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28937715 No.28937715 [Reply] [Original]

crypto newfag here, how do i start mining low value coins(so i'll actually get some when payout)
all the mining software looks either completely bogged down with a retarded UI and no settings or it's just a commandline .exe witn no /h, no help file attached, nothing

i just want to mine some dogecoins dammit, google finds some pools but no mining software
i'm really feeling like a tech iliterate boomer

>> No.28937817

>>28937715
dont waste time mining, just swap
doge is best mined with asic which is expensive, you'll be lucky if you break even.

>> No.28938187

Also newfag here.

Would be buying a small amount of shitcoins (roughly $500) and then staking it for some time, be worth it?

>> No.28938217

>>28937817
no, you dont understand
i want to mine the coins, not buy em

>> No.28938323

>>28938217
no you don't, you only think you do. Once you work out your yearly losses you'll lose interest in mining

>> No.28938472

>>28938323
i do not pay electricity, and even then the 30W isnt gonna be a big deal
i want to mine some coins and have them

whats the fucking point of crypto if all of it's going through the 2 centralised sites
i'll say this again, how do i mine the fucking coins, i will not pay money to trade for them, i want to mine em

>> No.28938526

>>28938472
just look up "how to mine [coin]" and watch a youtube video or something jesus christ

>> No.28938762
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28938762

>>28938187
hi newfren, yes. just make sure you buy a shitcoin that has LIQUIDITY and maybe has been around for some time- like top 50 coin? the idea behind staking is for the coin to go up in value and for you to make small gains with your stake. I'd grab something like SNX, UNI, BNT, LINK, etc. something defi.

>>28938472
>whats the fucking point of crypto if all of it's going through the 2 centralised sites
other anon is right.. you need to do a lot of research on gpu prices (spoiler alert: gouged), power consumption, etc. also, ETH is moving to PoS in 2022.

>> No.28939044

>>28937715
>all the mining software looks either completely bogged down with a retarded UI and no settings or it's just a commandline .exe witn no /h, no help file attached, nothing
its an iq test and you failed it.
>i do not pay electricity, and even then the 30W isnt gonna be a big deal
30w? bwahahahahahaha!!!1!!
omg...
just for the lols, what gpu do you have you mongrel?

>> No.28939200

>>28937715
Google Nicehash.
You get paid in BTC for the same value of shitcoin you can mine.

>> No.28939242

>>28939200
Also it's easiest to use perfect for newfag wwho can't be bothered to do some research like (You)

>> No.28939284

>>28937715
Mining shitcoins means you're not going to see profit at all, especially since most of the shitcoins you refer to are Ethereum tokens, which can only be efficiently mined with dozens of thousands of dollars worth of GPUs working in tandem. The same goes for Bitcoin. Mining for anything profitable these days means having at the very least 250 mini headless PCs with solid GPUs running 24/7. If you want to just mine something for fun, try Garlicoin. You can mine a few a day on a semi-decent CPU or GPU. The thing is, Garlicoin is worth a fraction of a fraction of a cent. Good luck!

>> No.28939820

>>28939200
>paid in btc
but i dont want to be paid in btc, since the tx fee is like 20 shekels and i dont plan to mine for 10 years

>>28939284
thank you ill try this

>> No.28939982

>>28937715
There are coins that are profitable to mine with a single decent gpu, but why would I make this information public and possibly decrease my income? Recent influx has already decreased my coins/24h dramatically...

>> No.28940055

>>28937817
doge is an amazing coin, i love this coin!!! lol!

>> No.28940114

>>28938472
Whattomine.com
Right now is probably the worst time ever to try and start mining if you dont already have the equipment. Gpus can not be bought at retail, only on ebay at 2x. You still can make money but it takes alot longer to break even...
Me, two gpus last gen gpu paying 11 dollars a day.

>> No.28941044

>>28937715
why are you worrying about mining and all the shit that you're doing wrong when you could arbitrate for real justice on Kleros and be doing something GOOD for the world for a change instead of the random ass shit you think you're doing with your life from your grandma's basement looking up how to mind shitcoins from her old laptop?

>> No.28941443
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28941443

>>28937715
>too retarded to figure out mining
ngmi

>> No.28942795

New miner here. pay attention

you don't want to mine. If you do you are retarded but do some proper research. You're years late for Doge. You can buy a scrypt and SHA256 miner to get things started.

If you got extra laptops and computers start mining monero and firo. This will give you pocket change for lots of electricity. You may think your parents dont care but when you use $50 of electricity for $5 of shitcoins they'll begin to question your dumbass.

Lastly

Buy gun grade earphones. Your family doesn't want to fucking hear it. You better hope you are living in a basement.


If you made this thread and dont mine shit ngmi. You already did the first step wrong. Just quit now.