Bitcoin Mining Guide - Getting started with Bitcoin mining

Bitcoin Mining Forums: Turning Computers Into Cash Since 2011

The official bitcoin mining forum / subreddit / chat room / place to be!
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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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bitcoin in Aotearoa

A sub to chat all things bitcoin in New Zealand.
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How to do bitcoin mining efficiently?

How to do bitcoin mining efficiently? submitted by erosinfo to BitcoinMining [link] [comments]

How to do bitcoin mining efficiently?

How to do bitcoin mining efficiently? submitted by Miadeep to Bitcoin [link] [comments]

How to do bitcoin mining efficiently?

How to do bitcoin mining efficiently? submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

03-15 15:43 - 'Watch how to do bitcoins mining for free.' (youtu.be) by /u/Tunezafrik removed from /r/Bitcoin within 88-98min

Watch how to do bitcoins mining for free.
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Author: Tunezafrik
submitted by removalbot to removalbot [link] [comments]

Watch how to do bitcoins mining for free.

Watch how to do bitcoins mining for free. submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

How much and what do I need to mine one Bitcoin in 1 month

submitted by ezraisyesyes to Bitcoin [link] [comments]

08-22 23:05 - 'Brad Mills:Roger Ver's son was out aerating lawns in my neighborhood. I asked him to do mine. When he was done, he asked how I wanted to pay. I said cash, toilet paper or #Bitcoin . He told me he had lost BTC on Quad...' (twitter.com) by /u/rnvk removed from /r/Bitcoin within 84-94min

Brad Mills:Roger Ver's son was out aerating lawns in my neighborhood. I asked him to do mine. When he was done, he asked how I wanted to pay. I said cash, toilet paper or #Bitcoin . He told me he had lost BTC on Quadriga. I hooked him up with a COLDCARD, an OPENDIME & some corn.
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Author: rnvk
submitted by removalbot to removalbot [link] [comments]

How much and what do I need to mine one Bitcoin in 1 month (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

How do you think Bitcoin mining will impact global warming in future and what we can do to mitigate it?

submitted by cryptosp to Bitcoin [link] [comments]

Trying to calculate bitcoin mining profitability but im not getting it right. How can i do it with these hardware specs?

PC specs:
nvidia geforce 830m
intel core i7-5500U CPU 2.40GHz
*No costs with energy
I tried to calculate on online tools but i must be doing something wrong because all of them are giving me wrong values (there are some fields that i dont know their meaning like Hashing Power, Polling Fee, Bitcoin Difficulty, Hash Rate, Block Reward, etc... )

submitted by Don-g9 to BitcoinBeginners [link] [comments]

Do you know how to mine Bitcoin

submitted by realadeiz to u/realadeiz [link] [comments]

Bitcoin mining has exceeded $14 billion! How much of that mining do you think was done by individuals as opposed to companies?

Bitcoin mining has exceeded $14 billion! How much of that mining do you think was done by individuals as opposed to companies? submitted by StablyLabs to u/StablyLabs [link] [comments]

Hello everyone Do you know you can earn up to $300 $600 $1000 daily without sending money to me or anyone Ask me how? I don't buy Bitcoin,l mine bitcoin 100% guarantee. I will teach you how you can earn $1000 worth of bitcoin inside your wallet without sending me money Hurry up and claim yours..

submitted by drassla to Makemoneyonlinewithme [link] [comments]

How to do GPU Bitcoin Mining on a Mac with Diablo Miner

How to do GPU Bitcoin Mining on a Mac with Diablo Miner submitted by ososru to Bitcoin4free [link] [comments]

How to do GPU Bitcoin Mining on a Mac with Diablo Miner

How to do GPU Bitcoin Mining on a Mac with Diablo Miner submitted by Rufflenator to 3bitcoins [link] [comments]

Core/Blockstream attacks any dev who knows how to do simple & safe "Satoshi-style" on-chain scaling for Bitcoin, like Mike Hearn and Gavin Andresen. Now we're left with idiots like Greg Maxwell, Adam Back and Luke-Jr - who don't really understand scaling, mining, Bitcoin, or capacity planning.

