Bitcoin mining reddit. This number will … I agree that's simpler.
- Bitcoin mining reddit In essence, Reddit serves as a real-time pulse check on the mining world. Been mining for 2 months or so and have accumulated about 0. Reddit. The official bitcoin mining forum / subreddit / chat room / place to be! The bottom line is bitcoin mining is subsidized by fiat loans, companies can absolutely make a profit in fiat terms by taking out loans to buy miners, but by spending bitcoin on miners directly the depreciation of the hardware will make it so you never, ever make a return in bitcoin. Users share their opinions and experiences on whether it is worth it to start mining Bitcoin now, using GPUs or ASICs, or cloud mining platforms. Mining bitcoins might still be profitable, but it takes a massive investment in something relatively unproven. That machine does not mine bitcoin and the bitcoin halving will have no effect on it. 2020 Halving: Resulted in a 620% increase in 11 I have a couple of newbie questions so please bare with me. The official bitcoin mining forum / subreddit / chat room / place to be! Welcome to the official CoinSpot subreddit, feel free to talk about all things crypto and CoinSpot. Chengdiao Fan. As Bitcoin’s block reward Jan 9 2009 to Mid 2010 - CPU mining with Bitcoin QT Mid 2010 till Early 2013 - GPU mining , but starts to become very difficult to compete with FPGAs and ASICs in late 2012 2011-2012 - FPGAs are rarely used but have slight advantages over GPU mining September 17, 2012 Avalon (now known as Canaan) created the first ASIC KHeavyHash is a Kaspa mining algorithm. The Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Big risk, big reward. You’re 10 years late for btc mining with a normal computer. Binance has over 25 million users. The official bitcoin mining forum / subreddit / chat room / place to be! Welcome to /r/Electricians Reddit's International Electrical Worker Community aka The Great Reddit Council of Electricians Talk shop, show off pictures of your work, and ask code related questions. Bitcoin mining has never been for the faint-hearted, but the latest data from CoinShares reveals an industry squeezed by soaring production costs, financial losses, and fierce competition. I've been trying to determine the worthwhile-ness of mining apps. My CPA is telling me the mined bitcoin is subject to income tax as it’s mined, as well as capital gains obviously if I covert to usd. Bitcoin miners and mining are required for new bitcoins to enter into circulation. How can I start Bitcoin Mining I'm thinking of getting into it but know nothing. If bitcoin (or the alt coin you're mining) tanks, you may not even make your money back and you could really lose your shirt. If r/gpumining: The community of GPU mining enthusiasts, both professionals and hobbyists. Profit is Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. On top of that you would want it to mined at 60k not 30k. It helps to first take a look at hashcash, which uses a proof-of-work technique to prove an email is not spam. I think the short answer is that bitcoin mining can be "profitable" at any scale under the right circumstances if you are inputing fiat and holding btc, but if you want to make a real business, you need to scale up to be able to solo mine reliably. Bitcoin mining provides a reward for miners by paying out in Bitcoin in turn the miners confirm transactions on the blockchain. This also provides a way to distribute new bitcoins in a fair manner. SUBSCRIBERS: 811,000. If you're looking to get bitcoin using your phone, I just recently downloaded a few of these "play games win bitcoin" apps and they ended up being legit, it's not much as far as what they give you, and you'll spend more time watching ads rather than playing the games but I've I am trying to get into mining. Arguably Reddit's best source for uncensored cryptocurrency news, technicals, education I already own crypto-currencies, have done some research on stablecoin farming and now I'm interested in cloud mining. Mining is a tough business and most don't survive. The game is an action roguelike game that is well worth the small $4. Appreciate the help! Get the Reddit app Scan this QR code to download the app now. 98K subscribers in the BitcoinMining community. The price of Kaspa will heavily affect it, though. The next halving will reduce rewards from 6. These problems help miners to confirm blocks of transactions held within the network. Thats an agreed rule of bitcoin. Mining is also a critical component of the security of the blockchain ledger. 08 per kWh. ( im not an expert ) but I think when it comes to bitcoin mining, the whole point of having mining is to mine obviously, but also to get an ROI on your investment as quick as possible because mining rigs are stupid expensive. The cloud mining company takes care of the maintenance and users share the revenues generated from the mining operation. 