Pages:
Author

Topic: Free unlimited electricity... where to start? (Read 4924 times)

hero member
Activity: 784
Merit: 504
I agree with you. Try re-reading. I did some edits.
I was in a "high".
Perpetual Motion Machine are fake that's what the post says.
The above said "virtually" free electricity is from nature at a "cost".
DrG
legendary
Activity: 2086
Merit: 1035
Mind you I ask how do you get free electricity?

Most people get it as part of their lease or rental contract, but you need to be careful since many of those free electricity locations have stipulations that the utility not be used for commercial purposes.

There are Free electricity. I know such setups. They are legit setups.
Historic ears even people patented free energy making machines in us.
Later, after such a persons funeral, the secret behind it was found,
it was terrible he used many forced air/pumps to crease such Perpetual Motion Machines.
Sorry, I was not talking about such a Perpetual Motion Machine.
But some initial investments and if you have an environmental support like a water fall, a virtually free energy source can be created.
Along with that solar and wind can be added. But all includes some initial investments and maintenance costs. But its worth.
There are such steps practically done and being successfully. Inshort virtually we can generate free electricity at a small

Either English is not your first language (which is fine) or you are high right now because I cannot understand anything you just posted. Perpetual Motion Machines are not legit.

Electricity is never really free unless somebody offers to pay for your use.
hero member
Activity: 784
Merit: 504
Mind you I ask how do you get free electricity?

Most people get it as part of their lease or rental contract, but you need to be careful since many of those free electricity locations have stipulations that the utility not be used for commercial purposes.

There are Free electricity, virtually. I know such setups. There are such legit setups.
In historic years even people patented free energy making machines in US.
Later, after such a persons funeral, the secret behind it was found,
It was terrible he used many forced air/pumps to crease such Perpetual Motion Machines. All where hidden in his floors and walls.

Sorry, I was not talking about such a Perpetual Motion Machine.
But some initial investments and if you have an environmental support like a water fall, a virtually free energy source can be created.
Along with that solar and wind can be added to make a hybrid system. But all includes some initial investments and maintenance costs. But its worth the money.
Inshort virtually we can generate free electricity at a small "cost".
DrG
legendary
Activity: 2086
Merit: 1035
Mind you I ask how do you get free electricity?

Most people get it as part of their lease or rental contract, but you need to be careful since many of those free electricity locations have stipulations that the utility not be used for commercial purposes.
newbie
Activity: 2
Merit: 0
Mind you I ask how do you get free electricity?
hero member
Activity: 784
Merit: 504
The business most suitable is to start a cloud mining firm if you have "Free" and "Unlimited" electricity.
If you want to buy mining hardware buy the SP10 or 30 Sha256D miner.
You can go to a good profitability calculator which consider difficulty in profit calculation.
Put all the available miners list there. Put "watts" field with zero and buy the most profitable one.
or atleast, You can sell them to grid in some places.
sr. member
Activity: 350
Merit: 250
Hello!
IMO every newbie to mining should start mining altcoins and study how it works and then mine BTC or any profitable coins but remember, more profit the coin is, more difficult to mine it
Kindly,
        Muhammed Zakhir

When you refer to newbie, are you talking about yourself?  When multicoin pools switch coins they pick the one that has a lower difficulty relative to it's price.  I think you're a little confused  Shocked
Yeah! Multicoin pools like eobot mine profitable coins. What I said was when you mine using your own hardware it will be difficult to mine more profitable coins like BTC & LTC as their difficulty are high and are rising now too! You misunderstood what I said. Smiley
Kindly,
        Muhammed Zakhir

OK I understand what you meant.  Yes it will be more difficult, but as long as it's the more profitable coin it's worth it.  Would you climb 1 flight of stairs for $1 or 3 flights of stairs for $20?

