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Who can be a miner?

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mining runs automatically so anyone can do it as long as there are tools and resources.
These tools and resources require a fee, and for miners not everyone can do it, it also requires skills to run the server, such as PC usage and antiminer settings that definitely need knowledge.
#16 - May 15, 2019, 02:15:41 PM

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These tools and resources require a fee, and for miners not everyone can do it, it also requires skills to run the server, such as PC usage and antiminer settings that definitely need knowledge.
yes it's true, but there's still something called cloud mining where we just sit still waiting for results.
#17 - May 17, 2019, 02:55:09 AM

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yes it's true, but there's still something called cloud mining where we just sit still waiting for results.
cloud mining is not good and 80% of all cloud mining is now a scam, I really don't like cloud mining.
#18 - May 17, 2019, 06:54:12 AM

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Mining does not need to buy expensive tools, we can do cloud mining, but performance and fees will definitely be even greater.
#19 - May 17, 2019, 10:47:53 AM

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Mining does not need to buy expensive tools, we can do cloud mining, but performance and fees will definitely be even greater.
income from cloud mining is now out of balance, the profits are very small while the capital that must be invested is quite large.
#20 - May 17, 2019, 11:09:13 AM

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income from cloud mining is now out of balance, the profits are very small while the capital that must be invested is quite large.
yes it's true, the name is also free, but the risk is small.
#21 - May 17, 2019, 11:11:03 AM

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yes it's true, the name is also free, but the risk is small.
Moreover, the name is free, very risky in the scam category. must be careful in choosing the right cloud mining.
#22 - May 17, 2019, 11:13:40 AM

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Moreover, the name is free, very risky in the scam category. must be careful in choosing the right cloud mining.
in my opinion there is no term scam in fratisan, who wants to cheat money if it's free scam.
#23 - May 17, 2019, 11:16:46 AM

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in my opinion there is no term scam in fratisan, who wants to cheat money if it's free scam.
still we experience a loss of time, miners have long been able to expect WD, it was only a consideration.
#24 - May 17, 2019, 11:20:41 AM

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still we experience a loss of time, miners have long been able to expect WD, it was only a consideration.
That's right, but it's only a second choice if we don't have the capital or resources to do the mining ourselves.
#25 - May 17, 2019, 11:22:16 AM

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That's right, but it's only a second choice if we don't have the capital or resources to do the mining ourselves.
in my opinion it's better to trade, more profitable and we can control ourselves, not based on the results of other people.
#26 - May 17, 2019, 11:24:58 AM

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in my opinion it's better to trade, more profitable and we can control ourselves, not based on the results of other people.
yes right, but back again to us whether we have capital because trading requires capital and trading coin capital is greater than forex trading.
#27 - May 17, 2019, 11:32:58 AM

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yes right, but back again to us whether we have capital because trading requires capital and trading coin capital is greater than forex trading.
Coin trading requires large capital because its leverage is 1 to 1 different from forex trading where leverage can be chosen.
#28 - May 17, 2019, 12:22:47 PM

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In principle, anyone can become a miner. Because decentralized networks do not have the authority to regulate who can become miners, that's why a cryptocurrency requires some kind of mechanism to prevent one particular party from monopolizing mining. Imagine if someone controlled millions of peers and spread fake transactions. The system will be damaged immediately.
So, Satoshi made a rule that miners must invest their computers in order to do mining. And they have to find hashes (products from cryptographic functions) that connect new blocks to existing blocks. This is called Proof-of-Work. In bitcoin the system is based on the SHA256 Hash Algorithm.
all people can become miners as long as they have enough money to buy the tools
#29 - May 17, 2019, 10:11:31 PM

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all people can become miners as long as they have enough money to buy the tools
right, minning tools are very expensive in my opinion so it is difficult for someone who does not have the capital to do manual mining.
#30 - May 18, 2019, 10:55:20 AM

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