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Topic: How can i start bitcoin mining? - page 3. (Read 1168 times)

legendary
Activity: 1708
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May 28, 2023, 01:02:20 PM
#17
You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
You don’t need a good quality computer to mine bitcoin, because any office computer or an inexpensive laptop is enough to set up ASICs.
Asics need a special room, because mining is not possible in an apartment. Noise can be overcome with water cooling, but getting the necessary power in the apartment is already a problem. Even if you install ASICs instead of electric stoves, you will have very large electricity bills
So water cooling with ASIC Miner is possible ? I don't know that this is possible, can you direct me to any tutorial or any video to just see how this thing works out ? because this is my first time of hearing that water cooling works on Asic miner I don't believe it's possible until I see this with my two eyes,  can you please drop a link or something?

Running an Asic miner is like running a GPU miner with 8 video cards, I believe that an Asic miner takes up to 3500 watts from the wall, so how can this not work in a house? You can just instal in a store or room that no one is using, if there is enough air flow it's better, air flow is the only reason why I won't run an Asic miner in a room but it's possible. If water cooling works it's even going to be better.

Check out the YouTube channel of this miner. He makes water cooling for different ASICs.
https://www.youtube.com/watch?v=146bQ9nTTTI
Asics consume much more electricity. Whatsminer M53S consumes almost 7 kilowatts, and miners do not use these ASICs in a private house.
Water cooling is also equipped with fans, if you do not have a large radiator outside.
sr. member
Activity: 728
Merit: 388
DGbet.fun - Crypto Sportsbook
May 26, 2023, 04:20:28 AM
#16
You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
You don’t need a good quality computer to mine bitcoin, because any office computer or an inexpensive laptop is enough to set up ASICs.
Asics need a special room, because mining is not possible in an apartment. Noise can be overcome with water cooling, but getting the necessary power in the apartment is already a problem. Even if you install ASICs instead of electric stoves, you will have very large electricity bills
So water cooling with ASIC Miner is possible ? I don't know that this is possible, can you direct me to any tutorial or any video to just see how this thing works out ? because this is my first time of hearing that water cooling works on Asic miner I don't believe it's possible until I see this with my two eyes,  can you please drop a link or something?

Running an Asic miner is like running a GPU miner with 8 video cards, I believe that an Asic miner takes up to 3500 watts from the wall, so how can this not work in a house? You can just instal in a store or room that no one is using, if there is enough air flow it's better, air flow is the only reason why I won't run an Asic miner in a room but it's possible. If water cooling works it's even going to be better.
legendary
Activity: 1708
Merit: 1615
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May 15, 2023, 02:55:48 PM
#15
You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
You don’t need a good quality computer to mine bitcoin, because any office computer or an inexpensive laptop is enough to set up ASICs.
Asics need a special room, because mining is not possible in an apartment. Noise can be overcome with water cooling, but getting the necessary power in the apartment is already a problem. Even if you install ASICs instead of electric stoves, you will have very large electricity bills
newbie
Activity: 38
Merit: 0
May 15, 2023, 11:12:45 AM
#14
Bitcoin Mining can be complex at times, you needs to know the types of cryptocurrency you want to mine by doing your own personal research, then settling up a stop criterial to the limits to what you want to mine.
legendary
Activity: 3822
Merit: 2703
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May 09, 2023, 10:01:29 AM
#13
You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
Wrong.
Having a decent PC and 'mining software' has NOTHING to do with mining Bitcoin. ref https://bitcointalksearch.org/topic/bitcoin-mining-intro-rules-of-this-subforum-read-before-posting-2415854 mainly point-3
The PC and software only applies to mining altcoins and this area is exclusively dedicated to mining BTC, not crapcoins. The Forum has separate areas for that.
sr. member
Activity: 686
Merit: 286
May 09, 2023, 09:06:46 AM
#12
You can find good information on how you can start Bitcoin mining on various popular search websites. And all those websites are very well mentioned how you can start bitcoin mining. To start Bitcoin mining you will first need some Bitcoin mining equipment. First of all you need a good quality computer for mining, secondly you need to install a good mining software. Bitcoin wallet will be required and you will need electricity for mining and some other necessary items you will need to collect for mining.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
May 07, 2023, 07:29:09 PM
#11
It is necessary to mine with asics. Video cards are unlikely to give income
any mining pools still active?
You gotta be trolling right?
You've never heard of Antpool, FUpool, ViaBTC, Kano.is etc.Huh A simple `net search will probably turn up more than a dozen...
hero member
Activity: 572
Merit: 500
May 07, 2023, 02:47:49 PM
#10
It is necessary to mine with asics. Video cards are unlikely to give income

any mining pools still active?
newbie
Activity: 210
Merit: 0
May 07, 2023, 09:50:49 AM
#9
It is necessary to mine with asics. Video cards are unlikely to give income
hero member
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May 02, 2023, 11:28:53 AM
#8
To start Bitcoin mining, you will need a Bitcoin wallet,a ledger is the best choice, mining software, and mining hardware,asics are expensive. you will need to download and install mining software on your computer. Once you have the software, you can start mining by using your computer's processing power to solve complex mathematical problems that validate Bitcoin transactions and earn new Bitcoin. You will also need to build or purchase a mining rig(asics), which is a computer specifically designed for mining cryptocurrencies. It's important to note that Bitcoin mining can be a competitive business, but the equipment can be a lot expensive

Yes but no. There is no software to install on your computer, you just need one or more ASICs, and you need a internet source. You can then access the interface of your server via its IP address but no specific software is necessary.