That's a nice question. But for a newbie I don't think they can afford a good miner. Without a good miner, it would be useless mining profitable coins nowadays. So I just suggested mining less profitable coins and they can buy good miners later. In this way they can get some money and they can study all thing about mining too. Smiley

Kindly,
        Muhammed Zakhir

Wait, WHAT?  You're suggesting mining less profitable coins if the person doesn't have a "good" miner?  Why?  Why would they do that? 
sr. member
Activity: 294
Merit: 250
if you dont want to waste much time and money best is to buy a few Antminer S1
they are cheep and trouble free.
Then when you make some money and understand how it works buy all the end of life
equipment on the bay and put them to work...


This: Everyone is going to be selling their antminers in the next few months because they aren't profitable.

Yet, with free electricity - they sure are profitable.
DrG
legendary
Activity: 2086
Merit: 1035
Hello!
IMO every newbie to mining should start mining altcoins and study how it works and then mine BTC or any profitable coins but remember, more profit the coin is, more difficult to mine it
Kindly,
        Muhammed Zakhir

When you refer to newbie, are you talking about yourself?  When multicoin pools switch coins they pick the one that has a lower difficulty relative to it's price.  I think you're a little confused  Shocked
Yeah! Multicoin pools like eobot mine profitable coins. What I said was when you mine using your own hardware it will be difficult to mine more profitable coins like BTC & LTC as their difficulty are high and are rising now too! You misunderstood what I said. Smiley
Kindly,
        Muhammed Zakhir


OK I understand what you meant.  Yes it will be more difficult, but as long as it's the more profitable coin it's worth it.  Would you climb 1 flight of stairs for $1 or 3 flights of stairs for $20?

That's a nice question. But for a newbie I don't think they can afford a good miner. Without a good miner, it would be useless mining profitable coins nowadays. So I just suggested mining less profitable coins and they can buy good miners later. In this way they can get some money and they can study all thing about mining too. Smiley

Kindly,
        Muhammed Zakhir

Yes, currently no home miners doing it casually can have a significant part of the network.  This ended when the GPU phase died.

But getting 0.001 of a $1000 coin is the same as 1 of a $1 coin.  It just makes the person holding 1 whole coin feel better sometime.  As we get used to decimals and microBTC people will get over that.
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
Hello!
IMO every newbie to mining should start mining altcoins and study how it works and then mine BTC or any profitable coins but remember, more profit the coin is, more difficult to mine it
Kindly,
        Muhammed Zakhir

When you refer to newbie, are you talking about yourself?  When multicoin pools switch coins they pick the one that has a lower difficulty relative to it's price.  I think you're a little confused  Shocked
Yeah! Multicoin pools like eobot mine profitable coins. What I said was when you mine using your own hardware it will be difficult to mine more profitable coins like BTC & LTC as their difficulty are high and are rising now too! You misunderstood what I said. Smiley
Kindly,
        Muhammed Zakhir

OK I understand what you meant.  Yes it will be more difficult, but as long as it's the more profitable coin it's worth it.  Would you climb 1 flight of stairs for $1 or 3 flights of stairs for $20?

That's a nice question. But for a newbie I don't think they can afford a good miner. Without a good miner, it would be useless mining profitable coins nowadays. So I just suggested mining less profitable coins and they can buy good miners later. In this way they can get some money and they can study all thing about mining too. Smiley

Kindly,
        Muhammed Zakhir
DrG
legendary
Activity: 2086
Merit: 1035
Hello!
IMO every newbie to mining should start mining altcoins and study how it works and then mine BTC or any profitable coins but remember, more profit the coin is, more difficult to mine it
Kindly,
        Muhammed Zakhir

When you refer to newbie, are you talking about yourself?  When multicoin pools switch coins they pick the one that has a lower difficulty relative to it's price.  I think you're a little confused  Shocked
Yeah! Multicoin pools like eobot mine profitable coins. What I said was when you mine using your own hardware it will be difficult to mine more profitable coins like BTC & LTC as their difficulty are high and are rising now too! You misunderstood what I said. Smiley
Kindly,
        Muhammed Zakhir

