If you want to learn / play with altcoins go ahead (and you can find altcoins to do so easily in the altcoin section). But do NOT build a system to do so.
If you want to get involved in BTC you can buy it on one of the many exchanges out there.
OR
You can grab a stickminer or two in order to mess with things and earn some dust (that will eventually accumulate if you just let it run for ages and ignore it).
https://bitcointalksearch.org/topic/stickminers-overview-of-low-power-usb-stick-type-mining-hardware-464496
Here's a list of many available. It'll give you reason to learn about BTC, wallets, pools, securing the network, etc.
Topic: want to start mining - page 9. (Read 13969 times)
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
I don't think so this only enough to start mining Bitcoin mining is as more miners join, the rate of block creation will go up. As the rate of block generation goes up, the difficulty rises to compensate which will push the rate of block creation back down. Any blocks released by malicious miners that do not meet the required difficulty target will simply be rejected by everyone on the network and thus will be worthless. best you can go amazon to purchase the bitcoin mining machine:)
when large companies are mining bitcoins then why is the transacrions are still so slow do something other are also effecting the transactions?
I checked the date of this post before deciding to reply. To be honest, it is not worth mining with a computer anymore. So, let's ignore the possibility of mining with phone. Nowadays, large companies is mining Bitcoin in a large farm with hundreds of mining hardware. It costs a lot of electricity to mine Bitcoin. In other to sucess, one need to be faster than the competitors. With a 2.8 GHz processor and 500 kbps internet connection, you cannot get anywhere near 1 BTC profit. Check Amazon.com for some cheap mining hardware and learn how to use them.
If your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
can you suggest some altcoins that my friend should go for atleast for his satisfaction and btw which mining pool is best for bitcoin and altcoinsIf your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
there is only magi that is minable with a cpu and monero, but monero diff is high now, so there are not a good profit to be made, you will waste your time with that setup
you need at least one 750ti to mine something in the altcoin world
Uh, there are many CPU-only coins. But the cost of energy usage on CPUs is huge. In my situation, for example, my CPU running at full is 230w, compared to my video card at like 180.
those many are not profitable, actually there is zero profitable coin to mine with cpu right now, you can try better your luck with some gpu coin
CPU and GPU day's are over. Even if you make money it would never pay off PC or processor or GPU. Those day's are just over they really are. Some coins like burst will brag trying to get new people to try harddrive mining... and it's a few dollars a month for most.
OP you will not like it but it's true give it up on GPU/CPU. Buy a asic if you want to mine you can do a stick miner if wanting to learn. Or big miner if low electricity.
cpu or gpu mining are not earn anything. if you earn from mining you must buy miner.
when large companies are mining bitcoins then why is the transacrions are still so slow do something other are also effecting the transactions?
I checked the date of this post before deciding to reply. To be honest, it is not worth mining with a computer anymore. So, let's ignore the possibility of mining with phone. Nowadays, large companies is mining Bitcoin in a large farm with hundreds of mining hardware. It costs a lot of electricity to mine Bitcoin. In other to sucess, one need to be faster than the competitors. With a 2.8 GHz processor and 500 kbps internet connection, you cannot get anywhere near 1 BTC profit. Check Amazon.com for some cheap mining hardware and learn how to use them.
If your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
can you suggest some altcoins that my friend should go for atleast for his satisfaction and btw which mining pool is best for bitcoin and altcoinsIf your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
there is only magi that is minable with a cpu and monero, but monero diff is high now, so there are not a good profit to be made, you will waste your time with that setup
you need at least one 750ti to mine something in the altcoin world
Uh, there are many CPU-only coins. But the cost of energy usage on CPUs is huge. In my situation, for example, my CPU running at full is 230w, compared to my video card at like 180.
those many are not profitable, actually there is zero profitable coin to mine with cpu right now, you can try better your luck with some gpu coin
lol 
Made my Day
- Its really not possible to mine with your Computer BTC anymore
This time is over 
.
You should try an only gpu/cpu altcoin out of the Altcoins Section
I think there you could be luckier in after exchanging your crypto.
regards
BTC LOVER
Made my Day- Its really not possible to mine with your Computer BTC anymore
This time is over .You should try an only gpu/cpu altcoin out of the Altcoins Section
I think there you could be luckier in after exchanging your crypto.regards
BTC LOVER
i highly recommend you not to mine bitcoins right now as it is unprofitable
Agree, mining now is professional business, very hard, highly competetive
If you have cheap electric go for it.
Mining is not profitable right now but if your friends want to mine bitcoin or to learn how to mine. Try the usb asic miner.
and learn how to mine with usb asic miner...
and learn how to mine with usb asic miner...
is graphic card mining is profitable now days on a normal computer will it mine anything or any altcoins?
when large companies are mining bitcoins then why is the transacrions are still so slow do something other are also effecting the transactions?
I checked the date of this post before deciding to reply. To be honest, it is not worth mining with a computer anymore. So, let's ignore the possibility of mining with phone. Nowadays, large companies is mining Bitcoin in a large farm with hundreds of mining hardware. It costs a lot of electricity to mine Bitcoin. In other to sucess, one need to be faster than the competitors. With a 2.8 GHz processor and 500 kbps internet connection, you cannot get anywhere near 1 BTC profit. Check Amazon.com for some cheap mining hardware and learn how to use them.
