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Bitcoin Mining Forums: Turning Computers Into Cash Since 2011

The official bitcoin mining forum / subreddit / chat room / place to be!
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Litecoin mining!

Since the litecoin community is growing, I've decided to introduce /litecoinmining, a place for all discussion revolving mining litecoins!
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Should I buy a bitcoin or a mining rig? Help.me out please

submitted by tysnels to Bitcoin [link] [comments]

Am I calculating this right???

BitCoin mining seems too good to be true, so I'm pretty sure I'm calculating this wrong or missing a huge step here... if I buy a bitcoin mining rig such as the KnCMiner Jupiter which comes out next month, and this gives me 400,000 Mhash/s, then according to the calculator at http://bitclockers.com/miningcalculator I should be getting over 300 grand a year?????? What am I missing?
submitted by yampers to BitcoinMining [link] [comments]

New Distributed Autonomous Corporations can reward loyal customers with deflationary bitshares

I came up with a new strategy for distributed autonomous corporations and how they can build wealth for the people.
Let's say you wanted to buy a bitcoin mining rig (or a car, or anything). You could buy one from a standard dealer or you could buy one from a new distributed autonomous corporation that offers cryptoshares with every purchase. Consumers can actually hold a stake in the DAC and get what they wanted anyways. BTC like Blocks are replaced with products sold (can also be mined, bought, sold, earned), i.e.
First 1000 products sold yield 1000 cryptoshares 1001-10000 products sold yield 500 10001-100000 products sold yield 250, etc.
Who do you think would rave enthusiastically about the new product they purchased from a company that they now OWN a share in? The DAC will go viral and the customers will promote the product like they made it.
Seeing how it would cost almost nothing in the beginning to award the cryptoshares, it can work. Originally 1000 shares may be worth $0.001 each. Soon they yield dividends and in time grow to $1 to even $100 each. Workers and investors will get lasting royalties and get legendary bitcoin ROIs, but now, even the customer can gain a stake in the company!
DACs are open and distributed, by the people, and for the people!
Please tip me so I can help make this a reality:
Btc: 19ZEhBMWtsntY4Kc8wPAkYfekYgCvJVh4Q
Doge: D9XzmPpHSAcfWn4VdBF93HC6pq4k7df1iT
Protoshare: Pfd7yVHojcWvcLeDCSmKPo77QD3EgZ3r8F
Thanks!
submitted by cloudcoinr to Bitcoin [link] [comments]

Buying a $800 Pre-built Bitcoin Cryptocurrency Mining Rig? Coinmine One Review

Buying a $800 Pre-built Bitcoin Cryptocurrency Mining Rig? Coinmine One Review submitted by VoskCoin to gpumining [link] [comments]

Selling your old mining rigs is actually a great way to earn more bitcoin. Junktion will buy anything in exchange for bitcoin

Selling your old mining rigs is actually a great way to earn more bitcoin. Junktion will buy anything in exchange for bitcoin submitted by patrickman6 to BitcoinMining [link] [comments]

Looking To Buy a Mining Rig With Bitcoin But Newegg and Coincards are unavailable. Any Other Suggestions?

I've been trading for a while and I wanna give shit coin mining (altcoins) a go. Newegg stopped accepting bitpay for us canadians and coincards is currently down. What can i do?
submitted by MMAssyrian to BitcoinCA [link] [comments]

Buying a $800 Pre-built Bitcoin Cryptocurrency Mining Rig? Coinmine One Review

Buying a $800 Pre-built Bitcoin Cryptocurrency Mining Rig? Coinmine One Review submitted by VoskCoin to Coinmine [link] [comments]

Want to invest in Bitcoin? Buy them, not mining rigs! Bitcoin mining has become a gamble.

Mining is becoming profitable only for the hardware manufacturers.
The demand for mining rigs remains frantic, despite that most current ASICs will not ROI once backorders are filled. It is a gamble whether or not your order will be fulfilled first, and even if you do ROI, you are most likely looking at a 10-20% profit over the course of 12 months.
Miners are trying to resell their miners for MORE than they paid for it AFTER mining on the machine for over a month.
Invest in Bitcoin directly. Buy and hold if you are looking for long term profit. Money is being pumped away from the Bitcoin economy and straight into the pockets of hardware manufacturers. This is truly a case where the shovel sellers are ripping off the prospectors.
I am a miner myself and the current state of mining is painful to bear.
Consider getting into Bitcoin in ways other than mining. I am not posting this for any personal gain, but because the community needs to WAKE UP and realize that BFL, Bitfury, Avalon etc are not free easy money. The low hanging fruit has been picked.
I wrote this quickly and this problem seems to be ignored on Reddit in hopes to insight discussion into a topic that I feel is being ignored in this subreddit.
Thanks for reading, StringTheory
submitted by StringTheoryBTC to Bitcoin [link] [comments]

