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Found 2 results

  1. A lot of people nowadays are into mining Cryptocurrencies, some do it on their PC's and Laptops while others use their Smartphones and Tablets just to earn a decent number of Satoshis, which for the uninitiated is what the smallest unit of Bitcoin is called, it was named after the Japanese who invented the Block Chain Technology. But it was proven that using this devices are not cost efficient, you'll end up spending more, than earning. Eversince the value of Bitcoin trippled last year, creating a boom in the Cryptocurrency market, I was watching closely and patiently. When the price surge by December of 2017 everyone jumped in and invest and now after a few months all traces of gains were suddenly erased when the price of BTC went down hard. The goodnews is, that I firmly believe that there's a big possibility that the price will again rise to new heights by the third and fourth quarter of 2018. Having said that, I'm doing my homework in researching how to build these so called mining rigs. And it dawned upon me that it ain't hard to create one, all I need are GPU's, Graphic Processing Units, Basically high end fast graphic cards which is used in playing high resolution video and computer games. So I need about 4 to 6 of those GPU's, also a good Mainboard and Processor, some RAM, applicable Power Supply, fans, riser, and a case which probably would be customized and I've got me a mining rig.
  2. I have friends mining coins by creating their own rig at home. I'm relay confuse on how mining works, correct me if i'm wrong the system is using your hardware capabilities to mine coins? can someone enlighten me? Any comments and suggestions are greatly appreciated.
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