Before Core and AXA-owned Blockstream started trying to monopolize and hijack Bitcoin development, Bitcoin had some intelligent devs.
Remember Mike Hearn?
Mike Hearn was a professional capacity planner for one of the world's busiest websites: Google Maps / Earth.
TIL On chain scaling advocate Mike Hearn was a professional capacity planner for one of the world’s busiest websites.
https://np.reddit.com/btc/comments/6aylng/til_on_chain_scaling_advocate_mike_hearn_was_a/
Mike Hearn also invented a decentralized Bitcoin-based crowdfunding app, named Lighthouse.
Lighthouse: A development retrospective - Mike Hearn - Zürich
https://www.youtube.com/watch?v=i4iZKISMZS8
Mike Hearn also developed BitcoinJ - a Java-based Bitcoin wallet still used on many Android devices.
Mike Hearn: bitcoinj 0.12 released
https://np.reddit.com/Bitcoin/comments/2i6t6h/mike_hearn_bitcoinj_012_released/
So of course, Core / Blockstream had to relentlessly slander and attack Mike Hearn - until he left Bitcoin.
Thank you, Mike Hearn
https://np.reddit.com/btc/comments/40v0dx/thank_you_mike_hearn/
Remember Gavin Andresen?
Satoshi originally gave control of the Bitcoin project to Gavin. (Later Gavin naïvely gave control of the repo to the an idiot dev named Wladimir van der Laan, who is now "Lead Maintainer for Bitcoin Core".)
Gavin provided a simple & safe scaling roadmap for Bitcoin, based on Satoshi's original vision.
21 months ago, Gavin Andresen published "A Scalability Roadmap", including sections called: "Increasing transaction volume", "Bigger Block Road Map", and "The Future Looks Bright". This was the Bitcoin we signed up for. It's time for us to take Bitcoin back from the strangle-hold of Blockstream.
https://np.reddit.com/btc/comments/43lxgn/21_months_ago_gavin_andresen_published_a/
Gavin Andresen: "Let's eliminate the limit. Nothing bad will happen if we do, and if I'm wrong the bad things would be mild annoyances, not existential risks, much less risky than operating a network near 100% capacity." (June 2016)
https://np.reddit.com/btc/comments/6delid/gavin_andresen_lets_eliminate_the_limit_nothing/
Gavin's scaling roadmap for Bitcoin is in line with Satoshi's roadmap:
Satoshi's original scaling plan to ~700MB blocks, where most users just have SPV wallets, does NOT require fraud proofs to be secure (contrary to Core dogma)
https://np.reddit.com/btc/comments/6di2mf/satoshis_original_scaling_plan_to_700mb_blocks/
So of course, Core / Blockstream had to relentlessly slander and attack Gavin Andresen - until he basically left Bitcoin.
Gavin, Thanks and ... 'Stay the course'.
https://np.reddit.com/btc/comments/45sv55/gavin_thanks_and_stay_the_course/
In fact, Core and AXA-funded Blockstream devs and trolls have relentlessly attacked and slandered all talented devs who know how to provide simple and safe on-chain scaling for Bitcoin:
"Notice how anyone who has even remotely supported on-chain scaling has been censored, hounded, DDoS'd, attacked, slandered & removed from any area of Core influence. Community, business, Hearn, Gavin, Jeff, XT, Classic, Coinbase, Unlimited, ViaBTC, Ver, Jihan, Bitcoin.com, btc" ~ u/randy-lawnmole
https://np.reddit.com/btc/comments/5omufj/notice_how_anyone_who_has_even_remotely_supported/).
So who are the "leaders" of Bitcoin development now?
Basically we've been left with three toxic and insane wannabe "leaders": Greg Maxwell, Luke-Jr and Adam Back.
Here's the kind of nonsense that /nullc - Blockstream CTO Greg Maxwell has been saying lately:
Here's the kind of nonsense that the authoritarian nut-job u/luke-jr Luke-Jr has been saying lately:
Meanwhile, Adam Back u/adam3us, CEO of the AXA-owned Blockstream, is adamantly against Bitcoin upgrading and scaling on-chain via any simple and safe hard forks, because a hard fork, while safer for Bitcoin, might remove Blockstream from power.
In addition to blatantly (and egotistically) misdefining Bitcoin on his Twitter profile as "Bitcoin is Hashcash extended with inflation control", Adam Back has never understood how Bitcoin works.
4 weird facts about Adam Back: (1) He never contributed any code to Bitcoin. (2) His Twitter profile contains 2 lies. (3) He wasn't an early adopter, because he never thought Bitcoin would work. (4) He can't figure out how to make Lightning Network decentralized. So... why do people listen to him??
https://np.reddit.com/btc/comments/47fr3p/4_weird_facts_about_adam_back_1_he_neve
