How to mine cryptocurrency reddit.
Vertcoin is the easiest crypto to mine.
How to mine cryptocurrency reddit One interesting cryptocurrency that requires little effort to mine and is accessible with low-cost computing power is FoldingCoin (FLDC). Cryptojacking is the unauthorized use of someone else’s computer to mine cryptocurrency. Skip to main content. I present to you RCAX: the Reddit Collectible Avatars eXplorer. 9M subscribers in the CryptoCurrency community. Don't know what to mine? Look no further! Easiest way I've been checking out some smaller mining machines and rigs that don't cost a lot of money, so I've wondered for a while now, is it worth getting into mining or is it best to just buy and resell? Cryptocurrency mining validates transactions and adds new blocks to a proof-of-work (PoW) blockchain network, such as Bitcoin. But since the equations are really complicated, it takes a lot of electricity for the computer to run and the miners get paid a little percentage of whatever they mine. Reputable and Secure Exchange. Majority of crypto YouTubers are just promoting pump & dumps, rugpulls or meme coins. Let's say a block contains 100 of these 50 There are a few different methods when learning how to mine cryptocurrency, including cloud mining, CPU mining, GPU mining, and ASIC mining. 000GH/s, so you're expected to mine a block roughly once every 432 years. Garlicoin started out as a garlic bread reddit meme coin, but after falling to the wayside it has massive upward potential. Like the title says, I will create my own cryptocurrency. The basics of cryptocurrency mining. There are some crypto You have successfully tagged the parent submission by the title of "Everything You Need To Know About CryptoCurrency: For Beginners" with EDUCATIONAL flair. The much wow innovative crypto-currency. When you purchase cryptocurrency [crypto], you have purchased the ownership of a token that exists on the ‘blockchain’. I’m eager to “own” my own cryptocurrency and will take the time, effort, and care in order to achieve this long time dream of mine. Binance mining pool) and the final one is if it is secure to mine on those computers in terms of shortening their life. Thus, is it legal to do How to Mine Cryptocurrency for Noobs (July 2021) Checking GPU and Coin Profitability. You "mine" and receive your coins directly in the asset of your choice. Technically, mining the Bitcoin can be done for free, as the software has no cost associated with it. This sub-reddit is an english language friendly discussion forum focusing on life for living in Bangkok, as well as any other Bangkok related content. Kaspa is a cryptocurrency based on the GHOSTDAG protocol, which is a generalization of the Nakamoto consensus. View community ranking In the Top 5% of largest communities on Reddit. It has a GeForce 840M. Artificial intelligence (AI) has the potential to revolutionize the way we research and invest in crypto projects. When I posted this question, everyone said that it is better to buy BTC than to mine it. Impossible to calculate without knowing what your mining with. If you have a gaming PC you already have a machine reasonably capable of mining. 9 ATH: $4. tldr; It takes around 10 minutes to mine just one Bitcoin, though this is with ideal hardware and software, which isn't always affordable and only a few users can boast the luxury of. nicehash sells your hashrate, so you’re not actually “mining” but everyone on here still recommends it as “mining software”. It's my personal computer so I need it for my self . r/CryptoCurrency • Dear Reddit, I have spent a year working on a tool to help make Reddit Collectible Avatars easily accessible for everyone. -Backup Your Wallet: Backup your wallet and store it in a secure location. No matter which method you choose, you should pick a reliable wallet Imagine that you have a machine that mines crypto coins. Cool with it overall, but feel like I would've just invested the $450 in HNT if I'd known it would take until there is no point (if even possible) to mine Bitcoin with your CPU or GPU. XMR/Raptoreum/Wownero - CPU mining. Cryptojacking definition. Eth is usually the most profitable. Is there a cryptocurrency that uses RAM to mine? Newbie to mining here, I have a laptop with RTX3060, I decided to leave it on at night to mine crypto since electricity is cheap and wanted to see if it can be profitable. Need your guidance. But there's no guarantee - you could be trying for 2000 years and never mine one, or you could mine one on your first day. This thread is archived New comments cannot be posted and votes cannot be cast A few years ago I decided that since I used Reddit a lot, I would turn off my adblockers for Reddit. But what if we mine Bitcoin with our miner? With 3500 kwh to play with and a consumption of 3. There are many different ways of keeping it safe. So this may not be really profitable or may be depending on your take. Here’s what you can do to stop it. You can use a laptop to mine. