QUOTE(Gotmz @ Dec 4 2013, 03:06 PM)
please guide me regarding btc minig
Thank you for your question
It's rather a hard question but I will try to do my best to answer it in short but clear way,,,
But note that You can avoid all that technical stuff and let professionals mine for you 24/7/365 when you sign up to CEX.IO
and purchase some Ghashs,,, You will be saving much on power and setups too
Now, What is mining Bitcoin?
Mining Bitcoin is just like issuing US Dollars or any other currency,
When the Bank of America wants to issue some dollars, they first check that there's enough reserve so they can let new banknotes into the market. The same with Bitcoin,,, but there's not a single authority have control over Bitcoin and there 's also no reserve,,, it's all backed by TRUST built by people who accept it as a currency,,, And everyone has the right and the possibility to take part in issuing Bitcoins through mining.
Now how can You take part of the process of issuing Bitcoins (Mining Bitcoins)?
You can't personally,,, it's machines work,,, if You own a machine that is capable of doing the arithmetical work needed efficiently and fast enough then You can start mining Bitcoins.
PCs can do this work but they require special specification because CPUs cannot do that work all alone,,,
GPUs can !!!
IF you have a GPU (VGA card etc.) of a good quality then your PC can mine Bitcoins efficiently.
For a list of cards and comparison of their efficiency please refer to this chartGPU Mining hardware
There are also USB Bitcoin miners available in the market,,, made to do just this mining work.
Now, what is the factor that determines the efficiency of the mining hardware?
The HASHRATE,,,, this is the speed at which you can solve the maths and thus finding a valid block to be included in the chains. The more hashrate you have the likely you are to find the valid blocks and be rewarded the 25 Bitcoins for your work.
Can I mine alone?
Yes, You can,,, but it's not rewarding anymore because there are other people mining too and they are all doing the same work you do,,,, the quicker the better and get's the reward
This is why You should consider joining a mining pool,,, we work together and we share the rewards.
If you check the block chain,,, you will notice that CEX.IO
is finding most of the blocks and gets most of the rewards for the Giant hashing power they own,,, and I'm really happy to be part of this cloud mining pool
I hope I explained everything you needed to know and I will be glad to answer any other question you still have about mining Bitcoins