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Topic: How to mine BTC? (Read 1283 times)

member
Activity: 84
Merit: 10
November 17, 2017, 06:35:33 PM
#25
I'm just a newbie here. But how do i exactly mine BTC? some says that a good pc is required.

If you are pertaining to mining bitcoin CPU or GPU is not applicable to mine it anymore, what you need are ASIC miners which has more hashing powers than GPUs. But it is hard to have one of those ASIC miners because more people wants to own them.
full member
Activity: 406
Merit: 170
November 06, 2017, 02:39:43 PM
#24
Unless you're a newbie with multiple ASICs ready to go, I'd just suggest using (I assume) your graphics card to mine some altcoins first until you get more comfortable with mining in general. Unless you have a lot of start up capital or access to lots of ASIC hardware, mining bitcoin isn't really worth it anymore.

You could also utilize Nicehash as it's pretty user friendly, especially to newbies. Sells your hashing power to the highest bidder and pays you our in bitcoin directly.
member
Activity: 546
Merit: 17
November 06, 2017, 12:35:30 PM
#23
I'm just a newbie here. But how do i exactly mine BTC? some says that a good pc is required.
Actually mined bitcoin with pc there are some steps.
You must create a slushpool with (after login).
There are several things to note as well, for example:
Mining is usually done using gpu or vga, and make sure you also use extra cooling because mining will be done up to 100%.
I suggest you do not use cpu because the result is not maximal like gpu.
* Mining bitcoin also can not be done instantly because it takes time.
* and the resulting bitcoin yield depends on the type of device you are using.
most use asic cards compared to GPU.
If for the problem of the mining process I myself also do not know, because I am also a beginner and learn.
this is just sharing experience only.
thanks
member
Activity: 145
Merit: 14
November 06, 2017, 11:03:05 AM
#22
buy miner and pay electric fee (you must have Knowledge + mining team )
Just for your information you cannot mine btc through your laptop. You will burst your laptop in the process of doing so. Kindly go through different threads to find out more about the mining and you would require the specific equipment, temperature of the room, etc to get started with your mining the btc.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
November 06, 2017, 10:53:15 AM
#21
Quote
Step 3. You will Install a Bitcoin ‘miner’ on your PC.It is two types: CPU and GPU.
No, you will install crypto coin miner sw on a PC. Bitcoin is a SPECIFIC coin -- NOT a general term for all coins!

Bitcoin CANNOT be (profitably) mined on a computer, only the plethora of altcoins can be mined using CPU/GPU's.
full member
Activity: 382
Merit: 109
November 06, 2017, 10:42:12 AM
#20
For mining, it is all about the hardware you invest in. The better your hardware, the better your chances of striking gold with Bitcoin.


Which one is the best to Mine bitcoin buddy? Doing Mining is profitable Huh
newbie
Activity: 12
Merit: 0
November 06, 2017, 10:21:37 AM
#19
For mining, it is all about the hardware you invest in. The better your hardware, the better your chances of striking gold with Bitcoin.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
November 06, 2017, 10:11:56 AM
#18
Does your laptop look like this?


This is what a profitable mine looks like.
member
Activity: 70
Merit: 10
November 06, 2017, 10:06:11 AM
#17
Step 1:A wallet like a PayPal account will need where your bitcoins can be stored and you can store this wallet online, or locally on your PC.

Step 2. You will join a pool, such as Slush’s Bitcoin and you’ll need a ‘wallet’ to start with.

Step 3. You will Install a Bitcoin ‘miner’ on your PC.It is two types: CPU and GPU.

Step 4. You should log into your Bitcoin pool account, and enter your wallet address.

Step 5. You will register your workers and each worker is a sub-account within your Bitcoin pool account. You can have more than one worker running on each computer.


Step 6.You will enter your worker credentials into your Bitcoin mining software, and then enter the main pool URL so your workers can start mining.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
November 06, 2017, 08:31:33 AM
#16
I'm just a newbie here. But how do i exactly mine BTC? some says that a good pc is required.
And here we go with the 5th new post since Sunday of the exact same question. Since today's generations seem to have forgotten how to search much less think to perhaps read a few lines of the the existing posts...

