A start in cryptocurrency World

in #cryptocurrency7 years ago


Hello, Steemians!
How the title says, i wanna start in cryptocurrency world.
Bitcoin mining.
I dont know how to start, and what is the best way.
Buy a AntMiner?
Buy a Computer to mine?
Or invest in a cloud mining site, like hashflare.io
What you think about this?
I wait your answers.
And, what is the best coin to mine? I mean, the difficulty of bitcoin is huge, and i dont know about this.
Etherum? Dashcoin? Litecoin?

Sort:  

You will not be able to mine those coins for profit without a specialized ASIC miner and unless your electricity is basically free.

I suggest you try becoming a Steem witness. A Steem witness basically mines Steem but it doesnt really matter how powerful your hardware is. The more votes from the community your witness node / mining node gets, the more coin you can mine. It's a much better concept imo.

That's true. But that's hard, and i think that for making money on steemit you need some luck.
I just had some good posts, as i think, and i didnt get 1 dollar.

I know what that's like. Just like with Twitter etc, you need to have a good amount of followers before you can earn much on your posts.

Cloud mining is a gamble. The company counts on the fact that they will probably make more money by renting the hardware to you than they can by actually mining themselves. Sometimes you get lucky. Sometimes you lose.

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