Best thing to know before start mining your first Coin

[bobjoemega 1088]

    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.

[Elton23 202]

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?

[Aceventura 208]

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.

[yifnt 666]

I am no longer active in mining and info from you is really useful for my friend who wants to do coin mining

[guatazoo 7150]

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?

[Akbor 1042]

This is great information for who want to start new mine with hardware . those who want to do cloud mining they should know that all cloud mining site are not real. so be careful about joining new cloud mining site.

[neurolicious 462]

Great points but I do not understand the 2nd point. What you mean all parts have to be identical? I'm a long time very experienced miner myself and I don't see any truth in that statement unless you mean something I don't understand right now.

[Luciferludz 1442]

On 10/14/2019 at 12:32 AM, 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.

Sure in order to get really profit from mining you are required to use the solar energy or any other source of energy you can make your own more than to use publicly electric

[AlexGreyCryptoman 73]

Thank you for your article, I will also adhere to your opinion and I will try to visit your channel as often as possible to read other articles about mining, I hope you will be interested.

[AlexGreyCryptoman 73]

The main thing is to choose a reliable startup for investment. Due to the expansion of the cryptocurrency market, many scammers have appeared. Therefore, you need to choose a proven project, and most importantly, start investing with small amounts to insure yourself against possible risks (maybe even invest the minimum amount in several projects, thus creating an investment portfolio)

[tienda 8776]

Best thing to know before start mining your first Coin. Okay the best thing to know before is your cost and if you will return your investment and with profits and in how much time you take to return that.

[NordisLofer 77]

Thank you for such information! I think that for many beginner miners these tips will help save money and not get burned out in business.

[jacker 1095]

In my opinion the best thing I know before I start mining is the risk, I want to hear a lot of risks so that I can avoid it and I will do it better.

[saddam24 3]

We are probably the most efficient cloud mining in Europe. It’s most convenient for users all over the world to provide users with the most effective BTC. Trouble-free production capabilities. Affordable. BTC Cloud Mining Company

[Whydoyoucare 1094]

This is a great information mostly to those members who is really into crypto mining, thank you for sharing this knowledge mate i really appreciated this.

[saddam24 3]

Before you start mining bitcoins, it would be nice to understand what bitcoin mining really means. ... it’s important to get bitcoin with the best bitcoin mining equipment designed specifically for this purpose.

[saddam24 3]

Before you start mining bitcoins, it would be nice to understand what bitcoin mining really means. ... it’s important to get bitcoin with the best bitcoin mining equipment designed specifically for this purpose.

[Man 741]

17 hours ago, Albert said:

On 12/6/2019 at 8:41 PM, Man said:

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.

Yes I am agree with your comments because I think most people used trusted and safety mining and most people like good mining site so it is very nice

What's important is the device used. With that income in mining will be very good, for the site must be like cloud mining. Most people there get a loss.

[scorpiali 5626]

17 hours ago, jacker said:

In my opinion the best thing I know before I start mining is the risk, I want to hear a lot of risks so that I can avoid it and I will do it better.

Yes right it's all about to calculate the risk of minign if it's really profitable or not, then you can go ahead with it because it's a risky way to invest in Crypto currency

[Maaz sultan 265]

On 10/14/2019 at 2:32 AM, 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.

These are very useful information and using solar energy as an alternative is the best option to get your profit hier because solar energy is free . But starting an mining platform need a lot of money .

[pkrs 603]

Now a days bitcoin mining hardware are coming with a low price but the maintenance cost like power and other accessories will cost you high. I have earned my first coins through genesis mining.

[Maaz sultan 265]

On 10/14/2019 at 2:32 AM, 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.

I am planing to invest in mining but said use cheap card to start mining why if we use expansive card the mining rig life become double and the 4 point is the best that we use solar energy because the electricity in our country is very expansive.thanks for advising.

[scorpiali 5626]

On 1/9/2020 at 11:46 AM, pkrs said:

Now a days bitcoin mining hardware are coming with a low price but the maintenance cost like power and other accessories will cost you high. I have earned my first coins through genesis mining.

Genisis mining that i have earn my first mining coins, but it's just a cloud mining not a real mining that you make it by your self , bought a machine and mine st home and don't buy any hash rate

[guatazoo 7150]

On 1/17/2020 at 7:36 PM, Manjo said:

Most people agree with your comments and most people like good and secure mining site and most people want to good mining site so  most people like bitcoin and litcoin is very good and most people like good coin

There are no mining sites, there are bly pools you use then to get your mining reward, unless you mean cloud mining which is off topic here.

[Hendy1 370]

Some things new miners should know:

1) your mining pool site. (Official)

2) measure maintenance costs and income to get the appropriate profit.

3) be alert! with sites that offer to get income many times at a low cost.

That will help you to do the mining well.