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. I would recommend GoMining it uses NFT powered mining and is probably about one of the most legit cloud mining services I’ve used I currently get about about $10-$20 per day deposited into my BTC wallet the more you invest the more you make, you can upgrade your NFT by 2 ways you can upgrade your TH, which is the power your miner I've paid 1024€ for this notebook So would need to mine non-stop 24/7 for 379 days. You can actually play some less intensive games as well. You don’t really mine to yourself but hire out your hashrate on their marketplace. Welcome to r/IOTA! -- IOTA is a scalable, decentralized, feeless, modular, open-source distributed ledger protocol that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. We can debate the merits and risks of cryptocurrency and mining, but selling the machines (esp to other countries) is inarguably profitable business. Have you ever asked yourself: if the rented hash rate is worth its money, why does it get lent in the first place? Why does the hash device owner not mine instead of lending it? Renting mining hardware isn't worth it at best and a scam at worst. You will have to decide which GPUs you want to buy as Nvidia cards are better than Radeon cards to mine other coins. I know the cost of electricity may outweigh what I can earn, but I simply want to revisit the experience. 01kwh, we can run our miner for 1162 hours in the year . Hope this helps you a Easiest way to mine is just to use nicehash, look it up. I'm not an insider, so I don't know the current testing status. It is aiming to be the fastest pure proof-of-work coin. 5 years in the crypto space my mentality changed too' I am mining and never stoping my asics even during the bear market It's important to consider the cost of electricity in your area when choosing a cryptocurrency to mine. For that reason, most miners opt for mining pools. check out whattomine. With its ability to analyze vast amounts of data quickly and accurately, AI can help us make more informed decisions and potentially identify profitable opportunities in the rapidly-evolving world of cryptocurrency. However, you can mine other coins and get a pay out in BTC. ETC - GPU mining, you can use a Jasminer to mine. This comment is peak r/CryptoCurrency. don't mine bitcoin with gpus. I have this old hand-me-down laptop that I don't really need and that I've been using to mess around mostly. You can mine it in the background on a gaming rig and still be able to browse and do other tasks on your pc. Garlic Gold is the future, I'm personally putting 30% of my very large, almost whale-like portfolio into GRLC. I had an epiphany in my last class- Use the schools server to mine Crypto! All the students hate the AIO’s that the school bought since they are incredibly slow(I think it has something to do with Profile Allocation but, I’ll get back to that later). Earning block rewards is much harder when you're mining alone. r/Monero • Libertarian I'm sure the community has other recommendations (or might think mine are crap) you decide for yourself. whatever as a business, Do NOT register it as personal. Lets say I would want to mine "cumstar" shitcoun, how would I do it? There are no guides online. I’m doing this for bragging rights more than anything. Certain website mines using your CPU to mine cryptocurrency if you dont use adblocker. Would that be realistic with any cryptocurrency at this point? Thanks in advance for your insight! EDIT: As expected, mining on a Pi is not really profitable, probably never was on any currencies worth mentioning. VTC is a litecoin fork that uses PoW for consensus. Litecoin is developed with a focus on speed, The most amazing place on reddit! A subreddit for sharing, discussing, Just made like 15 $ with months of mining,was only for fun because I already have some solar panel and some pc but if you have to pay energy there's no point in my country (maybe if you live in a country with low energy price) to do that,you'll pay so more the electricity bill that what you get (offcourse in the actual price of monero). I'm trying to mine a cryptocurrency and believe in the future of litecoin. Mine your favorite non-mineable crypto assets! Our automated system takes care of all the exchanging and transferring, to deliver a seamless experience for PoW miners. Here is another good Reddit post with many games listed, and another. It also breaks down how to mine cryptocurrency in 2024, the different ways to get into mining, as well as the pros and cons of doing so. This is the Reddit community-run sub for the Pi Network cryptocurrency project started by the team of Computer scientist Dr. They don’t actually go out and dig for valuable rocks like real miners, but it’s a clever analogy to describe the obtaining of monetary value. I figured I might as well use it to mine some crypto since it's more powerful than my cheap laptop and I can always stop if they catch on and have a problem. co. pros will tell you to run the mining program via command prompt and to join smaller pools to aid decentralization. New comments cannot be posted. Personally I trade basic support and resistance with trendlines and RSI being used as confluence to execute my trades. the whole idea was to let you think how much AISCs do you need to mine 1 bitcoin the profitability chart varies according to the difficulty adjustment increase or decrease there is no specific amount on how much asics do you need to mine bitcoin. The online profitability calculators for this miner put the profit at £1. So I thought of making a how to GUIDE! In this guide, step by step you learn to backup your reddit vault, setup your Metamask, access your reddit NFT, access your moons and hopefully you will