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Topic: how to start bitcoin mining? (Read 674 times)

sr. member
Activity: 966
Merit: 275
March 13, 2018, 08:25:51 PM
#63
Is there any groups or association of miners here in Philippines? Madami dami rin bang mga miners dito? Just a thought.

Yes, there is and I'm a group member.  If you want to join, here's our facebook group account, https://www.facebook.com/groups/cryptominersph/

Also, the group maintains a thread here, so, if you have questions about crypto mining and hardware (GPUs, MOBO, peripherals, and other parts) simply go to CMPH - CryptoMiners Philippines Official Thread, https://bitcointalksearch.org/topic/cmph-cryptominers-philippines-official-thread-2133447

Thanks, ask ko lang then if its still profitable here in PH yung GPU mining. Balak ko kasing sumugal din dito, don't know but seeing on this thread trading makes more sense than mining these days. Pero still thinking kung anu ba mas maganda. Thanks sa reply repa.  Wink

Of course. Check out this post, https://bitcointalksearch.org/topic/m.32155101

Quote
sa ngayon eto ang kita ng 2 gpu na 1070:
1 gpu = $2 per day so kung 2 gpu = $4 dollars per day

$4 dollars per day X 30 days = $120 ang kikitain mo

sa peso $120 / 50 = 6000 pesos

6000 pesos ibawas ang kuryente na 2592 pesos = 3408 pesos Smiley

3408 PESOS ANG MAARI MONG KITAIN BAWAS NA ANG KURYENTE Smiley ENJOY

It's only 2 GPUs... what if you build 6 GPUs (same specs)? So you would be netting Php10,224 per month, and from there you can compute when you'll be able to recover your investment.

newbie
Activity: 85
Merit: 0
March 13, 2018, 06:35:22 PM
#62
To start bitcoin mining kailangan mong bumili ng matataas na prosesor at mas mabilis na mga computer. Kailangan mu rin ng isang magandang lugar na paglalagyan ng iyung mga gamit at dapat may aircon o di kayay malalaking fan para hindi sasabog ang iyong mga pc. Buong araw kasi ito nag aandar at 24/7 talaga so dapat hindi mainit ang lugar. I handa mo rin ang sarili mo sa malaking bill ng kuryenteng babayaran mo.
full member
Activity: 546
Merit: 107
March 13, 2018, 09:23:47 AM
#61
Unang una kakailanganin mo ng pera para sa pambili ng mga equipment para sa mining. Estimated na kailangan mo ay 150k-200k pesos para makapag simula ka sa mining ng bitcoin o kung ano mang preferred altcoins na gustuhin mong imina. Pero tandaan mo din na may iilang altcoins na hindi profitable at magaaksaya ka lang ng pera sa pagbabayad ng napakamahal na kuryente dahil malakas ang mining sa kuryente.
full member
Activity: 248
Merit: 100
March 13, 2018, 08:21:28 AM
#60
Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm
Kakailanganin mo talaga ng magandang videocard lalo sa pagmimining sobrang mahal pa naman lalo na ngayon dahil sa alam din nila ang advantage ng magkaroon ng magandang videocards. pwede din naman cpu pero baka magoverheat lang.

di pa din pwede na cpu lang need talga ng videocard ang isang pc na pang mina malaki laking halaga ang kailangan sa pagmimina kasi nung nakita ko sa google 30k ang pinaka mura sa magagandang video card kaya di advisable na mag mina ka na walang videocard .
sr. member
Activity: 616
Merit: 250
March 13, 2018, 08:05:15 AM
#59
Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm
Kakailanganin mo talaga ng magandang videocard lalo sa pagmimining sobrang mahal pa naman lalo na ngayon dahil sa alam din nila ang advantage ng magkaroon ng magandang videocards. pwede din naman cpu pero baka magoverheat lang.
newbie
Activity: 1
Merit: 0
March 13, 2018, 07:22:54 AM
#58
Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

Yes, you will need a good processor or the cpu and video cards in order to mine good. And about the chip that's 100x faster than the older one, maybe it's still in he making.
newbie
Activity: 29
Merit: 0
March 13, 2018, 04:32:44 AM
#57
Is there any groups or association of miners here in Philippines? Madami dami rin bang mga miners dito? Just a thought.

