Step-by Step to start Bitcoin Mining

ABitNut

hero member

Activity: 764

Merit: 500

I'm a cynic, I'm a quaint

Quote from: Decksperiment on August 18, 2014, 06:59:59 AM

I dont patent/copyright anything, since in all honesty, idea's are in the air, and we all get those idea's at the same time.. it's up to those who catch on at the time to make something of those idea's.. I'd rather know I was the first to show what can actually be done with the tools at our disposal.

If I find or design a hack should I copyright it?

A hack? I reckon in the USA you can patent that. At least you should ensure that you've documented it, just in case someone else tries to claim patent on it later on.

If you, as you claimed, have a way of violating the second law of thermodynamics then you should patent that, take out a life insurance (some people may not love losing their multi-billion businesses) and go collect you Nobel prize.

If however you're merely trolling you don't have to worry about a thing. You automatically own the copyright on everything you write in a fixed form. And that includes this forum. So if anyone would try to infringe on your trolling you have a basis to sue them.

Decksperiment

sr. member

Activity: 630

Merit: 250

I dont patent/copyright anything, since in all honesty, idea's are in the air, and we all get those idea's at the same time.. it's up to those who catch on at the time to make something of those idea's.. I'd rather know I was the first to show what can actually be done with the tools at our disposal.

If I find or design a hack should I copyright it?

ABitNut

hero member

Activity: 764

Merit: 500

I'm a cynic, I'm a quaint

Quote from: Decksperiment on August 15, 2014, 07:32:02 AM

...
I am an electronics engineer to trade, and know full well how to create a self perpetuating power supply, that will last longer than the life of a human..
...

If you have a way of violating the second law of thermodynamics then you shouldn't be wasting time on this forum. Get your shit patented and you're set for a thousand lifetimes.

Decksperiment

sr. member

Activity: 630

Merit: 250

Quote from: abimbola on August 13, 2014, 10:43:20 AM

There are literally hundreds of ways to mine and no one post can cover all of that. To keep it simple:

-Buy Miner
-Plug it into computer/laptop/Pi or configure it through web acess
-Pick some pools to mine on and make accounts
-Mine using CGMiner or BFGMiner
-Spend BTC and be happy!

Here's a more detailed guide for many ASIC models:
https://bitcointalksearch.org/topic/guide-dogies-comprehensive-bitmain-antminer-s3-setup-hd-702653

@decksperiment
i am a bit okay with your reply. but i dont get what you mean by asic models and where can i buy a miner and how much. your quick reply will be appreciated. thanks

Just type asic miner in google, take your pick, the only reason I have yet to buy one is the same reason I come across quite stern sometimes, because despite all the information out there, I have yet to see a reputable dealer that will just send upon payment, unused brand new hardware, on time. I am not willing to risk 500 quid by sending it to someone who has probably used it to con thousands out of their btc.. The websites relating to such hardware are most dubious at best in my opinion..

I myself asked here where to get a couple, and got NO answer I could rely on, telling me knowone actually knows, or is holding back just like they would with their btc..

Decksperiment

sr. member

Activity: 630

Merit: 250

Quote from: abimbola on August 13, 2014, 09:56:10 AM

Buy a miner if your talking that kinda money mate, takes the load of your computer

what do you mean by buy a miner and how does it work,electricity is okay here and i will like to go into full minning. im waiting for your quick reply. i also want to know how to mine with hardware instead of doing it myself. thanks mate

Well, I have 0 experience in mining hardware, but that is an incorrect statement..(yes I contradict myself often lol..) due to having mined continually since the first release of bitcoin using nothing more than my spare quad core and a 8600gt grafix card..

I read a lot of how electricity is the prime concern, which to me does'nt make much sense, since whilst it's not cost effective at the time, is actually worth it if btc does go through the roof in terms of how much CASH you can exchange them for.. if this price continues to rise, (as will leccy..)..

How many people considered that this shows us we can mine btc for free with NO electric costs?

How? Well, their is a disclosure fee for this kind of mining, or if someone wants to give me a job, I'll show them how to mine with NO cost.. (excluding my wages..) I am an electronics engineer to trade, and know full well how to create a self perpetuating power supply, that will last longer than the life of a human..

As for mining with hardware, buy, plug n play from what I understand.. yeah, you'll probably need to set up ip and l/p and/or wallet address, peice of piss..

start with gpuminer or such, and learn how it runs on YOUR computer, then when you have grasped the basics, get the miners..

griffga

member

Activity: 76

Merit: 10

If you want to mine Bitcoin or Litecoin based coins, try to get some dedicated ASIC hardware. If you would be more willing to take risk and speculate, you can put together a GPU mining setup and mine alt coins. However, be advised that it is a lot more work to setup, install, troubleshoot, and maintain and bunch of GPU rigs than to just get an ASIC.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: topman21 on August 13, 2014, 02:43:13 AM

Quote from: ALToids on August 06, 2014, 01:33:03 AM

There are literally hundreds of ways to mine and no one post can cover all of that. To keep it simple:

-Buy Miner
-Plug it into computer/laptop/Pi or configure it through web acess
-Pick some pools to mine on and make accounts
-Mine using CGMiner or BFGMiner
-Spend BTC and be happy!

Here's a more detailed guide for many ASIC models:
https://bitcointalksearch.org/topic/guide-dogies-comprehensive-bitmain-antminer-s3-setup-hd-702653

Hi bro, very sorry i am new here.

Except buy miner, can we buy such software for mining?.

If i understand right the anwser is not really. The software listed above is free. It run's hardware for mining.

Look into Asic Miners, i suggest bitcoin for starting. Scrypt is a totally different game.

You could just get the software... but these day's GPU/CPU mining of alt coins is dead for most because of cost compared to amount you mine.

I would suggest a all in one miner for starting something such as S3 that is plug/play. You just have to configure it which there is many great guides for.

abimbola

newbie

Activity: 3

Merit: 0

There are literally hundreds of ways to mine and no one post can cover all of that. To keep it simple:

-Buy Miner
-Plug it into computer/laptop/Pi or configure it through web acess
-Pick some pools to mine on and make accounts
-Mine using CGMiner or BFGMiner
-Spend BTC and be happy!

Here's a more detailed guide for many ASIC models:
https://bitcointalksearch.org/topic/guide-dogies-comprehensive-bitmain-antminer-s3-setup-hd-702653

@decksperiment
i am a bit okay with your reply. but i dont get what you mean by asic models and where can i buy a miner and how much. your quick reply will be appreciated. thanks

abimbola

newbie

Activity: 3

Merit: 0

Buy a miner if your talking that kinda money mate, takes the load of your computer

what do you mean by buy a miner and how does it work,electricity is okay here and i will like to go into full minning. im waiting for your quick reply. i also want to know how to mine with hardware instead of doing it myself. thanks mate

topman21

legendary

Activity: 1176

Merit: 1056

Quote from: ALToids on August 06, 2014, 01:33:03 AM

There are literally hundreds of ways to mine and no one post can cover all of that. To keep it simple:

-Buy Miner
-Plug it into computer/laptop/Pi or configure it through web acess
-Pick some pools to mine on and make accounts
-Mine using CGMiner or BFGMiner
-Spend BTC and be happy!

Here's a more detailed guide for many ASIC models:
https://bitcointalksearch.org/topic/guide-dogies-comprehensive-bitmain-antminer-s3-setup-hd-702653

Hi bro, very sorry i am new here.

Except buy miner, can we buy such software for mining?.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: Decksperiment on August 12, 2014, 04:02:44 PM

Quote from: abimbola on August 12, 2014, 12:57:01 PM

I am new to minning,i hve desktop in my office and with p4 cpu,i will like to order for HD6670 ATI Radeon HD Game GDDR5 DDR5 1GB 1024MB 128bit PCI HDMI PCI-C Express Desktop Video Graphics Cards PC Graphics Card or 2GB 2048MB GTX770 GDDR3 DDR3 256bit GTX Nvidia Geforce Video Card Graphics Cards for Games Desktop PC. which one will be okay for me? please advice im new

Buy a miner if your talking that kinda money mate, takes the load of your computer..

It's true sadly the day's of mining GPU's are gone for most. Because of electricity go with Asics.

Decksperiment

sr. member

Activity: 630

Merit: 250

Quote from: abimbola on August 12, 2014, 12:57:01 PM

I am new to minning,i hve desktop in my office and with p4 cpu,i will like to order for HD6670 ATI Radeon HD Game GDDR5 DDR5 1GB 1024MB 128bit PCI HDMI PCI-C Express Desktop Video Graphics Cards PC Graphics Card or 2GB 2048MB GTX770 GDDR3 DDR3 256bit GTX Nvidia Geforce Video Card Graphics Cards for Games Desktop PC. which one will be okay for me? please advice im new

Buy a miner if your talking that kinda money mate, takes the load of your computer..

abimbola

newbie

Activity: 3

Merit: 0

I am new to minning,i hve desktop in my office and with p4 cpu,i will like to order for HD6670 ATI Radeon HD Game GDDR5 DDR5 1GB 1024MB 128bit PCI HDMI PCI-C Express Desktop Video Graphics Cards PC Graphics Card or 2GB 2048MB GTX770 GDDR3 DDR3 256bit GTX Nvidia Geforce Video Card Graphics Cards for Games Desktop PC. which one will be okay for me? please advice im new