00051817 btc/day or about 0. I've read the reasons why this supposedly is, but ultimately the incentive for bad actors to flood forums like reddit with "no, this one is legit, don't worry" messages is so high that frankly I can't trust anything I read. Parts to get the power set up properly cost an additional $500. Bitcoin mining is the process of creating valid blocks that add transaction records to Bitcoin’s public ledger, which is called a blockchain. Specifically with Bitcoin mining hashes, Grover's algorithm (in a theoretical QC) allows hashing with a square root speed improvement compared to CPU. Learn about the profitability, difficulty, risks and alternatives of BTC mining. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Or check it out in the app stores TOPICS. If your goal is to increase the value, you need to find more people. Either break into a miner node (by running one, you're a target), or set up a website so that visitors compute these things The value of bitcoin is based on the amount of people who buy into it. Top Bitcoin Mining Pools Recommended on Reddit The main aim of this project is to let you learn more about bitcoin mining and be part of the network. Mining to accumulate bitcoin is like walking in zigzags, up and down mountains, through quicksand, blindfolded versus walking in a straight line. 2016 Halving: Saw a 2861% increase over 17 months. Hey everyone, just want to share what I've learned since buying an bitmain s19. Conclusion: Best Subreddits for Crypto Mining. How do taxes work with bitcoin mining? Just wondering if anyone has knowledge about taxes and bitcoin mining in the US. And it will most probably log your activity for a while, before actually starting mining, then mine at hours most unlikely for you to use the computer, and most unlikely to get caught. 99 price tag. That's $1 (10%) profit. . Like I said, I'm still new to mining, so feel free to add. If you bought bitcoin in dollars, you have to sell bitcoin in a domination so there is no trace in the ledger. r/bitcoinminers: Subreddit for Bitcoin Miners to discuss mining, mining machines, mining pools, and any thing else that is specifically related Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Whether it's breaking news about new hardware releases or debates over the most profitable pools, the platform is a go-to resource for anyone looking to stay informed and engaged in the ever-evolving landscape of Bitcoin mining. I buy & sell old phones - get them from friends, repair busted ones and resell or keep the ones I like. But i don’t know what power supply to choose. What is Bitcoin mining? Bitcoin mining explained. The list of people who have bought into it has gotten really long by now, starting with the original p2p-forum cypherpunks, startup gurus, twitter, reddit, sport teams and rappers. Often you mine other coins but you’re paid in Bitcoin. I know their business model works by upcharging the miners but giving competitive power. These subreddits might help the user make a decision based on the discussions where community members share their personal experiences, opinions, advice, and perspective. I have a large hashflare contract and dont believe I will ever break even The HobbyistMiner did a series testing various pools for a month at a time (setup a bunch of the same S19s pointing at different pools all mining at the same time in competition) and Nicehash consistently paid up to 7% more than any other pool. New equipment is coming every week. If you want to do more, look to increase existing equipment hashrate or find new (cheaper) equipment. I suggest to not spend any more fiat on the mining setup you describe. I'm mining because I know it's more worthwhile to have the crypto than complain about my electricity bill. The official bitcoin mining forum / subreddit / chat room / place to be! Members Online • 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. The essence of a bitcoin is the ledgerthe record of who owns what. Say it costs $10 to mine $11 worth of bitcoin/gold. The official home of Bitcoin on Reddit can be found at r/Bitcoin. The official bitcoin mining forum / subreddit / chat room / place to be! SUBSCRIBERS: 887,000 TL;DR: The best place to start This community is home to bitcoin novices who want to get started, and it’s a wonderful resource if you can’t tell your Dogecoin from your Bitcoin mining will compete, head-on, with battery technology (when it finally catches up) as the 2 main tools available to energy grids for stabilisation. Instead of dropping with bitcoin’s price, the pace of growth in these Bitcoin Mining Shutdown Cause 20% Surge in Electricity Bills « 1 2 All » larry_vw_1955: 22 365 September 24, 2024, 04:26:00 PM by FP91G: a beginner wanting to I've always been interested in Bitcoin, however I am complete beginner to mining. 