Crypto mining discussion board

[Sreeven]

8 minutes ago, Raithu_bida said:

 @Piracy Raja

already eth setup  chesa YouTube videos chusi inka profitable amana vunte chustuna 

Profit vaste cheppu. Eth ekkuva coins ravatam ledu and profits kuda peddaga levu ani chadiva

[k2s]

8 minutes ago, Raithu_bida said:

What is mining of crypos??

which is profitable at present scenarios???

how can we set up mining on our personal laptops??

can we use mobile phones for mining also??

@afdb_sai and @MOD23 pin this 

if you are serious - read on.. 

Join a pool of miners, open ledger (collection of transactions book keeping anuko) untundi.. andulo every transaction verify chesinanduku neeku incentive istharu... its profitable only when you verify large number of transactions. ala speed ga verify cheyyali antey.. S7 miners etc dedicated hardware machines dorukuthai. avi koni.... nee machine ki tie up cheyyali.. 

not every one can do that transaction verification, adi verify cheyyali antey.. oka encryption puzzle istharu... adi evaru first solve chesthey vallu win the bid to verify that transaction. so transaction verify chesindanku neeku <1% incentive istharu... and you pay some to pool owners. mana laptops lo antha CPU mem undadu.. fast ga scalable model to earn more money antey you have to invest in decrypters/mining hardware. 

search in internet , many videos and blogs are there on this... above content is just summary in 4 lines