Anyone tried CryptoTab? Are you mining? If yes then why (is it profitable)?

FutureICOs

full member

Activity: 449

Merit: 100

Quote from: pleght on March 22, 2018, 03:07:18 PM

I think your mining is still profitable.If you have enough knowledge, I do not think you will suffer.All you have to do is do good research and build community properly.

Absolutely it is very important to do proper research and only then it will be possible to make money from mining. I am putting complete effort into this, as I consider it seriously rewarding and strongly feel it is going to be awesome in future.

awawo

member

Activity: 406

Merit: 13

For now no am not mining bitcoin or any other altcoin because I don't have the needed to go into mining for now e.g constant electricity supply and well advance technology and mining equipments if I have all this I don't think any thing will stop me from going into mining because mining farm is most lucrative aspect of the cryptocurrencies.

sindikat

full member

Activity: 364

Merit: 106

I'm sorry about the people who agree to install this extension. It will not give any income but can seriously harm the security of your computer. In order to earn enough coins you need to understand what power your computer should have. In these applications, it receives income only its Creator.

FutureICOs

full member

Activity: 449

Merit: 100

Quote from: Moneyversac on March 22, 2018, 02:22:08 PM

What are the benefits?

i always questioned myself: why invest in mining, when you simply can invest in crypto for the long therm?

I hope somebody can answer my question Grin

No benefits really. I am not in favor of mining AT ALL. Unfortunately, MOST people are not reading what I mentioned. I am NOT in FAVOR of mining, but this thing here https://goo.gl/nmFzQa is fabulous. Especially If you are having referrals then you could make merry through it. I am already making fair amount through referrals.

pleght

full member

Activity: 252

Merit: 100

I think your mining is still profitable.If you have enough knowledge, I do not think you will suffer.All you have to do is do good research and build community properly.

FutureICOs

full member

Activity: 449

Merit: 100

Quote from: suvo05 on March 22, 2018, 12:40:41 PM

Quote from: FutureICOs on March 22, 2018, 08:44:11 AM

I am sure many people here must be mining Bitcoin or some other Crypto, if so then why? Is it profitable? If no then why no? My personal view is that it’s no longer profitable due to various reasons.

But I have just found https://goo.gl/nmFzQa - it is FREE while allows you to do mining and got 10 level deep referral systems, so do you think this is worthy? And is it not better than mining by our self?

Will love to hear people’s view!

It's a Google Chrome extension which you have referred. It may connect your PC to the mining pool and use you PC power to mine bitcoin and if it still gives you the 100% of the BTC mined from your computer power then you will not be in any kind of profit.
My advice is just stay away from those kind of extension else it will secretly use you pc power without rewarding you. If you want to mine then start it professionally.

My question is what is wrong with it? I mean, If it's running in the background with me doing my regular activities without having any impact, then why is it not good enough? You said that if you want to mine it then start it in a professional way, but I am sure you must be aware how EXPENSIVE it is to do so.

bitcoinmaniac52

sr. member

Activity: 532

Merit: 250

Presale is live!

I am not mining. Since there is a limited amount of bitcoins to ever be in existence and about 18 million of that has already been mined it is significantly harder to mine bitoins because the supply is almost running out. Hardware needed to mine now cost more and also the amount of power required for mining is too much which is just more expenses. Investing and holding is much better to me.

brkttlv

jr. member

Activity: 896

Merit: 9

i don't mine because profitability is highly unlikely and i don't have proper pc system. i really meet cryto world very lately, maybe if i know these markets i would try to mine but in these years not likely.

BossMacko

hero member

Activity: 1134

Merit: 502

I was before but i decided to stop mining because it was not profitable to me, cant even break even with the electricity cost. I think the reason is i don't have high end mining rig. I tried many coins to mine before like Bitcoin and Burst coin and it didn't end well because of my mining rig.

FutureICOs

full member

Activity: 449

Merit: 100

Quote from: Wulanayu on March 22, 2018, 12:28:14 PM

I think mine is the most profitable because it is certain every day we get and we take pains to spin our brains, although must have a large capital cukuo.
currently I have not mine because I do not have enough capital, maybe a year or two more I will start mining because I see we are more comfortable to mine than work.

That is bit strange though, I mean, is it not getting tougher day by day to do mining? So, 1-2 years will be too much I believe. Anyhow, let see how it works.

Quote from: danaga on March 22, 2018, 12:34:28 PM

I am not mining as I do not have much patience to wait for returns. My friends are doing it though and they are doing good.

But what's your take on using what I mentioned above, as it just runs in the background not requiring you to make any effort.

Mister1k

hero member

Activity: 896

Merit: 520

Quote from: FutureICOs on March 22, 2018, 08:44:11 AM

I am sure many people here must be mining Bitcoin or some other Crypto, if so then why? Is it profitable? If no then why no? My personal view is that it’s no longer profitable due to various reasons.

