adelekefam:

Lol POW my ass, any mining u want to do nd u did not visit the mining farm to confirm and see for urself that the mining actually exist nd they shw u how it works, my brother you ar on ur own na understatement, ur money will develope wings and fly away

Actually he might have antminer. He should show it.

Balanciego:


How far have u gone with your learning.

Have u studied moving averages and how to interpret it.

Have you known the hidden secrets of Relative Strength index. This two powerful indicators can help you with exit and entry strategies.

Let me know how far you have gone so I can know how to help. Good luck

Hmmm u know ur stuff ooo
Am stil learning how to detect a fake buy nd sell candle on binance, pls help

By this time last year. I was raking in hundreds of dollars from bitcoin mining in China.

Soul47:


Funny.

I mine with 5 S9 now, the daily profit from each at the moment is $5.

No need teaching how to mine normally cause it's common knowledge.

So I met a guy who told me about mining with a script, he said if the script is embedded to my miner it will increase the hash rate thereby increasing the daily profit.

He is still working on it and from our last discussion it will be ready in 2 weeks time.

So when it's ready and I test it to be sure of it I can share with us how to use script on our miners.

That's what I meant.

Have your heard about using script on miners?

Modified:
Working on it does not mean he is with my miner...
I guess I should not talk much about it till I have tested it.

But you can check on YouTube to confirm what am talking about.

I will post the YouTube link later

I have heard of script on miners...


What I'm saying is that you claiming you mine 5$ daily is not feasible. Did u include electricity too.

Also I have checked on YouTube and it's not exactly what u said here.

Bitcoinbeer:
By this time last year. I was raking in hundreds of dollars from bitcoin mining in China.

Raker what now happened this year??

Soul47:


Funny.

I mine with 5 S9 now, the daily profit from each at the moment is $5.

No need teaching how to mine normally cause it's common knowledge.

So I met a guy who told me about mining with a script, he said if the script is embedded to my miner it will increase the hash rate thereby increasing the daily profit.

He is still working on it and from our last discussion it will be ready in 2 weeks time.

So when it's ready and I test it to be sure of it I can share with us how to use script on our miners.

That's what I meant.

Have your heard about using script on miners?

Modified:
Working on it does not mean he is with my miner...
I guess I should not talk much about it till I have tested it.

But you can check on YouTube to confirm what am talking about.

I will post the YouTube link later

Lol bros abeg easy oooo
We knw say country hard
U are not earning anything
I know someone who owns a bitcoin farm in ghana, i have been begging him to let me invest since 5years now he refused ooo, my point is that if anyone owns a bitcoin farm. He wouldnt want to let anyone in aince hes making mad money not unless the person wan. Help the poor shaa, me now na normal bitcoin buying and selling i dey do, buy low. Nd sell high, still beneficial

Nkemzy8:

Lol bros abeg easy oooo
We knw say country hard
U are not earning anything
I know someone who owns a bitcoin farm in ghana, i have been begging him to let me invest since 5years now he refused ooo, my point is that if anyone owns a bitcoin farm. He wouldnt want to let anyone in aince hes making mad money not unless the person wan. Help the poor shaa, me now na normal bitcoin buying and selling i dey do, buy low. Nd sell high, still beneficial

Everything about bitcoin and cryptocurrency is beneficial only if you are fortunate to meet the right people and not all these yahoo boiz nd girlz

Nkemzy8:

Everything about bitcoin and cryptocurrency is beneficial only if you are fortunate to meet the right people and not all these yahoo boiz nd girlz

now u get the perspective. Most legitimate ways of bitcoin are hardly revealed.

I have revealed some ways to make it in cryptocurrency here and I urge readers to seek more knowledge and secure their future.

Is anybody creating the whatsapp group

Olgasmith:
Is anybody creating the whatsapp group

Do we have cryptocurrency experts willing to teach us all we need to know free of charge? Its not all about creating group

Bitcoin mining is the backbone of the Bitcoin network.