There is a Beginners & Help section here.
That would be a damn fine place to start...

@ jkborbz and other newbs here: Point-1 to remember is that not all crypto coins are 'Bitcoin'. Bitcoin is a specific coin with very specific hardware needs which is very different from the hardware other coins use. For a start BTC outgrew GPU's several years ago.

The other coins that do use CPU/GPU's are in general called altcoins and they have their own areas here so when you start posting hardware questions be sure you post in the correct area. Yes you can exchange alts for BTC and some sites even pay in BTC but you are NOT mining it nor are you supporting the BTC blockchain. You are mining said alt coin and supporting it's chain.
member
Activity: 112
Merit: 10
November 06, 2017, 02:45:39 AM
#15
I'm just a newbie here. But how do i exactly mine BTC? some says that a good pc is required.

If you are pertaining on mining "bitcoin" then even if you have the best personal computer you will not be able to mine a piece of it.
Bitcoin can only be mined by ASIC devices now and this devices requires high amount of electricity to operate.
sr. member
Activity: 378
Merit: 251
November 06, 2017, 01:11:59 AM
#14
Yes you need strong pc with good CPU and a GPU  . And therebis few software you download from internet and u are ready to start mining

Just no. CPU and GPU mining for BTC is not profitable. It hasn't been for years. ASICs are the way to go now if you are planning to mine bitcoins. The electricity charges you get when mining using GPU is high depending on where you live. Most of the time, you are not even gonna break even.
newbie
Activity: 42
Merit: 0
November 06, 2017, 12:57:53 AM
#13
Better to use laptop and easier to minning bitcoin...
Please don't give false advice. You simply should not try mining with a laptop especially bitcoin
full member
Activity: 868
Merit: 151
November 06, 2017, 12:52:44 AM
#12
Better to use laptop and easier to minning bitcoin...

Just for your information you cannot mine btc through your laptop. You will burst your laptop in the process of doing so. Kindly go through different threads to find out more about the mining and you would require the specific equipment, temperature of the room, etc to get started with your mining the btc.
newbie
Activity: 20
Merit: 0
November 06, 2017, 12:01:34 AM
#11
Better to use laptop and easier to minning bitcoin...
member
Activity: 104
Merit: 10
November 05, 2017, 04:24:40 PM
#10
I'm just a newbie here. But how do i exactly mine BTC? some says that a good pc is required.

with simple word buy minner and pay electric bill and enjoy with new bitcoin
legendary
Activity: 2702
Merit: 4002
November 05, 2017, 11:37:54 AM
#9
I'm just a newbie here. But how do i exactly mine BTC? some says that a good pc is required.

mining bitcoin is hardware operation so that first you need mining tool .

mining be hard every year so you need mining team to make good income.

you must make real calculation to make some good income from mining like electricity bill , devices price , reduce noise tools,.....

at final mining is so risky for newbie
newbie
Activity: 47
Merit: 0
November 05, 2017, 08:35:03 AM
#8
Yes you need strong pc with good CPU and a GPU  . And therebis few software you download from internet and u are ready to start mining
hero member
Activity: 840
Merit: 520
November 05, 2017, 04:43:13 AM
#7
I'm just a newbie here. But how do i exactly mine BTC? some says that a good pc is required.
Minning Bitcoins is very profitable but you need to invest a handsome amount of money to earn good amounts of returns. First of all, you need to purchase some minning hardware like ASICS as normal computer gpu can't mine Bitcoin profitably as Bitcoin network is very powerful. I would recommend you to buy antminer S9 as it is one the most powerful asics available to mine Bitcoins. You can buy it here https://www.bitmain.com/. You also have to buy a psu to run the miner.
All you need to do after you receive the miner is to programmer it and join a pool. You can earn around 400$/month with this machine.
newbie
Activity: 35
Merit: 0
November 04, 2017, 12:56:49 PM
#6
buy miner and pay electric fee (you must have Knowledge + mining team )
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