Newbie - How to start mining ? | Bitcointalksearch.org

breadginger56

jr. member

Activity: 82

Merit: 1

Quote from: LyfHestia123 on January 11, 2018, 05:54:49 AM

What are the specs of the computer for mining, and what software should I use?
Thanks in advance. Cheesy

Any CPU will do but in GPU the minimum would be GTX1050ti up to GTX1080ti for Nvidia cards while RX480 up to RX Vega cards. Though you can't just mine bitcoins in that hardware because of the difficulties and traffics so better mine on low difficulty altcoins like Monero or Zcash. That's all and also be watchful on your electricity bills. So better plan ahead. Cheesy

LyfHestia123

newbie

Activity: 16

Merit: 0

What are the specs of the computer for mining, and what software should I use?
Thanks in advance. Cheesy

ibeta

newbie

Activity: 38

Merit: 0

Quote from: Alartonicus on December 20, 2017, 07:18:27 AM

Why exactly " SHIELD "? There is a good site which U can see whar is perfect to mine at any time: http://whattomine.com/

You see the price of SHIELD now ? , i reserached it a while back and is positive project. I posted on Dec 20 , and was less than 0.02 cents. now 0.23 cents

breadginger56

jr. member

Activity: 82

Merit: 1

Quote from: Alartonicus on December 26, 2017, 06:54:35 AM

Quote from: ambnet7 on December 20, 2017, 11:14:14 PM

Can we use personal computers for mining? Or will it need super computer with some high edged capabilities?

Yes U can use personal computers for mining. Look here to know about mining profit with usual GPUs http://whattomine.com/

I agree but in todays crypto's prices are so high and the difficulty for mining is also increasing that it may be not so profitable to mine in personal computers. Build mining rigs if you can if you some money to buy also mining for newbies like me is risky and not recommended. Wink

breadginger56

jr. member

Activity: 82

Merit: 1

Quote from: Slimberry on December 30, 2017, 05:58:18 AM

How reliable are all these mining stuff? I learnt most are scam.

Most scams are from bitcoin or crypto doublers, those are kinds of "HYIP" sites or get-rich-quick schemes that lures newbies or unaware people who really wants to earn bitcoins so badly. It also comes in form of Cloud Mining, Faucets or other some "other" sites that ends in .xyz,.io,.yz.

Take note: Not all cloud mining sites or faucets are scams. And be sure to check the contents of the sites like its Contact Us or About Us pages and maybe check those scam verifiers on the internet so you can be sure on what risks you'll take. Grin

Slimberry

newbie

Activity: 26

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How reliable are all these mining stuff? I learnt most are scam.

yadwoa69

newbie

Activity: 107

Merit: 0

Mining for Newbie in crypto currency is not recommended. Mining hardware and other cost associated with it will discourage you from the crypto world.

ParveZ219

member

Activity: 336

Merit: 10

Quote from: isakibrahman55 on December 29, 2017, 04:25:59 AM

How to start bitcoin mining a good amount without investment?

Quote from: ibeta on December 20, 2017, 07:14:03 AM

Hello ,

I'm sure this question has been asked before. There is a guide to show you step by step how to mine for dummies ?
Lets say i want to start mining currency called " SHIELD " https://bitcointalksearch.org/topic/ann-xsh-tori2p-quantum-proof-mn-pospow-fully-ano-shield-2234453

Thank you

If you want to earn without investment and use GPU for mining then you can mine altcoins which will give you some profit..Bitcoins mining is not profitable as electricity consumption is more than your profit..so mine altcoins or best is to increase your rank here and join signature campaign or bounty campaigns..

isakibrahman55

newbie

Activity: 2

Merit: 0

How to start bitcoin mining a good amount without investment?

Midoucha

newbie

Activity: 129

Merit: 0

Buying an AntminerS9 is worth it mining Bitcoin Cool

Vik_the_Carpentner

jr. member

Activity: 84

Merit: 4

Cryptocurrency Wallet - Denaro.io

Don't mine if you're a newbie. It would be a disaster, you'll loose all your money and that's all.

readygoaw

full member

Activity: 476

Merit: 105

If you use graphics processors, then the result will not be as expected, and if it is achieved, it is not as fast as it would like. So all depends from your money!

Alartonicus

member

Activity: 87

Merit: 10

Quote from: ambnet7 on December 20, 2017, 11:14:14 PM

Can we use personal computers for mining? Or will it need super computer with some high edged capabilities?

Yes U can use personal computers for mining. Look here to know about mining profit with usual GPUs http://whattomine.com/

ambnet7

newbie

Activity: 28

Merit: 0

Can we use personal computers for mining? Or will it need super computer with some high edged capabilities?

flip4flop

full member

Activity: 378

Merit: 135

If you want some ideas of how much a mining rig will cost you take a look at the links in my signature block. Its a few builds I put together for various budgets.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Very first thing you should consider is your budget and how would you run your mining business. Do you have your own place to stack your machines and do you already have the slightest idea on how much your total initial investment would be? How about the maintenance costs? Would you be able to sustain your mining non-stop 24/7? The next thing is thinking of what coin to use. The former is the hardest part since you need to research more on your hardware rather than the coin; you can change your mined coins as you wish but for your hardware it needs to be robust and built to last in order to generate you some profit.

enhu

legendary

Activity: 2492

Merit: 1018

Quote from: Alartonicus on December 20, 2017, 07:55:14 AM

One of the best for PC are the Claymores Miners.
U can read about that one https://bitcointalksearch.org/topic/claymores-dual-ethereum-amdnvidia-gpu-miner-v150-windowslinux-1433925
or another using Google search
All the instructions you will see in the topic of the description of the miner.

You will also need the wallet for the selected coins. Not everything can be mined to the stock exchanges wallets

The thread is just to long actually.I have been interested to learn mining even before XMR landed on mars but I haven't got the real information as to which GPU to buy and how to actually set up from the ground up with all the screenshots. Maybe if someone did this, I'd probably sent btcs to him just to tip the tutorial he did. Unfortunately none was ever found even here in the forum.

frenkie032

newbie

Activity: 41

Merit: 0

I also use this app. It's easy to manage and there have not been any problems in it yet!

kryddan

newbie

Activity: 3

Merit: 0

I went for a place called www.minergate.com for my first try.
The coin I decided to try out was Monero.
Just register, download the app, login and start mining

Well thats what I did anyway. There are many other ways out there.

TaKlarPH

full member

Activity: 168

Merit: 100

They said it all but before that I just want to tell you that •Money is need too
•A place where you should put your miners and etc
Be sure its safe and not hot.

I want to share that some guy created a machine which helps the miner to cool off for better use along the way. I forgit its name but please do share for those who know what Iam talking about.

Topic: Newbie - How to start mining ? (Read 217 times)