I want to start mining bitcoin,please help - page 3.

flower1024

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Quote from: khaled0111 on September 07, 2017, 06:57:57 AM

In these days, mining bitcoin needs alot of money to invest to but appropriat matetial. Hashing rates are to high and it's too hard to mine BTC or other cryptocurrency unless you use hardwares with high performance witch are so expencive.
If you are willing to buy such hardware, you have to find the best combination between price, hashrate and electricity needed to run your rigs.

Mining alt coins are ok we can manage, but mining Bitcoins is tough I am not sure how many months it will take to mine 1 bitcoin. I also thought this but it is expensive for the individual I can't bear that money, so I quit. And bought few GPU and started altcoin mining. According to my recent experience Investing is best to compare Mining.

arayde

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Quote from: poizonbhai on August 25, 2017, 02:28:59 PM

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

Nice question, because I want this question to

MiningMaik96

newbie

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Hi guys,

me and some colleagues thought of start mining...

The problem is to find information about how much money you can gain...

Lets think we will get 10 ANTMINER S9 which is making 14 TH/s... how much money can you make with that per day?

i just found a site coinwarz.com/cryptocurrency - if i type in 14 TH/s at the column "X11" the daily revenue is really high... is this correct?

Attached you will find a screenshot of it..

http://www.filedropper.com/2017-09-07142849-cryptocurrencyminingvsbitcoinminingprofitabilitycoinwarz

Thank you for your help!
Maik

khaled0111

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Top Crypto Casino

In these days, mining bitcoin needs alot of money to invest to but appropriat matetial. Hashing rates are to high and it's too hard to mine BTC or other cryptocurrency unless you use hardwares with high performance witch are so expencive.
If you are willing to buy such hardware, you have to find the best combination between price, hashrate and electricity needed to run your rigs.

thepanicpoint

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if you think collect mine and accumulate btc and waiting for the price increasing, you can buy btc and save them, its more easy and profitable.

mahendra-13

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What alternative currency can be mined?

crisdean

newbie

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I'd say 2 Antminer S9 would be a good start if you can afford it. That should see you returning some profit if the electricity isn't too high at your country.

Of course I'd use cryptocompare or better coinwarz to check this.

P.S I said two because that's what I'd do. The difficulty went up and you want to make sure you mine more profit even if the difficulty gets up higher than it went up a few days ago.

Cookies_N_Cream

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Quote from: helloeverybody on August 26, 2017, 12:10:30 PM

If your mining from home then unless you have very cheap/free electricity then its not really worth it mining bitcoin. Even if you have free electricity then your probably still more profitable mining an altcoin using gpus rather than asics. As far as im aware home mining for bitcoin isnt something that anyone would do unless they already have the hardware or mining on a large scale. Better still you might be better off just using the money you were going to invest into mining into bitcoin instead.

Maybe not the advice you would want but unfortunately that's the way it is now.

I agree. I think the difficulty in mining nowadays is higher than in the past years so you really need to think twice before investing in mining rigs. My friends and I had been thinking of building a rig two months ago but since we can't really afford a setup of atleast 6 GPUs we turned into buying and holding coins instead.

oxidbtc

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Dear members.

I would like to share with you a very important information for the time. I have found an online-shop called selling Antminer Equipment and the best thing is that they are shipping same day. I have also contacted them over the phone and everything seems to be perfect. I just placed an order of 5 D3 with POWS with them and paid via BTC. For NON-EU countries they are offering a lower export invoice in order to have low taxes as well.

Webpage is https://antminer-see.com/
This US company based and registered as well in UK.
Same day shipping , SSL Certified and so on.

Yours
Oxid Btc

NotFuzzyWarm

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Evil beware: We have waffles!

Quote from: supandi wiharja on September 05, 2017, 03:14:48 PM

I myself need help from someone with experience in mining,i am confused where to start.
As a beginner, maybe i should learn a lot about mining, because i have not done it yet.
Little,i know that mining is processed using a graphics card (GPU) and the rest i do not understand.

