Questions from a newbie! | Bitcointalksearch.org

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

1) The question of profit is not answerable by anyone but you. Does it cost you more to run that S3 than you are making? If yes, then you'll never profit. The pool on which you are mining is not the primary factor here.
2) When mining BTC you can easily find out the expected earnings for your hash rate. These are expectations, not absolute truth. Sometimes you earn more. Sometimes you earn less. There's no gaming the system. You can't suddenly expect to make more coin given the same conditions, using the same hardware. You could try mining different coins and hope they make you more profit than mining BTC, but that's another forum topic

3) Ranking up takes time and posts. See here: https://bitcointalksearch.org/topic/forum-rankspositionsbadges-what-do-those-shiny-coins-under-my-name-mean-178608
4) The trust system is based on feedback from other users. It can be positive, neutral or negative. Neutral has no effect on score. If you are providing goods or services to other forum users, they have the ability to leave feedback to tell others how things went. If you do a good job, you'll be rewarded with positive feedback. Do bad things, and you'll see negative trust. See here for more details: https://bitcointalksearch.org/topic/marketplace-trust-211858

flameruk

full member

Activity: 196

Merit: 100

Check out mining to p2pool if you like to take a gamble!
You might not earn for a while but generally payouts are good.
You should grab a couple of shares each day with that miner!

Look for a node near you and try and mine for a week.
Earnings will ramp up over a few days.

If you are in the UK, you can use my node for free http://www.ukp2pool.uk:9332/static/

Good luck anyway!

pnbamania

full member

Activity: 267

Merit: 100

Thanks everyone! Cheesy

poptok1

hero member

Activity: 1638

Merit: 756

Bobby Fischer was right

Quote from: pnbamania on January 10, 2017, 08:58:17 AM

3) I am a newbie member and I have seen others post where they pay you a certain amount on this site to do certain tasks but won't accept any newbies, how do I rank up?
4) How is trust gained?

Hi and welcome.
Ad3: You simply post. That's it. Posting makes your activity go up. One post 1 activity point.
   14points in total are available in the period of 14 days. Posts are unlimited.
   Once every 14 days activity is added to your account, if a certain threshold is crossed
   you rank up

more here: https://bitcointalksearch.org/topic/forum-rankspositionsbadges-what-do-those-shiny-coins-under-my-name-mean-178608

Ad4: You can gain trust by interacting with other forum members. By selling, taking loans etc.
Trusted members will give you green points eventually. Or red

morantis

hero member

Activity: 868

Merit: 503

Quote from: pnbamania on January 10, 2017, 08:58:17 AM

What's the best pool to mine? I have Bitmain AntMiner S3+ 453Gh/s.

I am new so also have few other questions.

1) I am using slush pool but the payout is every one week for like 5$.. Will I even profit?

2) IS there anyother way to profit? I have heard of links to sign up on they pay you?

3) I am a newbie member and I have seen others post where they pay you a certain amount on this site to do certain tasks but won't accept any newbies, how do I rank up?

4) How is trust gained?

1. That is really what is to be expected on BTC. You can try other pools that mine newer SHA256 coins. Also, I suggest renting your miner out. I have used a site called miningrigrentals.com and there are others. People pay you to use the power of your rig. When it is not rented, you have it pointed at your default pools.

2. You can join a sig campaign for a little bit of money, but first work on getting your rank up a bit...see below.

3 and 4 plus a bit of 2

Just keep posting here and you will rank up. It is a complex system, but it comes down to if you post at least once per day, every day, you will rise up as time passes. About two weeks for the first jump, if I remember correctly. The key is to really post, really ask questions or really answer them, bot to post for the sake of posting. That is spamming and will get you banned. Trust is an internal system used by a few people in business dealings mostly. If you are just being a good forum member, that will not be a big thing for you for some time, if ever.

zottejos

member

Activity: 64

Merit: 10

Quote from: pnbamania on January 10, 2017, 08:58:17 AM

What's the best pool to mine? I have Bitmain AntMiner S3+ 453Gh/s.

I am new so also have few other questions.

1) I am using slush pool but the payout is every one week for like 5$.. Will I even profit?

2) IS there anyother way to profit? I have heard of links to sign up on they pay you?

3) I am a newbie member and I have seen others post where they pay you a certain amount on this site to do certain tasks but won't accept any newbies, how do I rank up?

4) How is trust gained?

http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=453&p=2600.00&pc=0&pf=0.00&d=317688400354.03400000&r=12.50000000&er=913.79000000&hc=0.00

1) $5/week... Are you sure? At current diff, price, block reward, the estimated income WITHOUT energy costs or HW costs is about $2.3/week... If you get $5, you're doing something special

2) sure, you should tell the forum about your skills tough. That way members can advice alternative earning methods for you

3) make high quality posts and wait... You get a maximum of 14 activity every 2 weeks

4) be honest, be helpfull and have patience

pnbamania

full member

Activity: 267

Merit: 100

What's the best pool to mine? I have Bitmain AntMiner S3+ 453Gh/s.

I am new so also have few other questions.

1) I am using slush pool but the payout is every one week for like 5$.. Will I even profit?

2) IS there anyother way to profit? I have heard of links to sign up on they pay you?

3) I am a newbie member and I have seen others post where they pay you a certain amount on this site to do certain tasks but won't accept any newbies, how do I rank up?

4) How is trust gained?

Topic: Questions from a newbie! (Read 672 times)