Yes, there is and I'm a group member.  If you want to join, here's our facebook group account, https://www.facebook.com/groups/cryptominersph/

Also, the group maintains a thread here, so, if you have questions about crypto mining and hardware (GPUs, MOBO, peripherals, and other parts) simply go to CMPH - CryptoMiners Philippines Official Thread, https://bitcointalksearch.org/topic/cmph-cryptominers-philippines-official-thread-2133447

Thanks, ask ko lang then if its still profitable here in PH yung GPU mining. Balak ko kasing sumugal din dito, don't know but seeing on this thread trading makes more sense than mining these days. Pero still thinking kung anu ba mas maganda. Thanks sa reply repa.  Wink
sr. member
Activity: 966
Merit: 275
March 13, 2018, 04:15:57 AM
#56
Is there any groups or association of miners here in Philippines? Madami dami rin bang mga miners dito? Just a thought.

Yes, there is and I'm a group member.  If you want to join, here's our facebook group account, https://www.facebook.com/groups/cryptominersph/

Also, the group maintains a thread here, so, if you have questions about crypto mining and hardware (GPUs, MOBO, peripherals, and other parts) simply go to CMPH - CryptoMiners Philippines Official Thread, https://bitcointalksearch.org/topic/cmph-cryptominers-philippines-official-thread-2133447
sr. member
Activity: 392
Merit: 254
March 12, 2018, 11:49:15 AM
#55
Eto share ko lng sana makatulong sa gusto mag start sa mining ng bitcoin galing sa nasalihan kung group sa fb.

Search sa youtube how to make mining rig for gpu
- magkano gastos ng 2 gpu: depende sa bibilin mo gpu,
kung gtx 1070, ang isa nyan ay 25k to 27k depende sa mabibilan mo
dahil alam nila na pinang mmina ang gpu.
so ang dalawang gpu na 1070 ay maaring 50k,
- parts: kailangan mo ng mobo with lots of pcie, kung marami kang gpu ilalagay bili ka ng riser worth 300-500pesos ang isa, power supply with enough watts at electric fan or any fan para lumamig gpu mo hehheeh.

kung dalawa ang bbilin mong gpu like 1070 eto kikitain mo at eto narin kuryente

calculate muna naten ang watts:
gtx 1070 ay may 150watts MULTIPLY BY 2 (kasi dalawang gpu) so 300watts na. isama panatin ang watts ng kalimitang computer mga 100watts
TOTAL WATTS ay 400watts na.

alamin naman natin ang kwh ng meralco pagpalagay nating 9 pesos kasi ganyan samin:
so TOTAL KWH ay 9pesos

alamin naman natin kung ilang hours nating irrun ang gpu:
syempre 24 hours walang patayan para kumita
TOTAL HOURS ay 24 hours

alamin natin kung ilang araw naman irrun:
try natin muna sa 30 days kasi jan papasok ung bill eh
TOTAL DAYS ay 30 days

400w = .4kw
.4kw x 24 hours x 30 days = 288kwh

288kwh x 9 pesos = 2592 pesos

2592 pesos ang maari mong bayadan sa kuryente
pero magkano kikitain mo sa mina ngayon

depende sa bigayan ng mina, dati mataas pero ngayon super baba pero may pero may profit panaman:

sa ngayon eto ang kita ng 2 gpu na 1070:
1 gpu = $2 per day so kung 2 gpu = $4 dollars per day

