How to mine cryptocurrency (bitcoins)?

Pusya

Member
Joined
Nov 9, 2018
Messages
18
Points
3
Hello!
Me and my friend had an interesting discussion. He told me that my PC is actually quite strong to sustain the mining operation of Bitcoin.
So I got curious how to do so.

Where and how do I start this process (I was also told it's loud)?
Just so you know, I'm absolutely clueless regarding this matter.

P.S
How much can you actually mine daily with one PC?

 

VirtuBox

Global Mod
Staff Member
Joined
May 3, 2016
Messages
1,623
Points
83
Hello!
Me and my friend had an interesting discussion. He told me that my PC is actually quite strong to sustain the mining operation of Bitcoin.
So I got curious how to do so.

Where and how do I start this process (I was also told it's loud)?
Just so you know, I'm absolutely clueless regarding this matter.

P.S
How much can you actually mine daily with one PC?
Hello,
even with the biggest computer available, it will not be enough to mine bitcoins. I do not say you will not be able to mine bitcoins, but only you will not earn a single dollar if you mine with your computer.
Reasons are :
- Bitcoins difficulty is too high (difficulty = amount of shares required to find a block )
- Most part of miners use ASICs (application-specific integrated circuit => dedicated machine build only to mine bitcoins)
- Depending on your hardware, you will pay more for electricity than you will earn

If you are interested in mining, you should take a look on other cryptocurrencies like Monero, Graft or Stellite, which are minable even with CPU.
 

PilyongHusband1990

New member
Joined
Nov 14, 2018
Messages
3
Points
1
I tried mining cryptocurrency before using cryptotab.net and I regret it. The amount of money or satoshi(smallest unit of bitcoin) that I earned was just nothing compared to the cost of electricity and internet that I used during the time I tried mining. it is also quiet risky for computers especially when you maximize every area when mining. It can damaged the hard drives since mining is not really the main job of computers. If you really want to earn money from cryptocurrency, you really need to invest real money to legitimate cryptocurrency websites and be extra careful with that.
 

chobs16

New member
Joined
Nov 14, 2018
Messages
3
Points
1
I use coxnpxt.xx to mine some cryptocurrency like litecoin, dashcoin, dogecoin, bitcoin cash, bitcoin cash, and bitcoin core. It's a website that generates a passive income you just need to log in every day, and it will automatically mine for coins. It takes time but, its the only website I know that is risk-free, and it doesn't require you to invest money. If you can't afford to buy some mining rig, this is the best site for you. If you're interested in mining rig and you want to know how you can build one, you can watch a tutorial on youtube.
 

Demon_skeith

Member
Joined
Feb 27, 2020
Messages
27
Points
1
This is pretty much impossible for the average joe, the parts needed to even make the pc are hard to come by and not cheap and the utilities needed to keep it running is going to kill any cost you make. It does suck no one can just jump on the bandwagon.
 
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