How can i start bitcoin mining? - page 3.

safar1980

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Quote from: Patrol69 on May 09, 2023, 10:06:46 AM

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

Sidra101

newbie

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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.

NotFuzzyWarm

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Evil beware: We have waffles!

Quote from: Patrol69 on May 09, 2023, 10:06:46 AM

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.

Patrol69

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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.

NotFuzzyWarm

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Evil beware: We have waffles!

Quote from: wh00per on May 07, 2023, 03:47:49 PM

Quote from: www.Gambler.Casino on May 07, 2023, 10:50:49 AM

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...

wh00per

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Quote from: www.Gambler.Casino on May 07, 2023, 10:50:49 AM

It is necessary to mine with asics. Video cards are unlikely to give income

any mining pools still active?

www.Gambler.Casino

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It is necessary to mine with asics. Video cards are unlikely to give income

paid2

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Quote from: devil2man on May 02, 2023, 02:19:19 AM

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.

bettercrypto

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Quote from: Ledway on April 28, 2023, 05:35:20 PM

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.

devil2man

member

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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

BitMaxz

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Block halving is coming.

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.

decodx

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Quote from: Ledway on April 28, 2023, 05:46:34 PM

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!

Ledway

newbie

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Quote from: ImThour on April 28, 2023, 05:43:42 PM

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

ImThour

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Bitcoin Bottom was at $15.4k

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/

Ledway

newbie

Activity: 9

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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.

Topic: How can i start bitcoin mining? - page 3. (Read 940 times)