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Topic: which miner is suitable for beginner? (Read 556 times)

legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
October 16, 2017, 08:40:12 PM
#6
I would like to buy miners so guide me which miner is suitable for beginner and gives more profit.

If you have very cheap power  the s-7 is okay.

By very cheap power 3 usa cents a kwatt
newbie
Activity: 1
Merit: 0
October 16, 2017, 03:49:47 PM
#5
Buy and Trade is indeed adviced.

There is also an option for Renting Mining rigs or Hash Power. Although I was a bit sceptic, so far Aurora Mining is by far the most trustworthy site i have found for now. Please do note that there are a lot of scam sites that run of with your money before you can withdraw (although I haven't had that problem with Aurora Mining). https://www.auroramine.com/?ref=197961

Another tip, invest in research when it comes to coins you are going to buy and sell, you want to know if they have a active community, devoted developers etc etc

Good luck!
sr. member
Activity: 728
Merit: 265
October 12, 2017, 06:07:55 PM
#4
you should not mine bitcoin as a newbie to be a miner, unless your power supply is cheap enough (or somewhere near you can get renewable energy). you should use (spare is better) GPU or called graphic card to activate mining, but few of the coins are currently profitable (bitcoin is normally losing); in this point i would recommend merged mining in some of the pool, they are possibly better on profit.
Yes, I agree with lottery248 that it would not ne better if as a newbie you would do mining because you might not know what is the needed equipments and it really costly to mine some bitcoins and right now I think mining some altcoins because it is more profitable if you mine some of it.
If you are looking for profit might be better to buy and sell coins. Ive made more doing that as a beginner.
Definitely, trading is the very basic to learn if you are newbie in the world of crypto because you find a way to learn some concepts that will be helpful to you when you go along the process.
newbie
Activity: 43
Merit: 0
October 12, 2017, 05:41:37 PM
#3
If you are looking for profit might be better to buy and sell coins. Ive made more doing that as a beginner.
legendary
Activity: 1568
Merit: 1005
beware of your keys.
October 12, 2017, 04:17:56 AM
#2
you should not mine bitcoin as a newbie to be a miner, unless your power supply is cheap enough (or somewhere near you can get renewable energy). you should use (spare is better) GPU or called graphic card to activate mining, but few of the coins are currently profitable (bitcoin is normally losing); in this point i would recommend merged mining in some of the pool, they are possibly better on profit.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
October 12, 2017, 03:39:37 AM
#1
I would like to buy miners so guide me which miner is suitable for beginner and gives more profit.
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