Miners provide security and confirm Bitcoin transactions.

Without Bitcoin miners, the network would be attacked and dysfunctional.


Bitcoin mining is done by specialized computers.

The role of miners is to secure the network and to process every Bitcoin transaction.

Miners achieve this by solving a computational problem which allows them to chain together blocks of transactions (hence Bitcoin’s famous “blockchain”).

For this service, miners are rewarded with newly-created Bitcoins and transaction fees.

#Copied_ from Buybitcoinworlwide.com

HOW IT WORKS

Bitcoin is the most valuable cryptocurrency.

Bitcoin mining can be sub divided into two sections, the ‘PROOF OF WORK’ (POW) (which we would focus) and ‘PROOF OF STAKE’(POS)

To verify these transactions, miners need to solve mathematical problems, which become increasingly more difficult the more miners there are. The more complex the cryptography problems, the more computational power needed to solve them.

Bitcoin, and pretty much every other notable cryptocurrency available, relies on miners to handle the transactions done in their respective blockchains.


In POW: You buy a Bitcoin mining device; ASIC miner (Application Specific Integrated Circuit miner) and run it for a long period of time daily (possibly 20hours or more).
Any device which is not ASIC will not yield you much profit in the long run when you factor electricity cost, so best advice is to go for devices specially designed to mine crypto.
As long as the device is functional you the owner of the miner will be rewarded for running the device.
Now the reward is relative to the hash rate your device provides to the mining pool you join. The mining device I use is AntMiner S9 which cost about 250k.
AntMiner S9 runs at the rate of 14TeraHash per second (14th/s). Last year with this device you get Bitcoin value of $12 daily but due to the increasing difficulty of Bitcoin mining you get barely $5 daily at the moment (including electricity cost). It's not a bad idea investing in this machine if you can afford them in their number. Imagine you buy 4 or 5 of this machine, you get $20 -$25 daily or a little more above it cause this is just an estimate.

AntMiner S9 is not the only ASIC miners for Bitcoin, there are other more profitable ones though on the higher side; example AntMiner T15 (23th/s), with this you get about $8 daily. Another Bitcoin miner is AnyMiner S17 (50th/s), with this you get $17 daily.
There are other companies that produce Mining hardware, AntMiners are produced by Bitmain company, other mining hardware are Dragonmint, Innosilicon, Whatsminer, etc. I haven't used any other one except the AntMiner so can't say much about them but you can always research using Google.
As for how to get them, you can use Amazon or AliExpress to order them directly from wherever place you are, and pay with your MasterCard and await it's arrival.

I believe I have explained how the mining works and it's profitability.

HOW TO SETUP YOUR MINER

When you get the miner; let's assume it's AntMiner S9, it will come with the miner itself and the Power suply.
The power supply is just a small Machine that has 13 cables. Either you use the manual to set it up or watch YouTube videos on how to do it but it's simple. Just connect each cable to the opening on the top of the miner. When you look at the top of the miner you will see those opening, so place the wires there but make sure it goes all the way down, that is, firm.
After that, you will need a router with subscription and good network cause the miner needs to be connected online always to report your miners progress. But it doesn't suck up data the way our smartphones do.
Routers come with Ethernet cable, so connect the ethernet cable from the router to the front of the miner.

Switch on the miner and router and see the magic.

The miner makes small noise, but you can live with it.

After switching on the miner, give it like 5 minutes to boot properly. How to know the miner is done booting is if the green light close to the 'NORMAL' inscription in front of the miner starts blinking intermittently.

If not, give it more Time. But if the RED one starts blinking, then something is wrong, either those cables are not well connected or no data or service in the router.

When the miner is running fine, for the first time it won't be mining into your account, so you need to setup the configuration.

For the internal configuration, I will be brief here cause I believe a YouTube video will be a better guide here.