Elaine starts dating a crypto millionaire. Kramer discovers Bitcoin mining and sets out to build a bicycle powered mining rig. Jerry and George try their hand at day trading cryptos and “buying the dips” unsuccessfully. All while Bania keeps asking Jerry to invest his money for him.

submitted by NFKRVA to RedditWritesSeinfeld [link] [comments]

I'd like to sell some BCH I got from the Aug fork to help pay for a new gaming/mining rig. I've only ever used coinbase/gdax to buy bitcoin, so i'm not sure where to sell BCH. Any suggestions? (US based) /r/Bitcoin

I'd like to sell some BCH I got from the Aug fork to help pay for a new gaming/mining rig. I've only ever used coinbase/gdax to buy bitcoin, so i'm not sure where to sell BCH. Any suggestions? (US based) /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

11-14 19:03 - 'I'd like to sell some BCH I got from the Aug fork to help pay for a new gaming/mining rig. I've only ever used coinbase/gdax to buy bitcoin, so i'm not sure where to sell BCH. Any suggestions? (US based)' (self.Bitcoin) by /u/cryptothrewaway removed from /r/Bitcoin within 0-9min

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I'd like to sell some BCH I got from the Aug fork to help pay for a new gaming/mining rig. I've only ever used coinbase/gdax to buy bitcoin, so i'm not sure where to sell BCH. Any suggestions? (US based)
Go1dfish undelete link
unreddit undelete link
Author: cryptothrewaway
submitted by removalbot to removalbot [link] [comments]

I have $10k. Should I set up a mining rig or outright buy coin? /r/Bitcoin

I have $10k. Should I set up a mining rig or outright buy coin? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is this a reputable place to buy a mining rig? Or what's the best place for a Canadian? /r/Bitcoin

Is this a reputable place to buy a mining rig? Or what's the best place for a Canadian? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

If you had access to free power would it make sense to buy a few mining rigs? /r/Bitcoin

If you had access to free power would it make sense to buy a few mining rigs? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is it worth buying a mining rig and getting into bitcoins at this time.

Okay this may sound STUPID!! I've been wanting to get into bitcoins, well I finally have some money to buy a mining rig. Not an expensive on mind you, just one I can add to my network at home. And I have a quiet space to put it. Is it worth getting one, I really don't care if I make my money back, I want to play around and see if I can make some money.
submitted by ItchyIncident to Bitcoin [link] [comments]

I know very little about mining, but I'm interested in perhaps buying a rig for home and pointing it to the new Bitcoin Unlimited pool. Suggestions for getting started, like best rigs, best sites to buy, etc? Thanks in advance. /r/BitcoinMining

I know very little about mining, but I'm interested in perhaps buying a rig for home and pointing it to the new Bitcoin Unlimited pool. Suggestions for getting started, like best rigs, best sites to buy, etc? Thanks in advance. /BitcoinMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is it worth buying a mining rig and getting into bitcoins at this time. /r/Bitcoin

Is it worth buying a mining rig and getting into bitcoins at this time. /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: When someone tells you they are a crypto trader just know they are most likely unemployed or are losing all their savings from it. Also, LOL to all the TriHard's buying Bitcoin mining rigs in 2018 lma /r/Ice_Poseidon

Bitcoin mentioned around Reddit: When someone tells you they are a crypto trader just know they are most likely unemployed or are losing all their savings from it. Also, LOL to all the TriHard's buying Bitcoin mining rigs in 2018 lma /Ice_Poseidon submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is it worth buying these for $5 to set up a mining rig? 18 computers total and this is all the info i have. I'm new to mining. /r/bitcoin_uncensored

Is it worth buying these for $5 to set up a mining rig? 18 computers total and this is all the info i have. I'm new to mining. /bitcoin_uncensored submitted by BitcoinAllBot to BitcoinAll [link] [comments]

ELI5 - how does mining work and is it worth buying a mining rig? /r/Bitcoin

ELI5 - how does mining work and is it worth buying a mining rig? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Buying a Mining rig? /r/EtherMining

Bitcoin mentioned around Reddit: Buying a Mining rig? /EtherMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

$2000 to invest between a mining rig or buying on the market /r/Bitcoin

$2000 to invest between a mining rig or buying on the market /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

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HOW TO BUILD A MINING RIG + BEST GPUs IN 2020 ! - YouTube

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