Mining is no longer an efficient way to earn bitcoins. Unfortunately, I cannot recommend any cloud mining operations to you. It's better to just buy bitcoin and hold until the price goes up.
Mining is efficient if you're able to get excellent hardware at a steal with low electrical fees and possibly low rent. The huge mining operation doesn't affect too much as more miners = more overall profit and not more profit/ASIC unless they are solomining which requires a lot of hashpower. Holding Bitcoin can be a bad idea if you buy it at the peak which no one knows. 
Topic: where do i start bitcoin mining? (Read 1760 times)
i have researched that mining is an very efficient way of earning some btc (bitcoins). where do i start with mining? should i invest in mining in the cloud or mining equpment? which is better?
For me, cloud mining is much better... no need to think about elect. bill, equipment, heating etc.
You can buy hashing power on www.bit-x.com and get mining reward every day.
That being said, if it is legit and you aren't looking for profit, you won't have to maintain it yourself and you don't have to worry about hardware failure. I still don't see any point in doing that since you can't really feel the mining experience.
The only way I know of to make money mining bitcoin would to have a source of free electricity. Making a profit mining these days is just not possible!
Reading all the replies here to get some ideas. And thanks because it is really helpful for a beginner like me.
i have researched that mining is an very efficient way of earning some btc (bitcoins). where do i start with mining? should i invest in mining in the cloud or mining equpment? which is better?
mining is a very efficient way to earn bitcoin but you can no longer mine bitcoin on your own with simply using your pc.and i just want to add to what others said about cloudmining, be careful about where you invest your money because most of them are ponzi scams and you will lose your money.
you can see this topic for some good info:
https://bitcointalksearch.org/topic/m.9697654
additionally cloudmining does not have a good ROI
Personally, I wouldn't start bitcoin mining. It is not very profitable at all. If you are determined to give it a go check out these sites.
Bitcoin Wiki - https://en.bitcoin.it/wiki/Mining
Another resource - https://www.bitcoinmining.com/ (more basic)
Bitcoin Wiki - https://en.bitcoin.it/wiki/Mining
Another resource - https://www.bitcoinmining.com/ (more basic)
i have researched that mining is an very efficient way of earning some btc (bitcoins). where do i start with mining? should i invest in mining in the cloud or mining equpment? which is better?
For me, cloud mining is much better... no need to think about elect. bill, equipment, heating etc.
You can buy hashing power on www.bit-x.com and get mining reward every day.
Cloud mining is good, yes. But be sure to invest on trusted sites like bit-x and not those ponzi cloud mining which only operates to take people's money
yes maybe you can started with cloud mining
plenty of untrusted among cloud mining, i find that only two of them are legit, also in general their maintanance fee is 50% of your income, so roi is very far away, your gain over a standard phisical miners isn't that different, if you have good electricity, 0.1 or below
many are ponzi in disguise, they do not own any hardware
i have researched that mining is an very efficient way of earning some btc (bitcoins). where do i start with mining? should i invest in mining in the cloud or mining equpment? which is better?
Cloudmining is not very profitable.. In fact it's hardly profitable.. Mining at home also.. But if you insist, I would suggest wait for Antminer S6 from Bitmain to mine at home or/and invest in Hashnest if you are up to try cloudmining. All the others are more risky and about the same profitable. Not talking about ponzies (which may seem more profitable, but are going to steal your money in the end..), but legit operations of course
yes maybe you can started with cloud mining
i have researched that mining is an very efficient way of earning some btc (bitcoins). where do i start with mining? should i invest in mining in the cloud or mining equpment? which is better?
For me, cloud mining is much better... no need to think about elect. bill, equipment, heating etc.
You can buy hashing power on www.bit-x.com and get mining reward every day.
i have researched that mining is an very efficient way of earning some btc (bitcoins). where do i start with mining? should i invest in mining in the cloud or mining equpment? which is better?
First of all, you need to check the electricity cost in your country. If it's profitable or not. Bitcoin mining draws an enormous amount of electricity so that's the first thing to check.
i have researched that mining is an very efficient way of earning some btc (bitcoins). where do i start with mining? should i invest in mining in the cloud or mining equpment? which is better?
These days, with the price of BTC, mining is one of the hardest ways to make BTC. You are better off either buying BTC with fiat and waiting for the value to rise, joining a sig campaign, or selling another good or service for BTC. Unless you have free power, it is difficult to make any profit on mining.
i have researched that mining is an very efficient way of earning some btc (bitcoins). where do i start with mining? should i invest in mining in the cloud or mining equpment? which is better?
you can buy miner calculate how many ghs you want to mining bitcoin
ceck at here price and stat https://en.bitcoin.it/wiki/Mining_hardware_comparison
Start mining from some Alt coins. Yes! Because, directly mining bitcoin is might be not profitable. So if you're interested in mining try to mine some alt coins. Reffer minergate.
~Rude Boy
~Rude Boy
can the same btc miners work with alternate coins too?
thank you for the help everybody
Refer this -> www.coinwarz.com/miningprofitability/sha-256 <- might help you
~Rude Boy
In my personal experience, I've started my cloud mining from my very first faucet earnings. However the ROi period is long, so I've cashed out my GHS and stopped my cloud mining that time. However, since I have extra coins from my signature campaign, I've invested in two sites now and I have about 32 GHS of hashing power now.
i have researched that mining is an very efficient way of earning some btc (bitcoins). where do i start with mining? should i invest in mining in the cloud or mining equpment? which is better?
However, mining is now not a efficient way to earn bitcoins, though it was few years ago. In my opinion, cloud mining is better than equipment (if the site is safe and not scam), because you don't need to manage the equipment yourself. 
In early-2014 "cex.io" aka Ghash.io's 10 Gh/s mining speed could help you to get like 0.01 BTC every week or so, basic math- 10 GHs = 0.01 100 = 0.1 1000 = 1 BTC if difficulty doesn't change and stays same.
But, right now with 1 Th/s (1000 Gh/s) you can't even mine 0.1 BTC every week.
So to "earn" some noticeable Bitcoin, you'd need at least 15~ Th/s speed.
But, right now with 1 Th/s (1000 Gh/s) you can't even mine 0.1 BTC every week.
So to "earn" some noticeable Bitcoin, you'd need at least 15~ Th/s speed.
I started with cloud mining, but with hardware i started with usb miner. not much profit but interesting to start
As others have said, mining wont make you very much Bitcoins. I mine for fun and it does generate some small amounts of Bitcoins on the side. Fast miners are very expensive, and I usually dont use cloud mining, so I cannot provide my thoughts on that.
start by getting some millions $ to buy mining stuff.
you'll need it to make it profitable and to reduce hardware costs
you'll need it to make it profitable and to reduce hardware costs
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