But I have just found https://goo.gl/nmFzQa - it is FREE while allows you to do mining and got 10 level deep referral systems, so do you think this is worthy? And is it not better than mining by our self?

Will love to hear people’s view!

Obviously mining cryptocurrencies are always profitable. There are plenty of ASIC mining and high level hash rate giving cards are been introduced in the market from the past one year in high range.
I own the Rx 470 10 cards and profit is around 200 USD and more for this month. I have very less electricity cost so there is no problem while the market condition bad as well. There is a difficulty problem occurs all the time. So I swap to different to mine on that time especially.

FutureICOs

full member

Activity: 449

Merit: 100

Quote from: bozo333 on March 22, 2018, 12:19:12 PM

Quote from: FutureICOs on March 22, 2018, 08:44:11 AM

I am sure many people here must be mining Bitcoin or some other Crypto, if so then why? Is it profitable? If no then why no? My personal view is that it’s no longer profitable due to various reasons.

But I have just found https://goo.gl/nmFzQa - it is FREE while allows you to do mining and got 10 level deep referral systems, so do you think this is worthy? And is it not better than mining by our self?

Will love to hear people’s view!

Mining platform is a depends on the electricity. In your country support to mining they give cheap electricity it will really more profitable investment or your country against in mining platform do not invest your money it is the two possibilities of mining platform and another problem also happen in future because day by day update everything so future we need to change new graphics card otherwise we are not survive continuously in mining platform.

Here, I think it's fairly cheap in my country, but the equipment are too expensive. Ultimately, It is just not profitable enough to me. But this thing that I mentioned CryptoTab is FAR better because it is kind of FREE. If you can bring referrals then you can get passive income without doing much at all.

Moneyversac

newbie

Activity: 4

Merit: 0

What are the benefits?

i always questioned myself: why invest in mining, when you simply can invest in crypto for the long therm?

I hope somebody can answer my question Grin

FutureICOs

full member

Activity: 449

Merit: 100

Quote from: tegarp90 on March 22, 2018, 12:11:34 PM

I'm mining in a cloud mining site.
Yes it is profitable, but in a long term of investment.
Also it depends to the price of bitcoin also. if the price is high, we'll get our capital return quickly.

Can you tell which website? And what is the cost?

Also, what are your views about this CryptoTab - https://goo.gl/nmFzQa

As I don’t think it is a bad option at all, at least nothing to lose here. I am using it and feel good while getting on referrals, which has increased my earning.

Cryptalking

member

Activity: 120

Merit: 10

Riding Whales to the Moon!

I thought about mining for a long time myself. I also talked with friends who are also involved in Crypto to maybe collaborate and do it together. But after a while we realized that it wasn't worth it around that time. Im talking about 6 months ago, at that time the electricity bill would have bin crazy

burner2014

hero member

Activity: 952

Merit: 515

I did not do mining at all, or did not came up to my mind at all, yes I do love bitcoin but not to do mining as it will take you a lot of money to put up, and I don't have much money to do so, besides I just have little house, so it is not possible to do mining here.

FutureICOs

full member

Activity: 449

Merit: 100

Quote from: bit-freedom on March 22, 2018, 12:08:12 PM

I am not mining because it is not profitable for me. The electricity cost in where I am living is expensive and make no sense to mine.

Another factor is the maintenance of the equipment. So I think, buying the coins directly will be a better option for me.

I agree. It's the same mindset that I got. I don't think it is worth it with so many expenses that come along. That is why I wanted to know about CryptoTab, as this is FREE. I mean, as long as you are using the computer, it will be enough.

Johnny Lgz

newbie

Activity: 84

Merit: 0

I do love to mine but I don't have proper equipment for that and I can't maintain my account to be online for almost twenty four hours a day.

daarul50

legendary

Activity: 1596

Merit: 1034

Yes, I am doing mining activities but I am not mining bitcoin because it is limited to capital to build a bitcoin mining rig so I build a rig to mine another coin because mining the coin is much more profitable than mined bitcoin with difficulty that always goes up every time. Why do I prefer to mine? Because the results I get from mining directly I trade in the marketplace and are mostly exchanged for the more profitable coins in the near term and the profits are partially used to pay the mining costs.

FutureICOs

full member

Activity: 449

Merit: 100

Quote from: The Alchemlst on March 22, 2018, 12:04:01 PM

I don't mine because of a lot of reason but not because it is not profitable. Mining is profitable despite mining bitcoin become multiple times harder compared to how bitcoin is mined few years ago. Mining can be an efficient source of income but would need a lot of resources in order to operate.

If you allow me to understand things little better. Have you stopped doing mining or you have NEVER done it? As until this is an answer, it will be hard to understand things. Anyhow, what's your take on this https://goo.gl/nmFzQa (CryptoTab).

Topic: Anyone tried CryptoTab? Are you mining? If yes then why (is it profitable)? (Read 213 times)