Topic: want to start mining - page 3. (Read 13969 times)
You can try to mine some altcoins if you know how to set up the mining hardware and software. They are quite profitable.
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....
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....
If you have knowledge about the computer hardware and software, you can start mining the Ethereum.
The only prthere right now is to figure out which chain, eth or etc.
I think only one will be profitable.
If you have knowledge about the computer hardware and software, you can start mining the Ethereum.
Mining bitcoins with current conditions is quite impossible to make it profitable. As already halving done and price for mining one block reward decreased to 12.5 BTC. But still if own any hardware which produce tremendous power of hashing can give little profit with bitcoin mining.
Rather I will prefer to go any other altcoin for mining with suitable scrypt base to get some good profit by mining actaully.
Rather I will prefer to go any other altcoin for mining with suitable scrypt base to get some good profit by mining actaully.
It is not very profitable to mine the bitcoin using ASIC unless you have very very cheap electricity prices.
how high should those costs be?
It is not very profitable to mine the bitcoin using ASIC unless you have very very cheap electricity prices.
Everyone starting mining investment should remember about rule number 1,
about mining bitcoin. Every year it gets less and less profitable,so remember you need to count is it worth for you.
about mining bitcoin. Every year it gets less and less profitable,so remember you need to count is it worth for you.
You only use a CPU or GPU to mine. Nothing else matters, well that and the software. Asic are way to advanced now so only big farms really make any money these days. However if you had a mid to high end GPU you could mine a few altcoins and make a small amount and if you lucky they increase in value! All established coins like litecoin, bitcoin, dogecoin etc Already have been minded a lot by asic and farms so stay away from them if you do plan on mining.
CPU mining just is not worth it anymore. There is not a coin that makes it profitable for most people, and even with free electricity CPU coins just are kinda crap and not worth much. GPU is a different story.
It's all kinda surrounding one coin with Ether. But with certain GPU's it is feasable to mine still and profitable for many. It's gained a lot of support really compared to most other altcoins currently. You talk about big farms there are still farms of GPU's out there they are just less common then asics.
Regardless of crypto currency, I believe mining at present times requires a good equipment investment. You must use the most advanced technology to mine cryptocurrency in order to profit well..
If you want to mine, do it seriously and act as if like legitimate big mining companies of gold and minerals. If you are just mining out of curiousity, better not join the pact.
If you have almost free electricity, then you can mine at a small scale. Otherwise, it is not worth it.
You only use a CPU or GPU to mine. Nothing else matters, well that and the software. Asic are way to advanced now so only big farms really make any money these days. However if you had a mid to high end GPU you could mine a few altcoins and make a small amount and if you lucky they increase in value! All established coins like litecoin, bitcoin, dogecoin etc Already have been minded a lot by asic and farms so stay away from them if you do plan on mining.
CPU mining just is not worth it anymore. There is not a coin that makes it profitable for most people, and even with free electricity CPU coins just are kinda crap and not worth much. GPU is a different story.
It's all kinda surrounding one coin with Ether. But with certain GPU's it is feasable to mine still and profitable for many. It's gained a lot of support really compared to most other altcoins currently. You talk about big farms there are still farms of GPU's out there they are just less common then asics.
Regardless of crypto currency, I believe mining at present times requires a good equipment investment. You must use the most advanced technology to mine cryptocurrency in order to profit well..
If you want to mine, do it seriously and act as if like legitimate big mining companies of gold and minerals. If you are just mining out of curiousity, better not join the pact.
Well IMO mining ain't profitable now since bitcoin's halving is near. When the block reward is halved then it would be harder to mine bitcoin and only big farmers can earn decently in mining after that. I suggest that your friend do altcoin trading online than to mine btc he can easily double his money in altcoin trading.
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
You should out a bunch of YouTube videos, and there are mining calculators there. So, you can see if mining will be profitable for you.
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
You should out a bunch of YouTube videos, and there are mining calculators there. So, you can see if mining will be profitable for you.
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
you can use simple tool, minergate, but not sure you can reach ROI, maybe your hardware will be fail before reach ROI.
If he want to buy the PC, there will be no ROI. If he already has the PC, the electricity cost is more than the bitcoin.
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
you can use simple tool, minergate, but not sure you can reach ROI, maybe your hardware will be fail before reach ROI.
You could use nicehash miner and set your system to mine at idle system time.
nicehash has less profit than mining for yourself, etheruem for example or other coin, not to mention, that it does not support each new coin that emerge from that messy place
You could use nicehash miner and set your system to mine at idle system time.
Is the nicehash software safe although it proclaims itself to be safe? I downloaded it from nicehash site, my anti virus raised several red flags.
1 is pease don't dug out old topics jist post if you are intrested on that discussion. and 2ndly always use recommended bitcoin miners. nicehash is not much popular and hence i dnt kniw its safe or not but better i will advice not to try it
You could use nicehash miner and set your system to mine at idle system time.
Is the nicehash software safe although it proclaims itself to be safe? I downloaded it from nicehash site, my anti virus raised several red flags.
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
you can say this for your friend :
" DONT THINKING YOU CAN MINING BITCOIN WITH YOUR F*CKING AWESOME COMPUTER"
If you want to start mining bitcoin you need to save some for it because mining rig are so expensive (for me) and also prepare for incoming expensive electricity bills because mining rigs need to open 24/7 and it also consume high electricity. To start mining i will suggest to consider the cost of your electricity in your country.
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