Topic: want to start mining - page 4. (Read 13969 times)
You could use nicehash miner and set your system to mine at idle system time.
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.
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.
I have a plan to buy the mining hardware after halving whether i would get a profit if only have one mining hardware?
Currently, 1TH/s power yields around ~0.002 BTC per day, assuming difficulty is constant. There are others who could give advice. Make your decision wisely.
I have a plan to buy the mining hardware after halving whether i would get a profit if only have one mining hardware?
From what I read online, BTC mining is not profitable any longer and not worth the time. The key expenses is your electricity bills.
In most cases this is really true that mining is not profitable. because mining charges, electricity fee and miners price will cost more money then what you min with it... but it can be profitable if you start with big money and make a mining farm. only with one mining rig is not profitable.A large capital is needed to buy miners, land and the massive electricity bill. I wonder how much capital is needed to run a decent farm.
From what I read online, BTC mining is not profitable any longer and not worth the time. The key expenses is your electricity bills.
In most cases this is really true that mining is not profitable. because mining charges, electricity fee and miners price will cost more money then what you min with it... but it can be profitable if you start with big money and make a mining farm. only with one mining rig is not profitable. 
Unless you live in China and have access to free energy, else it is rather unprofitable, i boldly assume.
yeah, that's right. mining will require a cheap electricity which is hard to come by in most of the countries. but i did a little bit of calculations a while back and found out that there is still hope for mining some of the altcoins if their price is high enough so you can still make a profit from mining them.
Unless you live in China and have access to free energy, else it is rather unprofitable, i boldly assume.
As stated above CPU/GPU Bitcoin mining isn't possible. You must buy ASIC miners to be able to mine. If you want to mine with CPU, you can mine Altcoins, but it is a risk as you will probably lose money. The only thing that could help you is free electricity, but you will probably burn your CPU.
I am new to this forum too, and want to say hi at first, and also I am interested in knowing more about bitcoin mining, I have heard from social media about it, but I have no clue regarding it. I decided to register here as it was suggested in the facebook page , here someone can learn a lot regarding bitcoin.
What is the operational cost of running a farm with 1,000 miners?
Mining is simply hard than users think. Its good to start with limited equipments at the beginning as you can understand and move forward if you think that to be profitable.
If in your nation the electricity cost is low I think that it would be really better to spend some money for a good miner and try to earn something with that.
what is the good miner that let me generate from 10BTC to 20BTC monthly ??
purchase hundred or thousand of ASIC miners to have much power to mine bitcoins. remember that you will need huge money for that and the sad part is if you are paying expensive electricity then you will be in negative profit
From what I read online, BTC mining is not profitable any longer and not worth the time. The key expenses is your electricity bills.
If in your nation the electricity cost is low I think that it would be really better to spend some money for a good miner and try to earn something with that.
what is the good miner that let me generate from 10BTC to 20BTC monthly ??
There is no single miner can generate 10 bitcoin a months. You need a mining farm to make that amount.
I believe utilising online faucet would be more profitable rather than the machine you specified.
Not that online faucet is profitable at all.
You can hardly find any online faucets that are profitable these days. It is nuts how many companies start to play on BTC and then fold. We need some good companies out there that deal with BTC. This will help increase the demand and overall value. Not that online faucet is profitable at all.
If in your nation the electricity cost is low I think that it would be really better to spend some money for a good miner and try to earn something with that.
what is the good miner that let me generate from 10BTC to 20BTC monthly ??
I believe utilising online faucet would be more profitable rather than the machine you specified.
Not that online faucet is profitable at all.
Not that online faucet is profitable at all.
If in your nation the electricity cost is low I think that it would be really better to spend some money for a good miner and try to earn something with that.
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