0 coins. Like currently you’d be spending more on electricity than the Bitcoin you’d mine is currently worth, but if bitcoins price keeps rising then eventually it could be worth more than you spent to mine it? r/Binance. Bitcoin mining also uses a proof-of-work system. The tax benefits of bonus depreciation, the upside on the miners and the coins buy in the US and host in the US. Because mining bitcoins is based on computational resources, there is an incentive to steal these from others. ) r/BitcoinBeginners is a really great resource. The idea behind hashcash is pretty simple. BUT, you could make bank as well. The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Leave mining to the big players who pay next to nothing for electricity. I will say that I recently came across an app called “ember fund” that mines satoshi and that is paid out in Bitcoin. We are not a subreddit for bitcoin or other types Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. After finding out the cost of a mining machine, I literally collapsed on the floor and I wanted to find another solution. bitcoin mining hardware Mining Hardware Mining increases the bitcoin network's security and fights fraud by calculating what's effectively a checksum for transactions. r/mining: This is a subreddit for those involved or interested in the extractive mining industry. Wait that's if you're only focused on bitcoin but I believe if you can efficiently mine another cryptocurrency say for example Ripple is not mineable but let's just say if you could mind Ripple when everything was going crazy earlier this year I didn't invest in Bitcoin I invested in Ripple and while Bitcoin doubled Whipple quadrupled The S21 Hydro is for a water cooled set up so you'd need some sort of liquid cooling container as well. An S19 Pro (110th) brings about 0. Miners are this workforce, which help to keep the infrastructure running and are paid for their services in newly minted Bitcoins. You want to keep your startup cost to a minimum. Help your fellow Redditors crack the electrical code. This guide aims to show that this is overly simplistic and narrow-minded in its view. This is the Bitcoin mining subreddit so I assume you are only buying Bitcoin mining rigs and no other altcoin miners. The general unit structure of bitcoins has 1 bitcoin (BTC) equivalent to 1,000 millibitcoins (mBTC), 1,000,000 microbitcoins (μBTC), or 100,000,000 satoshis. The app is available on playstore and apple. If your mining it there is depreciation of assets, the computer, and electricity costs. 0155/month. Not all algorithms and mining rigs use that much energy. In previous years, Bitcoin mining proved to be a lucrative investment option — netting miners with several fold returns on their investment with relatively little effort. Edit: or buy bitcoin outright We would like to show you a description here but the site won’t allow us. 04. I have an excess of around 5000 kWh per year from my solar setup, which I'm considering using for BTC mining instead of feeding it back into the grid. In Bitcoin cloud mining, individuals rent hash power from mining companies that maintain and operate the mining hardware in a remote location. The official bitcoin mining forum / subreddit / chat room / place to be! Members Online For Sale: 178qty Bitmain Antminer S19 Pro+ Hydro 184T/191T/198T and Antbox H3 V2 Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Posted by u/ddeloxCode - 1 vote and no comments The smartest people in bitcoin are mining bitcoin. To explain the term "lottery miner": there is a very very small chance to mine a block alone with the nerd miner and earn (at the current rate) a little less than 6. The future of Bitcoin Mining? So the last years the difficulty rises and price of bitcoin dumps, now price of bitcoin starts to slowly climb back up. Reddit Pinterest Flipboard LinkedIn Email. Hashing is a randomness algorithm Using a target range, the average number of guesses required is equal to half of the size of the number domain (for SHA256, this is 2 256 ) divided by the size of the target range Bitcoin mining takes a lot of money to set up (a lot of money for me at least), and since everyone else also has powerful PC’s bitcoin mining has become a tough place unless you invest a ton of money in it and you aren’t gonna make much back. Have a few laying around and wondering if it's worth mining on them Galaxy S6, Galaxy S7, Galaxy S8 Google Pixel Make sure you fully understand what a wallet is, what kind of wallet options are available, and which one works best for you. This reddit is moderated by a CoinSpot representative known as u/rockethelper. I also buy about $200 bitcoins a month on top of that and looking to slowly expand my operations. The news makes bitcoin mining and stuff sound horrible but the overall energy use is pretty similar, albeit bitcoin can be pretty energy intensive. Until then, please utilize the resources in the MINING WIKI for additional useful Not sure which part of mining interests you, but first some more general comments about mining: Because Bitcoin is a decentralized system, you need a decentralized workforce to keep it running. Bitcoin mining legality depends entirely upon the If I, a normal pleb and BTC holder, wanted to start Bitcoin mining on a midscale level (not out of my home, but not in 10,000+ sq/ft), where would I start? Pretend I know nothing (which is true) and I was looking to start in