Im a total newb

[Hootch]

Does any of you guys Maybe have a good link to a toturial for bitcoin mining? It seems really interesting and is there places where you can actually use the coins you collect?

[DyGr00339]

There is a FAQ topic on this allready

[Guest]

Does any of you guys Maybe have a good link to a toturial for bitcoin mining? It seems really interesting and is there places where you can actually use the coins you collect?

There isa. FAQ

[Bonsai99]

Does any of you guys Maybe have a good link to a toturial for bitcoin mining? It seems really interesting and is there places where you can actually use the coins you collect?

Don't bother unless you are willing to spend $1000s on ASICS

[zxcvbnmmssdh]

Don't mine BTC, use LTC or others. Look here for most profitable: coinwarz.com

[helping]

Does any of you guys Maybe have a good link to a toturial for bitcoin mining? It seems really interesting and is there places where you can actually use the coins you collect?

Read all the FAQ's, there are a buttload of good youtube videos and Khan even has a full series on coin.

It will cover pretty much 95% of what there is to know.

[Kaon]

If you're a noob then i wouldn't think that you'll be going for the £2k+ ASIC machines so you'd be much better off trying Litecoin, or other Scrypt based coins.

 

Basically Bitcoin is very hard to mine on consumer grade GPU's due to the colossal difficulty, whereas Litecoin and coins based of the Scrypt algorithm are still very profitable for GPU's and should be for a long time. Litecoins are not as popular as Bitcoins right now so you can just convert your Litecoins to Bitcoins and then spend them.

 

Crypto badger have a great guide on hardware and setting up your rig.

http://www.cryptobadger.com/2013/04/build-a-litecoin-mining-rig-hardware

[defunkt]

Did you raid a woman's instagram for your profile picture?

[Hootch]

If you're a noob then i wouldn't think that you'll be going for the £2k+ ASIC machines so you'd be much better off trying Litecoin, or other Scrypt based coins.

 

Basically Bitcoin is very hard to mine on consumer grade GPU's due to the colossal difficulty, whereas Litecoin and coins based of the Scrypt algorithm are still very profitable for GPU's and should be for a long time. Litecoins are not as popular as Bitcoins right now so you can just convert your Litecoins to Bitcoins and then spend them.

 

Crypto badger have a great guide on hardware and setting up your rig.

http://www.cryptobadger.com/2013/04/build-a-litecoin-mining-rig-hardware

thanks!

[Hootch]

Did you raid a woman's instagram for your profile picture?

nope, it's my girlfriend (yes computer nerds get that 2) haha

[Toxic Tom]

Bitcoin is pretty easy to mine at http://www.middlecoin.com (because you are not actually mining bitcoin but mining altcoins and converting them to bitcoin) but elsewhere it is incredibly hard

[defunkt]

nope, it's my girlfriend (yes computer nerds get that 2) haha

She looks a fair amount older then 13..

[Hootch]

She looks a fair amount older then 13..

she's 14

[tobben]

Don't bother unless you are willing to spend $1000s on ASICS

you are talking to someone who wants to learn and doesn't seem to have much knowledge about this before hand, and probably doesn't know the difference beetwen sha and scrypt so that comment is very misleading, the op would probably have appreciated you elaborating further and writing a slightly more indepth constructive comment. 

[Hootch]

you are talking to someone who wants to learn and doesn't seme to have much knowledge about this before hand, and probably doesn't know the difference beetwen sha and scrypt so that comment is very misleading, the op would probably have appreciated you elaborating further and writing a slightly more indepth constructive comment.

thank you my fellow norwegian

[Evostatic343]

DOGE!