I Went to know whether mining the bitcoins using your computers or by using your custom made graphic cards to be used for mining bitcoins worth's or not?
As we know bitcoin is now got value somehow like gold and silver which are types of permanent money....
but now bitcoin is just like a dream to get for free?
As mining bitcoin needs full time power supply and also your time and a powerful computer to be used for mining and also u should know that the electricity bills are going on higher rates so the power consumption is a big matter for which we should think!
Power consumption – Each miner consumes a different amount of energy. Make sure to find out the exact power consumption of your miner before calculating profitability. This can be found easily with a quick search on the Internet or through this list. Power consumption is measured is Watts
and also after such consumption we get little satoshis so my suggestion that you should not do mining or if u have much money to invest then buy bitcoins and put it in ur wallet so after some time sell them to earn more profit!
Ahead of these problems there are also some other severe problems!
IF U FOUND THIS HELPING!!
UPVOTE RESTEEM FOLLOW!!
If anything you should be mining DASH - it has super low energy usage to mine and high rewards. Check out coinwarz.com for the most profitable coin each day. Also look at my BTC price forecast and find out when to buy or sell :) https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-forecast-7-22-2017
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Mining isn't profitable unless you spent very large amount of money on it, and even then I don't think it's profitable in short term...
I think the best way to invest in crypto, is to buy some Bitcoin and trade with other coins... you'll win sometimes and lose sometimes, but if you do it right you'll never lose all the money you initially invested.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You can CPU mine Gridcoin, and always will be able to https://beta.chainbb.com/gridcoin/@dutch/want-to-earn-usdusdusd-using-the-cpu-of-your-mining-rigs-or-home-computers-gridcoin-grc-mining-revenue-in-usd-up-to-usdusd70-m
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit