I will like to know more about bitcoin mining system

bettercrypto

sr. member

Activity: 1316

Merit: 268

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Quote from: dansus021 on April 29, 2023, 12:33:49 PM

its already a couple of day that some new member discussed about Crypto Cloud Mining for some reason

are they try to convince us by using new account hahaha cloud mining is BS last my last post discussed about Binance cloud mining and it turned out that the day per terahash is around 0.0046 USD if you have small money better buy btc instead mining

That's why I sometimes feel shaken by the newbies who ask questions here in the forum, because the questions are repeated over and over again, you never know if there is only one person behind those accounts just to get them noticed and believed.

Most people here know that nowadays cloudmining sites don't do anything good, especially on mobile phones. And the practice of bitcoin mining is also known by the majority of the community here that it will really require a lot of money and knowledge. So I strongly agree with what you said that even if the capital is small, it is a better way to buy bitcoin than to do bitcoin mining.

Z390

sr. member

Activity: 714

Merit: 296

Cashback 15%

Don't love cloud mining they are 99% scam companies, a brother of mine fell for one called demine and they are asked to buy some hash rate, which is wrong, a real Bitcoin miner needs a hardware equipment to start mining for real, but cloud mining comes up with fake miner that looks like it's really mining and after they have paid some portion of reward they will exit scam on all their customers, they never had any mining machines, it's a pyramid scheme they are running, they will collect many funds and use same funds to settle early customers and it will look like they are really paying, those people they paid first will try to confuse new users that the platform is paying, that's how they will make a lot of money from innocent victims.

FP91G

legendary

Activity: 1610

Merit: 1026

Quote from: Ledway on April 28, 2023, 05:03:13 PM

I really like to be enlighten about bitcoin mining system.
Though i read few of them,the like of CPU,FPGA and CLOUD MINING.
If there are more important once i will love to know about them.

If you are still interested in mining, then don't waste your time reading reviews about CLOUD MINING, because this is a lost investment and CPU mining is not popular right now, just like GPU mining. Motherboards have 1 processor, Chinese budget motherboards have 2 processors, but these are old server processors.
About FPGA read the post
https://bitcointalksearch.org/topic/--5446401

Mate2237

hero member

Activity: 700

Merit: 577

Eloncoin.org - Mars, here we come!

Quote from: decodx on April 28, 2023, 06:12:50 PM

What is the point of opening a new topic when you have already asked a similar question here: How can i start bitcoin mining?

Op is is not here to learn but to post nonsense. There is no different between this thread and this https://bitcointalksearch.org/topic/how-can-i-start-bitcoin-mining-5450563. this thread would have been a comment in the other thread. Op I know that you are looking for for Merits but this not the way to have it. Read more than posting, so that you have a quality post to have what you are looking for. CPU is good in the Mining field and also ASIC mining is good as well. All what you have to do is to have the machines and start with the ones you have first.

zanezane

full member

Activity: 868

Merit: 150

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Quote from: Ledway on April 28, 2023, 05:03:13 PM

I really like to be enlighten about bitcoin mining system.
Though i read few of them,the like of CPU,FPGA and CLOUD MINING.
If there are more important once i will love to know about them.

I can give you some sites where you can read more about bitcoin mining system and explore these site to understand deeper. Bitcoin.org is the official website for bitcoin it provides a detailed introduction to bitcoin mining and how it works. You can find the information under the "Getting Started" section of the website https://bitcoin.org/en/bitcoin-core/how-to-mine

next is Bitcoin Mining Hardware it provides information on the latest Bitcoin mining hardware, including reviews and comparisons of different ASICs.https://www.bitcoinmininghardware.org/

You can also read some discussions here at mining section, also you can ask questions and learn from experienced miners. It has an entire section dedicated to mining. Just don't be shy to ask or share some of your thoughts about mining or maybe if you are also interested in trading.

dansus021

copper member

Activity: 1988

Merit: 905

Part of AOBT - English Translator to Indonesia

its already a couple of day that some new member discussed about Crypto Cloud Mining for some reason

are they try to convince us by using new account hahaha cloud mining is BS last my last post discussed about Binance cloud mining and it turned out that the day per terahash is around 0.0046 USD if you have small money better buy btc instead mining

kano

legendary

Activity: 4466

Merit: 1798

Linux since 1997 RedHat 4

Quote from: Ledway on April 28, 2023, 05:03:13 PM

I really like to be enlighten about bitcoin mining system.
Though i read few of them,the like of CPU,FPGA and CLOUD MINING.
If there are more important once i will love to know about them.

All a waste of time or scams.

Bitcoin mining is only done with ASICs.

decodx

hero member

Activity: 1414

Merit: 915

🇺🇦 Glory to Ukraine!

What is the point of opening a new topic when you have already asked a similar question here: How can i start bitcoin mining?

Ledway

newbie

Activity: 9

Merit: 0

I really like to be enlighten about bitcoin mining system.
Though i read few of them,the like of CPU,FPGA and CLOUD MINING.
If there are more important once i will love to know about them.

Topic: I will like to know more about bitcoin mining system (Read 160 times)