Crypto mining is it really true and can be possible?

dichotom

dichotom

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Hello I have heard from many peoples running dozens of servers to mine bitcoin.
Is it really true it can be possible?
I have 4 desktops and they are really cheap over here in India. Electricity is free in Delhi due to kejriwaal.(Delhi chief minister)

Is it really possible to make even 2-3 on 4 desktop per month.
I have no clue over it.
Does it require heavy Internet usage?
Is it really true I only heard stories of it and never know it can be possible on real life
 
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Its possible! But you have to buy some mining rig.
You can choose antminer (bitcoin) or you can go for altcoin ( GTX or RTX 2080 is so profitable )
 
need those BTC device , I don't how how to name it , next GFX card must be good , fast .

and need lots of it. But for me I just mine for fun from browser . Don't expect to mine a lot since is mine from browser
 
In the beginning of the hype i mined for a while and got some succes out of it. Now the hardware requirements for the "known" coins are quite high. I stopped about a year ago, when it went down really fast. Don't forget that there are still quite some big warehouses mining fulltime (although probably a lot also didn't survive the last year). It's hard to compete with that.
 
1. Bitcoin/Crypto mining is real
2. Cloud mining (You said "server") and Desktop/ASIC mining are different way to mine crypto.
3. Don't mine Bitcoin using Desktop, its just waste of electricity and computer resources. Even ASIC miners are not profitable now a days because of difficulty level. Instead try to mine Altcoin.
4. Buy GPU or ASIC if you are really interested. You will disappoint if you mine using CPU.
5. Heavy internet usage is not required.
 
IM-Rafi said:
1. Bitcoin/Crypto mining is real
2. Cloud mining (You said "server") and Desktop/ASIC mining are different way to mine crypto.
3. Don't mine Bitcoin using Desktop, its just waste of electricity and computer resources. Even ASIC miners are not profitable now a days because of difficulty level. Instead try to mine Altcoin.
4. Buy GPU or ASIC if you are really interested. You will disappoint if you mine using CPU.
5. Heavy internet usage is not required.
Click to expand...
This right here is correct, you wont get anywhere with desktop mining and if you go full ASIC or GPU's for other crypto such as ETH and those will eat through your free electricity allowance in a heartbeat.
Honestly this wont work as you planned it out.
You would need quite an investment to make it a profitable business and nothing you could run from home if you dont want to turn your place into a sauna.
 
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