Topic: How do you mine Bitcoin? (Read 260 times)
It was a very long time bitcoin with conventional video cards is not profitable to mine. It is more profitable to mine alternative coins.
I am new here and until now i am curious on mining bitcoin..
I would say only for professionals now. Big investments, big risk. You can mine altcoins with graphic cards, its more for amateurs.
I am new here and until now i am curious on mining bitcoin..
Right now all i know is posting keep my acount safe. Do you mind if you give me some more idea about it....
Thanks ..
Mining on your own is not profitable anymore, there are too much big players, you can't have their big scale conditions. Right now all i know is posting keep my acount safe. Do you mind if you give me some more idea about it....
Thanks ..
You need to invest in a mining rig (computer machine with several graphic cards).
Graphic cards are expensive nowadays and if you can find a good deal then you have a chance to start with a lower investment.
Check ether calculator and based on your electricy expenses you can calculate expenses and potential profit.
Graphic cards are expensive nowadays and if you can find a good deal then you have a chance to start with a lower investment.
Check ether calculator and based on your electricy expenses you can calculate expenses and potential profit.
There is some new CPU's and GPU's that can mine cryptocurrencies with efficiency but you must need a lot of them. So I can conclude that GPU and CPU mining is STILL not recommended as it eats a lot of power that's why ASICs are built for purposefully for mining as have they said from the above. And all I can say is: "Mining is a high risk and high reward option".
You can mine bitcoin by genesis-mining.com or eobot.com
You need specific hardware for Bitcoin. No GPU will be able to net you profit. Use a Bitcoin mining profitability calculator like this:
https://www.cryptocompare.com/mining/calculator/btc?HashingPower=4730&HashingUnit=GH%2Fs&PowerConsumption=1293&CostPerkWh=0.12&MiningPoolFee=1
to find out whether it's viable at all.
Take note that the mining hardware required for Bitcoin is highly specialized, and if you fail, you probably won't be able to use it for anything else, so you'll be forced to sell it at a loss. Make sure you do a lot of research first.
https://www.cryptocompare.com/mining/calculator/btc?HashingPower=4730&HashingUnit=GH%2Fs&PowerConsumption=1293&CostPerkWh=0.12&MiningPoolFee=1
to find out whether it's viable at all.
Take note that the mining hardware required for Bitcoin is highly specialized, and if you fail, you probably won't be able to use it for anything else, so you'll be forced to sell it at a loss. Make sure you do a lot of research first.
it starts with a few thousand dollar investment if you want to mine bitcoin specifically.
https://shop.bitmain.com/productDetail.htm?pid=000201801170959500908a6LT4fg0669
is probably the most popular unit. you will also need a large efficient power supply and a way to control it
many of us just start with cpu/gpu mining alt coins and transfer that to bitcoin as it can be done on our gaming computers when we aren't using them
https://shop.bitmain.com/productDetail.htm?pid=000201801170959500908a6LT4fg0669
is probably the most popular unit. you will also need a large efficient power supply and a way to control it
many of us just start with cpu/gpu mining alt coins and transfer that to bitcoin as it can be done on our gaming computers when we aren't using them
Don't waste your time gaming with a gpu. Lol.
it starts with a few thousand dollar investment if you want to mine bitcoin specifically.
https://shop.bitmain.com/productDetail.htm?pid=000201801170959500908a6LT4fg0669
is probably the most popular unit. you will also need a large efficient power supply and a way to control it
many of us just start with cpu/gpu mining alt coins and transfer that to bitcoin as it can be done on our gaming computers when we aren't using them
https://shop.bitmain.com/productDetail.htm?pid=000201801170959500908a6LT4fg0669
is probably the most popular unit. you will also need a large efficient power supply and a way to control it
many of us just start with cpu/gpu mining alt coins and transfer that to bitcoin as it can be done on our gaming computers when we aren't using them
Mining bitcoin? I think you are several years late for this. Bitcoin mining with CPUs and GPUs is long dead, now it is mined using specialized (and expensive) hardware (ASICs). It requires large investments and cheap electricity. There is a forum section for mining (https://bitcointalk.org/index.php?board=14.0), have a look there at some mining farm setups.
He didn't ask how to mine btc with cpu's or gpu's fucktard.
And to the OP. Fucking read.
Mining is the core of cryptocurrencies, of course you can mine
All that you need is a specific cpu that you will use only for this, but be aware that you have to calculate all the costs and mine currencies that are profitables for your cpu and hashrate
I suggest learn a bit more, there's a lot of staff here
first learn and then start making questions in the forum based on what you have learned
there's a lot of people that can help you here but you have to be prepared in the bases os mining
All that you need is a specific cpu that you will use only for this, but be aware that you have to calculate all the costs and mine currencies that are profitables for your cpu and hashrate
I suggest learn a bit more, there's a lot of staff here
first learn and then start making questions in the forum based on what you have learned
there's a lot of people that can help you here but you have to be prepared in the bases os mining
As written above. Bitcoin mining via ASIC device. But you can mining other coins and then exchange them for BTC.
Mining bitcoin? I think you are several years late for this. Bitcoin mining with CPUs and GPUs is long dead, now it is mined using specialized (and expensive) hardware (ASICs). It requires large investments and cheap electricity. There is a forum section for mining (https://bitcointalk.org/index.php?board=14.0), have a look there at some mining farm setups.
I am new here and until now i am curious on mining bitcoin..
Right now all i know is posting keep my acount safe. Do you mind if you give me some more idea about it....
Thanks ..
Right now all i know is posting keep my acount safe. Do you mind if you give me some more idea about it....
Thanks ..
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