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Topic
Board Beginners & Help
Re: How I can earn Bitcoin by confirming Bitcoin Transactions?
by
achow101
on 08/06/2016, 03:08:18 UTC
Anyone can know how I can find, earn, bitcoin by confirming transaction? Someone told me that I can earn bitcoin/money by just confirming transaction. Is that true?
It is called mining..Mining is not profitable for everyone.You will need a mining rig which is very costly.What are your electricity rates ? Your total profit can be calculated depending upon your electricity cost.Good luck!.
Mining will be only ptofitable if you have a bunch of referals who bought khs ,example on hash ocean...
But if you invested without any referrals,,you will need 1 -2 years to bring back what you have invested.
That is not mining. That is cloud mining, which is usually a scam. Actual mining is using computers (ASICs really) to hash block headers until the resulting hash is below a certain target. Actual mining is not very profitable without investing a lot of money into hardware.