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how to mine btc

Discussion in 'CryptoCurrency' started by exfoxs28, Jan 30, 2014.

  1. exfoxs28

    exfoxs28 Newbie

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    i'm newbie in btc and i don't know how to mine btc
     
  2. BloodyNinja

    BloodyNinja Jr. VIP Jr. VIP Premium Member

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    It's too late to mine btc already. Mine doge, so rich much popular
     
  3. crumbzz

    crumbzz Newbie

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    Dont bother mining btc, follow the releases of new coins or coins that are stable in communities eyes like litecoin,hoboknickles,digitalcoin and etc.
     
  4. multicolouredhat

    multicolouredhat Regular Member

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    I cannot post links here as I am new but here's your answer
    (bitcointalk) . (org)
    The main Bitcoin discussion forum, includes subforums for technical support, mining, development and economics.Lots of threads in it to help you.
    :) :)
     
    Last edited: Jan 30, 2014
  5. jinntana

    jinntana Junior Member

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    OP its not worth trying to mine it as you. would require alot of capital to mine even a small amount. like previous posts suggest mine. new coins and wait fot sometime for their values to rise.
     
  6. zebrahat

    zebrahat Elite Member

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    It would be easier labor to simply join a gig site that pays in BTC, like bittask or forbitcoin, and advertise your gig page to get jobs.
     
    • Thanks Thanks x 3
  7. Tyrion Lannister

    Tyrion Lannister BANNED BANNED

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    There are many coins to mine, you want to pick the newer ones before the block reward reaches the halving point.

    You also need the hardware. Do you have 5+ top end graphics card ready? ;)
     
  8. Numbuh362

    Numbuh362 Elite Member

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    you need to either buy a mining rig or set up a mining program on your computer to mine. Not everyone can mine, you'll need a high end graphics card which can cost upwards of $100. You will probably get .0000001 btc a day though.
     
  9. dripdrop

    dripdrop Junior Member

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    Hey newbie, if you don't know something you may want to use 'search' first before anything, and I believe on top of a costly graphics cards will also be high eletricicty charges
     
  10. abaddon86

    abaddon86 Newbie

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    You can mine bitcoins! However you will have a huge start up cost.

    Right now the only way to make money mining bitcoin is to mine using a ASIC. Heck, even then you might just make your ROI back and that's about it. They just cost a lot of money and there are tons of scams going on. Check Ebay to see how high the prices are on good ASICs

    Like others have said look into mining a different coin based on Scrypt. Any of those coins will be ASIC resistant (for the moment) and dont require a huge amount of capital. Also, its a somewhat volatile market, so don't invest what your not willing to lose.
     
  11. Birdz

    Birdz Regular Member

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    I don't know why you would want to start mining bit coins.. Just a bunch of waste of time. Try finding a different method with all the information on the forum, Im sure you can find a better one than mining bit coins.
     
    Last edited: Jan 31, 2014
  12. Aluminium

    Aluminium Jr. VIP Jr. VIP Premium Member

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  13. davidzweber9

    davidzweber9 Junior Member

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    I just started mining on the web & have made 0.00000008 so far. I do have top Nvidia cards, although I'm not sure how to set it up. Any other Crytocurrencies accepted by major/online trusted retailers? Overstock started accepted bitcoin.
     
  14. R3negade

    R3negade Registered Member

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    well first off as you can see from previous replies in this forum, the cost of the hardware is a lot. secondly, i've read a lot of reports about your ENERGY BILL going through the roof due to how much work your computer will be doing just to mine that .0000000001 of a bitcoin.

    is it worth it? that's up to you, seeing as how the bitcoin rain shot up these past few months, it might be worth it but consider all the variables before jumping in. mining bitcoins is not a "no-investment" venture
     
  15. Stoner

    Stoner Junior Member

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    It's not gonna happen unless you wanna drop $10k+ on a super computer. You'll lose money trying.
     
  16. Jeff Bezos

    Jeff Bezos Junior Member

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    Where can I get a super computer for $10k? I'd be buying one right now if that was possible.
     
  17. myinternetempire

    myinternetempire Jr. VIP Jr. VIP Premium Member

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    Normally there are three ways of Bitcoin mining. You can start solo mining or you can join a pool and other one is cloud mining. I suggest you not to involve in BTC mining.
     
  18. gary2

    gary2 Jr. VIP Jr. VIP Premium Member

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    dont get into bitcoins mining now... buy the new trends like dogecoins they have a lot of potential
     
  19. delirious

    delirious Junior Member

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    You could try sites like these and earn bitcoin for doing small tasks, way easier than mining http://bitcoinreward.net/ is highest paying one I know the rest are faucets, you can search google for "bitcoin faucet" but you have to put in alot of time to collect from each one for such a small reward.
     
  20. myinternetempire

    myinternetempire Jr. VIP Jr. VIP Premium Member

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    What kind of task I have to complete on this site? How much I can make from this site?