Start mining ? | Bitcointalksearch.org

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: notlist3d on April 02, 2015, 03:23:11 PM

Quote from: stonerider on April 02, 2015, 01:14:30 PM

I recommend mining to any and all "Bad Guys", however, I won't recommend it to all you "Good Guys."

What do you mean by this? The main reason I recommend mining is based on electricity.

What he s saying it s not profitable and only bad guys should invest in it. I disagree, if you play it smart, constantly reinvest, you can probably get your ROI.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: stonerider on April 02, 2015, 01:14:30 PM

I recommend mining to any and all "Bad Guys", however, I won't recommend it to all you "Good Guys."

What do you mean by this? The main reason I recommend mining is based on electricity.

stonerider

full member

Activity: 224

Merit: 100

I recommend mining to any and all "Bad Guys", however, I won't recommend it to all you "Good Guys."

Minerjoe

sr. member

Activity: 406

Merit: 250

Quote from: mrhelpful on April 01, 2015, 05:43:31 PM

most are gotten into cloud mining due to hardware space issue and the main electircity issue so I would dig in with spoondlies that started it recently.

Most are doing this since there is very few providers, and certain ones like KNC, BFL, Coin Terra, all these guys failed with their customer support.

https://bitcointalksearch.org/topic/ann-spondoolies-tech-carrier-grade-data-center-ready-mining-rigs-521520

I think these guys are legit, but they also give you the option to pay in credit card. If shit hits the fan, then you have easy access to call your credit issuer to solve a fraud case.

They operate together with Genesis Mining now. However, their prices are still way too high.

mrhelpful

legendary

Activity: 1456

Merit: 1002

most are gotten into cloud mining due to hardware space issue and the main electircity issue so I would dig in with spoondlies that started it recently.

Most are doing this since there is very few providers, and certain ones like KNC, BFL, Coin Terra, all these guys failed with their customer support.

https://bitcointalksearch.org/topic/ann-spondoolies-tech-carrier-grade-data-center-ready-mining-rigs-521520

I think these guys are legit, but they also give you the option to pay in credit card. If shit hits the fan, then you have easy access to call your credit issuer to solve a fraud case.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: copuxin on April 01, 2015, 01:04:14 PM

I want to mine altcoins but I have to start from? Please help ! thanks !

you could start with a2 terminator and mine every scrypt coin at launch then stop and repeat, dump them fast

you should roi faster in this way, with less consumption

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: copuxin on April 01, 2015, 01:04:14 PM

I want to mine altcoins but I have to start from? Please help ! thanks !

Altcoin mining is much harder with current equipment. I would suggest trying BTC first. There is just a lot better equipment for BTC then Scrypt right no.

Are you willing to try BTC first?

copuxin

newbie

Activity: 14

Merit: 0

I want to mine altcoins but I have to start from? Please help ! thanks !

Minerjoe

sr. member

Activity: 406

Merit: 250

Quote from: notalin on April 01, 2015, 05:27:33 AM

Please teach me how to start mining for step by step?

Sincere thanks !

Sure, let me send you 100 BTC while I m there.

notalin

newbie

Activity: 28

Merit: 0

Please teach me how to start mining for step by step?

Sincere thanks !

Minerjoe

sr. member

Activity: 406

Merit: 250

Quote from: The Bad Guy on March 01, 2015, 12:21:51 PM

ok I heard that it's basically impossible for me to mine using my PC because it's too weak etc ...
also heard of some kinda of USB's or whatever ? could I earn some bitcoins from those ? if yes how much and could anyone link me to them ? (official page sales or whatever) , want to know more about mining .

You are way too late for any kind of low investment mining. If you want to mine, you need to invest quite a lot. The other option is to test some of these CPU coins, Magi for example, but it s really questionable if you can make any money on that.

soowein

newbie

Activity: 42

Merit: 0

Mining bitcoin with cpu/gpu/usb interrupter was possible years ago,to mine with current difficulty

You need mining hardwares with hashrates in THs don't waste your time with cpu/usb miners

go to the computer hardware subforum and buy used hardware from there at cheap price the new one

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: extrabyte on March 14, 2015, 03:51:01 PM

bitcoin mining is extremely competitive and relies very much on current difficulty. The longer you wait the high the difficulty becomes and the less profit you will make.

that was true maybe 1 year ago, now it's just a farm-fest nothing else, small miners are out of the race since months

maybe with cloud mining there are better opportunity, because hash power can be resold faster

prodigy8

hero member

Activity: 532

Merit: 500

Quote from: The Bad Guy on March 01, 2015, 12:21:51 PM

ok I heard that it's basically impossible for me to mine using my PC because it's too weak etc ...
also heard of some kinda of USB's or whatever ? could I earn some bitcoins from those ? if yes how much and could anyone link me to them ? (official page sales or whatever) , want to know more about mining .