Create an account with a mining pool, prefarably SLUSHPOOL or ANTPOOL. There are other pools you can look up. But know that you don't pay to join a pool.
After creating a pool, you will get the pool url, use any IP Locator app on your system to get your miner IP address. How to do this it, connect your laptop to the wifi of the router, install the IP locator app in your PC, run the app and hold the IP locator button on the miner then the IP will appear on the PC.
Now put the IP in the url box of your browser, it will request for a username and password, they are root, root.

When you access the miner page, go to miner configuration, you will see pool 1, pool 2, pool 3, so for pool 1, for url, use the url from your mining pool. For username, put any name you like. For password, type anything but make sure it's not blank.

For pool 2 and 3, either you use url address of other pools you have account with or just leave all boxes empty so only pool one will be active (alive).

Click apply and give the miner about 5 minutes to reboot and apply those changes and see what will happen.

After the reboot, as soon as the miner is running normally once again(ie. The normal light is blinking) login to your pool, you will see you have one worker online. That's it.

Again you can login to your miner page and click on Miner status to see what's going on there.

I don't know if there is anything I missed, you can ask questions or do your research.

My advice is that you factor the miner, router and electricity cost and see how profitable it will be for you before venturing into it.

After testing the script that will increase the miners hashrate by 5; thereby increasing profitability, if positive I will inform the house.

All the best.

Have a nice day.

Was offline for a while, ROTD 3 Brought me back.

I just read funny things here, someone said I earn nothing, the other is asking for a proof.

After showing the proof what next, you will dash me your money or what

Is that the attitude that will make someone share his secrets

For the guy that have heard of scripting, that means it's really right? Why don't you get someone to do it for you then? It's rare, plus those things come from Darkweb and you know how things go down there, especially if you are a newbie.

Am not here to brag.

And please, am not selling anything online, never will.

We are all here to learn and share knowledge. Period.

I guess I will stop here.

Olgasmith:
I have heard of script on miners...


What I'm saying is that you claiming you mine 5$ daily is not feasible. Did u include electricity too.

Also I have checked on YouTube and it's not exactly what u said here.

I didn't include electricity cost, it's cheap and almost steady here.

And that is without the script. Am using SlushPool and they find many blocks daily that's why.

3 weeks ago it was about $3.4 till the increase of btc recently.

Soul47:


I didn't include electricity cost, it's cheap and almost steady here.

And that is without the script. Am using SlushPool and they find many blocks daily that's why.

3 weeks ago it was about $3.4 till the increase of btc recently.

if you are adding cost of power. Then you don't actually have antminer rather you are using a pool that was made public.

How long will u stay and break even? Lol

Olgasmith:
if you are adding cost of power. Then you don't actually have antminer rather you are using a pool that was made public.

How long will u stay and break even? Lol

Pool mining things
Alwys a scam
They will park up nd leave when they feel like
How can dat guy say he forgot to include electricity cost, was he mining with firewood,lmao

Soul47:
Was offline for a while, ROTD 3 Brought me back.

I just read funny things here, someone said I earn nothing, the other is asking for a proof.

After showing the proof what next, you will dash me your money or what

Is that the attitude that will make someone share his secrets

For the guy that have heard of scripting, that means it's really right? Why don't you get someone to do it for you then? It's rare, plus those things come from Darkweb and you know how things go down there, especially if you are a newbie.

Am not here to brag.

And please, am not selling anything online, never will.

We are all here to learn and share knowledge. Period.

I guess I will stop here.

You should know that this is online forum. everyone is entitled to speak.

You said some things which aren't coherent and I never wanted to argue it with you.

I'm looking at your proposal from economic perspective and I don't see much value in it.

I know much about slushpool. it was the first public mining pool.

now you said you have antminer? And you earn 5$ from it?

I did slushpool years ago and you mentioning it makes me wanna relay an experience I had.

Goodluck in your pieces of meat. Get something real and hit it big once.

