How to start mining cryptocurrency, a guide on how I earn over $100,000 a year mining Bitcoin and Ethereum. How to mine BTC ETH ZEC!
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Antpool is currently more profitable than F2. I would recommend changing to 100%
I’ve been running 50/50 Antpool and F2. I got tired of switching back and forth lol
ok i will try currently i am at 50-50
Is there anywhere that shows the direct comparison?
This link will help you determine which pools a performing best and help with determining pool maximization? https://hashcoin.co/pool
yes, try this link https://www.bitcoinmining.com/bitcoin-mining-pools/
Yeah as of January 29, 2018 Antpool has been the most profitable Pool by 1 to 4% for the last 15 days in a row. If you don't care too much or have a large amount invested you can leave the setting as default but when you are on a small tight budget you need every penny you can get since the difficulty will only go up.
I’ve been using 100% Antpool for most of January.
What are you all pulling in per T/h?
It’s been low the past couple days but still higher than the other options.
Do you use a reinvest strategy or not?
You should only reinvest as long as the BTC price is equal or higher than the price it had when you made your initial investment. If it's nowhere near that price you are better off holding and waiting for it to go up or just holding and buying a new bigger contract when your current one ends.
I had been reinvesting up until bitcoin fell to 10,000as bitcoin value goes back up I will start reinvesting again. The value of bitcoin determines how much hashrate I can buy. I want to maximize the vale I'm getting as much as possible.
@mrbeags did you see the post below about determining pool maximization? https://hashcoin.co/pool
Thanks but the link doesn't seem to work!
Your projections deceased because the difficulty increased. HOLDL with antpool. It will pay off soon!
Thanks for this video.
I tried hashflare and crypterra.
Hashflare: so far so good. I started with $100 in sha, then $100 eth, then another $240 in sha. I m reinvesting my profits and everything seems to work right. My settings: 100% ap, 100% ep.
Crypterra: sent the money 1 month ago. I still haven't gotten ANY hash, nor any answer to my tickets and mail. They are probably just a damn scam. Stay AWAY.
Anybody has news about them?
Have you done a video on phone farms.
I would be interested to see this
Haven't tried hashflare yet but I have tried minergate and Electroneum Browser miner. As im just using a PC i built a few years ago my Graphics card isn't up for the big coins yet. Minergate is ok but the company takes to much to really make it worth it.
Coins mentioned in post:
I have been using hashflare so far and it has been working great! Thank you for the recommendation, I would say this on youtube but the chances of you seeing it is low.
Thanks for this video, good information as always!
Thank you for showing us this guide for Hashflare. Can you tell us what is a decent amount to begin with? Maybe 1k USD?
I begun with $110... you never know.
So far everything is going fine so i added another 220$.
If in a month everything keeps going good i will invest more.
If you are starting out start with as much as you are willing to see disappear. For me that was 2.5 TH/s or $550 USD. If you have $1100 USD I would suggest that as you would get 5 TH/s giving you a good starting point but again start with something you don't mind loosing tomorrow.
Profitability calculator:
https://www.cryptocompare.com/mining/calculator
A good run thru the basics. Very nicely explained. Have you looked at CCG mining?
Thanks for the mining pool tip! Will switch and see if that improves my profit! :)
@cryptocoinnewz please can you do more on this - perhaps about the expiration of the contracts vs reinvesting... ta!
Great Video, I really want to try out Hashflare, seems like a good thing to invest in once the market comes back and I can get a few bucks in profit from my alt coins.
I started my hashflare account after watching his first video on the topic. The returns seems to be well worth it at this point. Just wish I had more cash to invest. lol
Thank You for All the Helpful videos!! Im Definitely Interested in mining, just seems really confusing??
Check out the daily returns here. It lists the BTC per TH for each pool and then suggest a best pool setting for each day.
https://hashcoin.co/pool
Thankyou for sharing this, I've been thinking about cloud mining for a while. I'm going to start putting some of my profits each month into mining to help towards a steady income.
dfs coin and upfiring reviews
Definitely might consider one day mining and even day trading when have more time. For now though will hold!
Looks like they are charging fees in $USD or some other fiat currency and taking payment in $BTC, my maintenance fees are approaching 38%.
Check out the trends on my Hashflare account after the first 31 days... payout trending down while fees are up, up, up....
https://steemit.com/cryptocurrency/@martyman/hashflare-trend-for-the-first-31-days