Anyone can mine it, but at this point, unless you buy specialized hardware Bicoin ASIC, you will spend more in electricity than you will get from mining.

extrabyte

legendary

Activity: 840

Merit: 1000

bitcoin mining is extremely competitive and relies very much on current difficulty. The longer you wait the high the difficulty becomes and the less profit you will make.

Superhitech

legendary

Activity: 1064

Merit: 1000

Quote from: The Bad Guy on March 01, 2015, 02:07:55 PM

Quote from: Superhitech on March 01, 2015, 02:07:07 PM

Quote from: The Bad Guy on March 01, 2015, 01:56:12 PM

Quote from: PolarPoint on March 01, 2015, 01:54:33 PM

Quote from: The Bad Guy on March 01, 2015, 01:46:36 PM

Thanks for answering , and how much those should costs ? if I buy one for example , how much BTC will I make in 24 hours (for example) .

I will give youna ballpark estimate. 1G hash will mine you 0.00001btc per day. Purchase a miner with 1T hash will earn you 0.01btc per day, minus your electricity cost.

Mm dosen't sounds that bad , 0.3 BTC per month ?

Don't forget to subtract the cost of your electricity! I know for some people electricity costs a lot, so mining isn't desirable for them.

I really googled for the cost of Electricity on my country and didn't find anything ... It's like we don't exist on the world

Maybe you could check with your electricity provider about the cost?

The Bad Guy

sr. member

Activity: 280

Merit: 250

Quote from: Superhitech on March 01, 2015, 02:07:07 PM

Quote from: The Bad Guy on March 01, 2015, 01:56:12 PM

Quote from: PolarPoint on March 01, 2015, 01:54:33 PM

Quote from: The Bad Guy on March 01, 2015, 01:46:36 PM

Thanks for answering , and how much those should costs ? if I buy one for example , how much BTC will I make in 24 hours (for example) .

I will give youna ballpark estimate. 1G hash will mine you 0.00001btc per day. Purchase a miner with 1T hash will earn you 0.01btc per day, minus your electricity cost.

Mm dosen't sounds that bad , 0.3 BTC per month ?

Don't forget to subtract the cost of your electricity! I know for some people electricity costs a lot, so mining isn't desirable for them.

I really googled for the cost of Electricity on my country and didn't find anything ... It's like we don't exist on the world

Superhitech

legendary

Activity: 1064

Merit: 1000

Quote from: The Bad Guy on March 01, 2015, 01:56:12 PM

Quote from: PolarPoint on March 01, 2015, 01:54:33 PM

Quote from: The Bad Guy on March 01, 2015, 01:46:36 PM

Thanks for answering , and how much those should costs ? if I buy one for example , how much BTC will I make in 24 hours (for example) .

I will give youna ballpark estimate. 1G hash will mine you 0.00001btc per day. Purchase a miner with 1T hash will earn you 0.01btc per day, minus your electricity cost.

Mm dosen't sounds that bad , 0.3 BTC per month ?

Don't forget to subtract the cost of your electricity! I know for some people electricity costs a lot, so mining isn't desirable for them.

The Bad Guy

sr. member

Activity: 280

Merit: 250

Quote from: PolarPoint on March 01, 2015, 01:54:33 PM

Quote from: The Bad Guy on March 01, 2015, 01:46:36 PM

Thanks for answering , and how much those should costs ? if I buy one for example , how much BTC will I make in 24 hours (for example) .

I will give youna ballpark estimate. 1G hash will mine you 0.00001btc per day. Purchase a miner with 1T hash will earn you 0.01btc per day, minus your electricity cost.

Mm dosen't sounds that bad , 0.3 BTC per month ?

The Bad Guy

sr. member

Activity: 280

Merit: 250

Quote from: philipma1957 on March 01, 2015, 01:53:11 PM

Quote from: The Bad Guy on March 01, 2015, 01:46:36 PM

Quote from: JessicaSe on March 01, 2015, 01:45:23 PM

mining bitcoin with cpu/gpu/usb interrupter was possible years ago,to mine with current difficulty you need mining hardwares with hashrates in THs
don't waste your time with cpu/usb miners
go to the computer hardware subforum and buy used hardware from there at cheap price the new one

Thanks for answering , and how much those should costs ? if I buy one for example , how much BTC will I make in 24 hours (for example) .

the antminer s-4 can be had for 550 usd from zoomhash.com a legit seller.

it does 2th

it burns 1200-1300 watts to do that.

so if you have really cheap power it could work. but spending 550 usd up front and paying 100 a month for power if you have 10 cent electric power make it a marginal buy.

If you have 6 cent a kwatt power it could be okay.

I am not sure what you want to spend. how much power costs you etc.

I need to know your power costs to give you any worth while info.

In my country it's not that expensive I get , we pay like 40-50 USD for three months (Electricity & gas) so not sure if we can consider this as cheap or not , don't how much cent for kwatt

Topic: Start mining ? (Read 3625 times)