The alarming graph below shows where Bitcoin is today, after several years of "leadership" by idiots like Greg Maxwell, Luke Jr, and Adam Back:
Purely coincidental...
https://np.reddit.com/btc/comments/6a72vm/purely_coincidental/
Why does it seem so hard to "scale" Bitcoin?
Because we've been following toxic insane "leaders" like Greg Maxwell, Luke-Jr, and Adam Back.
Here are two old posts - from over a year ago - when everyone already had their hair on fire about the urgency of increaing the blocksize.
Meanwhile the clueless "leaders" from Core - Greg Maxwell and Luke-Jr - ignored everyone because they're are apparently too stupid to read a simple graph:
Just click on these historical blocksize graphs - all trending dangerously close to the 1 MB (1000KB) artificial limit. And then ask yourself: Would you hire a CTO / team whose Capacity Planning Roadmap from December 2015 officially stated: "The current capacity situation is no emergency" ?
https://np.reddit.com/btc/comments/3ynswc/just_click_on_these_historical_blocksize_graphs/
Look at these graphs, and you will see that Luke-Jr is lying when he says: "At the current rate of growth, we will not hit 1 MB for 4 more years."
https://np.reddit.com/btc/comments/47jwxu/look_at_these_graphs_and_you_will_see_that_lukej
What's the roadmap from Greg Maxwell, Adam Back, and Luke-Jr?
They've failed to get users and miners to adopt their dangerous SegWit-as-a-soft-fork - so now they're becoming even more desperate and reckless, advocating a suicidal "user (ie, non-miner) activated soft fork, or "UASF".
Miner-activated soft forks were already bad enough - because they take away your right to vote.
"They [Core/Blockstream] fear a hard fork will remove them from their dominant position." ... "Hard forks are 'dangerous' because they put the market in charge, and the market might vote against '[the] experts' [at Core/Blockstream]" - ForkiusMaximus
https://np.reddit.com/btc/comments/43h4cq/they_coreblockstream_fear_a_hard_fork_will_remove/
But a user-activated soft fork is simply suicidal (for the users who try to adopt it - but fortunately not for everyone else).
"The 'logic' of a 'UASF' is that if a minority throw themselves off a cliff, the majority will follow behind and hand them a parachute before they hit the ground. Plus, I'm not even sure SegWit on a minority chain makes any sense given the Anyone-Can-Spend hack that was used." ~ u/Capt_Roger_Murdock
https://np.reddit.com/btc/comments/6dr9tc/the_logic_of_a_uasf_is_that_if_a_minority_throw/
Is there a better way forward?
Yes there is.
There is no need to people to listen to toxic insane "leaders" like:
  • Greg Maxwell u/nullc - CTO of Blockstream
  • Luke-Jr u/luke-jr - authoritarian nutjob
  • Adam Back u/adam3us - CEO of Blockstream
They have been immensely damaging to Bitcoin with their repeated denials of reality and their total misunderstanding of how Bitcoin works.
Insane toxic "leaders" like Greg Maxwell, Luke-Jr and Adam Back keep spreading nonsense and lies which are harmful to the needs of Bitcoin users and miners.
What can we do now?
Code that supports bigger blocks (Bitcoin Unlimited, Bitcoin Classic, Extension Blocks, 8 MB blocksize) is already being used by 40-50% of hashpower on the network.
https://coin.dance/blocks
http://nodecounter.com/#bitcoin_classic_blocks
Code that supports bigger blocks:
Scaling Bitcoin is only complicated or dangerous if you listen to insane toxic "leaders" like Greg Maxwell, Luke-Jr and Adam Back.
Scaling Bitcoin is safe and simple if you just ignore the bizarre proposals like SegWit and now UASF being pushed by those insane toxic "leaders".
We can simply install software like Bitcoin Unlimited, Bitcoin Classic - or any client supporting bigger blocks, such as Extension Blocks or 8 MB blocksize - and move forward to simple & safe on-chain scaling for Bitcoin - and we could easily enjoy a scenario such as the following:
Bitcoin Original: Reinstate Satoshi's original 32MB max blocksize. If actual blocks grow 54% per year (and price grows 1.542 = 2.37x per year - Metcalfe's Law), then in 8 years we'd have 32MB blocks, 100 txns/sec, 1 BTC = 1 million USD - 100% on-chain P2P cash, without SegWit/Lightning or Unlimited
https://np.reddit.com/btc/comments/5uljaf/bitcoin_original_reinstate_satoshis_original_32mb/
submitted by ydtm to btc [link] [comments]