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: darkphantom934 on August 11, 2014, 10:09:19 PM

I started with a simple ASICMiner erupter (although I would buy something like an AntMiner U2 now, better cost/performance). They're a GREAT introduction to mining and the world of BTC. They teach you a lot about drivers, etc, but they're also a lot of fun to look at Tongue

I would definately recommend one for a first time miner. If you're comfortable with the whole world of mining, have fun experimenting with some of the bigger miners such as the AntMiner blade series.

Have fun!

They are a good thing for learning mining for a low price especially the block erupters. But they are more for fun. ROI at this point can't happen on usb miners such as the block erupters.

Might look into other miners depending on electricity do ROI before.

Decksperiment

sr. member

Activity: 630

Merit: 250

Thanks for info, I like to start at the top myself lol, and the less hassle with drivers the better, i been doing electronics all my life and at my age i like things that tad easier..

darkphantom934

full member

Activity: 141

Merit: 100

I started with a simple ASICMiner erupter (although I would buy something like an AntMiner U2 now, better cost/performance). They're a GREAT introduction to mining and the world of BTC. They teach you a lot about drivers, etc, but they're also a lot of fun to look at Tongue

I would definately recommend one for a first time miner. If you're comfortable with the whole world of mining, have fun experimenting with some of the bigger miners such as the AntMiner blade series.

Have fun!

Decksperiment

sr. member

Activity: 630

Merit: 250

So where is a reliable place in the uk to get one of those s3's? Like I want to buy wed for it to arrive fri kinda thing?

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: DhaniBoy on August 09, 2014, 10:04:15 AM

Quote from: Kprawn on August 06, 2014, 07:50:45 AM

Do you want to mine yourself, with your own hardware or mining with "cloud mining" services?

It would help, if you gave more information on the hardware you have now, if you plan on using that or if you going to be buying new hardware.

Some people mine on smart phones these days, so anything is possiible, if you mine the right currency. Wink

So tell us a bit more.

Ps.. What is your electricity cost like?

i think more effective you mining with cloud mining service, there is a lot of a place where cloud mining services
you just need invest your money to buy bitcoin and then the machine will mining for you
every week or every month your BTC wallet will increase smoothly
thanks

Show us a cloud mining service that compares to owning and mining or owning and hosting in price. And factor in the end with hosting and mining yourself you have a machine that does have some value. Cloud mining you have nothing.

I see cloud mining at current pricing as a good temporary solution if you need more speed temporary. But in long run it does not compare on price.

Decksperiment

sr. member

Activity: 630

Merit: 250

Personally I would just buy a wall of s3's, but i looked at the price.. again and again and again.. is their any site's in uk that sell s3's at a set price rather than whatever the idiots choose? Oh, and with psu, as I'd hate to invest 500 smackers into something I cant turn on.. Package deals anyone?

DhaniBoy

sr. member

Activity: 280

Merit: 250

Quote from: Kprawn on August 06, 2014, 07:50:45 AM

Do you want to mine yourself, with your own hardware or mining with "cloud mining" services?

It would help, if you gave more information on the hardware you have now, if you plan on using that or if you going to be buying new hardware.

Some people mine on smart phones these days, so anything is possiible, if you mine the right currency. Wink

So tell us a bit more.

Ps.. What is your electricity cost like?

i think more effective you mining with cloud mining service, there is a lot of a place where cloud mining services
you just need invest your money to buy bitcoin and then the machine will mining for you
every week or every month your BTC wallet will increase smoothly
thanks

jjc326

hero member

Activity: 700

Merit: 500

Quote from: ABitNut on August 08, 2014, 12:29:44 AM

I'm going to sound mean here...

If you can't find resources / guides about basic mining then you probably shouldn't mine. It's not free money. It requires effort to make a profit from it. Just asking "Hey I want to mine, how do I do it?" demonstrates a lack of effort to me.

Just my $0.02.

Agree and also sorry to be rude, but google it. You need to do research and figure it out, as most people here did. If you can't figure it out, you probably don't want to bother with mining because there will be issues, and you'll have downtime and need to tweak, etc, so it won't be worth it - probably will be frustrating too.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: elevator on August 07, 2014, 11:57:28 PM

Please can you suggest a good or average miner-mine, so I can try them.
Here in Nigeria there is no any idea of this new game around and so I want to start from scratch, please advice further in a step by step to effective mining.
However if there is a good book for this business I wouldn't mind to get it for good.
Thanks and cheers.