a low cost area of America (i. Join Bitcoin Mining app, and earn crypto by tracking your sleeping. gg/pendemic Members Online. However it’s bitcoin, and whatever you hodl grows in value. This is a surprisingly large Bitcoin Mining subreddit with over 30 000 members discussing the various aspects of mining Due to efficiency concerns, many miners are upgrading to the latest mining rigs in anticipation of the upcoming Bitcoin halving. Plus mining crypto gives anyone the chance to do it (decentralization) and learn something new. u/MarleyTheDogg if you have any questions about anything Bitcoin or crypto related we would be happy to help here as well as in our 24hr our live chat (you don't even need to create an account to use it. I've got 3x 3070's and 1x 1070 mining 24/7. Just dont bother with cloud mining. 25 to 3. So be aware that every day your miners will slowly mine less and less bitcoin. Their aim is to "This is really the right time to start investing in cryptocurrencies because Bitcoin is still the most popular cryptocurrency. This number will I agree that's simpler. Miners use powerful computers to solve complex mathematical puzzles, known as proof-of-work (PoW), to Also bitcoin mining in general is not going to be profitable for very long for anyone unless you have crazy cheap energy rates or are innovating with heat reuse tech, demand response, flared gas based mining,etc. I work for a North American BTC mining company For years the narrative that has been pushed regarding Bitcoin mining is that it’s a fool’s game, better left to the professional mining farms and big players due to shrinking profitability. Some peoples setups make them dollars a day, while others seem to make upwards of 500 a day. Use B5OD8 as your referral code. Reddit's Loudest and Most In-Tune Community of Bassists Electric, acoustic, upright, and otherwise. Hopefully more than $40K in value. Compass seems good but only resale units available. P. I’d like to think of myself as a techy guy who would be able to set a mining rig up, but I don’t think it’s even worth it for how much they cost. It has almost always been more profitable to simply buy bitcoin. I’ve read the articles and understand the whole Bitcoin history and know that 21 million were created and a little over 19 million have been mined to date. Use the report link to report any suspicious private message to Reddit. Community resources, and extensive FAQ for players new and old. Bitcoin mining doesn’t just add new currency into the pool, it also verifies transactions that have Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Actually, don't quote this, but I have heard that on average bitcoin blocks come in at under 10/minutes per block. Mining Bitcoin is very complicated, and the profit margins are very slim. Historical Price Impacts: 2012 Halving: Bitcoin's price surged approximately 9308% in 13 months. Personally it's not worth getting into mining at such a small scale especially paying $0. But mining rigs run ridiculous wattage. I’ve heard other If you solve the problem a new bitcoin is created by the network and given to you as a reward for solving the problem. 28 votes, 61 comments. Here's what I learned after buying an Asic. Macs are not cost effective or fast enough even Mac Studio How many GPUs you can buy for one Mac Studio - 10 -15? The halving occurs every four years, cutting the reward for mining new blocks in half. I don't live in a country where electricity is affordable, I don't want to maintain all the hardware/software and I don't really have time for all that. For assistance and questions related to your account, please reach out to our 24/7 Support Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Somebody has to be mining bitcoin and turning a profit somehow. So if you have solar panels, fine. Actual bitcoin mining isn't feasible on a smart phone, not enough computing power to get anything significant. Seems like all the mining software I find recommended online (eg CGMiner, Multiminer) gets flagged as malware in Windows 10. House on it's own is about £10 a week, then with mining, it's an extra £30 on top each week. Dont do it. Don’t waste your money on buying a computer for mining, just buy Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. And without the massive pain in the ass. For the past few weeks I’ve seen videos and articles all about crypto mining. GPUs build for crypto mining. If I buy some miners then I have still have some used miners with at least some value plus some bitcoin. In order to prove an email is not spam, the sending software must solve a small but CPU intensive math problem. It is a crucial component of the Bitcoin View community ranking In the Top 5% of largest communities on Reddit. The bitcoins themselves are Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. rural Midwest). Miners are rewarded with 6. 7 Years Some analysis and some guessing leads me to say that IMO it seems like mining rig prices kind traditionally move with the bitcoin/crypto chartsbut FOMO is real right now and all the mining rig companies have large demand it sounds like, so we may not see a pull back for some time. Then exchange it if you want for a different currency. 