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Bitcoins in Ottawa or Toronto

Big_jo

Member
May 13, 2014
101
5
18
Hi
Any crypto enthusiast over here on terb who are from Ottawa or Toronto. Would like to meet or chat about blockchain investment
 

shugs

New member
Dec 16, 2007
15
0
0
Did you already start investing? I just started by joining an exchange platform to buy and trade bitcoins. Where in toronto are you?
 

User 123

New member
Jan 21, 2017
318
4
0
I’m a casual mining hobbyist. I got a couple of Antminer S9s which have been doing very lately. They typically bring in around $60-$100 a day depending on the luck of the mining pool. There’s a Bitcoin Exhange based in Ottawa called Canadian Bitcoin where I sell my coins every few days.

You can message me if you want but like I said, I’m very casual and not super knowledgeable.
 

playa44

Member
May 6, 2010
66
0
6
I’m a casual mining hobbyist. I got a couple of Antminer S9s which have been doing very lately. They typically bring in around $60-$100 a day depending on the luck of the mining pool. There’s a Bitcoin Exhange based in Ottawa called Canadian Bitcoin where I sell my coins every few days.

You can message me if you want but like I said, I’m very casual and not super knowledgeable.
Hello sir. Would you have any web references on a guide to get started on mining your own? I know there's alot of information out there, but would be helpful to know what information helped you.
 

User 123

New member
Jan 21, 2017
318
4
0
Hello sir. Would you have any web references on a guide to get started on mining your own? I know there's alot of information out there, but would be helpful to know what information helped you.
Honestly, it's such a big and complex topic, there's no one article or video which will even cover all the basics. Here's a recent article https://www.finder.com/bitcoin-mining which goes over the basics. It's overall fairly negative and I don't nesscarly agree with everything they say. But at least it will make you aware of the risks.

Research topics such as, Blockchain Technology, Mining Pools, GPU vs. ASIC mining. YouTube is a great place to learn about this stuff.

I have it easy as I got a discount on the mining equipment and I'm not paying for the electricity.

To mine Bitcoin you will need an ASIC but if you want to get into casual mining now and having a gaming computer with a new and decent graphics card, try mining Ethereum. You won't earn nearly as much but it may partially subsidize the cost of a daily morning coffee.
 

theanswer08

Member
Aug 9, 2013
196
1
18
I recently signed up to coinbase and have been purchasing Bitcoins, Ethereum and Light Coin. Doing well so far :)
 

onceaday

New member
Sep 28, 2015
348
0
0
I recently signed up to coinbase and have been purchasing Bitcoins, Ethereum and Light Coin. Doing well so far :)
Start with Coinbase then migrate to GDAX (owned by Coinbase) where limits are higher and fees are lower. I prefer QuadrigaCX as it is Canadian based and easier to use imo. Lower fees also. Add XRP to the list of coins above to look at. G/L
 

Big_jo

Member
May 13, 2014
101
5
18
I am crypto investor based in Ottawa. Would love to meet or chat regarding bitcoin investment
 

User 123

New member
Jan 21, 2017
318
4
0
It's trading at 12.4k right now. I'm going to hold until it's back at 18.5k. It might take a while but I'm confident it will reach there eventually.

Back in December and January, just owning 2 Antminer S9s more than paid for a weekly session. Not anymore :(

I have 9 more miners arriving in a couple weeks. Kinda worried on how long the ROI will be this time.
 

NiceToMeetYou

Active member
Oct 24, 2010
719
206
43
I read from somewhere that the Bitcoin folks went to an exclusive cruise ship to Phuket Island in Thailand to celebrate their annual gathering or something. There was a key speaker in this event who is a founder or CEO of a large American technology company who is a supporter and advocate of Bitcoin. I didn't remember which company he found: Oracle, Tesla or something else maybe???
 

Chiroden

Banned
Mar 3, 2018
15
0
0
Yesterday my business partner asked me how to buy cryptocurrency and I told him something stupid. Now I would like to study the subject more thoroughly. I have found some sites specializing in cryptocurrencies and I must say that I still don't get it. Could anyone explain to me with simple words what cryptocurrency is?
 

TomFord1980

Well-known member
Jan 9, 2017
949
560
93
It's trading at 12.4k right now. I'm going to hold until it's back at 18.5k. It might take a while but I'm confident it will reach there eventually.

Back in December and January, just owning 2 Antminer S9s more than paid for a weekly session. Not anymore :(

I have 9 more miners arriving in a couple weeks. Kinda worried on how long the ROI will be this time.
Where do you buy your miners from?
 

NiceToMeetYou

Active member
Oct 24, 2010
719
206
43
Bitcoins are about to collapse. Good luck to the investors who bought them late in the game when they were thousands or ten of thousands USD dollars per coin. If you bought them when the Bitcoins were just ten or hundreds USD dollar per coin, then you may still doing well by selling them now because they will sink down further.

"Bitcoin Drops to $5,860, Lowest since October 2017. True Believers with Fake Hopes Got Cleaned Out by Early Movers"

https://wolfstreet.com/2018/06/24/b...h-fake-hopes-got-cleaned-out-by-early-movers/


 

DroppingItHot

New member
Apr 11, 2018
4
0
1
I am a miner but nowadays I don't live in Toronto anymore since I moved to Europe. Because of that I also sold my farm and started to maintain my cloudmining contract since the regular way is not available to me. These days I mine bitcoins with the help of hashflare and some codes https://cloudminingpro.net/hashflare/ for it since they make it a lot more profitable and easier to manage. If you would like to ask me anyhting about mining as a whole I wuold gladly answer your questions.
 

black booty lover

Well-known member
Oct 21, 2007
9,738
1,655
113
Bitcoins are about to collapse. Good luck to the investors who bought them late in the game when they were thousands or ten of thousands USD dollars per coin. If you bought them when the Bitcoins were just ten or hundreds USD dollar per coin, then you may still doing well by selling them now because they will sink down further.

"Bitcoin Drops to $5,860, Lowest since October 2017. True Believers with Fake Hopes Got Cleaned Out by Early Movers"

https://wolfstreet.com/2018/06/24/b...h-fake-hopes-got-cleaned-out-by-early-movers/



The people that bought in late were victims of "fear of missing out" syndrome. I never believed the value would hold or keep going up. It's not recognized as a legal tender so it can only have so much value.
 

probyn

Well-known member
Mar 4, 2010
1,052
155
63
Honestly, it's such a big and complex topic, there's no one article or video which will even cover all the basics. Here's a recent article https://www.finder.com/bitcoin-mining which goes over the basics. It's overall fairly negative and I don't nesscarly agree with everything they say. But at least it will make you aware of the risks.

Research topics such as, Blockchain Technology, Mining Pools, GPU vs. ASIC mining. YouTube is a great place to learn about this stuff.

I have it easy as I got a discount on the mining equipment and I'm not paying for the electricity.

To mine Bitcoin you will need an ASIC but if you want to get into casual mining now and having a gaming computer with a new and decent graphics card, try mining Ethereum. You won't earn nearly as much but it may partially subsidize the cost of a daily morning coffee.

How did you arrange not to pay for electricity?
 
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