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If money nor electricity were no issue, how would I begin mining for bitcoin?

Discussion in 'CryptoCurrency' started by tripphxc, Dec 27, 2016.

  1. tripphxc

    tripphxc Junior Member

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    Location:
    Probably Reddit.
    Where one I begin to learn?
     
  2. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Jr. VIP

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  3. oiDoubleD

    oiDoubleD Newbie

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    I like to use hashflare dot io
    It's a cloud mining contract
     
  4. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    There is a fantastic forum for this.. you will also easeily find a website selling mining servers! They are not too expensive if you ask me!
     
  5. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    If money and electricity were no problems you wouldn't need to mine Bitcoins.
     
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  6. MySideHustle

    MySideHustle Junior Member

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    OP has found himself a free electricity supply

    [​IMG]
     
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  7. NicholasVegas

    NicholasVegas Regular Member

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    If money and electricity are not the problem... I would open a freaking factory. There is a lot better things to produce then "virtual bitcoins"
     
  8. aptechfsd

    aptechfsd Registered Member

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    Try Alt coin mining

    I'm doing Altcoin mining from year+
    If you need any help to setup things like hardware and software please let me know
    happy to help

    tnx
     
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  9. hackmebaby

    hackmebaby Newbie

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    You'll want to do some serious research on application-specific integrated circuit chips, or ASCIs.

    Sure, in a time now lost to the ancients, it was possible to mine coins using a GPU. But now that's obsolete. ASCIs were designed exclusively for solving bitcoin blocks. Until quantum computing becomes a reality, it's the best we've got.

    Some models of bitcoin miners include Antminer S5, Antminer U3, ASICMiner BE Tube, ASICMiner BE Prisma, Avalon 2, Avalon 3, etc., etc., and USB miners.

    This hardware can be expensive, with the TerraHash DX Large bitcoin miner costing over 10 grand.

    You can also find ASCIs for less than $300.

    But if money isn't a problem, I suggest going with the biggest and baddest ASCI out there, because bitcoin are just going to keep getting harder and harder to mine.
     
  10. Jason Bradbury

    Jason Bradbury Power Member

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    What alt coins are you mining?
     
  11. Chinatown

    Chinatown Registered Member

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    I was thinking the exact same thing. :D

    I want to be in that position for the rest of my life. Maybe he lives in Thailand.
     
  12. Fus3d

    Fus3d Registered Member

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    You really don't want to mine bitcoin anymore but as suggested above try one of the alt coins.

    https://whattomine.com/
     
  13. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    I was gonna click that link and my dog bit me. My dog can detect online shit before I click on it.

    What's that link?
     
  14. aptechfsd

    aptechfsd Registered Member

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    ethereum, ethereum classic XMR
    but for now i am doing zcash only because its more profitable for me now.
     
  15. ADEMOLA ADEWUMI

    ADEMOLA ADEWUMI Newbie

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    i need your help
     
  16. rgeekman

    rgeekman Newbie

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    I remember seeing that site before, I'll look into it because it definitely seems like bitcoin mining isn't profitable right now.
     
  17. Lordof$

    Lordof$ Junior Member

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    Anyone still mining alts?
     
  18. aptechfsd

    aptechfsd Registered Member

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    Yeah sure
    what kind of help you needed ask here or PM
    Yeah i am
    Are you too?

    Check my one of ethereum Mining Machine
    [​IMG]
     
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    Last edited: Mar 17, 2017
  19. Lordof$

    Lordof$ Junior Member

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    I am out now , but those was my rigs :D IMG_9713 copy.jpg
     
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  20. aptechfsd

    aptechfsd Registered Member

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    nice setup.
    I do made the rigs by my own way, collecting best hardware,frames,assembling all doing by own and selling locally now,have couple of websites related to selling cryptocurrency mining rigs
     
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