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Crypto mining Discussion

Guys, i searched a bit but still didn't understand what this bitcoin stuff is...i mean you mine what ? You are getting money for doing what ?

2 Days ago we went to "Vatan Bilgisayar" with boss.(the biggest OEM seller in Ankara)...We were going to buy a new desktop for the office. We were asking for CPUs, Main boards, Graphic Cards....but everything has been sold out. We couldn't find anything....and we were surprised as Vatan Bilgisayar is the biggest store in Ankara, they have huge store and warehouse.

Clerk told us, "Bitcoin guys came a week ago and cleaned the store. One of the bitcoin guy bought hardware equal to $1 Million."

So, we couldn't buy anything. Came to office and researched a bit...but still couldn't understand.

Anyone here can explain ?

one of china's mining farms.
B_2uSjjuYVAAEF8iR.jpg


a homemade rig:
yv1x9zadhaua.jpg

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Buddy if you live in Pakistan i would say mining is not worth it unless you are using solar panels 24x7

Now i will make a tutorial video for mining etherenum and bunch of other currencies tonight will post the link
Better option is you can buy and trade
I live in UK and don't worry electricity is not an issue!
 
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Buddy if you live in Pakistan i would say mining is not worth it unless you are using solar panels 24x7

Now i will make a tutorial video for mining etherenum and bunch of other currencies tonight will post the link
Better option is you can buy and trade
people ARE mining in pakistan. with a 6-gpu rig you save $100-$120 after paying electricity bill..in pakistan.
 
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I live in UK and don't worry electricity is not an issue!
people ARE mining in pakistan. with a 6-gpu rig you save $100-$120 after paying electricity bill..in pakistan.

I mean electricity as how much you charge because for that you have to keep your pc on 24x7
So best option is 2 first calculate your profit ratio


@friendly_troll96 depends on what are you mining if its bitcoin 1 asics is much better than loads of gpus
And for etherenum currencies took last week
20MH rate would have given you close 2 $100now with 30 to 40 you get $80ish so i m for now thinking to switch trading rather than mining or you can ger genesis mining which is cloud mining where you rent mining rigs for your mining while paying
 
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I mean electricity as how much you charge because for that you have to keep your pc on 24x7
So best option is 2 first calculate your profit ratio


@friendly_troll96 depends on what are you mining if its bitcoin 1 asics is much better than loads of gpus
And for etherenum currencies took last week
20MH rate would have given you close 2 $100now with 30 to 40 you get $80ish so i m for now thinking to switch trading rather than mining or you can ger genesis mining which is cloud mining where you rent mining rigs for your mining while paying
Electricity is not an issue, What software is required for mining?
 
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I mean electricity as how much you charge because for that you have to keep your pc on 24x7
So best option is 2 first calculate your profit ratio


@friendly_troll96 depends on what are you mining if its bitcoin 1 asics is much better than loads of gpus
And for etherenum currencies took last week
20MH rate would have given you close 2 $100now with 30 to 40 you get $80ish so i m for now thinking to switch trading rather than mining or you can ger genesis mining which is cloud mining where you rent mining rigs for your mining while paying

The results i shared are from a pakistani group on fb that i'm a member of. 6 gpus mining bitcoins 24x7x30 get you $100-$120 after paying the month's electricity bill.

Since i'm into other things the group is about and not a miner myself, i hardly know half a thing about bitcoin mining.

No idea about ethers.

How could you profit from trading only? I heard only a miner can profit from trading.

Cloud mining is BS.
 
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well i was thinking of x2 gpu's but yea memory is a beech. what GPU are you recommending?
For now rx and gtx are out of stock almost everywhere if you lucky you will get 1050ti 4 gb or really over priced i would say for now invest and buy currency on cheaper rate as almost are down
Than in few weeks you will see a huge dump of rx and gtx on usee market buy than in while you will also see currencies stabilizing 2 where you will make profit
 
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For now rx and gtx are out of stock almost everywhere if you lucky you will get 1050ti 4 gb or really over priced i would say for now invest and buy currency on cheaper rate as almost are down
Than in few weeks you will see a huge dump of rx and gtx on usee market buy than in while you will also see currencies stabilizing 2 where you will make profit

Which is best website to buy and trade cryptocurrency?
 
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For now rx and gtx are out of stock almost everywhere if you lucky you will get 1050ti 4 gb or really over priced i would say for now invest and buy currency on cheaper rate as almost are down
Than in few weeks you will see a huge dump of rx and gtx on usee market buy than in while you will also see currencies stabilizing 2 where you will make profit
found some nVidia at 4gb at very good price! thinking of buying.
 
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