Topic: want to start mining - page 2. (Read 13969 times)
So its not profitable to mine as an individual? good to know, one less option to worry about.
If bitcoin developers wanted us to still mine bitcoin using GPU or CPU they would kept option to mine BTC in Bitcoin Core client.
But they removed it in recent version. And for me it is a sign that individual mining of BTC is dead. Focus on altcoins if you have to mine.
But they removed it in recent version. And for me it is a sign that individual mining of BTC is dead. Focus on altcoins if you have to mine.
Today one of my friend hit me with his question that he want to start bitcoin mining but i am a noob too in mining thing so i though it is the right time to ask you guys about it
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
sell your mobile phone, buying 2gb ram again and 1 Rx480
now im running ethereum classic mining with 2x Rx 480 and my earning arround 2etc perday
https://s13.postimg.io/nohz0dt9z/ssaqwrwrw.jpg
How long you expect before you ROI? Maybe 3 months down the road, you should sell your setup to recoup some funds.
It is far really true that Bitcoin mining with the PC is totally scrap idea, you can do better start mining altcoin but same first you should have full knowledge about what is mining and how it works and what and all you have to learn before starting the mining work. Then only you will be mining in a profitable way.
Mining means generating coins. Which can give fiat currency after exchanging them. But Things a re quite hard day by day.
Bitcoin mining with own PC is like wasting time, money and Power of computing power bcz of many factors.
Better way go for other altcoins . But still it will be not profitable.
Mu honest suggestion is to buy any of high configuration mining hardware which can give good amount of coins by mining. Which finally give good ROI.
While mining any of altcoin , must have to understand basic things as algorithm, difficulty level, block height, block reward, time take to solve 1 block etc. all these things matter while mining cryptocurrency.
Bitcoin mining with own PC is like wasting time, money and Power of computing power bcz of many factors.
Better way go for other altcoins . But still it will be not profitable.
Mu honest suggestion is to buy any of high configuration mining hardware which can give good amount of coins by mining. Which finally give good ROI.
While mining any of altcoin , must have to understand basic things as algorithm, difficulty level, block height, block reward, time take to solve 1 block etc. all these things matter while mining cryptocurrency.
I don't think that you should mine now as it is unprofitable
Today one of my friend hit me with his question that he want to start bitcoin mining but i am a noob too in mining thing so i though it is the right time to ask you guys about it
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
sell your mobile phone, buying 2gb ram again and 1 Rx480
now im running ethereum classic mining with 2x Rx 480 and my earning arround 2etc perday
Mining now is impossible some of high end pc are turning into nothing and they get cents of bitcoin and not enough to pay electricity bills or for monthly bill i think it's much more better if you gonna try it on VPS or RDP where you can start building there before you try it on your pc
It will be nor profitable for mining BTC from PC . it waste time and electricity
Must have a professional mining machine such as Antminer or KNC
Must have a professional mining machine such as Antminer or KNC
If you computer CPU support the AES_NI instructions, it is good to mine the Monero. It is quite profitable now.
I think mining new coins , and for hope your coins listed in exchanger with decent prices is good than mine with high diff coins.
Most of the medium end CPU has got the AES-NI. So you can mine the Monero more efficiently than the GPU.
Today one of my friend hit me with his question that he want to start bitcoin mining but i am a noob too in mining thing so i though it is the right time to ask you guys about it
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
his pc has
2gb ram
Intel 2.8 Ghz processor
500 gb HDD
Internet - coming soon 500kbps download speed
and his mobile has(for web mining) :
2gb Ram
Intel 1.6 Ghz
Internet - download speed 4-5 mbps
he asked me 1.what pool should he use? 2.what software he should use and some additional information about this. precautions and guides are welcome too
My honest suggestion is go for minergate. Minergate can give you opportunity to mine various cryptocurrencies with their application.
Mining of Bitcoin is hard bcz level of difficulties as well as blocks height. Also price for mining block for bitcoin is decreased as per prediction.
Better way to go for special mining hardware, because mining with own computer cannot be profitable as per consideration of expensive and ROI.
It will be nor profitable for mining BTC from PC . it waste time and electricity
Must have a professional mining machine such as Antminer or KNC
Must have a professional mining machine such as Antminer or KNC
If you computer CPU support the AES_NI instructions, it is good to mine the Monero. It is quite profitable now.
I think mining new coins , and for hope your coins listed in exchanger with decent prices is good than mine with high diff coins.
It will be nor profitable for mining BTC from PC . it waste time and electricity
Must have a professional mining machine such as Antminer or KNC
Must have a professional mining machine such as Antminer or KNC
If you computer CPU support the AES_NI instructions, it is good to mine the Monero. It is quite profitable now.
It will be nor profitable for mining BTC from PC . it waste time and electricity
Must have a professional mining machine such as Antminer or KNC
Must have a professional mining machine such as Antminer or KNC
Bro I Suggest you that Don't Try Mining Because Now A Days Halving Is over and there is No profit in Bitcoin Mining.
Instead of Mining You Can Try out other Investment Opportunities Online Like Bitcoin Trading....
I also tried Bitcoin Trading and It helps me a Lot to Earn Good Income....
Mining will continue to provide benefit when confirmation being long all senders bitcoin will add cost to get a quick confirmation and the current price is not too low. so i think mining still profitable for try to get money.Instead of Mining You Can Try out other Investment Opportunities Online Like Bitcoin Trading....
I also tried Bitcoin Trading and It helps me a Lot to Earn Good Income....
For the bitcoin, you need to be quite patient when sending some money. It might not be confirmed very soon.
Bro I Suggest you that Don't Try Mining Because Now A Days Halving Is over and there is No profit in Bitcoin Mining.
Instead of Mining You Can Try out other Investment Opportunities Online Like Bitcoin Trading....
I also tried Bitcoin Trading and It helps me a Lot to Earn Good Income....
Mining will continue to provide benefit when confirmation being long all senders bitcoin will add cost to get a quick confirmation and the current price is not too low. so i think mining still profitable for try to get money. Instead of Mining You Can Try out other Investment Opportunities Online Like Bitcoin Trading....
I also tried Bitcoin Trading and It helps me a Lot to Earn Good Income....
its better not to mine as it is not profitable now
If you have cheap electricity price such as below $0.1 /kWh, you can still mine some altcoins such as Ethereum.
I am mining the Ethereum at the moment. My electricity price is 0.2 dollar/kWH. But if the difficulty rise again, it is not profitable.
First of all bitcoin mining is not the way to go with a pc. Altcoin mining is likely to be alot more profitable, the site minergate is a pool which offers mining different cryptocurrencies that can be profitable on an ordinary pc. Dont expect to become a millionaire overnight but it's worth trying if you wish to get into mining cryptocurrency.
its better not to mine as it is not profitable now
If you have cheap electricity price such as below $0.1 /kWh, you can still mine some altcoins such as Ethereum.
its better not to mine as it is not profitable now
I wouldn't really suggest mining anyone that doesn't havea higher/some capital to invest or has a miner himself, otherwise do not try to mine btc or maybe you can find some altcoin on coinwarz
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