A start in cryptocurrency World

in #cryptocurrency • 7 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?

#bitcoin #mining #etherum #cloudmining
7 years ago in #cryptocurrency by
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     7 years ago 

    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.

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    2 votes
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     7 years ago 

    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.

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    1 vote
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     7 years ago 

    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.

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       7 years ago 

      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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         7 years ago 

        Congratulations @cristim! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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        Click on any badge to view your own Board of Honor on SteemitBoard.
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           6 years ago 

          Congratulations @cristim! You have received a personal award!

          1 Year on Steemit
          Click on the badge to view your Board of Honor.

          Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

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             5 years ago 

            Congratulations @cristim! You received a personal award!

            Happy Birthday! - You are on the Steem blockchain for 2 years!

            You can view your badges on your Steem Board and compare to others on the Steem Ranking

            Vote for @Steemitboard as a witness to get one more award and increased upvotes!
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