Btc minning

OP I think everbody told you already... start to trade and forget the mining. :)
 
Any idea how earn good money from bitcoin??
I have 100$ btc thinking to invest but profit is too low. 60% monthly. In 2 months just gonna get 20$ profit.
man clearfy 1st you want to investment earning or btc mining . there are lots of fake scam site available that showing 100% grantee earning . but max are fraud . so be careful before depositing BTC anywhare or if want to mining btc Read This:-


This is a small Bitcoin mining FAQ, hope it covers all ur questions.


Q. = Where can buy miner?

Ans. = Bitmain.com


Q.= which miner to purchase?

Ans. = Antminer S9 is the most efficient miner in the world available, with the hasing power of 11 to 13 terahash.


Q. = How much does it costs?

Ans. Miner cost is about 2.25 bitcoin. You will also be needing a power supply for it. The total cost of miner, power supply, shipping and customs will be approx 1,32,000 to 1,40,000.


Q. = What will be my income?

Ans. = With the present difficulty on date (27/10/2916) each miner will produce 0.0116 btc daily for two weeks because the mining difficulty increases or decreases every two weeks. (With the increase of difficulty the output will become less then present output.


Q. = What will be the expense?

Ans. = It depends on the electricity cost at ur place. For example- If I have electricity cost of 5 rs per unit the I will be getting a bill of 141rs per day(U can calculate the amount u will get referring to this figure)


Q. = How much internet speed do I need fir mining?

And.= Not any high speed internet is required for mining. You can use a minimum internet of 512kbps for mining, but it should be constant.


Q.= Can I run it 24x7?

Ans.= Yes, these miner are designed to run 24x7.


Note: Please do not invest your money in the mlm and cloud mining companies of crypto currencies who are giving a high return to ur investments. These companies are scams, they are giving a output which technically and practically not possible. Be aware and do also create awareness amongst others.


I think I have answered your all Question

Thank you
 
Ya, buying the equipment yourself is too way expensive. Renting an iCloud based mining service, profitable on the long run.. and they will make sure, your run will not last longer than 1-1.5 year. Nowaday BC are too much expensive, out of their "real" value. (I know "real" is not the best term.. it is just to give an idea) Buy them once they will go back to $1.500,00, then invest in Etherium if the price drops again under $40. At that point.. wait, and sell high.
 
nowadays bitcoin mining is like this


and cloudmining is about trust... good luck
 
If cloud mining were profitable wouldn't the cloud be doing it just for themselves?

Renting Amazon instances for mining doesn't work. So you're buying cloud service from some dedicated mining rig. Why isn't this rig mining for itself? Doesn't make any sense to me.
 
senseles, the cloud mining is just another bubble.
 
everyone into mining scene is doing alt coins. then trading it for bitcoins.
its silly to say mining crypto alltogether is not profitable. i know a guy making 4 btc a day with his mining operation.
 
That train has already come and gone - it's a matter of what ELSE you can mine at this point.

There are plenty of other cryptocurrencies.. and I'm currently trying to learn the ropes of trading myself.
 
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