get more interesting insights. Profit is therefore a bit lower but not by much. In your case I would mine only if the calculations allow it and you need to get in tune with the cycles of the specific coin you mine. You've taken the 1st step into the vast world of Cryptocurrency! Despite the market crash in the last few weeks, I am HODL-ing and DCA-ing into the dips to average out my positions in crypto. Took 8 months for mine to arrive. I entered cryptocurrency after the huge dip in 2022. ethereum and ravencoin are your most profitable options right now. I love crypto, but let’s be honest with ourselves, producing/running something with cheap, „dirty“ electricity purely for your own profit is exactly what literally every company and every rich **** on this planet does, and I’m sure u complain about that once in a while. However, even if you have the latest CPU and GPU expect earnings like $0. reddit is biased. Eg one rig on mint consists of 7 x 3070 GPUs running 24/4 makes roughly $2 per day on fee power. So my question is, how do I get started on mining? Dude, you're on reddit asking for advice on how to setup a $10m+ operation. Does anyone have any tips on how to begin investing and trading cryptocurrency? I really want to give this a shot but don’t know how to start. In that time, HNT hit its peak, and now is under my initial buy-in price; just days after receiving my miner. but you can get started on hiveon with no fee, fairly straightforward if you just have one computer Another thing, if you're going to mine cryptocurrency using a place only dedicated for this business, you HAVE to register this place, whether it's an office, apt. How to Mine Bitcoin: Beginner's Guide (2021) decrypt. Most people mine eth, but I mine eth classic and raven coin. I've been passively educated about crypto from the sidelines, so I'm not completely clueless on the fundamentals. It is really easy to use and the rewards are instatly sent to the wallet address you provide. 1 Without proper precautions, your cryptocurrency can be vulnerable to theft, hacking, and other security breaches. Anything else that is deemed scammy will be removed. People who already have wealth via other means invest in hardware and electricity to mine the coin. Is Crypto Mining Worth Getting Then either mine Eth with the 580 or do something like folding@home with old pcs. If you have a gaming gpu from 2016 or later it’s worth it. It's possible to mine cryptocurrency on your own, but that's rarely a good approach. Community and development: It's important to choose a cryptocurrency that has a strong community and active development team. 18 an hour if you have free energy. Otherwise, you'd get in trouble. It is extremely important to use a reliable and safe cryptocurrency exchange. After ten years there, I'm not sure if I care if I get fired for it as I'm going to refuse returning to the office whenever that is. Ty in advance Welcome to r/scams. If anyone else wants learn more about using the AutoMod to Gostaríamos de exibir a descriçãoaqui, mas o site que você está não nos permite. The fist question is if it is worth to mine with them and the second one is which software should I use to mine or if I should join a mining pool (p. Which type of crypto to invest in, how to trade, etc Does anybody have any pointers or can direct me to a YouTube that teaches how to best invest in crypto and what will yield the best outcome? People think that Day Traders as myself stare at the charts 24/7 when in reality that’s just not the case. No ICO, no pre-mine, fair launched community-driven project, a Nakamoto philosophy heir. I know that it's impossible to mine btc, eth using a laptop as we are not in 2013, but with all the new projects that are appearing I wonder how can I repurpose an old laptop to mine new coins that needs support to help make transactions, and potentially get some coins in the long run. I recall having to install mining software, sync data with the internet, and then run another software to mine BTC. I'm letting it run a game now from time to time but I might as well mine with it 11 votes, 28 comments. I am a bot, and this action was performed Arguably Reddit's best source for uncensored cryptocurrency news, technicals, education, memes and If anyone could suggest a good alt coin that is profitable to mine at the moment with my current setup I would really appreciate it! Also i’m a bit of a noob in the crypto space and especially in mining, so if you could also explain how to get things set up that would also be very much appreciated, thank you! My idea of profitable is that all of the additional equipment that I would need to purchase would pay itself off within a year. Related Topics Bitcoin Crypto comments sorted by Best Top New Controversial Q&A Add a Comment. Your interest and involvement in this endeavor would mean a great deal to me and the RCA community at large. com to make sure you'll be making profit and how In an attempt to cut down on the amount of basic questions to start mining, here are a few resources to help those that are new. With that being said, I Hi, I'm not an expert as you can see for the title, so please be kind. Many YouTubers claim to make $1,500 a month mining Bitcoin and altcoins. The mining calculators only show the daily basis of the reward on the last block multiple by the block time divided by the hashrate, but actually the hashrate could be down -50% for the last week and still shows you same digits as profit but Criminals are using ransomware-like tactics and poisoned websites to get your employees’ computers to mine cryptocurrencies. 