Crypto minning, your story | Bitcointalksearch.org

walletrecovery

copper member

Activity: 421

Merit: 29

Quote from: alicemn000 on April 26, 2022, 08:03:02 AM

Hello everyone, tell me who earns how much on mining? how much can you earn from this?
Has anyone worked as a p2p exchanger? While I am new to crypto, I want to accumulate good capital, if anyone can help, let's chat

We are looking for a miner 2012-2013 year. Reward $10.000
We found an old HDD that had a BTC wallet with a password.
Who finds miner get $10.000 reward. Miner reward $100.000

vEmpire.dDAO

newbie

Activity: 11

Merit: 0

My story is maybe out of place here Cheesy

I am not a dinner but a staker with VEMP Cheesy

hymperion

sr. member

Activity: 574

Merit: 467

I do not recommend cloud mining, you give money to who knows who and you have nothing in your hand. With a not too important investment you can now take home some GPUs and even used ASICs, they will certainly not be the maximum efficiency but it all depends on where you are and how much the electricity costs from you. At the same investment, at least in the second option you have the hardware in hand and when you no longer want to use it you can very well resell it.

NGrainy

newbie

Activity: 7

Merit: 0

I saw a post not long ago. The post said that the current price of the currency has fallen, and the price of miner has also fallen, which is much cheaper than last year. Despite the current downturn, it's still a good time to buy miner. So, if you want to start mining, now is the time to buy some equipment according to your plan. Remember, don't start cloud mining if you're not very sure of authenticity.

Agbe

legendary

Activity: 1022

Merit: 1341

Quote from: Coinfarm ventures on April 26, 2022, 11:25:19 AM

If you want to start mining, I recommend GPU mining. It's cheaper to get started and electricity cost doesn't matter. There's an Altcoin board on this forum.

I agreed with you. If the OP is interested in mining, he should go for GPU which means Graphics Processing Units. It is the best graphics card for mining in the year 2022. It made things easy for the Miners, mostly the beginners. Although they different mining hardwares one can use to mine, such as, NVIDIA GeForce RTX 2070, though this is mainly neant for gaming but Miners can also use it. Though it's a graphic card in GPUs.

From the pictorial image shown above, you can see that the graphics are very much nice to mine. So again and again, I suggest you to use GPUs. It is cheaper and easy to use.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

Quote from: candyhardtoforget on June 29, 2022, 08:51:00 PM

The company owns numerous selected mines in places like Canada, the United States, and Kazakhstan

Did they prove any ownership on those?

Quote from: candyhardtoforget on June 29, 2022, 08:51:00 PM

and they have a comprehensive rating system that includes site compliance, power stability, quality assurance, the scale of the mining farm, and the fund guarantee to ensure the compliance and stability of the hashrate.

I do see they have very professional advertisement writes. I couldn't have been writing more legit-looking nonsense myself.

Now the real question: did any real (and preferably trusted) person managed to actually withdraw from there? Because that's the only real test, all the rest is sophisticated blah-blah.
Again, for sure: I don't say it's not legit. All I say the chances it's legit are slim and there's no real proof yet in any direction. I wouldn't risk my money on it, but some others do have a strange appetite for this kind of risks.

candyhardtoforget

newbie

Activity: 5

Merit: 0

Quote from: NeuroticFish on June 29, 2022, 04:33:22 AM

Quote from: candyhardtoforget on June 29, 2022, 04:16:38 AM

I am also one of the newbie in crypto world. I started Bitcoin cloud mining through
[~snip~]
Ideally, Cloud Mining is the best way to kick start your crypto mining journey!

I don't know that specific platform, but 99.999% of cloud mining platforms are 100% scam. Keep in mind that any website can show numbers and images without owning any equipment; the harsh reality comes when you attempt to withdraw to your own wallet.

@NeuroticFish
Well, i don't think all mining platforms are scam, check out this website BitFuFu! [https://www.bitfufu.com/listl]
The company owns numerous selected mines in places like Canada, the United States, and Kazakhstan and they have a comprehensive rating system that includes site compliance, power stability, quality assurance, the scale of the mining farm, and the fund guarantee to ensure the compliance and stability of the hashrate.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

Quote from: candyhardtoforget on June 29, 2022, 04:16:38 AM

I am also one of the newbie in crypto world. I started Bitcoin cloud mining through
[~snip~]
Ideally, Cloud Mining is the best way to kick start your crypto mining journey!

