Author

Topic: Inform me about cryptocurrency miners. (Read 277 times)

legendary
Activity: 3248
Merit: 1179
May 20, 2019, 07:59:38 AM
#15
I wouldn`t invest in cloud mining, too high ROI. Better try with some CPU mining and maybe you can do more than cloud mining. I didn`t try any for a long time, my experience with cloud mining services is very bad, they usually run away before first payout.
Better save some money and buy some good card and try to mine with GPU, if you plan to make any investments, in long run that`s far more better, and profitable.
copper member
Activity: 420
Merit: 2
Is this your first time of going into mining or you have been mining other coins before but this time round you want to go into cloud mining. Provide more information about your knowledge in mining so that members here can know where to start from.
full member
Activity: 627
Merit: 103
mining cryptocurrency with cloud mining is very risky because with high costs for a long time you have to keep sitting in front of the screen to monitor your mining because if you fall asleep then your money is gone.
That's a problem what happened to most of the cloud miners! Though cloud mining is profitable than GPU for some cases, but the convenient mining process is GPU mining!
legendary
Activity: 2450
Merit: 1047
If you provide more info, we can help you better.

If you're into cloud mining, take a look at this article:
https://cryptodailynews.online/best-cryptocurrency-cloud-mining-companies/

If you're into GPU mining, check this one out:
https://bitcoinminingsoftware2019.com/windows/

I've tried two fo the cloud mining site in those list Eobot and Minergate, Eobot used to have faucets it's good for newbies to start accumulating coins and Minergate has very good software to mine the highest profitability coins, but they are not good if you compare them to trading and bounty hunting, you still need a high specs hardware to mine effectively on both sites.
legendary
Activity: 2366
Merit: 1408
I suggested you to forget about cloud mining, if you use the logic, you will see it`s not worth

And about mining in general, unless you have a cheap electricity in your country, this is not the best moment to mining
legendary
Activity: 3752
Merit: 1415
I wouldn't get into cloud mining.  For one you need to have real good rates on electricity otherwise it is probably a non starter for mining just buy the coins you want to mine.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
mining cryptocurrency with cloud mining is very risky because with high costs for a long time you have to keep sitting in front of the screen to monitor your mining because if you fall asleep then your money is gone.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
Welcome to the mining world. First it will be wise you know exactly what you are getting into; that is what mining is all about, the benefits, issues, cost of electricity etc.
Secondly, if electricity cost is friendly in your location, then forge ahead and get mining equipments (can't advice on cloud mining).
Also, you need to know the type of coin you want to mine, so as to get the adequate equipments and guidelines as there are privacy coins like Monero which can be mined using GPU as well as CPU. So the coin you want also determines the mining equipment you are to get to an extent. 
jr. member
Activity: 240
Merit: 2
Before taking up a decision to mine, you should first analyze the various cost associated with it. Power cost, maintenance cost etc. Mining is still profitable especially for the newer already trading coins.
hero member
Activity: 1498
Merit: 597
Hi there,
I want to mine my cryptocurrencies. So, I want to know know about the cryptocurrency miners.
I need cloud miner to mine.
So, if anyone knows tell me about it.

The only advice i can give you is : please do your own research, get some basic knowledge about mining, google can be your best friend in this case Wink
Let me help you a little bit to type in your question into google search Smiley Click HERE for detailed instruction

I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ? WHY MY EARNING IS LESS THAN ALL THOSE ONLINE CALCULATORS TELLING ME? WHAT IS THE BEST COIN TO MINE ? WHAT IS THE MOST PROFITABLE COIN TO MINE"

No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money and time !
You have to make a decision for yourself !
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
No one can tell you what is the best coin to mine !
No one can tell you what is the most profitable coin to mine! Coins profitability always changing, what is best to mine today, maybe going to be the worst to mine tomorrow !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
None of those online calculators calculating pool luck !
None of those online calculators calculating your stale/rejected or invalid shares !
None of those online calculators able to predict difficulty growth !
None of those online calculators can predict what would be the coin/$ exchanges rates a minutes later, a hour later,  tomorrow, next week,  months later, 6 months later or a year later !
It's little bit of gambling , you must to decide you want to play on the lottery or not  Grin
YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold they coins , miners...

! INVEST ONLY WHAT YOU'RE WILLING AND ABLE TO LOSE !
! INVEST WITH THE UNDERSTANDING , THAT YOU COULD LOSE EVERYTHING !

hero member
Activity: 1596
Merit: 534
"I need cloud miner to mine."

What does this mean? If your trying to get into cloud mining, you will be better off investing directly into the coin of choice.

The only time I've made off well from cloud mining is through Genesis-mining due to the last crypto-skyrocket Eth/XMR where I purchased the contracts for cash. Other than that - it's pointless to use crypto to buy cloud mining contracts. And don't use sub-par companies promising high roi - too many scams.

Now, if you just want to rent someones mining power cause your electric company charges arms & legs, Check out - miningrigrentals.com - they have everything your looking for. Sometimes you can get a deal and make profits.

Over-all, it's probably wiser and likely funner to own your own rig.

hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
Hi there,
I want to mine my cryptocurrencies. So, I want to know know about the cryptocurrency miners.
I need cloud miner to mine.
So, if anyone knows tell me about it.
https://medium.com/@cryptoweek/mining-101-a-step-by-step-guide-to-starting-your-own-profitable-mining-operation-6e154cd01a3d
that looks like a good guide for you but for your information if you wanna profitable in your mining and i thought use asic miner will be very profitable rather than GPU. some parties have created comparison and ASIC still give a lot of profit for asic miners.
sr. member
Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
For you to want to go into mining i belive you have idea on cryptocurrency already.  Mining is profitable to some and to others is just a waste of time. Before you go into mining you need to know more about the token you want to mine, check your electricity consumption cost to know if after the crypto mining you will still be in profit.  And lastly make sure you have the right miner to avoid unnecessary stress
newbie
Activity: 76
Merit: 0
If you provide more info, we can help you better.

If you're into cloud mining, take a look at this article:
https://cryptodailynews.online/best-cryptocurrency-cloud-mining-companies/

If you're into GPU mining, check this one out:
https://bitcoinminingsoftware2019.com/windows/
newbie
Activity: 392
Merit: 0
Hi there,
I want to mine my cryptocurrencies. So, I want to know know about the cryptocurrency miners.
I need cloud miner to mine.
So, if anyone knows tell me about it.
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