Forex Zone - Forex Forum

Mining Satoshi using a computer

Discussion started on General Cryptocurrency Discussion

  • Sr. Member
  • Posts: 436
  • Points: 0
  • Likes Received: 53
  • Reputation: +2/-0
Bitcoin mining is being done intensively again, for cloud mining there are many more, now if you want to invest in cloud mining you have to be extra careful, because like before when bitcoin fell they started to scam and run away our investment money.
#61 - February 18, 2021, 12:53:05 AM

  • Hero Member
  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
Bitcoin mining is a good business for now, with a high selling price for btc.
We can mine in many ways, manual mining or cloud mining.
#62 - March 11, 2021, 02:52:15 PM

  • Sr. Member
  • Posts: 266
  • Points: 0
  • Likes Received: 19
  • Reputation: +1/-0
Bitcoin mining is very promising with a large income based on the price of bitcoin, a variety of equipment for direct mining / cloud mining (risk).
For mining tools, we can buy them online which are currently easy to get, it's just that the capital is quite large.
#63 - March 13, 2021, 03:38:58 AM
Attachments:

  • Hero Member
  • Posts: 3601
  • Points: 0
  • Likes Received: 54
  • Reputation: +5/-7
now mining bitcoin is quite difficult because the price is already very expensive and this makes a lot of people who finally want to mine, and use computers to mine, of course, need quite high and good specs, and that is certainly expensive.
#64 - March 20, 2021, 10:39:23 PM

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
Bitcoin mining can be done if the tools used are specific, don't just use inappropriate tools, low specifications when used for bitcoin mining will actually be detrimental because electricity and internet costs are not comparable to mining results.
#65 - March 25, 2021, 10:45:00 AM

  • Sr. Member
  • Posts: 274
  • Points: 0
  • Likes Received: 21
  • Reputation: +0/-0
If it is a personal computer, you should not do mining, because the results will not be comparable.
Even though it looks like it has benefited, the results will still be minus.
We have to assemble a special PC with specs and a mining system that will be used either with a CPU or VGA and determine what cryptocurrency we will mine, if BTC should use VGA.
#66 - March 27, 2021, 05:57:44 PM

  • Sr. Member
  • Posts: 444
  • Points: 0
  • Likes Received: 31
  • Reputation: +2/-0
Cryptocurrency mining requires a lot of capital, but if you look at the very good crypto prices, it is very profitable, it is fast to return on investment and after that we just have to enjoy the results, passive income.
#67 - March 29, 2021, 07:13:02 AM

  • Hero Member
  • Posts: 549
  • Points: 212
  • Likes Received: 10
  • Reputation: +7/-4
now mining bitcoin using a computer will be very difficult, even arguably not worth what is obtained with what must be done or spent
#68 - April 18, 2021, 01:06:35 AM

  • Hero Member
  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
It is difficult to mine satoshi with an inadequate PC, social mining if you want to be profitable, you need a good PC speed so that results can exceed operational costs.
#69 - April 18, 2021, 08:26:06 AM

  • Hero Member
  • Posts: 1309
  • Points: 1095
  • Likes Received: 11
  • Reputation: +0/-7
if you want to trade by using a computer in my opinion, don't be too pother because the computer is basically not its use for mining even though it can indeed be done
#70 - July 01, 2021, 02:54:22 AM

  • Hero Member
  • Posts: 1007
  • Points: 435
  • Likes Received: 8
  • Reputation: +1/-3
This can be done but we must also understand if the computer is actually not to mine, so if we use mine worry there is a component that will be damaged due to heat
#71 - July 11, 2021, 11:42:54 PM

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
Mine Bitcoin by using a computer is certainly needed a very good computer specification, and this certainly needs a very large capital to procure goods
#72 - August 30, 2021, 11:40:12 AM

  • Hero Member
  • Posts: 1309
  • Points: 1095
  • Likes Received: 11
  • Reputation: +0/-7
It feels like this is now very difficult because Bitcoin resources are increasingly running out, and of course the results obtained with the money spent may not be comparable
#73 - February 08, 2022, 11:59:44 PM

  • Starter
  • Posts: 4
  • Points: 504
  • Likes Received: 0
  • Reputation: +0/-0
Using a computer may take a lot of time even when you are just leaving a computer behind. I think its better to play cryptogames than earn the hard way in using a computer.
#74 - February 22, 2022, 05:52:29 AM

  • Hero Member
  • Posts: 2167
  • Points: 2732
  • Likes Received: 3
  • Reputation: +0/-11
Mining Satoshi is a process of verifying transactions on the Bitcoin network using computer processing power, and receiving rewards in the form of newly minted bitcoins. However, due to the high computational requirements and difficulty level of the Bitcoin network, mining using a regular computer is not profitable or efficient. Instead, specialized mining hardware called ASICs are required to compete in the Bitcoin mining market. However, there are other cryptocurrencies that can be mined using a computer, and this can be a way to earn passive income or acquire new coins.
#75 - March 03, 2023, 02:40:11 PM

Members:

0 Members and 1 Guest are viewing this topic.