Nicehash to mine most profitable: cryptonight??? How do I know that I am not going for anything else? All I have received is Bitcoin.

submitted by BudaHodl to NiceHash [link] [comments]

Since the evolution of Bitcoin, mining is a great source of income. But anyone has wondered how much energy is required to mine Bitcoin? Is it now worth to do mining? Dago mining works directly looking after energy problems. https://dago-mining.com

Since the evolution of Bitcoin, mining is a great source of income. But anyone has wondered how much energy is required to mine Bitcoin? Is it now worth to do mining? Dago mining works directly looking after energy problems. https://dago-mining.com submitted by forexauditor to ico [link] [comments]

Trying to calculate bitcoin mining profitability but im not getting it right. How can i do it with these hardware specs? /r/BitcoinBeginners

Trying to calculate bitcoin mining profitability but im not getting it right. How can i do it with these hardware specs? /BitcoinBeginners submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Trying to calculate bitcoin mining profitability but im not getting it right. How can i do it with these hardware specs? /r/BitcoinBeginners

Trying to calculate bitcoin mining profitability but im not getting it right. How can i do it with these hardware specs? /BitcoinBeginners submitted by cryptoanalyticabot to cryptoall [link] [comments]

How to Acquire Bitcoin Without Doing the Whole Mining Stuff?

How to Acquire Bitcoin Without Doing the Whole Mining Stuff? submitted by Ranzware to BitNewsLive [link] [comments]

Another Newbie in mining needing help

Hey so I want to start to learn how to do bitcoin mining. Any veterans out there know exactly what is the most efficient cost effective way to mine? What about to start? I have a 960 and while that is probably not a good start to bitcoin mining, where should I start? Anything I should avoid to keep my gpu healthy while under the stress of mining? Are those cloud based mining sites trust worthy? What's the best way to mine? I hope someone can enlighten me to your ways.
submitted by Lazylion777 to BitcoinMining [link] [comments]

How to Mine Bitcoin Using Your Windows PC - YouTube How To Mine Bitcoin - YouTube How to mine $1,000,000 of Bitcoin using just a laptop ... HOW TO MINE BITCOIN? - Step by Step Tutorial - Bitcoin ... How to Mine Bitcoins Using Your Own Computer - YouTube

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. For example, as of 2019, Genesis offers a 2-year Bitcoin mining contract for $50, which gets you 1 TH/s (1 Tera hash per second, or 1,000,000,000,000 hashes per second). This sounds like a lot, but it's unlikely that you'd do much more than break even in 2 years on such a small plan. Bitcoin mining is done by private computers. The role of miners is to secure the network and process each Bitcoin . Miners do this by solving a calculation problem that allows them to assemble the transaction blocks (hence bitcoin's famous blockchain). First, it’s important to consider the right environment for getting started with Bitcoin mining. If you live in a remote location without high-speed internet access, this isn’t a great option. You should go for regions where you have high-speed internet and the miner is close enough to the power supply for it to be easily connected to a ... Bitcoin mining is difficult to do profitably but if you try then this Bitcoin miner is probably a good shot. How Bitcoin Mining Works. Before you start mining Bitcoin, it's useful to understand what Bitcoin mining really means. Bitcoin mining is legal and is accomplished by running SHA256 double round hash verification processes in order to ...

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How to Mine Bitcoin Using Your Windows PC - YouTube

Today I show you how to mine the worlds #1 cryptocurrency - Bitcoin. Mining bitcoin is actually incredibly easy. This tutorial will tell you everything there... A very simple video tutorial showing you how to get started mining Bitcoin using your regular Windows desktop or Laptop computer. In this guide I'll take you... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X IMPORTANT!! This method only illustrates how mining works. You will not make any money f... For more information: https://www.bitcoinmining.com and https://www.weusecoins.com What is Bitcoin Mining? Have you ever wondered how Bitcoin is generated? T... How To Bitcoin - GMOD DarkRP (How To Set Up and Start Bitcoin Mining and Building Base) in dark RP there's a few things that make you a lot of money and bitc...

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