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Topic: How to MIne Bitcoin? - page 3. (Read 3016 times)

member
Activity: 98
Merit: 10
October 21, 2017, 07:55:51 AM
#30
Bitcoin 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.
full member
Activity: 756
Merit: 102
October 20, 2017, 08:59:11 PM
#29
Can someone send me a link to the best/most efficient mining software please?


id say mining using a software is not worth it and wont make you rich, so i suggest get yourself a mining hardware or assemble a mining rig (gpu/cpu)
in order to make mining a profitable way but you must be aware that mining  consumes much electric power and will result to higher electrcity bills plus mining nowadays is getting harder and their dificulty level  has been increased , so you'd  better think twice before jumping in or else find a new hobby.
hero member
Activity: 770
Merit: 500
October 20, 2017, 06:08:54 PM
#28
What are the processes of bitcoin mining? What are the tools needed?
Buy a hardware mining machine that will mine bitcoin or you could try to mine via online. However, there's only few mining sites are legit because most of them are just scam. I remember my first mine, I earned a lot of bitcoin unfortunately I couldn't able to withdraw it.
What I have learned and understood about all this crypto world things, you have to learn everything for your work before you take first official step. So better is to make yourself ready for everything coming in your way. Second is to make sure you are using a legitimate website or exchange or anything. Don’t get trapped in scams, be vigilant while making use of these things.
sr. member
Activity: 854
Merit: 267
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October 20, 2017, 05:44:03 AM
#27
What are the processes of bitcoin mining? What are the tools needed?
Buy a hardware mining machine that will mine bitcoin or you could try to mine via online. However, there's only few mining sites are legit because most of them are just scam. I remember my first mine, I earned a lot of bitcoin unfortunately I couldn't able to withdraw it.
newbie
Activity: 4
Merit: 0
October 20, 2017, 05:07:21 AM
#26
Can someone send me a link to the best/most efficient mining software please?
newbie
Activity: 9
Merit: 0
October 19, 2017, 12:55:20 PM
#25
Other than NiceHash, what can i use to mine bitcoin?
newbie
Activity: 26
Merit: 0
October 19, 2017, 08:40:38 AM
#24
look for an ASIC Machine Antminer S9 would be the best, or invest on a trusted cloud mining site beware of scams though.
For bitcoin mining the first step we need to do is to take a part in hardware pr create your own hardware like antminer s9 and antminer s7 etc and then we should need to make a program to mine bitcoin and after that when bitcoin mined then the user will need to take part in a group where a lot of people will doing work together and then the reward will be given to that group and that reward will then divide in groups member and all of them will get profit equally and a lot.
newbie
Activity: 163
Merit: 0
October 19, 2017, 08:39:39 AM
#23
What is the best device for btc mining . also profitable

The Bitmain Antminer S9.  It's called an asic miner.  It mines sha256.

You can also build a gpu rig with 1070, 1080ti's RX580's and run Nicehash. 
Mining bitcoin is not very easy and how it looks is really different in reality. For mining bitcoin a person should need to be pro active and always connected to bitcoin because you will need to have latest knowledge about bitcoin to have a good next step all in know is that bitcoin mining is really good and give a person a lot of profit.
hero member
Activity: 966
Merit: 501
October 19, 2017, 05:42:12 AM
#22
Usually there are people who sell hardware and software packages for mining, you just run it. But I think it takes a lot of capital, so I do not recommend it. You have to assemble your own CPU, so you will know how you generate bitcoin this way. You need to buy Asics antminer to do mining and there is still much to know, read more about mining on the website.

I think more to assemble the CPU itself,. because in addition we can assemble with the best components we can get,, we too can have an advantage over the cost that must be removed,, and for that we can save more funds we have for investment or to do device maintenance,., and solar power can recommended if you are in the agricultural area,,
hero member
Activity: 896
Merit: 500
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October 19, 2017, 03:07:23 AM
#21
What is the best device for btc mining . also profitable
Go to Bitmant and Antminer S9 is the one all people will recommend for you.
about how to mine bitcoin. it easy with thousand guide and video on the net
do some research guy
full member
Activity: 644
Merit: 107
October 19, 2017, 02:33:45 AM
#20
Usually there are people who sell hardware and software packages for mining, you just run it. But I think it takes a lot of capital, so I do not recommend it. You have to assemble your own CPU, so you will know how you generate bitcoin this way. You need to buy Asics antminer to do mining and there is still much to know, read more about mining on the website.
member
Activity: 147
Merit: 10
October 18, 2017, 09:03:22 PM
#19
look for an ASIC Machine Antminer S9 would be the best, or invest on a trusted cloud mining site beware of scams though.
full member
Activity: 189
Merit: 100
ƃqɹᴉllᴉɐuʇb
October 18, 2017, 09:01:19 PM
#18
What is the best device for btc mining . also profitable

The Bitmain Antminer S9.  It's called an asic miner.  It mines sha256.

You can also build a gpu rig with 1070, 1080ti's RX580's and run Nicehash. 
newbie
Activity: 43
Merit: 0
October 18, 2017, 07:32:06 PM
#17
What is the best device for btc mining . also profitable
The Antminer S9 is basically the only one worth buying
newbie
Activity: 19
Merit: 0
October 18, 2017, 05:30:12 PM
#16
What is the best device for btc mining . also profitable
sr. member
Activity: 518
Merit: 268
October 18, 2017, 11:51:59 AM
#15
Mining is basically solving cryptographic hashes to make a block. The reward you get consists of transaction fees and the block reward (if you solve the block), but because of the high amount of miners it's almost impossible to do this yourself. Therefore they created pools, to mine with a group of people, which shares the block reward.

The equipment really depends on the coin you want to mine.
If it's Bitcoin you want then you should need an ASIC miner, these are machines that are build to solve a specific algorithm.
Then you have ASIC resistance coins like Ethereum and Zcash, these can be mined with an video card.
Besides that you need software to actually mine the coins, there is a whole section with software on this forum: https://bitcointalk.org/index.php?board=42.0 . There is also a handy tool to see what's the most profitable coin to mine for you hardware, it can be found here: https://bitcointalk.org/index.php?board=42.0 .
newbie
Activity: 1
Merit: 0
October 18, 2017, 11:37:04 AM
#14
Этот сайт не майнит биткоины, но приумножает биткоины в вашем кошелькеbytcy.biz https://bitcy.biz/?ref=AleksM2
member
Activity: 97
Merit: 10
October 18, 2017, 05:31:20 AM
#13
You need to buy an ASICs machine or buy a cloud mining service
newbie
Activity: 29
Merit: 0
October 18, 2017, 05:12:20 AM
#12
 you can use NiceHash miner. register at https://www.nicehash.com/  , get a btc wallet address at nicehash too. download nicehash miner from their site and run benchmark before mining. later you can transfer your btc or buy hash power from nicehash.

see how much you can earn if you know your hash power http://whattomine.com/
member
Activity: 69
Merit: 10
October 17, 2017, 05:36:48 AM
#11
First of all, know the Basics of Bitcoin Mining and then after selecting the Hardware which is Beneficial for Bitcoin.
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