Help me? | Bitcointalksearch.org

Rocky69

newbie

Activity: 429

Merit: 0

Quote from: Igenius Imran on February 23, 2018, 11:51:01 PM

I am newbie. I have some knowledge of bitcoin but do not have knowledge about bitcoin mining. Can you help me please?

I would advise that dont enter Genuine Mining as it is a specialised work and needs lot of investments . if you are talking of companies asking you to invest some USD promising daily returns from these mining contracts please refrain as most of them are ponzi schemes or are scams

Their is lot of money to be made in BTC , other altcoins, ICOs , Air Drops and Bounty progams

jseverson

hero member

Activity: 1834

Merit: 759

Quote from: DirtyMiner on February 24, 2018, 12:38:10 AM

Do you have a million dollars?

If not look into mining something else.

Why would he need a million? He doesn't need a mining farm to profit.

That being said, Bitcoin mining is highly specialized, and you likely need to invest a hefty amount of money for equipment with no promise of profit. You need to read. A lot.

baeboy30

jr. member

Activity: 364

Merit: 1

just try to learn and research all about bitcoin mining all of us starting learning and making research what bitcoin mining it is and what effect bitcoin mining can give to us

0RajA0

member

Activity: 308

Merit: 11

Quote from: Igenius Imran on February 23, 2018, 11:51:01 PM

I am newbie. I have some knowledge of bitcoin but do not have knowledge about bitcoin mining. Can you help me please?

Before you start mining you want to know that Dose Bitcoin mining profitable ?
The short answer would be “It depends on how much you’re willing to invest in Mining”. Each person asking himself this will get a slightly different answer since Bitcoin Mining profitability depends on many different factors. In order to find out Bitcoin mining profitability for different factors just google “mining profitability calculators” and calculate it.

0RajA0

member

Activity: 308

Merit: 11

Quote from: Igenius Imran on February 23, 2018, 11:51:01 PM

I am newbie. I have some knowledge of bitcoin but do not have knowledge about bitcoin mining. Can you help me please?

Bitcoin mining is a peer-to-peer computer process used to secure and verify bitcoin transactions, payments from one user to another on a decentralized network. Mining involves adding bitcoin transaction data to Bitcoin's global public ledger of past transactions. Each group of transactions is called a block. Blocks are secured by Bitcoin miners and build on top of each other forming a chain. This ledger of past transactions is called the blockchain. The blockchain serves to confirm transactions to the rest of the network as having taken place.

trademaniac

full member

Activity: 518

Merit: 106

proposes not to bother mining cryptocurrency.
at the beginning, he suggests a lot of reading, he can join in bounty campaigns.
this will allow you to find out what it is and get some tokens

KTank

newbie

Activity: 1

Merit: 0

Yes super expensive Grin

HabBear

hero member

Activity: 1106

Merit: 638

Quote from: Igenius Imran on February 23, 2018, 11:51:01 PM

I am newbie. I have some knowledge of bitcoin but do not have knowledge about bitcoin mining. Can you help me please?

Hi Ingenius, welcome to this forum. You need to do more reading, there's a lot of information on this forum and others about what mining is, how to do it, how to do it well, etc.

Are you able to do some more reading? If so, here are a few resources for you.

The Mining board on Bitcointalk.org.

The best source of mining information in the world!

TheBartender

newbie

Activity: 16

Merit: 0

Quote from: DirtyMiner on February 24, 2018, 12:38:10 AM

Do you have a million dollars?

If not look into mining something else.

Yeah it's a pretty expensive practice and you're somewhat late into the game.

DirtyMiner

newbie

Activity: 48

Merit: 0

Do you have a million dollars?

If not look into mining something else.

DispatchLabs

jr. member

Activity: 420

Merit: 3

Here is a link to an older article that breaks down mining in a simple fashion. I recommend using this as an intro and then doing further research before you really get into it. Hope it helps: https://bitsonblocks.net/2015/09/21/a-gentle-introduction-to-bitcoin-mining/

Igenius Imran

newbie

Activity: 2

Merit: 0

I am newbie. I have some knowledge of bitcoin but do not have knowledge about bitcoin mining. Can you help me please?

Topic: Help me? (Read 175 times)