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How to mine a Bitcoin

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First of all I congratulate you for opening up a complete and beautifully prepared subject. Bitcoin mining is no longer a profitable business for people digging individually like before but Always a gold mine for big investors 

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these stuff is really very hard to learn on your own, i just need someone to sit me down and lecture me verbally bit by bit and teach me how to gain from it.

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i don't really know if you want us to read every you just posted, but its good information just that i expected it to be highlighted for easy understanding

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What I have heard is that undermining not good profits, I do not know what to say, if someone has a better answer to share their experience for one to know more about this world.

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This is the huge and legitimate knowlade of how to mine a bitcoin on the grounds that the vast majority of people groups are dont realize how to mine bitcoin.but now a days mining bitcoin is very tuff and not beneficial that is the reason clients are not keep their brain in mining.all are simply dealing with exchanging and procuring

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If you are new to mining and don't just have a lot of cheap electricity and high-powered computers sitting around, Bitcoin is not the right coin to mine.  It's just too expensive and competetive.  There are a lot of other coins that can be mined, and even software that determines what to mine based on profitability.  Explore other options and tinker, but do not expect that bitcoin mining will be profitable.

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you shared informative information to us thank you so much realy i had not this type of information before but now i took help from your post i learned more in this topic, this topic is helpful for me because i m new user here.

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There are multiple ways of mining bitcoin. You can mine it through bitcoin mining machine which is called ant-miner and it is quit expensive and require a lot of electricity and a cold location as well and you can also mine it through cloud mining

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Bitcoin mine is deficult and necessitate high-priced CPU and other elements. 

Thank for carve up your information bitcoin mine. 

Some countrys group colliery bitcoin everyday make good profit

 

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A very long and complete explanation, I just do not understand all that is explained. what I know to mine is to have mining equipment. So with that we can start mining crypto.

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Thank you for sharing this important information with us.  I think Bitcoin mining is the best dig.  Here we can easily make money and be able to profit very easily.  Which is very good for us  And so I think bit coins are the best excavation.

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After the Bitcoin Halving occurs in May 2020, the price will increase several times. But getting bitcoin will become much more inefficient, because the complexity will increase.

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If you are interested in mining of a bitcoin then you can proceed it with a very simply manner there are various mining sites available which allow a time mining for the Bitcoin but according to my opinion I would not suggest you for mining of Bitcoin because it takes too much of time which will not be beneficial for you in future.

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On 3/2/2020 at 11:22 AM, Md Ashik said:

In fact, I have no idea about this.  Sorry  However I am very curious to know about this topic.  I think I would benefit from knowing this.

in practice you just buy good hardware and than install software you can find good videos on youtube and start mining the coin of your choice. you will use eletricity and mine coins and get profit from transactions and things like that.

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No member can read all of this, i mean try to give the important points that's all, a topic like this, i ma sure he took a lot of time from you, but you had the ability to change it,and by the way we are not so experts to understand all of this, just give us a simple words to show us how to mine, because everyone know that mining is requiring a lot of powerful tools and energy power too

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To many information for mine bitcoin, really people dont need a lot information because the majority dont understand that and want to mine and get ,profit without knowing any thing about it 

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Thanks much for your topic and your time for write this, many investors don't know how to mining bitcoins and they end up losing their money in fake mining sites, but this post will help them.


Time is the ultimate weapon!

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23 minutes ago, CrimBit2020 said:

I do not really understand you but I think you are talking about the increase mining difficulties and reduce mining reward and you sum it to be min in complexity, you are right. 

Yes, you are absolutely right that with Halving bitcoin in the month of May, there will be a halving of awards for each block of miners. Thanks. 

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Thank you for the boring explanation, I did not expect that Bitcoin mining will go through all these complex stages, I think that Bitcoin mining devices are incredibly smart.

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On 4/30/2020 at 1:48 PM, Pubgplayer said:

Bitcoin  mining is easy but costly.if  you mine  bitcoin you have powerfull computers and  mining  accessories for  mine bitcoins.antminer and buttetfly miner best for mine

First is that bitcoin mining is not easy, you need to buy miners, which will take time, you will need to buy what you will be using to cool the miners, you will need to read about it very well, knowing the mining pool that will favor you, do all sort of calculations so that you will not lose nut make profit, miners will become outdated, you will need to buy more miners. Mining is not easy. 

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21 hours ago, nayon89 said:

I think there are a number of cloud mining site where we can mine bitcoin. Even mobile mining sites are also available.

@nayon89 just know that most cloud mining are fake, while all are not profitable but there are good ones like genesis and nicehash but that does not mean that they are really profitable. Like mining sited are not good, complete waste of time and not profitable in any way. If you want to mine, using phone will make mining boring you. 

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21 hours ago, nayon89 said:

Some will ask you for deposit. And some are really fake.

Like two months ago, I saw btconline.io, it is also a cloud mining site but it is a complete fake, that was when I believed what people are saying about cloud mining, they will reward in a way you will be lured to invest and if you do, they will go away with your money. 

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The most important and vital information about bitcoin mining is given above. The users are quite much very excited always about the bitcoin mining. The mining gives good reward to the users. The reward is now at 12.5 btc. But it will be half after this year halving. Cloud minings are much profitable for earning free bitcoins. But if a user spend some money over mining tools then he can earn a good amount of money. 

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Bitcoin mining activities may create an irreversible damage to your computer hardware components so clearly you need a strong adjustments of mining equipment. If you are solo miner, make sure you have arranged sufficient electricity supplies, best performing mining equipment etc. 


 

 

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I had read this article in another platform as well, but I guess the authors name is similar to the other article, so I will pass and not do anything. Still the OP should read the rules. I don't ever post duplicates of my posts on various platforms, because I respect each one I'm using.

 

On 6/2/2020 at 10:05 AM, Treat1234 said:

Honestly your post is awesome i really learnt something new you have fed us with a lot of information about minning but mining is very difficult and expensive.

I am sure you didn't need to quote a twenty pages long article. 

 

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