6. This will help ensure the cryptocurrency's long-term viability and potential for growth. Cheap electricity is also preferable. Creator is adamscochran. The funny thing is I have 40GB of ram. Members Online [Help] I I am new to mining cryptocurrencies with nice hash and I was wondering if there was a way for me to mine Ethereum with nice hash. But its a coin, so this means it should be minable? Hi this is a newb question. I'm relatively new, so I buy a lot of BTC and ETH, because I know these two are the big ones which are very likely to be safe investments. This is an educational subreddit focused on scams. It briefly launched on April 8, but was super bugged (people could mine or buy, but not sell the token :0) so it's delayed for some future date. The leading community for cryptocurrency news, discussion, then that probably means there are some mining farms that have been adding this to machines that can mine and run this. Learn how to get started mining your favorite cryptocurrency and how to determine the costs you'll incur to do so. If I’m just looking for 45 cents worth of coin X it could be a round about way of getting it sure it’ll take a week but that’s my problem. Chengdiao Fan. Keeping your cryptocurrency safe is crucial, as losing it can be a devastating experience. More posts you may like. 000. 20 per day. Welcome to r/cloudmining! This forum is to discuss **LEGITIMATE** cryptocurrency cloud mining services. This one is a website where you can earn the CryptoCurrency Nano by completing a few tasks such as watching videos or using faucets. Locked post. Don't put all your eggs in one basket; invest in high quality cryptocurrency projects I will explain each point in the sections that follow. Their aim is to produce a cryptocurrency called Pi and an ecosystem in which to use it. CARDANO_ELI5 We have an 'explain like I'm five' subreddit for newbie questions (how to buy, how staking works, fees etc). Costs are electricity, heat removal/ventilation, and obviously hardware. plus for me as a 3. So I don't have the best computer in the world. Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. GETTING STARTED Start here if you're new to the community. Things to beware of when doing your own research: -never give away information about your crypto wallets or keys to anyone, ever. Cryptocurrency is a currency similar to any other that you have used or heard of. Official Reddit of UnMineable. PROJECT CATALYST Participate! Create, propose and VOTE on projects to be built on Cardano! DAILY THREAD For market/trading, off topic discussions and questions etc. Nicolas Kokkalis and his wife, Dr. Looking ahead to today, I'm interested in mining BTC on my PC just for fun. true. The money for setting up a cryptocurrency mining operation comes from the same place any investment comes from, capital. The Bitcoin network has a total hash rate of about 500. Becoming familiar with the mining process is a key factor when you're Mining options include solo mining for autonomy, pool mining for stable rewards, and cloud mining for accessibility. The risk of damaging for mining some bucks may not worth it. Mining cryptocurrency can be intimidating at first but once you understand how it works it is very easy. I hope that this small little guide will help you get started in investing in Crypto, and hopefully changes your life somehow in near future - like how it changed mine! To give an example, an RTX 4090 seems to have a hash rate of about 22GH/s. ASIC miners are high end expensive equipment. solo mining requires massive amounts of What crypto should I mine (I believe Etherum and bitcoin aren’t great options for a single pc am I wrong?) Please some Reddit genius help me I’m starting to build a real passion on this after a lot of research. Hello all, im f@h with 3 old core duo pc at work but bannano seems pretty low payout, so the question is what is the best and profitable coin to mine? Is bannano best? Is monero maybe? Eth? I'll mine at work so not electricity cost for me. So far I started with a software called minerstat, which mines etherum on ethermine. Casinos. I already have a new phone but I'd like to keep using the Nexus for something so that it will bootloop eventually. I'm new to cryptocurrency and turned to YouTube to learn more. Yea if its a laptop it probably isnt worth your time the heat alone could damage your laptop. Which currency to mine depends on the equipment you have. To start mining crypto, get suitable hardware, select a cryptocurrency, download mining software, and choose a solo or pool mining method. it's a waste of time. If you are looking for a large Thai only speaking community we recommend /r/thaithai Hope you enjoy the sub. But it was a fun experiment and my house didn't got burned. We’ll talk about the specific types of machines later on in the tutorial, but for the example’s sake, let’s just say that it’s your personal computer and you’re trying to figure To start mining crypto, get suitable hardware, select a cryptocurrency, download mining software, and choose a solo or pool mining method. Discover the best mining hardware, software and techniques to