When I was new in crypto world, that was 2017, I was scammed by one bad guy that brought a coin called adcash, he offered free 100 coins before lured us in to buy more, promising that in a year time, we shall all smile. Lo and behold the current value of the coin is almost zero. Infact you can not see buyer.
Another scam I experienced is TBC (the billion coin), those guys are terrible and some people still believe in them.
As I said, those were the early days of being in crypto. Now nobody can scam me in anything crypto, unless BTC itself crashed, which I don;t think is possible.

chuksmad:
When I was new in crypto world, that was 2017, I was scammed by one bad guy that brought a coin called adcash, he offered free 100 coins before lured us in to buy more, promising that in a year time, we shall all smile. Lo and behold the current value of the coin is almost zero. Infact you can not see buyer.
Another scam I experienced is TBC (the billion coin), those guys are terrible and some people still believe in them.
As I said, those were the early days of being in crypto. Now nobody can scam me in anything crypto, unless BTC itself crashed, which I don;t think is possible.

Thats a sad sad experience bro
Am happy uve wisened up
Before i invest in anything online i always consult my mentor, hes from US nd has been into. Crypto for years, he has worked with macafee and hitekar on crpto projects, i always follow his lead thats why i never fall for cheap. Nigerian scam

chuksmad:
When I was new in crypto world, that was 2017, I was scammed by one bad guy that brought a coin called adcash, he offered free 100 coins before lured us in to buy more, promising that in a year time, we shall all smile. Lo and behold the current value of the coin is almost zero. Infact you can not see buyer.
Another scam I experienced is TBC (the billion coin), those guys are terrible and some people still believe in them.
As I said, those were the early days of being in crypto. Now nobody can scam me in anything crypto, unless BTC itself crashed, which I don;t think is possible.

Nowadays Ethereum blockchain has made easy for anyone to launch a coin. Now ICO is dead and smart work is what is now needed in cryptocurrency, No junkie can come launch any coin or project.

I pity TBC followers. The way Efcc is parading Swissgold owner is the same they will get caught up.

[quote author=Olgasmith post=79974861]Nowadays Ethereum blockchain has made easy for anyone to launch a coin. Now ICO is dead and smart work is what is now needed in cryptocurrency, No junkie can come launch any coin or project.

I pity TBC followers. The way Efcc is parading Swissgold owner is the same they will get caught up.

[/quote
Lmao the guy own worse ooo, he even get mind open office, come finally carry basket park money like fish, ico is ded, any coin apart from bitcoin, ethereum and ripple (xrp) am not part of it, they are all scam coins, pump nd dump,

[quote author=Nkemzy8 post=79977817][/quote]
Lols...u sabi the way.... Anything apart from bitcoin no dy serious

Balanciego:
You should know that this is online forum. everyone is entitled to speak.

You said some things which aren't coherent and I never wanted to argue it with you.

I'm looking at your proposal from economic perspective and I don't see much value in it.

I know much about slushpool. it was the first public mining pool.

now you said you have antminer? And you earn 5$ from it?

I did slushpool years ago and you mentioning it makes me wanna relay an experience I had.

Goodluck in your pieces of meat. Get something real and hit it big once.

Thanks for your response... It really put a lot of things in perspective.

Things change and I wouldn't argue with you till you go back into it and confirm for yourself.

I would like to know the experience you had with SlushPool back then so I would be more careful.

It may be pieces of meat now but am hopeful for something big soon, and am not Tryna gamble.

Would love to learn the crypto trading you talked about if only you can break it down a little for us here as you promised so we wouldn't loose much when we go into it.

I also want to say it's nice you created this thread and there are lots of people who want to learn the stuff you got.

Olgasmith:
if you are adding cost of power. Then you don't actually have antminer rather you are using a pool that was made public.

How long will u stay and break even? Lol

Please what do you mean by pool made public?

I connect my miner to a pool, each time a block is found am credited hundreds of thousands of satoshis based on my hashrate at the time the block was found.