125 BTC. I’ve been following the crypto market for about 8-10 years now and have always been very interested in mining Bitcoin. 1 📣 New supported Antminer model and several bug fixes. It has to be hosted since I live in a condo. This subreddit has over 820 000 members and is extremely active. But yeah, it will show on the GPU usage in task manager if you know where your "baseline" is. Bitcoin mining is just as bad for the environment as drilling for oil. You don't have a setup for mining. 25 bitcoins. Social Share. A Reddit for Solar Power enthusiasts, the latest news on Solar Technology, and "How to" Advice for Solar Energy Mining is the backbone of all proof-of-work blockchains and can be described with three key concepts: MORE: Bitcoin mining profit calculator Bitcoin Block Reward. You "mine" and receive your coins directly in the asset of your choice. You'll be far better off investing that money directly into Bitcoin. I am a bot, and this action was performed automatically. Error! Copy Link. The process involves specialized computers solving algorithmic equations or hash functions. Is it legit ir a scam article? Anyone? Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers View community ranking #9 in Largest Communities. Also Read: What is Bitcoin mining? [Everything you Lots of data sets in mining lag bitcoin’s price, including prices for ASIC mining machines that characteristically climb or fall with bitcoin but with a delay. Copied. I have an apartment with utilities included, so something I'm interested in getting a small mining rig set Bitcoin mining is the process of creating valid blocks that add transaction records to Bitcoin’s (BTC) public ledger, which is called a blockchain. Tough to find legit estimates of what I can get. Get the Reddit app Scan this QR code to download the app now. Reply reply 2_Light • I’m new to mining. " I cannot find one thing about this company. Valheim View community ranking In the Top 5% of largest communities on Reddit. Same with mining with gpus. Gaming let us know in the comments section below. I ran a fairly large hydro powered mining operation for a few years starting in 2015. -Alpha network app was launched in April 2021 for Android devices, and developers aim to expand the scope of the project over 3 phases: Launching mining apps for Google play and Apple store, as well as developing a Get the Reddit app Scan this QR code to download the app now when the contract ends, you have accumulated Bitcoin for a year at a low price* 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-$13 per day deposited into my BTC Your gear is too old. The official bitcoin mining forum / subreddit / chat room / place to be! Advertisement Coins. Guide to the Best Bitcoin If these companies buy 1000 miners and enter the market the hash rate will pump through the roof making your miners less profitable because there are more miners on the network. The logical candidates for Bitcoin mining in the long run are energy companies with excess energy they are unable to store or transport it (i. Bitcoin mining is the process by which new bitcoins are entered into circulation, but it is also a critical component of the maintenance and development of the blockchain ledger. Times that by 4 if you buy 4 rigs. Hello everyone, I'm wondering if anyone here has experimented with using residential solar power for Bitcoin mining. I love mining. It’s going up right now, but it’s got the likelihood of being much more volatile than bitcoin over the next 200 days so that there is what you call a gamble. The official bitcoin mining forum / subreddit / chat room / place to be! Members Online Two Dormant Bitcoin Wallets With 49,000% Profit Suddenly Awake After 10. 25 BTC (a bit of the reward goes to the mining pool). The official bitcoin mining forum / subreddit / chat room / place to be! Official Reddit of UnMineable. But if Bitcoin stays flat my $40K is still worth $40K (not to mention what happens if BTC goes down in value). 👍 Because miners are so sensitive to electricity prices, they are often a driver pushing utilities to further develop renewables which are now the cheapest source of energy. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC It seems Bitcoin miners like Jihan Wu, Roger Ver and Calvin Ayre will be leading research into renewable energy to make their mining operations more profitable. ASICs tend to monopolize mining to a few big players, but GPU mining means anyone can mine again - restoring decentralization and independence. By using bitcoin mining websites, such as Sohash, you can start mining in a few clicks without any expensive mining hardware and software. Mining is profitable, but not by a lot. 99K subscribers in the BitcoinMining community. The limited supply of Bitcoin is also one of the reasons why Bitcoin mining has become so popular. Embed Go to BitcoinMining r/BitcoinMining • by The_Wizzard420. