Need Coaching About Bitcoin And Alt Coin

fearnloathing_VO

brand new

Activity: 0

Merit: 0

Announcing MyEtherWallet v3.24.00: Difficulty Bomb&Updating blockchain

Due to the complexity of the Bomb and the increased risk of hacking, we pushed a rather drastic update that implements a number of changes and improvements, including enhancement of efficiency and scalability of the blockchain, acceleration of transaction speed, and additional security in the form new formats private keys which will help protect users against hacking.
If you are using private key or UTC, then you need to go into the wallet and update manually, otherwise they risk being unprotected.

How do i update my Ethereum wallet?

1. Go to our website /]MyEtherWallet.com
2. Unlock your wallet using your Keystore File (UTC / JSON) or simply use your private key.
3. Click Unlock and wait for the update.

Please note that you need to manually update your wallet, failure to do so may result in funds being lost.

We are taking these measures to protect both you and our network from phishing and malicious attacks.

Thank you for your cooperation and understanding!
MyEtherWallet Security Team.

If you use other methods, then ignore this message.

Unacceptable

legendary

Activity: 2212

Merit: 1001

Ok:

1. DO NOT BOTHER MINING BITCOIN

2. If you want to mine ANYTHING,stick to GPU coins....and trade them for Bitcoin,if you must cash out.

2 a. A video card has MUCH better resale value,even after a year or two.

2 b. A much better warranty,up to 5 years if you look hard enough,avg is 2-3 years.......... ASICs 90 days LMAO!!!!!! Buy em used & ZERO warranty Cheesy

3. MUCH cheaper to get mining with video cards,I use old dual core PCs that have PCIE vid card slots & 4 gigs of ram I find around town & old HDDs.Just buy video card & PSU new.

4. PROFIT......a little profit is better than no profit Wink

Now Bitcoin miners can flame on me Cheesy

This guy is the ONLY one I KNOW that can mine Bitcoin at a profit,read his story to find out how:

https://bitcointalksearch.org/user/philipma1957-64507

equator

legendary

Activity: 1190

Merit: 1002

It is really true that seeing the rate of your country KWH it is not recommended to start your mining work even with Altcoin i think your profit percentage will be low so it is better that you can start to do trading in bitcoin and altcoin which will give you more profit then mining it.

Amph

legendary

Activity: 3248

Merit: 1070

so the more you consume the more you pay, it doesn't look like expanding your farm would be a wise decision with that rate of electricity that get bigger

also a sigle anminer s9 is already consuming 1000kwh per month, which make your consumption with the highest rate based on your post, and it's clear that it's not profitable for you

it's better if you start looking at the altsection, where you can have profit even with 0.2 cent electricity at least if not more, there is definitely more margin there

NiHaoMike

full member

Activity: 236

Merit: 250

Quote from: philipma1957 on April 03, 2017, 09:03:31 AM

Quote from: zaimibiz on March 31, 2017, 05:31:38 PM

Hello

i need coaching how to mining btc and alt coin

i need to know step by stop how to mining

I will pay for it if its affordable.

this is my country kWH details

For the first 200 kWh (1 - 200 kWh) per month around 4.75usd
For the next 100 kWh (201 - 300 kWh) per month   sen/kWh   7.46usd
For the next 300 kWh (301 - 600 kWh) per month   sen/kWh   11.66usd
For the next 300 kWh (601 - 900 kWh) per month   sen/kWh   12.34usd
For the next kWh (901 kWh onwards) per month   sen/kWh   12.90usd

The minimum monthly charge is 1usd

so please anyone the PRO in this line ..

i need coaching.anything just pm me.

I will pay for it if its affordable.

