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bobjoemega

Best thing to know before start mining your first Coin

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    Profit from the Internet by selling cryptocurrencies collected or rather mined can be a double-edged sword, but to achieve the highest level of profit and avoid bankruptcy experienced by international companies in this world of mining, you must adhere to these steps:

1- The best and cheapest cards to start in mining and likes to be new.

2 - All parts used must be identical in terms of type and efficiency

3 - Avoid placing the mining cell in a closed and hot place

4 - Using solar energy as an alternative to home electricity, because the electricity bill may destroy all your dreams of Ben become rich.

5 - the right choice of the currency you will be mining, it is better to be available in many digital trading platforms, and have a large popular base.

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Disclaimer:

        The content of this article should not be considered investment advice or encouragement to invest in anything. We invite you to do your own research before investing in any cryptocurrency.

BOBJOEMEGA & KHALID CORPRATION 😎

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I am not into mining because doing in my country is very unprofitable due to the skyrocketing cost of power. However, I know that mining can be an interesting enterprise that I always read many things about it. Had I lived in an area surrounded by ice and with cheap electrify, definitely crypto mining is something I would invest in. 

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I have been researching mining for few months now. But generally all I seem to hear is that it is no longer profitable for the "individual" person due to high costs of equipment and electricity. Do you mine yourself and if so what coin do you mine?

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You should check a few things before start mining your first coin. Like mining hardware’s hashrate execution, the Bitcoin network’s current difficulty, and the electrical costs associated with a mining device. These steps are needed to assess the performance of a custom built or purchased a mining computer.

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I am no longer active in mining and info from you is really useful for my friend who wants to do coin mining

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I think many miners have been resting while their mining rig might even have sold it. Because mining has entered a difficult time at this time. Not to mention POS has increased a lot at this time. But this is good enough to provide input to the public who want to start mining.

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On 10/13/2019 at 2:32 PM, bobjoemega said:

5 - the right choice of the currency you will be mining, it is better to be available in many digital trading platforms, and have a large popular base.

Between bitcoin and Ether which one is good for mining, Also i wanted to ask, are mining tools specific on a particular currency?

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On 10/13/2019 at 10:32 PM, bobjoemega said:

    Profit from the Internet by selling cryptocurrencies collected or rather mined can be a double-edged sword, but to achieve the highest level of profit and avoid bankruptcy experienced by international companies in this world of mining, you must adhere to these steps:

1- The best and cheapest cards to start in mining and likes to be new.

2 - All parts used must be identical in terms of type and efficiency

3 - Avoid placing the mining cell in a closed and hot place

4 - Using solar energy as an alternative to home electricity, because the electricity bill may destroy all your dreams of Ben become rich.

5 - the right choice of the currency you will be mining, it is better to be available in many digital trading platforms, and have a large popular base.

This short article about the things to know before mining is good. Solar power is the alternative to costly electricity bill. But, if it is about using ASICs, it is 8 to10 times more cost than an electricity in one years.

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Very good suggestions to know. As a beginner, I really need to know this kind of thing, with that in the future if we do mining we already know what to do and what not to do.

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