Bitcoin mining equipments.

[Calvinpriva 17296]

Mining is a good method for help us to earn many crypto currencies. But the only problem which has become popular with this earning method, is scam projects. There are many scam projects for mining sites and that has made mining to lost its value and investors too.

[Brand1 1336]

This equipment is the main thing to start mining currencies, but during the recent period, this equipment has become very expensive and no one can buy it. In addition to this equipment, we need a very large electricity source and it is advised to use renewable energy sources to secure this electricity.

[Honny143 13612]

Bitcoin starting days their is no complications so satoshis and their friends mine so many bitcoin,I think they are now millionaires but you share detailed post to know mining and how change mining day by day, and now this mining equipments are expensive,

[fanalo 28]

 think mining at home is a completely non-optimal solution, because the current hardware costs, as well as electricity prices are very high.

You can use the min coin solution via YoBit.net website, I think this is a min coin website completely free.

[Yomose 3704]

On 7/27/2020 at 8:35 AM, Manomano said:

Mining is truly required with a high tier equiments, but lets stated you're already mining, the primary component first your gonna face is the energy fee, in mining when you have free energy its appropriate because you may surely earn from it, but if do now not, then your mining will just emerge as for paying your power.

Free energy is not possible, but you can calculate your energy cost and use it to calculate the profit to know if it will pay you, also is the weather of the region you are making. And also the mining equipments itself and also cooling machines. 

[Liliz 529]

In order to set up Bitcoin equipment, mining rig is required which is the Graphics Processing Unit (GPR) or the Application-specific integrated circuit (ASIC) because this would make you mine profitably with your computer.

Mining is quite risky and expensive mind you, for those that set up their computer for mining process, the computer degrades as time goes by because of the mining process it's being used for, and you will have to start replacing some of its components with time due to failure,  Mining involves investment in time and money.

[sabiqalrayan 482]

Dear friend I see first time bitcoin mining information but I listen bitcoin mining equipment price is very and expensive. This topic give me knowledge bitcoin mining. My opinion bitcoin mining cannot profitable me because I cannot invest huge amount. Thanks for share good information which is helpful for me.

[tienda 8776]

Yes Dear @sabiqalrayan Now the Bitcoin mining it is not easy and cheap like before. Because before the equipment is cheaper and the types of the mining machine are not required a lot of energy power to be used. But now the mining machine are very expensive, and they have made to consume a lot of energy.

[Thechamp 287]

These kind of instruments need that you have explained in your topic but you have to focus on Gpu to perform better, but its costs is very high and second you need totally beasts graphics cards.

Edited December 28, 2020 by Thechamp

[huesca123 946]

If you dont want to buy mining equipment, you can always buy cloud mining contracts. Im cloud mining with Genesis Mining & Ecos. Ecos is in my signature. They are both reliable & good companies. Ive made Topics in the referral link section of the forum, if you wan to know more about them.

 

You can also check out the below web site to find good mining companies. But always do your home work before investing your money. I was recently scammed by a company called - KS Miner -, they advertise on YouTube. I have also made a Topic in - Miners for Sale - here in the forum about KS Miner.

 

https://www.cryptocompare.com/mining/#/companies

[Ola22 197]

It is useful to know this information, whether it is about the mining tools that you mentioned you are my friend in the main post, and thus the high cost of this process due to the high costs of their tools, in addition to the information about mining through a cloud contract, it is nice to know such information.

[Sunny7391 55]

In past people use cpu for mining but now a days it's become more similar that anyone can mine through their mobile phones but as you said gpu is a good for fast mining and mostly people who are using cpu they must have gpu to run fsst mining. And this thing made the value of gpu as well as add another use of gpu.