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That age is gone when people used to mine using GPUs. Now in the world of powerful ASICs , GPU dont even stand a chance. In Bitcoin mining you will get nothing using GPU mining rigs , you need ASIC miners. ASIC miners from BITMAIN will cost you something between 1000$ to 3000$ , they are currently sold out too. You can mine altcoins like Eth , Monero etc etc using GPU Mining rigs which will cost something 1500$+. So the first is buying a hardware,You can refer this list of Mining Hardware along with the payback period. Second you need to setup this hardware. Third , you need the Mining Program installed in your PC . Fourth , You need to joing mining pools and start mining. Alternately , You can venture into Cloud Mining , they offer huge hashrates and you can buy them. Cloud Mining is hassle free , you don’t need to worry about hardware , you don’t need any technical expertise. All you do is throw money and count your return. But remember one thing , you wont get great pro...

There are a few parameters you must take into consideration here: The difficulty of the coin you want to mine; The market value of the coin; the pool where you mine the coin at and the reward system of the pool; your hardware; your power costs; the miner you use to mine; the drivers of your GPU(s); The amount of money you spent on your GPU(s) These items will determine wether mining is profitable for you or not. There are a few things you cannot control like the difficulty, market value and your power costs. Do a lot of research about the other items, especially about your GPU’s. It starts with the question wether you choose a GPU from NVIDIA or AMD, as some coins are better mined with NVIDIA GPU’s whilst others are preferably mined with AMD GPU’s. Paying too much for your GPU(s) will make it hard for you to get a ROI, which makes it harder to get profitable in time. You should also note that it’s not always a smart move to look at which coin is profitable n...

You have probably been hearing a lot about bitcoins, but largely clueless about what it is. Knowledge about “digital gold”, as bitcoins are often referred to, is still at a rudimentary stage in India. Towards that end, let’s find out what bitcoins are and their relevance to our country. What are bitcoins ? Bitcoins are probably the best-known cryptocurrency. You can use it for payments without any third party involvement like the government, bank, or a market regulator. Consider bitcoins like a big ledger shared by several users. When you pay for a product or service with bitcoins, or get paid, the transaction is entered into a ledger. Computers, using complex mathematical equations, compete to confirm the transaction. The winner is awarded more bitcoins. The process is called “mining”. But don’t get trapped into it. Only the computer geeks get their coins this way. Bitcoins are electronically converted to long strings of code having monetary value. What’s the point?...

The Different Types of Cryptocurrencies Although there are technically over 1000 cryptocurrencies, only a handful are relevant. Of those, even less have a market cap above $1 million. Below is a list of important cryptocurrencies and additional resources you can use to learn more about all the different cryptocurrency types. TIP: This site was created in 2015, but here in 2017 things have really evolved and change (and thus presenting a list of cryptocurrencies went from a reasonable thing to do, to an impossible task for a site that doesn’t have this as its main focus). For a list of essentially all current cryptocurrencies check out CoinMarketCap.com. The list below will focus only on some top coins that have made it through the years or that are particularly relevant today. List of Top Cryptocurrencies 2015 – 2017 To start this page off, let’s first take a look at the top 10 or so cryptocurrencies of 2015 – 2017 to get a sense of which ones have stuck around and which o...

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems. It’s the first example of a growing category of money known as cryptocurrency. I would like to highlight on the investment part. How can you invest in Bitcoins ? Directly buy Bitcoins Invest in Mining Bitcoins How to buy Bitcoins ? In India, currently Zebpay and Unocoin are the two best apps. According to Zebpay , daily more than 2500 people opening account. That is incredible feat . You can buy bitcoins through IMPS/NEFT/RTGS from an Indian Bank Account. Current price Rs.1,55,564. Alternately you can buy Bitcoins from International Exchanges like CEX.IO ,Lake BTC , HitBTC , VirWox using your Credit Card / Debit Card / Wire Transfer / Paypal / Skrill . Price 2150$ ::== Rs. 1,25,0...

Bitcoin is the first global, decentralized currency that allows you to send money from one person to another without involving a third party broker, such as a bank. You only need your computer or mobile phone to make transactions because Bitcoin is fundamentally a software. As a decentralized currency, Bitcoin isn’t controlled by anyone. It’s open so that anyone can benefit from it. You might think that the lack of control could mean chaos, but that’s not true at all. That’s because Blockchain, the technology behind Bitcoin is one of the most accurate and secure systems ever created. I feel that the future of bitcoin and blockchain is bright and has an upward phase. these are becoming increasingly popular among the masses as they are easy to understand and very portable, being digital equivalents of cash. Blockchain and Bitcoins will surely outperform all expectations and will truly be a key segment of the market by 2020-2022. The Bitcoin has been making significant gain...