Honestly reading the boards will do you more then a book for mining. A book that explains bitcoin might be good if you completely new.

Mining changes so often a book would be hard to keep up to date, it would really need to be electronic and constantly updated. Look into if hosted or at home mining is best for you then pick a machine.

It will have more to do with your budget, and risk level. All very personal things not something a book can tell you.

ABitNut

hero member

Activity: 764

Merit: 500

I'm a cynic, I'm a quaint

I'm going to sound mean here...

If you can't find resources / guides about basic mining then you probably shouldn't mine. It's not free money. It requires effort to make a profit from it. Just asking "Hey I want to mine, how do I do it?" demonstrates a lack of effort to me.

Just my $0.02.

elevator

newbie

Activity: 2

Merit: 0

Quote from: jjc326 on August 07, 2014, 02:47:49 PM

I found that there was a simple guide on Slush's pool that I first used that kind of walked me through what to do to get started. I eventually switched pools but it was a good start. Seriously, there are so many "guides" out there now (compared even to a year ago), and the hardware is simpler than it used to be, now a lot are plug and play, so you can figure it out.

jjc326
Please can you link me to any of the guide, I am a complete novice and wish to learn.

Thanks

elevator

newbie

Activity: 2

Merit: 0

Please can you suggest a good or average miner-mine, so I can try them.
Here in Nigeria there is no any idea of this new game around and so I want to start from scratch, please advice further in a step by step to effective mining.
However if there is a good book for this business I wouldn't mind to get it for good.
Thanks and cheers.

best-miner.com

full member

Activity: 123

Merit: 100

best-miner.com

Now use miner mining is very easy, most miner have a friendly console, and almost everyone could know how to set it, as it is only need fill in pool address.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: jjc326 on August 07, 2014, 02:47:49 PM

I found that there was a simple guide on Slush's pool that I first used that kind of walked me through what to do to get started. I eventually switched pools but it was a good start. Seriously, there are so many "guides" out there now (compared even to a year ago), and the hardware is simpler than it used to be, now a lot are plug and play, so you can figure it out.

Very true. There is a lot of hosting option you basically point to pool and done. With in home you pick miner and plug it in then point to pool. (this assumes you have a bitcoin wallet for the bitcoins to go to).

There is not real trick just doing right calculations on ROI. Lower the cost the higher the profit(this assumes you operate in profit).

jjc326

hero member

Activity: 700

Merit: 500

I found that there was a simple guide on Slush's pool that I first used that kind of walked me through what to do to get started. I eventually switched pools but it was a good start. Seriously, there are so many "guides" out there now (compared even to a year ago), and the hardware is simpler than it used to be, now a lot are plug and play, so you can figure it out.

addroup

member

Activity: 69

Merit: 10

You can mine to gain some experience with wallets and mining software, but if you want some profit forget it

Kprawn

legendary

Activity: 1904

Merit: 1074

Do you want to mine yourself, with your own hardware or mining with "cloud mining" services?

It would help, if you gave more information on the hardware you have now, if you plan on using that or if you going to be buying new hardware.

Some people mine on smart phones these days, so anything is possiible, if you mine the right currency. Wink

So tell us a bit more.

Ps.. What is your electricity cost like?

MilesJohan

sr. member

Activity: 378

Merit: 250

Quote from: soegena on August 06, 2014, 01:28:55 AM

Dear Bitcoin master all,,,

Could you please share to me and other step-by step to start mining??!

Sharing your experience, trick and strategy?

And telling me as a nubie how to success start this investation.

Please and thenk you your kindness....
May God BU

You should start by using your computer or laptop to mine (just for testing and don't use it for real mining). You can download cgminer for it..

ALToids

hero member

Activity: 519

Merit: 500

There are literally hundreds of ways to mine and no one post can cover all of that. To keep it simple:

-Buy Miner
-Plug it into computer/laptop/Pi or configure it through web acess
-Pick some pools to mine on and make accounts
-Mine using CGMiner or BFGMiner
-Spend BTC and be happy!

Here's a more detailed guide for many ASIC models:
https://bitcointalksearch.org/topic/guide-dogies-comprehensive-bitmain-antminer-s3-setup-hd-702653

soegena

newbie

Activity: 2

Merit: 0

Dear Bitcoin master all,,,

Could you please share to me and other step-by step to start mining??!

Sharing your experience, trick and strategy?

And telling me as a nubie how to success start this investation.

Please and thenk you your kindness....
May God BU

Topic: Step-by Step to start Bitcoin Mining (Read 3237 times)