$4 dollars per day X 30 days = $120 ang kikitain mo

sa peso $120 / 50 = 6000 pesos

6000 pesos ibawas ang kuryente na 2592 pesos = 3408 pesos Smiley

3408 PESOS ANG MAARI MONG KITAIN BAWAS NA ANG KURYENTE Smiley ENJOY

Credit:Cryptominers Ph
full member
Activity: 283
Merit: 100
March 12, 2018, 08:17:46 AM
#54
Maraming babasahin at maraming gastos yon ang pagmina ay di biro dapat alam mo ang lahat tapos maramikang bibilhin na kaylangan para maging perpekto yong pag mining dapat kang magbasa sa lahat ng bagay na kaylangan upang maka start ka sa pag mining po
member
Activity: 238
Merit: 33
March 11, 2018, 03:56:29 AM
#53
Yes that's true you can mine using your GPU and CPU. But mining with GPU is faster than mining using CPU if you want to know how bakit mas mabilis mag mine ang GPU kesa sa CPU you can check this link: https://en.bitcoin.it/wiki/Why_a_GPU_mines_faster_than_a_CPU

Regarding about how are you going to start building a mining equipment, Ipapaliwanag ko muna sayo paano o ano ang mga dapat mong gawin o kailanganin upang makapag start mag mine:

Requirements:
1. You need to build a mining equipment probably GPU's the more GPU you have the better. But you need to know how to make a mining rig or you can use your PC directly to mine bitcoin.
2. You need a capital of course to buy equipments, maintenance.
3. Extra cash to pay electricity bills.

but after that you should take note that before earning profit from mining, you need to recover first your capital in buying equipments and also recover the payment for your electricity bills. And if you're going to use your PC to mine bitcoin you should know the risk na pwedeng masira yung CPU or GPU mo sa sobrang init kapag nagmimine ng bitcoin.

Conclusion:

You need to be wealthy enough or atleast need a high capital in order to start bitcoin mining and if you're going to use your PC it may end up really bad. (But not all the time)
member
Activity: 135
Merit: 10
March 10, 2018, 11:05:13 PM
#52
Purchase custom mining hardware. When Bitcoin first started, it was possible to mine using only your desktop's CPU and GPU. Obtain a bitcoin wallet. Secure your wallet. Decide between joining a pool or going alone. Download a mining program. Run your miner. Keep an eye on temperatures. Check your profitability.
member
Activity: 294
Merit: 11
March 10, 2018, 07:41:51 PM
#51
You can start bitcoin mining by purchasing those computer requirements for mining bitcoin. You need a computer, and 6 or 7 gpu mother board, and 8 gb videocard, and a power supply. It is better if you add airconditioner. And download an application for bitcoin mining.
full member
Activity: 308
Merit: 100
March 10, 2018, 11:00:51 AM
#50
Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm
Yes totoo po yan na aabot sa 100k-300k ang gagastusin mo sa pag minina ng bitcoin, tsaka ant miner ang ginagamit sa pag mimina ng bitcoin hindi gpu dahil yan sa taas na ng deficulty at para sa akin hindi advisable ang pagmimina dito sa atin sa pinas dahil sa mahal ng kuryente, aabot pa ng ilang taon bago mo pa ma kuha ang ROI mo. Kaya mag isip isip ka ng mabuti.