Start with Bitcoin Mining 101
Bitcoin mining uses only ASIC-based miners. Rising difficulty made GPU's useless for mining BTC a few years ago.
GPU's are only usable for mining altcoins such as Eth.

supandi wiharja

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I myself need help from someone with experience in mining,i am confused where to start.
As a beginner, maybe i should learn a lot about mining, because i have not done it yet.
Little,i know that mining is processed using a graphics card (GPU) and the rest i do not understand.

farhansadik

member

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Merit: 10

Its totally depends on your Budget
you can start with antminer s9 (the price of s9 is around 2700-3000 USD)
You can use youtube & Google to learn the use of instruments.

If you haven not Enough Budget then You can focus on Alternative Coins
For Alt coin mining you need to buy GPU, It is Also Profitable.

you can be find some opportunity like cloud mining and Usb mining but that's not profitable, most of them are totally useless and profitless.

lofongi

newbie

Activity: 1

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You can try cloud mining
https://hashflare.io/r/A912149C

here you get profit every day

UAdrian

newbie

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I had a rig before with 4 1080ti, but now is not really profitabile, you should Invest in bitcoin or maybe just get a good sources where to get cheap GPU and sell them, anyway don't go on mining bitcoin, better head for altcoin on nicehash or another site, just be careful to don't get scam. You can make your own calculation on the price of gpu's and electricity. Anyway good Luck. Grin

Glory90

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Quote from: carlisle1 on September 05, 2017, 08:34:28 AM

Quote from: Glory90 on September 05, 2017, 08:22:26 AM

Quote from: poizonbhai on August 25, 2017, 02:28:59 PM

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

if you want to mine bitcoin, in my opinion the current popular is Antminer S9

Which miner is most profitable now?

for now, I think GPU mining is more profitable
to start you should do research on capital, electricity costs, mining results, etc.

first thing first and it should be consider as we knew inside mining current electricity cost is the big factors then the rigs and the coins since bitcoin
difficulty is really affecting the earnings you should also invest with your knowledge so you can choose what is much better to mined with.

I agree with your opinion sir,

difficulty is affecting earnings, therefore knowledge and experience is needed to determine which is the best to be mined

carlisle1

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Quote from: Glory90 on September 05, 2017, 08:22:26 AM

Quote from: poizonbhai on August 25, 2017, 02:28:59 PM

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

if you want to mine bitcoin, in my opinion the current popular is Antminer S9

Which miner is most profitable now?

for now, I think GPU mining is more profitable
to start you should do research on capital, electricity costs, mining results, etc.

first thing first and it should be consider as we knew inside mining current electricity cost is the big factors then the rigs and the coins since bitcoin
difficulty is really affecting the earnings you should also invest with your knowledge so you can choose what is much better to mined with.

Glory90

full member

Activity: 392

Merit: 101

Quote from: poizonbhai on August 25, 2017, 02:28:59 PM

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

if you want to mine bitcoin, in my opinion the current popular is Antminer S9

Which miner is most profitable now?

for now, I think GPU mining is more profitable
to start you should do research on capital, electricity costs, mining results, etc.

Lampaster

sr. member

Activity: 406

Merit: 255

For beginners I do not recommend the use of cloud mining. They are almost all crooks. Best to start with hashing on the GPU, and gradually increase the tempo. When you know all the details of this business you can make more expensive purchases of the equipment and to increase production.

Wipro

hero member

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Quote from: salihno71 on September 01, 2017, 07:19:49 AM

Quote from: salihno71 on August 26, 2017, 12:52:05 PM

You can check the cloud mining like https://www.genesis-mining.com Make sure to do your research before investing.

Forget about Genesis at least for now. It seems that they're skipping some payments. Check the following thread:
https://bitcointalksearch.org/topic/genesis-mining-not-paying-out-2139003

Genesis or any other cloud mining will never suits newbie who wish to start mining as their platform. This thread link or the above link he shared also will not help him much.
He need to learn about mining and how to put a set up in home first and has to buy a higher end miner, power supply rig and cords to get a profit every time.

Vod

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Quote from: cucuadam on September 03, 2017, 02:30:06 AM

many places to start bitcoin mining but must be careful to choose good and guaranteed

Any "place" is a scam. If you could make a profit off of mining with them, why wouldn't they just mine for themselves?

The only way to make coin with bitcoin mining is to join a mining pool.

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