If your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
can you suggest some altcoins that my friend should go for atleast for his satisfaction and btw which mining pool is best for bitcoin and altcoinsIf your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
there is only magi that is minable with a cpu and monero, but monero diff is high now, so there are not a good profit to be made, you will waste your time with that setup
you need at least one 750ti to mine something in the altcoin world
Uh, there are many CPU-only coins. But the cost of energy usage on CPUs is huge. In my situation, for example, my CPU running at full is 230w, compared to my video card at like 180.
when large companies are mining bitcoins then why is the transacrions are still so slow do something other are also effecting the transactions?
I checked the date of this post before deciding to reply. To be honest, it is not worth mining with a computer anymore. So, let's ignore the possibility of mining with phone. Nowadays, large companies is mining Bitcoin in a large farm with hundreds of mining hardware. It costs a lot of electricity to mine Bitcoin. In other to sucess, one need to be faster than the competitors. With a 2.8 GHz processor and 500 kbps internet connection, you cannot get anywhere near 1 BTC profit. Check Amazon.com for some cheap mining hardware and learn how to use them.
If your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
can you suggest some altcoins that my friend should go for atleast for his satisfaction and btw which mining pool is best for bitcoin and altcoinsIf your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
there is only magi that is minable with a cpu and monero, but monero diff is high now, so there are not a good profit to be made, you will waste your time with that setup
you need at least one 750ti to mine something in the altcoin world
when large companies are mining bitcoins then why is the transacrions are still so slow do something other are also effecting the transactions?
I checked the date of this post before deciding to reply. To be honest, it is not worth mining with a computer anymore. So, let's ignore the possibility of mining with phone. Nowadays, large companies is mining Bitcoin in a large farm with hundreds of mining hardware. It costs a lot of electricity to mine Bitcoin. In other to sucess, one need to be faster than the competitors. With a 2.8 GHz processor and 500 kbps internet connection, you cannot get anywhere near 1 BTC profit. Check Amazon.com for some cheap mining hardware and learn how to use them.
If your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
can you suggest some altcoins that my friend should go for atleast for his satisfaction and btw which mining pool is best for bitcoin and altcoinsIf your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
Multipool.us is one of my favorite pools if you really want to take that route. Do it for fun, though, and not profit, or you're losing money.
when large companies are mining bitcoins then why is the transacrions are still so slow do something other are also effecting the transactions?
I checked the date of this post before deciding to reply. To be honest, it is not worth mining with a computer anymore. So, let's ignore the possibility of mining with phone. Nowadays, large companies is mining Bitcoin in a large farm with hundreds of mining hardware. It costs a lot of electricity to mine Bitcoin. In other to sucess, one need to be faster than the competitors. With a 2.8 GHz processor and 500 kbps internet connection, you cannot get anywhere near 1 BTC profit. Check Amazon.com for some cheap mining hardware and learn how to use them.
If your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
can you suggest some altcoins that my friend should go for atleast for his satisfaction and btw which mining pool is best for bitcoin and altcoins If your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
Mining with PC is no longer possible and/or profitable, your friend will end up wasting a lot of time and electricity and in the end the only thing he'll get is a burned motherboard. Mining requires quite a investment and then you have to spend some more money on electricity. Its better to buy bitcoin instead of spending so much money on mining equipment.
Can we mine altcoin with PC ?Do not mine alts at all. If you calculate the profitability, you will realize that you're better off mining BTC and then just trading that for an alt. People talk about how "the alt could go up in value" but you could mine, say 1k of those, or BUY 2k from the BTC. Which one brings more profit?
I checked the date of this post before deciding to reply. To be honest, it is not worth mining with a computer anymore. So, let's ignore the possibility of mining with phone. Nowadays, large companies is mining Bitcoin in a large farm with hundreds of mining hardware. It costs a lot of electricity to mine Bitcoin. In other to sucess, one need to be faster than the competitors. With a 2.8 GHz processor and 500 kbps internet connection, you cannot get anywhere near 1 BTC profit. Check Amazon.com for some cheap mining hardware and learn how to use them.
If your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
If your friend and you really want to mine Bitcoin on this computer, try some new Altcoin that is easy to mine.
Mining with PC is no longer possible and/or profitable, your friend will end up wasting a lot of time and electricity and in the end the only thing he'll get is a burned motherboard. Mining requires quite a investment and then you have to spend some more money on electricity. Its better to buy bitcoin instead of spending so much money on mining equipment.
Can we mine altcoin with PC ?You could but I doubt you'll earn anything worth the time and energy cost.
How can we earn easily and profitable? Can you give some examples?
Mining with PC is no longer possible and/or profitable, your friend will end up wasting a lot of time and electricity and in the end the only thing he'll get is a burned motherboard. Mining requires quite a investment and then you have to spend some more money on electricity. Its better to buy bitcoin instead of spending so much money on mining equipment.
Can we mine altcoin with PC ?Mining with PC is no longer possible and/or profitable, your friend will end up wasting a lot of time and electricity and in the end the only thing he'll get is a burned motherboard. Mining requires quite a investment and then you have to spend some more money on electricity. Its better to buy bitcoin instead of spending so much money on mining equipment.
Can we mine altcoin with PC ?
Mining with PC is no longer possible and/or profitable, your friend will end up wasting a lot of time and electricity and in the end the only thing he'll get is a burned motherboard. Mining requires quite a investment and then you have to spend some more money on electricity. Its better to buy bitcoin instead of spending so much money on mining equipment.
Can we mine altcoin with PC ?You could but I doubt you'll earn anything worth the time and energy cost.
Mining with PC is no longer possible and/or profitable, your friend will end up wasting a lot of time and electricity and in the end the only thing he'll get is a burned motherboard. Mining requires quite a investment and then you have to spend some more money on electricity. Its better to buy bitcoin instead of spending so much money on mining equipment.
Can we mine altcoin with PC ? Jump to: