Mining requirements

[kadayakito 765]

Thanks for sharing, it's like a suggestion for me and newbies can draw small experiences for themselves. I don't have many steps like you but it's more complicated. I don't think GPU is suitable for bitcoin mining anymore.

[Saiful6592 5]

Mining  is a good idea for online income and extra income.  Because many people are in a mining . all of the members ddo the work  witk payment.            

[scorpiali 5626]

On 2/8/2020 at 2:53 AM, Sweaty said:

CPU should have a very powerful processor to handle mining rates properly ow nowadays, I prefer only the online based mining feature.

The best way to earn from mining is the pool mining or if  you don't want to broke your device just invest in some cloud mining 

[energyl33t 443]

I think mining require more than 1 videocards, some of newbies try with 1 but it's useless i think

[newsdrugin 5]

On 28.02.2020 at 04:14, outjefpha said:

Are you beyond any doubt? I think bitcoin mining with VGA isn't productive since the hashrate is distinctive and VGA is more appropriate for mining ETH or other cryptocurrency that has the same calculation. Perhaps utilizing ASIC Mineworker from bitmain is still profitbale to mine bitcoin.

The bitcoin or any cash mining is required a few things such as; mining fix machine, mining pool and electric control. But not as it were that there's another thing is required which is to be understanding whereas you begin mining cause the benefit is as well moo for long time.

[AmjadBydn 0]

Thank you migo ! I think mining is very good but its very hard now days ! because it will cost at least 1,000 $ at first ! and it need power ! for me I think trading is better 

[Soaib khan 1035]

Thanks for sharing valuable information most of peoples thinking mining very easy and some newbies wasting time in mobile mining apps so don't waste your valuable time in mobile mining apps.

[Rickso 768]

On 10/30/2019 at 9:42 PM, Migo said:

Mining can make you rich if you have powerful computer and graphic card.,in this topic I will tell the Most important things to mine btc. 

1-À free private database also know as your "wallet" is a password-protected which is a storage unit for your earnings and maintains a record of online transactions. 

2-À free mining software packages like one from AMD. 

3-Membership in the online mining pool which is a community of miners who combine their computers to increase profability and stabilize income. 

4-Membership in an online cryptocurrency trading platform, where you can make cryptocurrency exchanges that you have mined. 

5-Create a suitable place for mining, preferably cold and air-conditioned. 

6-Set up a desktop computer specifically designed for mining. 

7-providing the desktop computer with a high efficiency "graphics card" /ATI/Nvidia gpu or more than one card to increase mining capacity. 

This the important things to begin mining, I hope it was helpful. 

you forgot to say the the most important thing, electricity and maintenance fees. you said 7 steps but if that cost is too high all what you said will be useless since your mining earning will be less that what you are spending in electricity fees and in maintenance of your machine

[Ionescu 115]

Especially the desktop computer that should be of a high power because mining does exhaust the processor and over a long time it will get damaged 

[Akhtar SiaL 27]

Mining engineers ensure that underground resources such as minerals, metals, oil and gas are extracted safely and efficiently. Typical job responsibilities include:

• assessing the feasibility and the potential for commercial benefit of new sites
• ascertaining extraction risks
• producing models or plans for possible mining sites
• planning and implementing extraction systems
• using specialist computer applications to maximise planning and production
• monitoring and evaluating underground performance
• managing construction projects
• ensuring that operations comply with health and safety requirements
• making sure that the equipment used is safe
• managing budgets
• training and supervising staff
• liaising with and advising managerial and technical staff
• analysing data
• keeping records
• costing and organising supplies

[cryptoya11 479]

Very good, but i think i heared ' good computer '👀, if you use your computer to mine 1000 satoshi daily + drop your pc in basket for the 1000 satoshi daily, i mean the pc mining usually become bad for your pc so i prefer to don't mine from mainly, because the medium miner price up to 1000$. Very high. And you should wait up to years to start your own profits. Because you will return the miner price.

Edited March 29, 2020 by cryptoya11

[Grease Lightning 169]

9 hours ago, Jonbenkr said:

mining is required several things such as; mining rig machine, mining pool and electric power. But not only that there is another thing is needed which is to be patient while you start mining cause the profit is too low for long tim

Apart from what you mentioned above, miners will also have a strong desire to mine. Without a strong passion, you will only waste time and money used to build your mining equipment. Mining is to support the crypto network, and this is only intended for supporters who don't think about profit.

[magd 5231]

I was just looking for these basics but the problem is in getting miners to do the job effectively Is Asik could be the best Thank you very much my friend for this post I really needed it

[metote 6]

Manufacturer: Bitmain Hashrate: 62 TH/s Power consumption: 2790W.

[akida142 11]

You will need need a lot of funds in mining. The bitcoin or anyother currency mining is required several things need mining rig machine, mining pool and electric power. However, since profitability is very low when you start mining, there is only one more thing you need to be patient about.

[Grease Lightning 169]

On 3/4/2020 at 6:30 AM, cryptoya11 said:

Very good, but i think i heared ' good computer '👀, if you use your computerto mine 1000 satoshi daily + drop your pc in basketball for 1000 satoshi daily, i mean the pc mining usually become bad for your pc so i prefer to don't mine from mainly, because the medium miner price up to 1000$. Very high. And you should wait up to years to start your own profits. Because you will return the miner price.

I do not understand what you want to say. But if you mine 1000 Satoshi a day with a CPU, that's fine. There will be no bad effect on your PC if you provide extra cooling or speed up your CPU fan.

[abualez 4106]

Thank you my friend, it is very useful information on mining. Many countries of the third world they do not knowof this information. It is your experience for many years. really deserve for all your wonderful publications all the follow-up ,from us is sincere thanks.

[Calvinpriva 17296]

Good topic bro, mining is good but it needs a lot of money to start. Apart from buying all those mining tools you will need a capital to buy mining package. But its very profitable if you can afford all those tools with a start up capital.

[bachnhuc8273 231]

On 3/29/2020 at 10:43 PM, joy025 said:

My advice for you is to buy the most expensive GPU, with at least 8gb, that you can afford. Remember that there are big player in Mining and GPU card are never enough! 

tks for knowledge, for telling this it is goodness knowledge for beginners most of the people enter in this they don't know that whre to get started what are the requiremnts etc that's hard science for them

 

[tienda 8776]

I think now is not like before where the requirements to mine like the machine are cheap, no you need a lot of money to mine or if you use a such website to mine like Nicehash using your GPU so you need a potential computer.

[bliznec 22267]

Plus, this is the presence of a free outlet, which very effectively affects mining or a decrease in the percentage of electricity for mining bitcoin. 

[Soaib khan 1035]

On 11/11/2019 at 12:18 PM, giash crypto said:

today graphic cards and cpu minings are turning to nagative profit value. always use asic machines for regular profit.

thanks for sharing your valuable feedback on this topic I really have no idea about it but as I read your comment I think this will help me in future whenever there will be question regarding mining 

[iloveyobit 6599]

Mining will make you rich, but that is in the past, because unfortunately, mining profits at the present time are no longer large or cover the costs of equipment.

[BitcryptoHan 2557]

27 minutes ago, Depth Jonny said:

A variety of items like mining machines, mining pools, and electrical power are required for bitcoin or other currency mining industry. Yet it is not just important to be careful before beginning mining, as there is a long period where earnings are too small.

Also, there are many cryptocurrencies that are not profitable to mine at all, why someone like bitcoin, the profit can be too small at times when price fall greatly but the process will still increase. 

[Magnom 0]

Mining nowdays is good for companies only in my opinion! And it's just a waste of time for people.. Also you should mention in your post the huge need of electricity! That's the most important thing in mining.. And it's price is different between areas.