You have to stop saying all the time that mining is "complex mathematical problems solving", it's totally wrong. It is closer to bruteforcing than to solving a complex mathematical problem. This is a preconceived idea that is totally wrong.

Otherwise, to answer OP, the only intelligent way to consider mining is to know your electrical cost per kw/h, to understand the basic notions (difficulty, luck, types of payments according to the pools etc...), and to know where and from whom to buy your equipment so as not to get ripped off.

The only advice I can give you is not to be impulsive and to inform yourself a lot before spending money, because a bad choice could cost you a lot of money.
sr. member
Activity: 1498
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DGbet.fun - Crypto Sportsbook
May 02, 2023, 01:59:58 AM
#7
I will really like to know if there are other step of mining bitcoin apart from these step?

When you choose and set up your bitcoin mining hardware.

And to create a dedicated wallet.

And as well configuring your mining equipment.


Do you think it's that easy to get started with bitcoin mining set-up in this field? The question here is always how much electricity do you consume in KWH?

       Before, I also tried, even though I have money to buy mining rigs because of a relative of mine who will help me in buying it, that's why the consumption of pe kwh of my electricity is at 0.2$ I'm almost at a loss if my plan worked. I can ask you this, but if your consumption is at 0.05$ kwh or below, maybe somehow you have a chance to earn bitcoin.
member
Activity: 759
Merit: 15
May 02, 2023, 01:19:19 AM
#6
To start Bitcoin mining, you will need a Bitcoin wallet,a ledger is the best choice, mining software, and mining hardware,asics are expensive. you will need to download and install mining software on your computer. Once you have the software, you can start mining by using your computer's processing power to solve complex mathematical problems that validate Bitcoin transactions and earn new Bitcoin. You will also need to build or purchase a mining rig(asics), which is a computer specifically designed for mining cryptocurrencies. It's important to note that Bitcoin mining can be a competitive business, but the equipment can be a lot expensive
legendary
Activity: 3472
Merit: 3217
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April 28, 2023, 06:14:12 PM
#5
We already have a guide here for newbies who wants to start Bitcoin mining for the first time not only the guide posted above but you can start by reading this "First time/Small miner reference for getting started."
This should be the first part before you buy an ASIC unit and mine.
hero member
Activity: 1456
Merit: 940
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April 28, 2023, 05:05:03 PM
#4
thanks..i just like learning from already experience persons

Your post is quite broad and doesn't really give us much information to work with.

In order to get the most helpful responses, I would suggest asking more specific questions about the aspects of bitcoin mining that you're interested in. For example, if you're considering different types of mining hardware, you could ask for recommendations or opinions on which brands or models are most efficient.

Similarly, if you're unsure whether to try solo mining or join a pool, you could ask for advice on the pros and cons of each approach.

By asking more specific questions, you'll be able to get more detailed and useful responses from the community. Good luck with your bitcoin mining journey!
newbie
Activity: 9
Merit: 0
April 28, 2023, 04:46:34 PM
#3
Don't expect anyone to teach you everything step by step here on this forum.
Try using google, or YouTube for this general topic and I am sure you will get an idea of how to start mining Bitcoin.

Once you are aware of the basics, you should be encountering some intermediate issues and then you can refer to this forum.
People will be very happy to help you if you try to help yourself a bit.

Some popular Google results of your query:

1. https://www.investopedia.com/terms/b/bitcoin-mining.asp
2. https://cointelegraph.com/news/how-to-build-a-cryptocurrency-mining-rig
3. https://www.bitcoin.com/get-started/create-bitcoin-wallet/
4. https://www.coindesk.com/learn/how-to-set-up-a-bitcoin-miner-2/
thanks..i just like learning from already experience persons
copper member
Activity: 1498
Merit: 1619
Bitcoin Bottom was at $15.4k
April 28, 2023, 04:43:42 PM
#2
Don't expect anyone to teach you everything step by step here on this forum.
Try using google, or YouTube for this general topic and I am sure you will get an idea of how to start mining Bitcoin.

Once you are aware of the basics, you should be encountering some intermediate issues and then you can refer to this forum.
People will be very happy to help you if you try to help yourself a bit.

Some popular Google results of your query:

1. https://www.investopedia.com/terms/b/bitcoin-mining.asp
2. https://cointelegraph.com/news/how-to-build-a-cryptocurrency-mining-rig
3. https://www.bitcoin.com/get-started/create-bitcoin-wallet/
4. https://www.coindesk.com/learn/how-to-set-up-a-bitcoin-miner-2/
newbie
Activity: 9
Merit: 0
April 28, 2023, 04:35:20 PM
#1
I will really like to know if there are other step of mining bitcoin apart from these step?

When you choose and set up your bitcoin mining hardware.

And to create a dedicated wallet.

And as well configuring your mining equipment.
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