It is so simple ,
to mine with profit you need electricity price per kWh below 5 cents !!! US average is around 16 cents per kWh a suppose
UK and rest of the Europe is arround 18 cents per kWh.
In east Russia 5 cents per kWh , some places in China 3 cents per kWh.
Topic: what is the best way to mine BTC? (Read 1677 times)
I would say that the best way is solar mining, but this is something difficult for most users, not only because of the high initial investment, but also because of technical difficulties. Anyway, I think it's just a matter of time before we can see companies able to assist users with this.
Solar mining is only suitable in tropical countries, if the countries that have 4 seasons is certainly difficult. Based on my experience, the weakness for solar mining is high maintenance cost. better use of electricity if the price of a maximum of 10 cents.I disagree with you about the high maintance cost, but even so, it's absolutely not free. So it only make sense if you're thinking big (creating a big mining farm) or small (you're hobbyist, so you can do most of it yourself)
I would say that the best way is solar mining, but this is something difficult for most users, not only because of the high initial investment, but also because of technical difficulties. Anyway, I think it's just a matter of time before we can see companies able to assist users with this.
Solar mining is only suitable in tropical countries, if the countries that have 4 seasons is certainly difficult. Based on my experience, the weakness for solar mining is high maintenance cost. better use of electricity if the price of a maximum of 10 cents. I would say that the best way is solar mining, but this is something difficult for most users, not only because of the high initial investment, but also because of technical difficulties. Anyway, I think it's just a matter of time before we can see companies able to assist users with this.
solar mining? do you have any instructions or any infos about that? thank you for the reply.
I would say that the best way is solar mining, but this is something difficult for most users, not only because of the high initial investment, but also because of technical difficulties. Anyway, I think it's just a matter of time before we can see companies able to assist users with this.
There are no techniques. Bitcoin mining is incredibly expensive to do now because you cannot mine off of your CPU or GPU. You need to invest thousands of dollars into specialized ASIC miners in order to mine any useful amount of Bitcoin. In order to turn a profit, you also need to have very cheap electricity, otherwise you will just be mining at a loss.
how long have you been mining? anyway thank you for your reply.
To mine Btc you will need to invest a large amount of money (and you will only recover it if your electricity cost is very low). Without investing you can earn some satoshis with faucets ( but you will only earn small amount of money).
just wanna ask if there are any possible techniques in gaining satoshis or bitcoins?
Bitcoin mining is getting quite expensive right now.
If you are planning to do a solo mining, I think its
not worth the time and money, you will just earn
a few penny so yields are not good.
If you are planning to have like a mining farm,
you need to be ready to have a lot of money to
invest and time. You need to buy specialized hardware
design to mine bitcoin.
There are a lot of possible ways to earn bitcoin. For starters you may want:
to look at the following threads:
https://bitcointalksearch.org/topic/bitcoin-is-it-worth-spending-time-collecting-it-1748310
https://bitcointalksearch.org/topic/how-are-you-earning-btc-1771691
https://bitcointalksearch.org/topic/100-ways-to-earn-bitcoin-1777912
You can also go here:
Bitcoin Forum > Economy > Marketplace > Service Announcements > Micro Earnings
Bitcoin Forum > Economy > Marketplace > Services
There's a lot who is offering just as simple sign up and you
will be paid in bitcoin.
You can use the search function in our forum to find anything
you are interested. Hope this helps!!!
if you just want some satoshis you can use bitcoin faucets
just wanna ask if there are any possible techniques in gaining satoshis or bitcoins?
there is no techniques to gaining satoshis without doing nothing, but you can do with mining if you think mining can work for you. you need to considering with the difficulties when you want to mining bitcoin even if you are planning to mining with hardware or in the cloud mining with bitmain. without having big hashrate, you only make small satoshi but its good for you if you are fine with that, but if you want to gain more satoshi, you can do the other thing to earn more satoshi.
just wanna ask if there are any possible techniques in gaining satoshis or bitcoins?
If you want to mine btc you have two options . One buying a miner or mine using your laptop or computer but it will cost you high elwctricity bill. Two is you can join on.some cloudmining site if you dont want to your use laptop or computer.Number two also cost high on electricity/maintenance. Most people on this board will tell you cloud mining is not profittable, and although I disagree, it is very hard to get some profit out of it. Buying and holding has given better results.
just wanna ask if there are any possible techniques in gaining satoshis or bitcoins?
Best way actually is not to mine. Best way for you is to mine for fun, with USB miner etc. because you will either way loose money on mining.Whatever you decide, i will accept
, its only my good advice. just wanna ask if there are any possible techniques in gaining satoshis or bitcoins?
If you want to mine btc you have two options . One buying a miner or mine using your laptop or computer but it will cost you high elwctricity bill. Two is you can join on.some cloudmining site if you dont want to your use laptop or computer. 
There are no techniques. Bitcoin mining is incredibly expensive to do now because you cannot mine off of your CPU or GPU. You need to invest thousands of dollars into specialized ASIC miners in order to mine any useful amount of Bitcoin. In order to turn a profit, you also need to have very cheap electricity, otherwise you will just be mining at a loss.
just wanna ask if there are any possible techniques in gaining satoshis or bitcoins?
BitmainDotCom has always been the company that I have had good experiences with buying Bitcoin ASIC Miners 'Antminer' S9 I believe is the top unit at this time. They aways with me shipped on time and were accountable although they took like 24 hours for a response from them once. You basically would be hobby mining as there are warehouses with thousands running all over China plus a few here still I believe. The NetworkHash is high and the difficulty rises around every 2 weeks or 2016 Blocks I believe. Good Luck!!!
just wanna ask if there are any possible techniques in gaining satoshis or bitcoins?
Jump to: