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  • #16
    What's the method with the least commission associated with buying BTC?

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    • #17
      • Coinbase: Buy bitcoins in the United States, Europe, Canada, or Singapore.
      • LocalBitcoins: Buy bitcoin anywhere with available sellers for cash.
      • Kraken: Buy bitcoins with SEPA transfer in Europe.
      • Can also just meet people in person, hand over cash, and receive the equivalent in BTC with no transaction costs. LocalBitcoins facilitates this sort of thing as well.
      Please read the forum rules before you post.

      And if you need extra help:
      Modee Tech Support

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      • #18
        Have you tried mining Bitcoins? I found a program called Asteroid you can download and start mining, is it that simple?

        Also, do you have a Bitcoin wallet on your Mac?

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        • #19
          I use a certain wallet, online one, that has worked well for me and no problems.

          Mining isn't what it used to be although I suppose with prices over or around $1000. again it might be picking up.

          Without your own dedicated hardware, unless you are paying for cloud mining (where you essentially rent the hardware), you won't get anywhere with mining. It's not enough to just download the software and run it in the background on your computer or laptop that you use for other tasks. To be both cost effective and make anything worth mentioning you need some hardware dedicated to mining with corresponding CPU power, but at the same time, you will need to weigh the hard cost of the hardware along with the soft costs of electricity to figure if you're making anything in the end. (By the way - bandwidth isn't much of an issue, but processing speed/power IS.)

          Bitcoin and Litecoin mining with Asteroid for Mac | ZDNet

          Most of the big companies that used to sell BTC mining hardware have disappeared or gone to renting out cloud based hardware. A client of mine was looking into starting one of those BTC mining hardware companies, with a corresponding investment of millions, but the bottom more or less fell out of mining, in 2014 (as BTC prices dropped), just as he was thinking of making the plunge.

          If you really want to do BTC mining, I have completed all of the research, both a few years ago and again recently, to determine where to get the best, fastest and most cost effective equipment, physical or cloud based, so consider hiring me to consult on it before you spend the requisite big bucks to do it right. As BTC prices get high again, the scammers who were out there bilking people of money for BTC hardware are returning.
          Please read the forum rules before you post.

          And if you need extra help:
          Modee Tech Support

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          • #20
            Just roughly, if I leave a laptop running 24/7, how many Bitcoins can I expect it to mine me over what period?
            Or would 1 Bitcoin/year be equal odds to a lottery win?

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            • #21
              Run it on your laptop for a month and let us know.
              Please read the forum rules before you post.

              And if you need extra help:
              Modee Tech Support

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