Saturday, 16th January 2021
home Videos How to start Crypto Mining / Mining Beginnings – is it worth it?

How to start Crypto Mining / Mining Beginnings – is it worth it?

New video every Tuesday! Today I am sharing my thoughts on how to get into crypto mining and also my own beginnings.
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Please note that this is a tech and mining channel – this means that if projects are mentioned in videos, this is done because of their technical side or because I am sharing experiences. This is in not in any way financial advice (or a buy tip) etc

#cryptocurrency #cryptomining #cryptocurrencymining


20 thoughts on “How to start Crypto Mining / Mining Beginnings – is it worth it?

  1. Even with a few devices at your own the hosting service at some professional facility is cheaper than it would be if you were mining at home. For example, you can check Teslawatt Facility.

  2. I mine Pi Coin on my smartphone (Pi Network app available for Android and iOS) because they seem legit and claim to be the first coin that may only be mined exclusively with a phone. You do not need powerful hardware to mine, only time connected to the internet, so anyone with a phone may mine. They are currently releasing coins while in the beta phase of 1 year. One can accumulate coins fast right now (I've mined close to 40 in 24 hours), but you need an invite code to join the program, you may use mine: cpalaniuk

  3. Watching Sha256, and Scrypt mining becoming more centralized I for one am glad for what Monero, Vertcoin, and Digibyte are doing for the home miner.. Litecoincash had a somewhat revolutionary idea and proves to be more than proof of stake as you could loose it all if you don't know what you are doing Hive Mining.. I hope Monero sets the trend for most new cryptos as Loki has adopted randomX and it work exceedingly well..

  4. Nice Vid I started off buying a single tube innosilicon a4 136mh/s scrypt miner for $400 at the time mostly paid in LTC. needless to say I got scammed as the prices came down after the 2017 runup. Looking forward to Monero switch to RandomX as bitmain will release its 3nm chips to the pubilc right before the bitcoin halving of May 2020.. That company already has the 5nm up and running which is why most miners of sha256 are making a marginal profit..

  5. Hello Cursed man thank you for the learning video. You are right. Starting out small and working your way up is the best way to go. Unlike me i through everything into it at once and starting to feel like i did to much from the start. But if you are wanting to start a mining farm and got the money i guess they say Take the risk right. Anyhow great video I can't wait into the next one.

  6. Cursed Mining, nice video. I agreed with you. Start with gaming pc, workstation or anything that we already have. Then learn what is the best miner to use, how to bios mod, undervolt, overclock and proceed from there. Personally i don't have farm. All my small rigs have mix of gpu ( rx560, rx570, rx580, 1060, 1660 etc etc ). I don't really care about profit. For hobby.

  7. Awesome video great advice as usual. It’s always good to start with what you have and then go from there especially trying out some of those offers like you said minor gate nice hash honey minor they’re all great places for anybody to start and learn and then you just go from there and you get to meet really cool people like yourself and red panda and other minors on YouTube and and discord channels

  8. I want to go bigger scale I currently have 1 rtx 2070 but my electricity it 0.18 USD kwh I'm not sure if it's worth getting more gpus due to such expensive electricity. Advice?

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