I don't know that specific platform, but 99.999% of cloud mining platforms are 100% scam. Keep in mind that any website can show numbers and images without owning any equipment; the harsh reality comes when you attempt to withdraw to your own wallet.

Maybe I'm a bit late for OP, but I'll answer that too:

Quote from: alicemn000 on April 26, 2022, 08:03:02 AM

Hello everyone, tell me who earns how much on mining? how much can you earn from this?

For bitcoin mining you need specialized equipment, dirt cheap electricity and some clean place where noise is not a problem.
For altcoin mining a good GPU (possibly CPU too) will do, again if you have dirt cheap electricity.
However, mining requires some technical knowledge, since if you don't know what you're doing you can end up not earning or even burning down your place.

Quote from: alicemn000 on April 26, 2022, 08:03:02 AM

Has anyone worked as a p2p exchanger?

If you're new you can get scammed.
Also you may need money handling license or get very good on hiding your back.

Quote from: alicemn000 on April 26, 2022, 08:03:02 AM

While I am new to crypto, I want to accumulate good capital, if anyone can help, let's chat

Bitcoin is money. If you want to accumulate good capital, find the thing you are good at, do that, earn money - in any form - and if you want to invest some of that into Bitcoin or altcoins, you can do that too.

candyhardtoforget

newbie

Activity: 5

Merit: 0

Quote from: alicemn000 on April 26, 2022, 08:03:02 AM

Hello everyone, tell me who earns how much on mining? how much can you earn from this?
Has anyone worked as a p2p exchanger? While I am new to crypto, I want to accumulate good capital, if anyone can help, let's chat

I am also one of the newbie in crypto world. I started Bitcoin cloud mining through BitFuFu platform [https://www.bitfufu.com/list]. Cloud mining is suitable for those who do not owns any mining equipment & the technology required to keep the machine cool, who are busy, not tech-savvy, also, who are based in a country where the electricity costs are high, all it takes is just by renting computing power from third-party sources.
Ideally, Cloud Mining is the best way to kick start your crypto mining journey!

shushu9977

full member

Activity: 1121

Merit: 100

I tried to mining so much once upon a time, but didn't earn so much. I get a little only. By the way, I use p2p exchange which is very easy to use. If you see a youTube video, you can use it confidently from anywhere.

2stout

hero member

Activity: 2548

Merit: 607

If you are interested in mining, I would recommend starting with GPU as entry price is lower and just in case you discover this isn't what you want to do, you won't break the "bank". Also, the GPUs tend to hold value much longer than ASICs as they are flexible and able to mine more than just 1 kind of coin- case and point the 1080Ti from like 2017, which has barely depreciated and in some cases has appreciated vs an ASIC from the same time frame which would be way outdated and highly depreciated. If you wind up enjoying mining, then perhaps step up to ASIC as long as you have or can obtain the infrastructure to support the power requirements.

Gojira Mine

newbie

Activity: 2

Merit: 0

Quote from: alicemn000 on April 26, 2022, 08:03:02 AM

Hello everyone, tell me who earns how much on mining? how much can you earn from this?

Well, this is a broad question and there are many answers to it but I will share my experience on this. I have decided to go with cloud mining rather than setting up mining devices. I started with big names such as Genesis-mining years ago. The profit was good but after some time it got lower. So, I tried a few fresher websites such as Ecos, Hashflaire, Hashing, and Minerland cloud mining. So far, the profit is better than others and I am happy with it. If you wish to read more about it you can find it here.

Honnet43

jr. member

Activity: 53

Merit: 1

I used to mine ZEC when it cost money, but my options quickly dried up, so I stopped it and started using exchanges to buy coins.

nullama

hero member

Activity: 1008

Merit: 960

Quote from: alicemn000 on April 26, 2022, 08:03:02 AM

Hello everyone, tell me who earns how much on mining? how much can you earn from this?
Has anyone worked as a p2p exchanger? While I am new to crypto, I want to accumulate good capital, if anyone can help, let's chat

You can easily obtain the amount of money you can make by mining Bitcoin in any online calculator, like this one for example: https://minerstat.com/coin/BTC

You simply need to put there the details, and it will tell you how much you make.