Mahirap na kasi itawala yong pera baka kasi di mabalik katulad niyan ang laki ilalagay tapos anong mangyayare lang napunta lang sa wala dapat doon na sa sigurado alam ko malaki ang kikitain sa mina pera mahirap naman ang mabawe yong puhonan na ginamit natin diyan sa mining mas mabute doon ka na lang sa siguro kay sa doon sa 50-50 ka pa
member
Activity: 280
Merit: 12
March 10, 2018, 09:51:48 AM
#49
Mining is profitable here in our country if you bought the gpu's at reasonable price or if you pay less for the electricity but you should also have a better cooling system since we are in a tropical country otherwise your hardwares will turned into not good condition. For me capital, wide space, effort and time is the main significant thing for you to start this kind of business.
full member
Activity: 461
Merit: 101
March 10, 2018, 08:03:57 AM
#48
Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm
Yes totoo po yan na aabot sa 100k-300k ang gagastusin mo sa pag minina ng bitcoin, tsaka ant miner ang ginagamit sa pag mimina ng bitcoin hindi gpu dahil yan sa taas na ng deficulty at para sa akin hindi advisable ang pagmimina dito sa atin sa pinas dahil sa mahal ng kuryente, aabot pa ng ilang taon bago mo pa ma kuha ang ROI mo. Kaya mag isip isip ka ng mabuti.
full member
Activity: 283
Merit: 100
March 10, 2018, 04:25:04 AM
#47
Para sa akin mahirap mag mining dahil grabe ang gasto diyan sa pagmining bago mo makuha yon pera na ginastos mo matatagalan pa kaya medyo di ko gusto ang pa mina mahirap din kasi e baka mascam ka pa mahirap na magtiwala sa ibang site baka kasi sinasalihan mo pala scamer yon ang mahirap sa pagmimina di ka sigurado ko kikita ka ba ng malaki
jr. member
Activity: 93
Merit: 2
March 10, 2018, 02:59:13 AM
#46
para sa akin kasi ang mining dito sa pinas hindi gaano kalakihan ang kikitain mo dahil sa mga equipments para sa mining. sa kuryente na babayaran mo dahil sa hina ng internet dito sa pinas..kong mahina ang internet mabagal din ang mining..kaya pag isipan mo muna bago ka mag mining dahil baka ma sayang lang ang mga equipments mo.
full member
Activity: 283
Merit: 100
March 09, 2018, 05:51:51 AM
#45
Ang alam ko ay malaki laki ang gagastosin mo sa bitcoin mining aabot daw ng 100,000 - 300,000 ang aabotin ng gagastosin mo sa pag ma mining, kaya kung ako sayo sir mag isip ka ng mabuti bago ka mag mining kasi malaking pera ang gagastosin mo pang mayaman talaga ang mining sir, pero kung meron ka namang pera pambili ng mga gamit okay lang kasi malaki rin ang tutuboin mo.

Yes, tama ka mahal ang mga gagamitin sa mining dahil ang kailangan mu dito ay mga mataas na specification ng computers, saka kong titingnan natin marami pang ibang pamamaraan upang kumita ng bitcoin na hindi mo kailangang gumastos ng malaki, ngunit dipindi naman iyan sa tao diba? para sa akin mas maganda pang magbounty nalang kaysa magmag mining.

Bago mo makuha ang puhonan maraming taon yata maproseso ang mining alam ko malaki ang makukuha pag matagal kana sa pag miming pero masasabi ko lang matagal mo pa makukuha yong gustong makuha sa pagmimina tama ka mahal ang kagamitan sa pagmimina yon ang mahirap doon mas pipiliin ko pa mag post kaya mag mina maproseso kasi e
full member
Activity: 868
Merit: 108
March 08, 2018, 11:07:02 PM
#44
Ang alam ko ay malaki laki ang gagastosin mo sa bitcoin mining aabot daw ng 100,000 - 300,000 ang aabotin ng gagastosin mo sa pag ma mining, kaya kung ako sayo sir mag isip ka ng mabuti bago ka mag mining kasi malaking pera ang gagastosin mo pang mayaman talaga ang mining sir, pero kung meron ka namang pera pambili ng mga gamit okay lang kasi malaki rin ang tutuboin mo.

Yes, tama ka mahal ang mga gagamitin sa mining dahil ang kailangan mu dito ay mga mataas na specification ng computers, saka kong titingnan natin marami pang ibang pamamaraan upang kumita ng bitcoin na hindi mo kailangang gumastos ng malaki, ngunit dipindi naman iyan sa tao diba? para sa akin mas maganda pang magbounty nalang kaysa magmag mining.
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