BTC Mining

[Luciferludz 1442]

On 12/21/2019 at 4:28 PM, Sahil19 said:

I think mining of Bitcoin is totally waist of time because most of the mining websites are fake they didn't pay you at the time of withdraw 

Even the bitcoin mining website are paying they are not profitable and only have the loss, because you mine for long time term but only loss

[AlexGreyCryptoman 73]

It is very complicated and requires the necessary equipment. In general, it is a full-fledged business with a specific character and it requires calculating the profitability and efficiency of financial costs.

[Bitcoinjunky 33]

i think it hard ,to see real paying mining site bcs many mining site are scams

[jacker 1095]

Bitcoin mining will take a lot of your time, it's not easy either, I know it's harder than before, and a lot of mining websites are scams.

[aqua 773]

On 12/21/2019 at 6:51 PM, rjroshan said:

If we can mine bitcoin without buying so many will agree with me. But the problem is electricity power, ofcorse monthly power cost bill too much according to burned points. So what do you think about spending one time payment and buying sola power unit and then we can start to mine bitcoin with sola power without any power bill using only free sun light ...

How much Satoshi can we mine for a day with using free solar power ?

That will depend on how good your hardware. If you can buy a high-end of the hardware, I guess that you can earn many rewards from mining. I guess you want to check how much the reward from https://whattomine.com/coins/1-btc-sha-256

You need to write how much hashrate power that you have so you will see how much the reward that you can earn daily. Besides that, you need to change the electricity cost at that site, and you will see another calculation for another coin too. So after you know how many the reward, you can decide what hardware you should buy so you can earn that rewards.

[Fattkidd 1852]

Lets say you did buy a solar power but to be succesful in mining you need double amount of solar power to earn normally you paying electricity will cause you money but buying solar power means you need to buy double the amount to produce profit.

[ShakilA 373]

BTC mining is one of the best way to earn free money.You can use you desktops for mine bitcoin.Many people use this way to mine bitcoin

[Goody28 259]

On 12/21/2019 at 4:12 PM, sdsonjoy50 said:

Bitcoin Mining requires a lot of investment The problem is that not everyone has the ability to invest much, if investment can be made more then Bitcoin Mining is a lot of income, so I think if you want to do mining then your investment should be much higher then you.be profitable. 

Not everyone can afford to do BTC mining considering climate change sometimes I will be hard and stressful you don't expect to always have sunlight

[Sedy 670]

Bitcoin has become expensive over the decades. So does the mining costs. U need a factory like set-up to mine a generous amount of satoshis. Mining from home with hardware's will give u a mere 800satoshi per month. 

[Lunaa 238]

Yes, it would consume some electricity power but there are people who only use their devices for social medias, playing games. I think it would not be a waste since you are earning money, example you have nothing to do and you are just browsing the net you can do some mining BTC while listening to music. it was worth it ^^

[Usman Abdulmumin 354]

Bitcoin Mining requires a great deal of venture The issue is that not every person can contribute a lot, on the off chance that speculation can be made progressively, at that point Bitcoin Mining is a ton of earnings.

[Ionescu 115]

There isn't an exact answer that I can give to your answer because this depends on a lot of factors. The number of satoshi that you are mining depends on the equipment that you are using 

[Man 741]

3 hours ago, Ionescu said:

There isn't an exact answer that I can give to your answer because this depends on a lot of factors. The number of satoshi that you are mining depends on the equipment that you are using 

You are right for that. If the equipment is not sufficient to mine, of course you do not get the benefit to do that. So mining equipment must be a factor that must be considered.

[Arsm 63]

Mining is not for the normal crypto user. If you want to mine efficiently and safely, you cannot be using your average computer or cloud mining sites. Sure, using a higher-end computer can be profitable, but using it for mining is bad for it long-term especially if you still want to use it for normal activities, and yoi could probably get more mining power at the same cost for a more dedicated mining rig. Cloud mining aint safe either, who knows whats happening behind the scenes and if you will even get paid. Best bet is to buy your own mining rigs, look up on tutorials on how to setup etc, and maintain it well.

[doriahailee 643]

I think it's depends on which ASIC miner that you are use, You can calculate Th/s on your device and then calculate it, Anyway it's little bit expensive if use solar power i think but over time it's will return your investment, You can see example on OGNasty (Bitcointalk) If you have plan to mine with solar power.

[Jimmy 437]

Electricity cost was of course become main problem if you want mining, if your country have high cost for electricity i think you will get small profit and long ROI, Using solar power was good option but it's need expensive setup and more strict maintenance but you can consider it if you have big capital for mining.

[kadayakito 765]

If the mining of bitcoin gives good value, I firmly believe that there is no room for me, or a small chance. the exploitation is not easy, it is attracting too many people to it.

[Soaib khan 1035]

Btc mining is not profitable you need to invest big amount for btc mining and batter to mine other coins like monero and other many options available.

[ropzz 0]

Don’t say mining, it’s barely breathing now for home miners. I have a socket smaller than 5-6 cents. There is almost no income either ...

[ropzz 0]

Frankly speaking, such stories surprise me ... That the processors on the motherboards, that the video processors, have long been protected from overheating by the throttling mechanism.

[ropzz 0]

what is the question, such is the answer. the question was how much was the average. On average, it turned out from one card, or it was necessary to go into details about your schedule and clarify that for about 1.5-2 weeks we leave every month and accordingly turn off everything, including the farm. that is, in fact, they worked for only half a month and, as mentioned above, this was not the main source of income, so they didn’t set goals

[ropzz 0]

For any business, the payback period of invested funds of two years is considered quite acceptable and not long.

[Dimi_00 133]

Solar powered mining rigs are expensive to set up.

You wouldn't get a return in investment for about five years.

[ropzz 0]

The main source of income, mining could be earlier, not now. And the bloggers about whom it is written in the first message additionally earn on YouTube.

[ropzz 0]

Why can’t mining be the main income now for someone who has a farm of 20 asics or 200-300 video cards? With your 4 cards, mining was hardly possible before.