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I'm new in bitcoin mining. I would wish to mining to make some profit. I have just talked to someone and he has told me I can partner with him to use his miner. I have some bitcoins ready with me and before I get started I want to know how I will configure wallet to his miner. What should I share with him and lastly how will I know that it is configured? I'm trying to avoid being conned
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What should I share with him
Nothing, because
I'm trying to avoid being conned
See for example
I invested with a man who said he can mine me btc ... he then says I need to deposit another 950usd
How can I get a private key for this address
I invested my bitcoins in someone's miner ... Now for the key he wants me to pay him $500
my money gone from wallet scam
one trader miner told me that he would double the btc and do minning. i did the i gave access online to my wallet blockchain . later a big scam. my money disapper from wallet and a watch only adress linked created and the my entire btc transferred in to it
A guy ... told me that I can mine for bitcoin ... Within half an hour my wallet was empty.
I've been asked to share wallet credentials to participate in mining. Is that a scam?
I've been approached ... claiming that they would be able to increase my bitcoin by linking my wallet to their miner.
2What you have described is almost certainly a scam, the likes of which has been reported here many times before. Wallets DO NOT need to be 'configured for mining'; that is not how mining works at all. DO NOT share wallet id, login, private keys, mnemonic seed, etc with him. You will lose your bitcoins. – chytrik – 2018-05-07T19:40:05.010