Topic: How stable mining is? (Read 149 times)
Getting something for free isn't always strictly true there will be a catch somewhere along the line. If you want to mine you have to invest in either a asic or gpu mining setup. Atleast then anything you mine is yours.
There are several scam sites hiding under cryptocurrency mining. They Post fake earnings and testimonials in order to lure innocent people in and steal their money. Mining on its own is stable if you happen to leave in a country where electricity is very cheap. Otherwise, you may not even recover your investment.
Most mining sites are like that, and give a deposit requirement if they want to withdraw the results, and I think you'd better mine yourself by buying a mining device.
Now, its just many people have a negative point of view on my name because it pays in low amount and it takes a lot of time to mine something. Just as your normal computer is not powerful enough to mind anything so you will need investment but they are not stable because as more and more days passage the Bitcoin difficulty will keep rising and which leads you to earn some less amount every day. So after 2 years hardly you have to update your mining Rig to invest in it even more.
probably like a faucet, and I think it is a scam. and even a lot of cloud mining that does not provide advantages or scams such as hashocean cloud mining, cloud mining hashflare, and even there is also cloud mining with ponzi system.
mining bitcoin itself is better, but if you do not have big capital, you can use cloud mining. but not cloud mining a scam or ponzi.
BitClub is a mining service provider, BitClub has several mining farm locations in europe, cold weather conditions being a good place for mining.
with a minimum capital of $ 500 you can already enjoy the mining results.
mining bitcoin itself is better, but if you do not have big capital, you can use cloud mining. but not cloud mining a scam or ponzi.
BitClub is a mining service provider, BitClub has several mining farm locations in europe, cold weather conditions being a good place for mining.
with a minimum capital of $ 500 you can already enjoy the mining results.
Mining is the most stable when you physically own the miners yourself. Now is the time to grab one while they are cheap. It simply takes a 220v line, that every house has equipped, and internet connection. Then you have yourself set up for a long term investment.
When the market is bearish,mining wouldnt profitable but if th market is int bullish trend im sure those bounty hunters are going to get high rewards.It depends on the market situation,and on the coin which you have been mining.I am not an expert in mining but as far as i am concern as long as the coin are going to be profitable there will more stability in the whole market.
If you took time to read he actually got scammed by phony cloud mining.There are lots of mining sites which gives free coins but you cannot withdraw. How true is this one? I cannot even withdraw what I mined. How to learn more from mining?
Don't even bother with online mining, if you don't know how minng works or how to actually mine using actual rig, forget it.Too many scam mining nowadays, it's too risky for you if you don't know how to avoid them.
There are lots of mining sites which gives free coins but you cannot withdraw. How true is this one? I cannot even withdraw what I mined. How to learn more from mining?
Those sites are a ripoff as they first give you free mining power and then ask you money to reach a certain level before withdrawal and most of the times you never reach that limit for making a withdrawal. This is a pretty great idea of ripping off people and it also works most of the times. If you are having your own mining hardware then mining would be pretty profitable for you but cloud mining is not worth the risk.
When the market is bearish,mining wouldnt profitable but if th market is int bullish trend im sure those bounty hunters are going to get high rewards.It depends on the market situation,and on the coin which you have been mining.I am not an expert in mining but as far as i am concern as long as the coin are going to be profitable there will more stability in the whole market.
Depends on the coin which you are mining,for example the market has dumped,all of the coins are down including ethereum which is the coin that i am currently mining,the value of bitcoin affects these altcoin which is why the mining fees would be much cheaper if the bear market has come giving less profits to those miners.
Are you talking about cloud mining? If so than let me warn you that most of these kind of websites are running ponzi schemes and looking for new users so they can payout the older customers from the money they get from new users. But if you are talking about doing mining with your own hardware than let me tell you that it is pretty safe to mine on your own.
There are lots of mining sites which gives free coins but you cannot withdraw. How true is this one? I cannot even withdraw what I mined. How to learn more from mining?
Mining sites that give free coins? Like cloud miners? Whatever is it, it is probably a scam or Ponzi. It's never a good sign if you can't withdraw your earnings. That would only make sense if your earnings/holdings are less than 10k satoshi.
There are lots of mining sites which gives free coins but you cannot withdraw. How true is this one? I cannot even withdraw what I mined. How to learn more from mining?
Sites that are offering mining aren't really mining, that's why you can't withdraw anything. If you want free coins, use a faucet, or look for a giveaway on the forum. Sites that are offering free mining are always scams. They will make you think that you have some free coins awaiting and that you have to pay a small fee to upgrade the account first to be able to withdraw. You pay them and it's gone
If you have a good mining software and a cheap electricity is cheap then mining is good and stable, some countries including in my country has an expensive electricity. So I better not do mining. 
it depends on your netwprk and depend on your hardware.. high speed internet and high quality hardware has a big income potential.
it does have fluctuations but the deviation of fluctuations isn't that bad, its manageable!
If your bitcoin mining is successful and stable, you will earn a fair amount of money. But this is not easy at all. Bitcoin prices are reaching the threshold so netizens are hunting software bitcoin. You need to use most of the power of the computer to perform calculations for the blockchain of the virtual currency, contributing to the creation of new block blocks for the blockchain. From there you will be paid a fixed amount of virtual money.
However, whenever I withdraw the coins I have mined comes the difficult transaction and takes a long time. How can I find legit mining sites? Mining is pretty stable..as long as do due diligence and mine only legit coins. It's a bit slow, but a sure way to make money. Just make sure to invest in mining hardware during the bear market as it's way more cheaper then because the profitability drops.
However, I find it much difficult to withdraw what I have mined and I do not know the reason. Is there any other mining site for me to find and can provide mined coins in a fast time? 
If your bitcoin mining is successful and stable, you will earn a fair amount of money. But this is not easy at all. Bitcoin prices are reaching the threshold so netizens are hunting software bitcoin. You need to use most of the power of the computer to perform calculations for the blockchain of the virtual currency, contributing to the creation of new block blocks for the blockchain. From there you will be paid a fixed amount of virtual money.
Mining is pretty stable..as long as do due diligence and mine only legit coins. It's a bit slow, but a sure way to make money. Just make sure to invest in mining hardware during the bear market as it's way more cheaper then because the profitability drops.
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