maximize your crypto earnings. Vertcoin is the easiest crypto to mine. Current Price: $0. Miners carry out this process. I have a lot of old phones. ex. I live in a country where even a dollar a day could make a big difference Gostaríamos de exibir a descriçãoaqui, mas o site que você está não nos permite. You can use a one-click miner or mine directly to a pool. Hello fellow crypto investors! I'm curious about how do you mine coins, which coins do you mine and how much can you make a day. Thank you for helping out the mod team. There are two ways to mine. Roller Coin- Game where you mine crypto (game, not actual mining) Crypto Kitties- Breed and collect kitten game Brave Frontier Heroes. Several large exchanges have been hacked, gone bankrupt, or rug pulled their users' money in the I've seen more and more separate questions about how to do anything with your Moons or NFTs from Reddit. it depends on how much your electricity costs how fast your hardware is and how efficiently its running and then finally it comes down to luck as you then need to find shares if you mine in a pool or you need to find a block if you are solo mining. Gostaríamos de exibir a descriçãoaqui, mas o site que você está não nos permite. the leading cryptocurrency derived from Bitcoin. Bitcoin has been going up for some time and if it continues I can pay off the cost of renting AWS using the mining profit. r/CryptoCurrency • Reddit to Discontinue Community Points Citing Scalability and Regulatory Today I learnt: That one can mine for cryptocurrency from your smartphone The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. I mainly run linux as it's all that can be run on my computer. But instead of buying them with money I should be able to mine them, or? This way I would pay with my electricity power and do not have to trust my credit card information to sites, which I dont trust. I guess those YouTubers How would you mine it? I have a Nexus 5X, known for boot loops. This type of stuff is logistically challenging and setting up the miners is going to be the least of your problems. These are powerful computer hardware to solve complex mathematical equations and earn cryptocurrency units as compensation. It is our hope to be a wealth of knowledge for people wanting to educate themselves, find support, and discover ways to help a friend or loved one who may be a victim of a scam. The right approach is to only sell enough to pay your electricity bill and hold the remaining until you get a good price. I mainly use it for running virtual machines, But I really love crypto and want to utilize my excessive amount of ram to mine crypto. . Though take in to consideration things like cost of power, if you live in a place with a flat rate energy bill or very cheap, id say it'll be worth getting a small rig together and then leave it These cryptos have underrated advancements that could easily go up by one billion percent over the next year. For example, mine monero and get paid in stellar, or litecoin, or whatever (not Shilling anything specific). Miners play a vital role in validating transactions, maintaining network security, creating new blocks, and The miner controls the last two 50 digit numbers, a transaction that pays them for being the miner of the block, and a custom number they choose. Buy the stuff you want to mine with the money/coins you intend to pay for cloud mining. From hardware wallets to paper wallets or software wallets what are in your opinion the safest ways to store your crypto, and what steps can you take to ensure that your investment remains secure? You would need atleast 1 gpu that is capable of mining the coin you want to mine, Or you would need an asic miner. Go to CryptoCurrency r/CryptoCurrency • by Phillip1219 Bronze View community ranking In the Top 1% of largest communities on Reddit. Miners compete wit Learn how to mine crypto with our comprehensive guide. Gotta mine your own! Alternatively you can P2P from If you receive private messages, be extremely careful. Again, we get it, web browser mining is slow and terrible and a waste of power. Use the report link to report any suspicious private message to Reddit. I don't know where you live and how much you pay for electricity but you might have only few months of mining ETH left, after that you will have to mine other coins. Quite simply put; it’s a value associated with a digital coin, or token. Share But seriously, there's a reason China outlawed mining but still allows the sale of mining equipment. Instead of mining by crunching arbitrary calculations, as with bitcoin, FoldingCoin uses your home computer to run protein fold simulations to help scientists fight diseases such as Alzheimer's and Parkinson's disease. Does mining with a phone actually work? I don't care so much if it's efficient. Here's a simple guide on how to safely store your cryptocurrency: -Choose a Secure Wallet: Choose a hardware wallet for maximum security. At the same time, after hanging around here for a while, I've seen a lot of other coins being talked about in this sub like ADA, MATIC, XRP, ALGO, ATOM, DOT, DOGE, CRO and not to forget How to mine cryptocurrency in 2017??? Just bought a Gtx 960 last month and for the past few weeks ive been hearing about this "Etheruem mining" where you can earn money if you have good hardware. aoadpzxuowxzrokjrgvwrpomlrpdlmqxkrcfstgwdlfmmsewvjjbj