1 antminer s-9 uses 1.3 kwatts so 1.3 x 24 x 30 = 936 kwatts per month

so 1 antminer s-9 will get you to the top rate of 12.90 for I guess 100 kwatts or 12.9 cents

the s-9 at 12.9 cents = loser most likely

My interpretation is that it is "binned" i.e. going over 900kWh/month doesn't make all usage 12.9c/kWh, just the amount that goes over. It is clear, however, that it doesn't pay to go big in your case. I would suggest altcoin mining with GPUs, since current ASIC units disfavor small setups.

lemonade09

member

Activity: 98

Merit: 10

All you need is a pc and a high end hardware for mining bitcoin..,
Many people mined bitcoin but get nothing because of the low end hardware that earn just a cent for 1month.,
So if you want to start mining buy a good hardware designed for mining bitcoin and your good to go..,
after that pick a software that you will use for mining bitcoin ,,.
Create your wallet for your own so this is where all your mine coins go..
so you have a good hardware your h/s is not bad you can earn a bitcoin for a short time and you can pay your electricity bill
just use the mining calculator to calculate your income in your h/s

philipma1957

legendary

Activity: 4326

Merit: 8950

'The right to privacy matters'

Quote from: zaimibiz on March 31, 2017, 05:31:38 PM

Hello

i need coaching how to mining btc and alt coin

i need to know step by stop how to mining

I will pay for it if its affordable.

this is my country kWH details

For the first 200 kWh (1 - 200 kWh) per month around 4.75usd
For the next 100 kWh (201 - 300 kWh) per month   sen/kWh   7.46usd
For the next 300 kWh (301 - 600 kWh) per month   sen/kWh   11.66usd
For the next 300 kWh (601 - 900 kWh) per month   sen/kWh   12.34usd
For the next kWh (901 kWh onwards) per month   sen/kWh   12.90usd

The minimum monthly charge is 1usd

so please anyone the PRO in this line ..

i need coaching.anything just pm me.

I will pay for it if its affordable.

1 antminer s-9 uses 1.3 kwatts so 1.3 x 24 x 30 = 936 kwatts per month

so 1 antminer s-9 will get you to the top rate of 12.90 for I guess 100 kwatts or 12.9 cents

the s-9 at 12.9 cents = loser most likely

Xester

hero member

Activity: 994

Merit: 544

Quote from: zaimibiz on March 31, 2017, 05:31:38 PM

Hello

i need coaching how to mining btc and alt coin

i need to know step by stop how to mining

I will pay for it if its affordable.

this is my country kWH details

For the first 200 kWh (1 - 200 kWh) per month around 4.75usd
For the next 100 kWh (201 - 300 kWh) per month   sen/kWh   7.46usd
For the next 300 kWh (301 - 600 kWh) per month   sen/kWh   11.66usd
For the next 300 kWh (601 - 900 kWh) per month   sen/kWh   12.34usd
For the next kWh (901 kWh onwards) per month   sen/kWh   12.90usd

The minimum monthly charge is 1usd

so please anyone the PRO in this line ..

i need coaching.anything just pm me.

I will pay for it if its affordable.

It is hard to coach somebody without seeing him or without being him in front of you. Though there are tutorials in google and you tube but the actual set up of the mining rig and all its accessories are difficult. It needs a technical person to install all these things. So my tip for you my friend so you can have at least an idea how it is to mine try mining using the website minergate or rent miners online at miningrentals. After having such experience you can now assess if you are up to the job to mine or you want to mine because you think you will get huge income from it. Do some research first and calculate if you can earn on it before purchasing an actual hardware which can be costly later on.

yakubong

newbie

Activity: 2

Merit: 0

you can use it to calculate the profit

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=4730&HashingUnit=GH%2Fs&PowerConsumption=1293&CostPerkWh=0.12

zaimibiz

newbie

Activity: 1

Merit: 0

Hello

i need coaching how to mining btc and alt coin

i need to know step by stop how to mining

I will pay for it if its affordable.

this is my country kWH details

For the first 200 kWh (1 - 200 kWh) per month around 4.75usd
For the next 100 kWh (201 - 300 kWh) per month   sen/kWh   7.46usd
For the next 300 kWh (301 - 600 kWh) per month   sen/kWh   11.66usd
For the next 300 kWh (601 - 900 kWh) per month   sen/kWh   12.34usd
For the next kWh (901 kWh onwards) per month   sen/kWh   12.90usd

The minimum monthly charge is 1usd

so please anyone the PRO in this line ..

i need coaching.anything just pm me.

I will pay for it if its affordable.

Topic: Need Coaching About Bitcoin And Alt Coin (Read 1202 times)