Mining advice - page 2. | Bitcointalksearch.org

twobits

sr. member

Activity: 574

Merit: 250

Quote from: jayco25 on August 06, 2018, 08:22:46 PM

Quote from: IVEXO on August 04, 2018, 11:49:28 AM

Since you do not have a gpu yet
Simply spend your time and participate in valuable airdrops and commendable bounty programs to get huge tokens then trade them for bitcoin to buy your mining set

I think this is the best advice for you. I also planning to have mining rig all my earning from airdrop and bounty could help me to buy set. Consider also that bounty and airdrop is profitable as long as you know how to do some research and need some effort.

#Support Vanig

At least you must do a lot of research about how many ROI, the profitability, electricity and maintenance cost. They are important things before try build your mining rig to mine the coin. remember the difficulty is always increase anytime and it could become another problem that gives a huge impact to your ROI.

sofmyhad

jr. member

Activity: 238

Merit: 1

In accordance to the current situation it will be so difficult for mining in the future because it is not so profitable now and there are too many ways to earn money.

angelfaria

newbie

Activity: 280

Merit: 0

I really appreciate your interest over learning about mining but to be honest if you are new here then my advice will be at first try to understand the system very nicely cause mining is not as easy as you think so you must learn the mining process properly

itoybtc

member

Activity: 71

Merit: 10

Quote from: Darkseid456 on August 04, 2018, 10:15:10 AM

Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you

When it comes to mining activities for you to have more knowledge about the specifications needed for a computer. In your case you have a Intel core i5 4th gen CPU so you will able to mine a smaller coin but it can't be covert for a bigger coin so you must first have combination of CPU and GPU to work in mining. In some point much better to start first to mine a smaller coin and afterwards if you are able now to buy a GPU to help and to power up your mining so that's the time for you to mine a bigger coin and exchange it to cash to upgrade your computer to mine more bigger coins in the future.

yanto@1977

full member

Activity: 686

Merit: 100

★Bitvest.io★ Play Plinko or Invest!

Quote from: Darkseid456 on August 04, 2018, 10:15:10 AM

Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you

You should have better equipment than that, mining is not easy. I already did that and stop it because need electricity in high quantity and the result is very small, can't pay the bills. I suggest you try referral program to raise higher speed from your mining activity. Before that, please calculate your in out income because bitcoin price is too low. Think again before start and good luck to you.

ariesjia

sr. member

Activity: 406

Merit: 250

Quote from: BADBITCH on August 06, 2018, 10:14:11 AM

My advice for you is to dedicate your time to focus on Airdrop and bounties
In fact profitable bounty programs

There is a lot of advantages in learning on this forum too
Don’t be left behind dude

I agree with you, because from the results of the bounty and airdrop you can buy a computer device with a higher specification.
You just need to spend your time to get a lot of money.

Janienregado1992

newbie

Activity: 169

Merit: 0

this is my advice to you when youre in mining !!! you need to invest mining like 100$ so youre mining status will be fast as they other mining !! you need to invest big in that mining pool!! to get faster mining!!

deepcryptomine

full member

Activity: 392

Merit: 101

Quote from: deepcryptomine on August 06, 2018, 09:40:56 PM

Yes, it is advisable. I've been mining on my laptops for awhile and no matter what someone says, I've mined enough to buy couple of new laptops.

However I would like to clarify that you may need to wait a little as well. Two coins that gave me the most profit back in the days were Zoin and Intense. I was mining them when the difficulty was low but still took it a long time before I could get some good profit on it.

deepcryptomine

full member

Activity: 392

Merit: 101

Yes, it is advisable. I've been mining on my laptops for awhile and no matter what someone says, I've mined enough to buy couple of new laptops.

Jendral Istimewa

full member

Activity: 330

Merit: 102

Quote from: iamMhew on August 04, 2018, 11:56:07 AM

Quote from: Darkseid456 on August 04, 2018, 10:15:10 AM

Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you

With only a cpu, you cannot mined any coins, unless you have a anykind of gpu to start to. Mining a coins is not easy as you think, you need to have a good specs of pc or build a mining equiptment which is very expensive right now, it is either of this two, this both are spending alot of money to build up. So as long as you dont have gpu yet to be use, you cannot start mining.

if you are serious about mining please buy existing tools such as motherboards, SSD, RAM, PSU and GPU. and you can directly mine altcoins. my advice, choose an ETH coin to be mined because ETH has a future and the price is very good.

YGRJ

jr. member

Activity: 83

Merit: 1

you can do research here https://bitcointalk.org/index.php?board=160.0, search for CPU mining, but FYI CPU mining are not profitable now, you need hodl and wait. i also mining nimiq and jsecoin using my office PC while i work... Grin

since you still newbie, u can join the social media bounty campaign. now recommend to join airdrop because too much scam now. signature campaign for newbie are not much choices but u can try. https://bitcointalk.org/index.php?board=160.0

bitcoindiary

newbie

Activity: 84

Merit: 0

For mining you must need a gpu. Without it you cannot start mining. Before getting gpu, you can join in bounty program and earn some cash for buying gpu.

UnknownUsername

full member

Activity: 224

Merit: 100

better buy than try mining today because you would end up pennies worth of altcoins and a bigger electricity bill in the future.

easybtcearn07

newbie

Activity: 222

Merit: 0

Mining coin is something which requires sheer programming knowledge, equipment set and also electricity. As you are planning to do it alone, I hope you have got all the three. For now I'd recommend first invest in BTC and acquire better knowledge about current market.

jayco25

full member

Activity: 336

Merit: 106

Quote from: IVEXO on August 04, 2018, 11:49:28 AM

Since you do not have a gpu yet
Simply spend your time and participate in valuable airdrops and commendable bounty programs to get huge tokens then trade them for bitcoin to buy your mining set

I think this is the best advice for you. I also planning to have mining rig all my earning from airdrop and bounty could help me to buy set. Consider also that bounty and airdrop is profitable as long as you know how to do some research and need some effort.

#Support Vanig

goldencrypto7100

newbie

Activity: 182

Merit: 0

Are you new in mining or crypto world? If you have any experience in crypto world then i think you should know that mining is not possible now with your computer.

Bonwin

member

Activity: 798

Merit: 38

Before you can go fully into mining, you need to get and out every thing necessary in place. Participate in other way of earning, whatever you are able to get at they end, might be enough to get a good set of mining kits.

SaoAccel

member

Activity: 378

Merit: 16

I recommend you to give more effort on doing bounties and participating in Airdrop so you will be able to earn for your GPU but then a single GPU is not that profitable so I think you'll still have to earn more before creating your mining rig so you can have funds to buy GPUs and other mining parts.

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: Darkseid456 on August 04, 2018, 10:15:10 AM

Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you

I have seen some shitcoins in the market that can potentially mine up with CPU but mostly I do know that coins are being mined with a Graphics card/GPU.
The fact into these kind of mining activity is that it wont really give any potential returns to the miner itself because coins that can be mined thru CPU doesn't even guarantee that it do have
reasonable market value and besides you are just ending up on busting out your own processing unit without any returns. So my advice is that better not to proceed with this activity.

blackmagic111

newbie

Activity: 218

Merit: 0

Your computer won't be able to mine coins without a GPU. I think you can try airdrops or bounties so that you can buy a gpu for mining.

Topic: Mining advice - page 2. (Read 436 times)