What is the best bitcoin miner for beginners that will still generate a profit on bitcoin?

[Caali]

Well, like i have recommended earlier for people in the past few months, mining use to require you having hardware and large gpu/cpu and combined with antminer, But with the assistance off efficient tech guru in crypto, You can now mine just by own a smartphone, a dedicated wallet and active subscription to mining bot; which is the main thing..

 

[WhiteHouse]

The benefit of Bitcoin miner for an individual or business relies to a great extent upon the expense of power/electricity that they approach.
Some foundation on electrical force and energy. Electrical energy is regularly evaluated by the "kilo-watt hour", abridged kWh, and this is additionally how most force organizations charge power.

 

[Shayo]

Do people still mine bitcoin these days. I think bitcoin mining is a total waste of time and resources especially if you plan to mine on site that promises mining rewards. They are mostly scams and they will end up wasting your time without paying.
Bitcoin is less profitaless now more than ever. If you want to earn through mining, then look into the new emerging coins.

 

[Holluwaphemmy]

I am not sure there is any app or platform that mines bitcoin. Crypto tab is a platform that mines bitcoin but you have to leave your mobile data on in order for you to mine. It consumes allot of data and the mining rate can be somewhat slow

 

[Smithkid]

Well, like i have recommended earlier for people in the past few months, mining use to require you having hardware and large gpu/cpu and combined with antminer, But with the assistance off efficient tech guru in crypto, You can now mine just by own a smartphone, a dedicated wallet and active subscription to mining bot; which is the main thing..

 

[BrolySSJ]

Well, like i have recommended earlier for people in the past few months, mining use to require you having hardware and large gpu/cpu and combined with antminer, But with the assistance off efficient tech guru in crypto, You can now mine just by own a smartphone, a dedicated wallet and active subscription to mining bot; which is the main thing..

To be honest I don't think that you would be able to make much easier to mine from your smartphone because in order to mine a sufficient amount of cryptocurrency you need to be able to have a high cpu power on your device. However smartphones in general don't have a very high cpu power and therefore you will see very low returns on your mining Ventures and it could actually end of damaging your smartphone in the process as well.

 

[Dowenship]

Well, like i have recommended earlier for people in the past few months, mining use to require you having hardware and large gpu/cpu and combined with antminer, But with the assistance off efficient tech guru in crypto, You can now mine just by own a smartphone, a dedicated wallet and active subscription to mining bot; which is the main thing..

But have you been able to make profit out of it. Like I mean the rate at which you min with smart phone can't be compare to that large CPU, and most of this mining bot takes very long way before your satochi or whatever u are mining become real deal.

 

[Cee C Chriss]

If you want to truly benefit from crypto currency, you will have to think about the long term investment. Short term investment will give you little profit. The best strategy to benefit from crypto currency is to hold them for at least 5-10 years. In 2015, bitcoin was $400, now it is $33K. Look at the price growth in just 5 years.

 

[mayreeh38]

So a high CPU power is needed for you to mine. But even at that I think there is little to gain from it. You best enjoy your investments when you have left them for a long reasonable period of time before requesting. Bitcoin and other cryptic currency also depreciates sometimes.

 

[Nicklas22]

Mining of Bitcoin is very stressful and it takes a lot of time and sometimes you might min for hours and you won't even get more than $2, it's very frustrating to min Bitcoin
But I will advise the beginner to use crypto browser

 

[Adeyoola7]

Back to Bitcoin mining. Possibly the most mass produced Bitcoin Miner, the Antminer S9 made by Bitmain, consumes around 1400w (+/- 10%, there are a few submodels that use more or less). It hashes the SHA-256 algorithm at 14TH/s on average.

 

[Chumzy]

I think it will be very hard to get a profitable miner in terms of Bitcoin. Maybe for other coins yes but for bitcoin that will be difficult. The cost of electricity is always going to be a big problem in most countries.

 

[Ridorz]

Bitcoin mining is a totally wasting of time in my own view, because it is very hard to earn a just $1 some time you may not earn reach one dollar, you will just be wasting your time data on it. I have tried many of Bitcoin mining platform but I can not earn what worth my efforts.

 

[Patrik]

i don't advice you to start mining as a beginner on mining rigs first, give Bitcoin mining USB's a try, they a extremely cheap (around 30 bucks worldwide) and they can be used to learn mining on them, once you feel that you learned enough, you can invest on mining rigs

 

[Victor001]

I regretted minning bitcoin, i had to opt for monero just to see if i could generate passive income, using my phone alongside my Pc, though the phone do crash because of the energy.i was able to use laptop but the returns was far less compared to my input. Its not advisable to do mining except you have the capital and a good GPU.