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. Feel free to ask any questions, start discussions, or just show off your runs! tldr; Bitcoin mining is the process of adding transactions to the Bitcoin blockchain, a decentralized public ledger of all Bitcoin transactions. #dailymines #DM #mining #crypto #cryptocurrency #bitcoin #bitcoinmining #cloudmining #cryptomining #bitcoin #earnmoney #earnbitcoin #EarnBitcoinOnline #ethereum #shibainu # Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. As such, it is more resistant to wild inflation and corrupt banks. Bitcoin mining is a guessing competition. The official bitcoin mining forum / subreddit / chat room / place to be! Welcome to the reddit community for Vampire Survivors. e. 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. Accounts must be at least 21 days old for posting privilege in r/gpumining. If you are looking for a large Thai only speaking community we recommend /r/thaithai Hope you enjoy Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. You would only show capital gains if you bought and sold in the same currency. When you are first starting out you don't know all of the common pitfalls and issues Mining stocks produce leveraged returns over the underlying asset, whether it's gold, silver, or bitcoin. This is the Reddit community-run sub for the Pi Network cryptocurrency project started by the team of Computer scientist Dr. If you were going to buy a contract for $200 or whatever just figure out how to buy $200 of cryptolikely bitcoin. S. Please contact the moderators of this subreddit if you have any questions or concerns. After a thorough analysis, 9 out of 10 times, the miner would have made multiples more if they would have just bought the asset they were mining with the same money they spent on the miners. They also provide tips, links, and warnings Users share their experiences and opinions on mining BTC and ETH with GPUs or ASICs. I bought a used Antminer S9 SE for $899. You will be throwing good money down the drain as you are already underwater. I live in my own house through work without needing to pay rent, electricity or any bills and I run aircons 24/7. Each coin mined in 2021 caused $11,314 of climate damage, adding to the total global damages that exceeded $12 billion between 2016 and 2021. Internet Culture (Viral) Amazing; Animals & Pets; Cringe & Facepalm So i want to build my first mining rig and i eant to buy Some RTX 4070, 6 of them to be mire specific. It is performed using very sophisticated computers that The official bitcoin mining forum / subreddit / chat room / place to be! Members Online 📣 T21 SUPPORT: Braiins OS 24. Halving is scheduled for May 2024 (price Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Join us for game discussions, tips and tricks, and all things OSRS! OSRS is the official legacy version of RuneScape, the Thank you u/bitusher for the shout out!. By contributing their computing power to the bitcoin network for mining, individuals are rewarded with newly minted bitcoins by the community. The official bitcoin mining forum / subreddit / chat room / place to be! Members Online • Please join our discord server while we are shut down in protest of the recent Reddit API changes: https://discord. You can visit frequently and receive updated news, opinion and community discussion. Your submission was automatically removed because your account is too new. Prefer new. It actually really works, it's the current new way of mining new crypto currency and distribution of airdrops, you can join "bondex origin", a great mining app with lots of potentials. Indeed, the break-even price for operating an S19 miner is expected to exceed $50,000 after the halving event. That's why I'm looking for a simple solution with cloud mining. Premium Powerups Explore Gaming. The servers and buildings, etc. zero marginal cost of energy) Idk if you even can mine Bitcoin from your phone. Even the most performant gpus don’t make more than 30 cents per day mining shitcoins. 002 bitcoins. TL;DR: A place to In this article, we have shortlisted 10 Best Subreddits for Crypto Mining that might help you understand the idea of what crypto mining is and share your views on the same. It Bitcoin mining is analogous to the mining of gold, but its digital form. I wanted to mine bitcoin on my iPhone but I found out that many people were saying that it is not a good idea without giving me some detailed reasons why. The official bitcoin mining forum / subreddit / chat room / place to be! The community for Old School RuneScape discussion on Reddit. Nicolas Kokkalis and his wife, Dr. You are buying the profit (variable) minus costs (fixed). Once you have mined a small amount, go through the process of selling some crypto and withdrawing it to a fiat account. Just buy Bitcoin and HODL. Reddit is a worthwhile resource that can prove to be good if utilized. The asset doubles in price to $22 (+100%). View community ranking In the Top 5% of largest communities on Reddit. weufltp gdujfj ufhzzyq mzoltheb wmtib xzvkax aflfce fxqayds htlglkg xbgvm