OK I understand what you meant.  Yes it will be more difficult, but as long as it's the more profitable coin it's worth it.  Would you climb 1 flight of stairs for $1 or 3 flights of stairs for $20?
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
Hello!
IMO every newbie to mining should start mining altcoins and study how it works and then mine BTC or any profitable coins but remember, more profit the coin is, more difficult to mine it
Kindly,
        Muhammed Zakhir

When you refer to newbie, are you talking about yourself?  When multicoin pools switch coins they pick the one that has a lower difficulty relative to it's price.  I think you're a little confused  Shocked
Yeah! Multicoin pools like eobot mine profitable coins. What I said was when you mine using your own hardware it will be difficult to mine more profitable coins like BTC & LTC as their difficulty are high and are rising now too! You misunderstood what I said. Smiley
Kindly,
        Muhammed Zakhir
full member
Activity: 159
Merit: 100
DjAirwolf i have a range of asic miners available with shipping from uk stock and if you have free electricity to hell with just get the Cointerra`s plugged in!  2kw each but very burly btc miners which run at 1.6 th each,   Grin

legendary
Activity: 1036
Merit: 1000
if you dont want to waste much time and money best is to buy a few Antminer S1
they are cheep and trouble free.
Then when you make some money and understand how it works buy all the end of life
equipment on the bay and put them to work...
hero member
Activity: 519
Merit: 500
Hello!
IMO every newbie to mining should start mining altcoins and study how it works and then mine BTC or any profitable coins but remember, more profit the coin is, more difficult to mine it
Kindly,
        Muhammed Zakhir

When you refer to newbie, are you talking about yourself?  When multicoin pools switch coins they pick the one that has a lower difficulty relative to it's price.  I think you're a little confused  Shocked

Depends on what type of multi pool you are talking about. usually they are mining the most profitable coins.

I think you missed DrG's point.  The coin that has the highest price relative to it's difficulty will be the most profitable.  In that scenario that would be the coin with the lowest difficulty so to speak.  Every multipool mines the most profitable coin.
sr. member
Activity: 255
Merit: 250
Hello!
IMO every newbie to mining should start mining altcoins and study how it works and then mine BTC or any profitable coins but remember, more profit the coin is, more difficult to mine it
Kindly,
        Muhammed Zakhir

When you refer to newbie, are you talking about yourself?  When multicoin pools switch coins they pick the one that has a lower difficulty relative to it's price.  I think you're a little confused  Shocked

Depends on what type of multi pool you are talking about. usually they are mining the most profitable coins.
DrG
legendary
Activity: 2086
Merit: 1035
Hello!
IMO every newbie to mining should start mining altcoins and study how it works and then mine BTC or any profitable coins but remember, more profit the coin is, more difficult to mine it
Kindly,
        Muhammed Zakhir

When you refer to newbie, are you talking about yourself?  When multicoin pools switch coins they pick the one that has a lower difficulty relative to it's price.  I think you're a little confused  Shocked
member
Activity: 70
Merit: 10
I am starting to get the feeling that even with free electricity, mining is no longer a viable option. With the amount of hash power that's required, you could just buy coins outright instead of paying for some piece of equipment that may or may not be delivered on time or ever, that may or may not last, etc.
legendary
Activity: 1610
Merit: 1000
Well hello there!
Hello!
IMO every newbie to mining should start mining altcoins and study how it works and then mine BTC or any profitable coins but remember, more profit the coin is, more difficult to mine it
Kindly,
        Muhammed Zakhir

Very insightful.  Mine profitable coins, unless they aren't profitable.  Thanks for the tip!
lmao.  this is funny
sr. member
Activity: 350
Merit: 250
Hello!
IMO every newbie to mining should start mining altcoins and study how it works and then mine BTC or any profitable coins but remember, more profit the coin is, more difficult to mine it
Kindly,
        Muhammed Zakhir

Very insightful.  Mine profitable coins, unless they aren't profitable.  Thanks for the tip!
Pages:
Jump to: