Bitcoin Mining

How do people Bitcoin mine? I always hear people making 1000$ and crap off it I want to know how please if anyone knows please explain it to me! Thanks.

you need to pay attention before you get it. you can only find the name by asking such a forum do your search very well
edit :Is it wrong?

You can do cloud mining or buy a gpu rig to mine yourself.

20-10-2017, 10:26 PM

meow10026 Wrote: How do people Bitcoin mine? I always hear people making 1000$ and crap off it I want to know how please if anyone knows please explain it to me! Thanks.

Dont get into it man. Reason being is that BTC mining cost more in electicity and equipment that what you mine. Go look on amazon for mining rigs and you see that most of them cost 1200+ and only make 200 or so a month. That is if it runs 24/7, then with the cost of electric to run it and make sure it doesnt overheat. It will take you a year or so to break even.

Thanks for the great answer Dark-Titan. I had also wondered about the software needed and profit margins on a bitcoin mining venture. Now I know its not worth the effort. :(

21-10-2017, 05:44 AM

Matic Wrote: Thanks for the great answer Dark-Titan. I had also wondered about the software needed and profit margins on a bitcoin mining venture. Now I know its not worth the effort. :(

It used to be worth the effort years ago when not everyone did it. The only way its semi profitable now is if you join a BTC mining cloud group and even that can rough. Depending on how much you pay to get into the group you might make 50 a month or a few hundred. But to make a few hundred its about 200 a month. So not sure if its worth it or not.