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Topic: How to do mining? (Read 108 times)

newbie
Activity: 33
Merit: 0
January 13, 2018, 06:04:03 AM
#14
Nothing hard. Basically you need to determine what do you want to mine then buy necessary equipment there are a lot of tutorials how to pick and install the equpment, set up settings and start mining.
hero member
Activity: 1063
Merit: 502
RIP: S5, A faithful device long time
January 07, 2018, 01:49:06 PM
#13
Raw connection on Asia multipool via isp broadband connection  Grin
newbie
Activity: 126
Merit: 0
January 07, 2018, 01:39:21 PM
#12
Purchase custom mining hardware. When Bitcoin first started, it was possible to mine using only your desktop's CPU and GPU. While this is still possible, the returns make running this method impractical. You will be spending far more on electricity than you will earn mining coins. Instead, custom hardware allows for much better processing for about the same power draw.
Custom hardware comes in the form of cards that are inserted into the computer much the same way that a graphics card would be.
Popular Bitcoin-mining hardware brands include Butterfly Labs, Bitcoin Ultra, CoinTerra, and more.
A dedicated Bitcoin mining machine can cost anywhere from a few hundred dollars to tens of thousands depending on the number of operations it can complete per second.


Obtain a bitcoin wallet. Bitcoins are stored in digital wallets that are encrypted to protect your money. These wallets can be either locally or online. While online services that host your wallet won't be able to access it, they are considered less secure as your money could potentially be lost if something catastrophic happens on their end.
Most established bitcoin users recommend using a local wallet for security reasons.
Local wallets typically require verifying the entire blockchain, which is the history of all bitcoin transactions. Hosting a blockchain is what helps keep Bitcoin running and secure. Syncing this blockchain for the first time can take a day or more.
Popular local wallets include BitcoinQT, Armory, and Multibit. Multibit does not require downloading the entire blockchain.
You can also get wallet apps for your mobile device. These do not require downloading the entire blockchain. Popular apps include: Blockchain and CoinJar.
If you lose your wallet, you lose your money!

Secure your wallet. Since there is no "ownership" when it comes to wallets, anyone who gains access to your wallet can use your coins as they please. To prevent this, enable two-factor authentication and store the wallet on a computer that doesn't have access to the internet, perhaps storing the wallet on your memory stick or SD card if you need to eject/dismount it later and have the wallet on the go.

Decide between joining a pool or going alone. When it comes time to start mining coins, you have two main options: join in with an established pool or attempt to mine on your own. A pool allows you to share resources and split the rewards, which can lead to quicker returns. Mining alone can be difficult as getting new bitcoins is highly competitive, but you get to keep everything you mine.
Without joining a pool, you may go a year or more without earning any bitcoins, since the coin is awarded to the pool that discovers it.[3]
Most pools charge a small fee (around 2%) of your earnings.
When joining a pool, you will need to create a "worker". This is a subaccount which is used to track your contributions to the pool. You can have multiple workers at once. Each pool will have instructions on creating workers.

Download a mining program. Mining programs are almost all open source and available for free. There are different mining programs available depending on the type of hardware you are running. Mining programs run in the command line, and may need a batch file in order to start correctly, especially if you are connecting to a pool.

Run your miner. Once you have your miner configured, you can start your mining operation. Run the batch file you've created if necessary and watch the miner connect and start mining. You will most likely notice the rest of your computer slow to a crawl as the miner works.

Keep an eye on temperatures. Mining programs push hardware to their limits, especially if the hardware was not designed for mining in the first place. Use a program such as SpeedFan to make sure that your temperatures don't go above safe limits. Graphics cards should usually never go above 80 °C (176 °F).

Check your profitability. After you've mined for a little bit, check your figures to make sure its worth it. How much did you make over the last few days? Compare that to how much money it cost you to keep your computer running at full speed during that time (most video cards take about 300-500 watts).
full member
Activity: 451
Merit: 100
January 07, 2018, 12:07:53 AM
#11
There is a separate section called mining.And there have beginners help.You must put that in those sections. Smiley
full member
Activity: 910
Merit: 101
January 06, 2018, 11:45:21 PM
#10
it does not make much economical sense now
newbie
Activity: 27
Merit: 0
January 06, 2018, 10:13:07 PM
#9
use graphic card.. with best quality and just for mining
and if you use more graphic card = more hashrates
more hashrates = much coin you mined later
but i can't suggest what graphic card you can buyed for mining...
newbie
Activity: 55
Merit: 0
January 06, 2018, 10:11:19 PM
#8
As for how to do mining is done digitally to solve puzzles and connect in bitcoin network after connecting, we will be "node" for devices used like, CPU, GPU, FPGA, and ASIC.
newbie
Activity: 33
Merit: 0
January 06, 2018, 09:41:54 PM
#7
How much are you guys spending to maintain a positive return on your investment?
member
Activity: 423
Merit: 11
January 06, 2018, 07:55:35 PM
#6
Yes, for maximal performance you can use Mainframe Computer with ASIC Card for mining

Does mining waste a lot of electricity?
member
Activity: 423
Merit: 11
January 06, 2018, 06:49:35 PM
#5
i think gpu mining is more cheaper than antminer miners
i use x2 rx480 and its very good
other miners like antminer is expensive and people have problem with them

How about if we use a Core I5 or Core I7 computer?
member
Activity: 126
Merit: 10
January 06, 2018, 03:27:27 PM
#4
How to do mining?
Any device that should be used?
There is a section in bitcointalk for mining and newbie want to know about it. Have you tried to check it?
newbie
Activity: 17
Merit: 0
January 06, 2018, 03:11:43 PM
#3
Yes, for maximal performance you can use Mainframe Computer with ASIC Card for mining
full member
Activity: 448
Merit: 108
January 06, 2018, 03:07:33 PM
#2
i think gpu mining is more cheaper than antminer miners
i use x2 rx480 and its very good
other miners like antminer is expensive and people have problem with them
member
Activity: 423
Merit: 11
January 06, 2018, 02:36:19 PM
#1
How to do mining?
Any device that should be used?
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