I don't claim to know much but could I be wrong in that?

And the fact you keep saying I don't have antminer... I don't even know, maybe God credits me in Bitcoin and I withdraw through luno.

The guy who created this thread have made me understand that this is a public forum so anybody can say anything.

For the guy who asked if I mine with firewood... I don't.

I use local whiskey to produce cheap electricity, read it up on Google. You just need to know your positives and negatives to not create C4. Lol.

Cheap and almost steady electricity where I stay is not something I should factor all the time. That's why I didn't include it. But in my post I urged whoever reading it to consider that.

Balanciego:
All those that sent me pm. I have replied all of them. stay out of cryptocurrency scams

good but can you please help with the teaching how you earn 200$ per day here for newbies on this group not need of sending pm
Thanks hope to hear your feedback

Soul47:
Never been scammed, all thanks to God and caution.

On the other hand I notice that my transfer fees are just too much of a fee.

I wouldn't know if it's normal or the issue is from the exchange platform; luno.

I requested to withdraw 631k surprisingly I received 618k meaning about 13k was deducted for transfer fee...
I find it kinda Too big.

Please is it something we should expect normally or are there cheaper exchange platform...

Due to that I haven't withdrawn money again, all locked up.

Any suggestion?

You can try using Remitano.. Been using it for about two years and it's legit

deewon56:
good but can you please help with the teaching how you earn 200$ per day here for newbies on this group not need of sending pm
Thanks hope to hear your feedback

sure that is why I opened it here.

I will explained the basics that can spur anyone to his own path. keep following.

Making money in cryptocurrency requires skill and patience as well as networking.

tosyne2much:
You can try using Remitano.. Been using it for about two years and it's legit

Remitano is good but escrow groups is the best considering that remitano buy bitcoin from those groups. I know some Remitano guys that request for Bitcoin daily

Balanciego:
Remitano is good but escrow groups is the best considering that remitano buy bitcoin from those groups. I know some Remitano guys that request for Bitcoin daily

Escrow groups arw good to if u find a legit one, so many scam groups in play ds days

Soul47:


Thanks for your response... It really put a lot of things in perspective.

Things change and I wouldn't argue with you till you go back into it and confirm for yourself.

I would like to know the experience you had with SlushPool back then so I would be more careful.

It may be pieces of meat now but am hopeful for something big soon, and am not Tryna gamble.

Would love to learn the crypto trading you talked about if only you can break it down a little for us here as you promised so we wouldn't loose much when we go into it.

I also want to say it's nice you created this thread and there are lots of people who want to learn the stuff you got.

You are welcome.

I believe process would have changed. Businesses have to be creative in order to remain competitive.

My experience was one I wouldnt like to say here as a result of names to be mentioned.

Gambling in cryptocurrency is for noobs and trust me, crypto has gambling options. lol.

Sure I will teach the trading here. Just trying to find a suitable time where I can unleash everything here.

Man has attention seeking teething crypto colleagues

Balanciego:
Remitano is good but escrow groups is the best considering that remitano buy bitcoin from those groups. I know some Remitano guys that request for Bitcoin daily

Escrow groups can be dangerous.. Scamming is inevitable

tosyne2much:
Escrow groups can be dangerous.. Scamming is inevitable

Exactly, protect ur money at all cost, wen u loose it village is inevitable... Lmao

I really need training on this. I don't mind paying.. I find it so difficult to understand despite watching a lot of videos.

Balanciego:
One of the way to make money in cryptocurrency is through trading it. when I say trading it, it doesn't mean converting bitcoin to naira and vice versa.

it's about using margin to trade. Even if you don't have much capital. at least 50$ can kick start your way to financial freedom.

sign up on Bitmex and read a few article on margin trading. start your plan and follow the plan. simple indicators like SMA and VDUB can help you enter and exit trade.

since I ventured into trading. I have never made less than 200$ a day.