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Mining will get more profitable with rsk.co bitcoin's eth killer.
https://steemit.com/bitcoin/@sames/bitcoin-s-ethereum-killer-rsk-co

Interesting developments going on. What if a platform like IOTA is able to develop a smart contract layer? Or, what if EOS scales better than Ethereum?

Well it depends. Bitcoin has a brand name. IF bitcoin then has mart contracts using bitcoin it has a chance to grow. If bitcoin takes care of its initial fees bitcoin cna restore much of it dominance.

Yeah bitcoin fees really are horrible right now, and Ethereum network slow as well so all I use is Litecoin now to get ALTs. If they somehow get Bitcoin fees down it could return to its own self a rise very dramatically imo.

Rsk.co is a way to use bitcoin with litecoin like fees by using a bitcoin sidechain

https://www.spacemining.io/?ref=30523 new site 100 GH/s for start on mining Bitcoin proof payment 100% im testing from myselfspacemin ing.JPG

https://www.spacemining.io/?ref=30523 new site 100 GH/s for start on mining Bitcoin proof payment 100% im testing from myselfspacemin ing.JPG

bitcoin fees are way to high

Which makes mining bitcoin MORE profitable, since miners get those fees. You can complain or profit from that, by becoming a miner.

mining is very interesting. But i will try . Thanks

Mining can be lucrative, but it still carries inherent risks as with any investment.

This is very interesting, I am definitely looking more into this
Thank You

A lot of people are now getting into online bitcoin mining. So many that some online mining companies no longer sell any mining contracts because they ran out of mining rigs to mine on.

yeah it seems very popular
I've been GPU mining for about 6 months, only 4 card rig but been thinking about expanding but I might go this route

muy bueno amigo..!!

Nice post! I follow you! =)

Thank you so much for this info. Cheers

Any comment like this will be flagged. No spam thanks!!

A very useful article to read specially when someone is thinking of investing in bitcoins.

¡Wonderful post!

All my best wishes for the new year ♥ ☺

With love:

@areare


I would like to try mining. any thoughts or suggestion?

I'm setting up a 3 prong strategy (4 I guess)

  1. Bitcoin Mining on Hashflare(In the works will post results soon)
  2. Etherium Mining locally using GPU's
  3. Buying and holding both Etherium and bitcoin on Coinbase and Coinseed(Found out about this one on steemit a week before it launched)

Works for me pretty much set it and forgot once you get it rooling. Having trouble with the local mining, few compatibality issues should be done this weekend tho

Thanks man. ill try this out

What sort of volume would you get from this sort of setup and at what rate?

I don't have all the numbers yet. Roughly you get double to triple time your investment in each in a year. When I do some more calculations. I'll let you know

I am just getting in to bitcoin and the like and am trying to learn as much as I can. It is all a bit over whelming but I'll get there. Thank you so much for the post. I am considering investing a small amount on a contract as you did.

I recommend checking out "Ivan on tech" on youtube. He explains things in simple yet detail manner. hope this helps.

or... OR... you can just buy a 13.5th/s antminer from Bitmain for $1500-1600 and make your ROI on a few months

Nope. Those now cost around $2500 and you have to wait about two months before they ship them. On top of that they put them on sale about once a month and are sold out within an hour.

And you can start mining online NOW and make just as much as with the antminer without all the hassle.

Oh my, thanx for this piece of info. I am real trying hard tl learn about coin mining and everything seems a bit complex, but am sure il get there with time, thank you.

I'll buy it in the near future bitcoin but I need to win from here a bit :)
Thanks in the meantime

BTC is only one of a few other coins out there. Some say that buying other coins and holding them is the best you can do to make money. I think that a new coin such as XAR (Xarcade) is something to jump on right now. Take a look at my article at: https://steemit.com/xar/@yomaicoin/xarcade-xar-blockchain-for-gamers-and-developers

A DSO is happening soon, and this new platform will benefit the gaming industry for both developer and gamer.

Thank for posting this article. Voting up! Please follow if interested.

я испытываю эту программу)) тоже позже напишу, сколько платят, есть ли обман, и вообще можно в них вложить или нет.

mining is very interesting. But i will try . Thanks

Interesting content on mining. I wanted to do some HW review on mining. Could you look at my post here and give some feedback if it makes sense? Obviously I'm upvoting and would love some encouragement as well :)
https://steemit.com/crypto/@brownguy/mining-crypto-and-challenges-at-hand-a-common-man-s-question-and-some-useful-answers

i dnt belive on minning @jaro.

Are there any coins that are practical to mine that don't require any specific parts or massive upgrades?
I have been considering getting into mining but from the information I have gathered so far, unless you have a good chunk of money to shell out on PC upgrades, it's not possible/ not worth it. Please correct me if I'm wrong. I would love to figure all this out.

If you read the article above, you'd know that you don't need any parts or upgrades if you sign up for online mining. And mining bitcoin is the MOST profitable.

I can't trust cloud mining at all, as they can turn out to be a scam anytime.
And a lot of investment is required, i don't want to take the risk!

a lot of investment is NOT required for online mining. a lot of investment IS required for buying a mining rig.

hi bro I like this page for mining too, but It need tu have 750 dolar in BTC to withreawal, what do u think about page sea-mining? are they serius? they pay? this page has less minimum withrawal

Based on what i have read on other posts bitcoin mining iss not viable anymore. Is there any other means to mine bitcoin prodctively to have higher return on investment.
Thank you for sharing your insights.

You've read wrong. Bitcoin mining is as viable today as it was 5 years ago. If it wasn't people wouldn't be mining!

https://www.spacemining.io/?ref=30523 new site 100 GH/s for start on mining Bitcoin proof payment 100% im testing from myselfspacemin ing.JPG