Hashrate and power consumption are defined by the device itself, the miner. You can get these numbers from the manufacturer. They will vary a lot, from quiet home miners to extremely loud and hot industrial ones.

Pool fee will of course depend on the pool you use. Some are free, others charge you 2%, etc. It should be stated in their website.

Then finally you just have to select your currency and your electricity cost, which should appear in your bill or electricity provider website.

After you input those numbers you'll know how much you can earn from this.

safar1980

legendary

Activity: 1708

Merit: 1615

Payment Gateway Allows Recurring Payments

Quote from: Coinfarm ventures on April 30, 2022, 10:46:09 PM

Quote from: safar1980 on April 30, 2022, 03:17:15 PM

Now all the mining communities are waiting for the start date of ethereum 2.0, so I do not advise you to start mining on the GPU.

PoS is going to be released in Q4 or later. That is plenty of time to make profit with a mining rig even if it declines in value. Keep in mind that PoS seemed imminent back in 2017 as the Difficulty Bomb exploded and blocks were getting frozen. That was a worse situation than right now.

~Q3/Q4 2022
source
https://ethereum.org/en/upgrades/merge/
you were right, I recently discovered this information in a newsletter.

In Russia, the price o fRadeon RX 6800 starts from 1300 dollars

Coinfarm ventures

full member

Activity: 182

Merit: 152

Quote from: safar1980 on May 01, 2022, 02:01:35 PM

You may be able to get 30% of the cost of the video card back if the price of ethereum doesn't drop too much, but I don't see any profit here.

If one buys a Radeon RX 6800 card this week when they are at a discount somewhere, the price will be $700/card including the system components. The profit after 9¢/kWh will be $1.80/day after accounting for a 2-3%/month diff growth and assuming a crab market for ETH. If PoS happens on November 1st, one makes $320 of profit after pool/software fees. There is no way the price of the equipment can drop below $380/card even after PoS, as that would be 40% below MSRP. The lowest video card prices ever went was 50% of MSRP, which was back in 2018. But these days, there is much more gaming demand than before, as well as long-term miners who will bet on GPU mining. So it's very likely one makes a net profit.

Of course, if ETH price goes to $5000 again and PoS gets delayed further, it's possible to pay off the equipment before PoS.

safar1980

legendary

Activity: 1708

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Quote from: Coinfarm ventures on April 30, 2022, 10:46:09 PM

Quote from: safar1980 on April 30, 2022, 03:17:15 PM

Now all the mining communities are waiting for the start date of ethereum 2.0, so I do not advise you to start mining on the GPU.

PoS is going to be released in Q4 or later. That is plenty of time to make profit with a mining rig even if it declines in value. Keep in mind that PoS seemed imminent back in 2017 as the Difficulty Bomb exploded and blocks were getting frozen. That was a worse situation than right now.

How much money will you get for 5 months of maning? You may be able to get 30% of the cost of the video card back if the price of ethereum doesn't drop too much, but I don't see any profit here.
Do you have information about the 4th quarter?

Coinfarm ventures

full member

Activity: 182

Merit: 152

Quote from: safar1980 on April 30, 2022, 03:17:15 PM

Now all the mining communities are waiting for the start date of ethereum 2.0, so I do not advise you to start mining on the GPU.

PoS is going to be released in Q4 or later. That is plenty of time to make profit with a mining rig even if it declines in value. Keep in mind that PoS seemed imminent back in 2017 as the Difficulty Bomb exploded and blocks were getting frozen. That was a worse situation than right now.

safar1980

legendary

Activity: 1708

Merit: 1615

Payment Gateway Allows Recurring Payments

Quote from: alicemn000 on April 26, 2022, 08:03:02 AM

Hello everyone, tell me who earns how much on mining? how much can you earn from this?
Has anyone worked as a p2p exchanger? While I am new to crypto, I want to accumulate good capital, if anyone can help, let's chat

Now all the mining communities are waiting for the start date of ethereum 2.0, so I do not advise you to start mining on the GPU.
Do you have the ability to mine with ASICs?

Opulence4

newbie

Activity: 19

Merit: 1

My wife bought a 1080 for streaming
Once she was forced to leave for a long time
i decided to earn some money secretly rofl

Topic: Crypto minning, your story (Read 527 times)