Crypto currency mining

[ulfilias]

Originally Posted by moltuae

You don't need to be able to send international payments to buy BTC (well, not from Bittylicious anyway). You just need to be able to send instant bank transfers (aka 'Faster Payments'). Once you commit to purchase on their site, you're given the bank account details of a UK seller to send the payment to.

Just bought a small amount 0.01 BTC to check and see how it all works. It's pending but looks good. I wonder what's that in pizza percentages

I was more mentioning Revolut as it's useful if you do need international bank payments etc!

If you're considering getting started in mining, I think it's better to start small. Just grab a profitable graphics card, install NiceHash, enter one of your BTC addresses and start mining. You won't make any huge profits but you'll get a feel for it with minimal risk. If you decide mining is not for you, there's a good chance you''l be able to sell any graphics cards you bought for an amount similar to what you paid for them.

If I had a PC that I could install something in, it would help. The work PC is an old Core2 duo and the last time I really played with PC hardware at home it was for home cinema stuff and that's probably way out of date. I use a HP micro server as a media unit with a custom linux distro which is probably my newest thing besides my laptop and they're not really recomended!
Mobile devices do most my tech needs these days!

Mining can be fun and worthwhile but, depending on your situation, it can sometimes make more sense to simply invest in cryptocurrencies. For me, mining makes sense for a number of reasons: I can claim some of the equipment costs as business stock/expenses, I can make use of the heat generated and I (partly) have access to free electricity at my customer's premises (with their consent of course!).

I do in that sense have an office i could put something in, getting close to winter and this place could use some heating