Author

Topic: What Is Mining & How To Mine...? (Read 988 times)

legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
November 06, 2014, 03:54:40 AM
#6
read those site and see if you can understand what bitcoin mining is and how it works
https://en.bitcoin.it/wiki/Mining
http://www.bitcoinmining.com
http://startbitcoin.com
full member
Activity: 333
Merit: 100
November 05, 2014, 05:45:02 PM
#5
There was a evolution in mining hardware over that last few years in bitcoin mining.  CPU>GPU>ASIC hardware.  It's too late to mine Bitcoin directly which uses the SHA256 algorithm without a significant amount on money invested in Asic hardware.  The difficulty rate is too high for CPU and GPU mining rigs to compete with Bitcoin Asics.  Your best bet is to purchase Bitcoin from circle or coinbase exchanges or mine an Alt coin which is any coin that is not bitcoin.  The are several Alt coins that use different algorithms like scrypt, X11, x13 scrypt-n, cryptonight, etc...  You can still use GPUs to mine those but even those coins are dropping in value so trading them on the exchanges for Bitcoin is tough.  I use to make descent money mining coins but now I'm almost paying more for my power to run my rigs than I can make mining different Alt coins.
legendary
Activity: 1400
Merit: 1050
November 05, 2014, 05:14:01 PM
#4
you are too late... so there is no point anymore answering...  Grin
come back... last year
I Can not understand.
exactly...
newbie
Activity: 15
Merit: 0
November 05, 2014, 04:50:22 PM
#3
you are too late... so there is no point anymore answering...  Grin
come back... last year
I Can not understand.
legendary
Activity: 1400
Merit: 1050
November 05, 2014, 04:45:29 PM
#2
you are too late... so there is no point anymore answering...  Grin
come back... last year
newbie
Activity: 15
Merit: 0
November 05, 2014, 04:30:18 PM
#1
Dear Everyone,

I am new here and also in BTC world. I am learning information about BTC. But I am searching some way to earn BTC. I am working some rolling game to earn BTC. But that amount is so little.

I found that there is something about mining. I search on google, but i got some information that is not suitable for me. So I am here.

Is there any complete way to learn about mining?

Hope you guys will help me?

Thanks
Jump to: