away and enjoying every moment of it.

I also have no clue what your definition is "significant" is, because if you are asking about a particular $ amount or a particular amount of coins you will have to be more specific. It is incredibly significant, the amount you are able to mine, because you can spend $600-$700 on a 1080TI and make the money back (at current rates) within 4-5 months. After 4-5 months, everything is profit and you have the option to sell the card for pure profit as well. You can make the judgement whether or not a profitable investment is significant. It is scale-able, phenomenally scale-able.

What equiment does it take to get started?

A GPU, CPU or ASIC hardware. I suggest looking for cheap 1080TIs that've been lightly used, or something else that is top of the line and going cheap right now. People are selling their gear off out of worry, so now if the time.

I'm new to crypto, but mining seems to be way less risky than trading. But I'm no programmer... what do I need to do to get started?

Mining or trading are significantly less risky when you are educated and informed about them. You are much less likely to take a bad trade or make a bad equipment purchase if you are good at the corresponding skill. Knowing what the avoid, what to buy, how much your electricity costs and what kind of wiring, breakers and circuitry is in the mining area are all things that need to be considered. This list is by no means extensive, but it gives a starting idea for the things to think about.
member
Activity: 168
Merit: 16
“Revolutionizing Brokerage of Personal Data”
April 23, 2018, 01:56:43 AM
#15
I know exaclty what you mean there by “regular people”. What he meant was if you’re putting up a small mine pc, would it be enough for the right amount of coins that he can get? Or you really need to push 2 PCs and 6 GCs on it to get your satisfied outcome. I personally haven’t started mining since I still have to learn how it works. But I think you really need to be prepared in terms of knowledge and of course, budget.
sr. member
Activity: 588
Merit: 335
Steady State Finance
April 23, 2018, 01:23:42 AM
#14
I heard regular people can't mine anymore... is it possibe to mine any significant amount of coins? What equiment does it take to get started?
I'm new to crypto, but mining seems to be way less risky than trading. But I'm no programmer... what do I need to do to get started?

I am a regular people with 10 Rigs already 2 years mining in altcoins as long as I can do it also means you can do it but I suggest if you will start mining for now, that this time isn't the right time to start because the market situation isn't friendly.
jr. member
Activity: 140
Merit: 2
April 22, 2018, 06:26:54 PM
#13
Well, in some ways it is less of a hassle for a "regular person"--if you're a gamer you already have 1 or 2 gpus and can mine with them at night w/out buying new equipment. If you just want a small rig with a few cards you just have to build one rig and find a few cards. More cards, more problems.
full member
Activity: 602
Merit: 106
April 22, 2018, 10:50:13 AM
#12
I do consider myself a regular person and still can mine easily for some easy monthly profit with my 5x GPU rig.
newbie
Activity: 70
Merit: 0
April 22, 2018, 10:43:37 AM
#11
I think it can, because mine can be done by anyone as long as there is intention and willingness bitcoin can be in mine, patience is the most important thing and diligent mining will increase coffer coin
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
April 14, 2018, 04:17:32 PM
#10
If you want to mine nowadays you need to have many graphic cards, my colleagues have made a group by and have 20 mining computers, each one with 6 graphic cards. I was influenced by them so I build an eight graphic cards mining computer with Nvidia Gtx 1050 ti and for me so far it is a hobby and I am a regular person.

I say that you need at least 12 graphic cards or 2 mining computers in order to mine regularly, you can mine Eth for until the asics are all over us and the difficulty skyrocket, after you have to do some research to mine other coins.
member
Activity: 266
Merit: 50
March 29, 2018, 02:30:13 AM
#9
I have a very simple answer to your question Wink HERE

Sound like, everyone knows Google, but only "few" people can use google as an information source. And most people think members here better than Google, lol. Then they ask with a poker face here rather than ask Google that has a lot of databases.
member
Activity: 260
Merit: 10
March 29, 2018, 02:15:25 AM
#8
Bitcoin mining is profitable, but it is hard to keep it that way. I run a small mine as an educational hobby in to  garage. I know that whole project now percentage in the black with the rise in bitcoin prices. There is still a lot of controversy and confusion over what exactly this new payment technology will be used for, but as bitcoin concludes its this year of existence, what an adventure bitcoin mining moving around, but still distributed worldwide,The around cheap sources of electricity, particularly power of mining industry. Mining is an open software platform based on the blockchain technology that enables developers to build and deploy decentralized applications of regular people's used on mining project.
hero member
Activity: 1498
Merit: 597
March 29, 2018, 02:05:20 AM
#7
I heard regular people can't mine anymore... is it possibe to mine any significant amount of coins? What equiment does it take to get started?

I'm new to crypto, but mining seems to be way less risky than trading. But I'm no programmer... what do I need to do to get started?

I have a very simple answer to your question Wink HERE

member
Activity: 266
Merit: 50
March 29, 2018, 01:44:55 AM
#6
I’m a regular person with only 16 GPUs.

16 is a good number, really.  Shocked

OP, I also regular people and I mine with a few of GPU, I'm not a programmer, I'm not an expert, and I'm nothing. I'm just studying hard about everything that I want to know, and now I am a miner.
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