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Topic: invest still profit? - page 2. (Read 1046 times)

hero member
Activity: 1274
Merit: 516
August 24, 2017, 02:02:24 AM
#11
I think mining alt coin still profitable but it does contain greater risks because you really need to choose the correct alt coin to mine, but to make profit in mining you need a lot of things to consider like the electricity and the price changing of the coin, if you really commit and got money you can try it
sr. member
Activity: 462
Merit: 250
August 24, 2017, 01:42:04 AM
#10
hey guys i just wanna know still worth invest in equipment for mine altcoins?
It depends because there are so many things to consider as you need to know how you can maintain the earning in mining and how mining will work for you with the estimated profit that you may get on it. you may think also the amount that you need to pay in your electricity unless you are using a solar panel to run your mining rigs.
full member
Activity: 376
Merit: 101
August 24, 2017, 01:08:24 AM
#9
hey guys i just wanna know still worth invest in equipment for mine altcoins?
Mining still have profit, but it very small and don't better than investment to trading altcoin or hold Bitcoin, even choose some ICO project for investing to them. For me, in recently mining really bad choice if you have good money for investment.
legendary
Activity: 1946
Merit: 1137
August 24, 2017, 01:05:52 AM
#8
hey guys i just wanna know still worth invest in equipment for mine altcoins?

mining altcoins is usually dependent on what you mine. most people invest in GPUs and mine GPU mining coins. and the most famous one of these use to be ethereum and because of its difficulty, fast blocks, huge block reward and also the pumping price, mining it became very profitable. so it was good to buy equipment so far for mining.

but the difficulty is higher, the pump stopped, and to top it all, they are killing the PoW and with it mining.

in other words if you can find another coin that is pumping with a lot of noise, or has a more solid price and can easily be mined then invest. otherwise i say investing in mining at this point is not worth it.
legendary
Activity: 1246
Merit: 1000
August 24, 2017, 12:57:22 AM
#7
hey guys i just wanna know still worth invest in equipment for mine altcoins?

It is not very profitable to invest in mining equipment for altcoins. In most cases, you can buy the alts off the market with less money than the cost of electricity for running the miner. This is not even considering the capital cost for mining equipment.
sr. member
Activity: 301
Merit: 250
In Crypto We Trust
August 24, 2017, 12:47:18 AM
#6
hey guys i just wanna know still worth invest in equipment for mine altcoins?

Not much profit at the moment, I rather investing coin/token with POS or DPOS
full member
Activity: 199
Merit: 100
August 24, 2017, 12:19:09 AM
#5
 Grin no.. but invest to sell equipment for mining is profit. u don't have too much risk. if they dont buy to mine then u can sell to gamer
legendary
Activity: 1932
Merit: 1003
August 24, 2017, 12:13:10 AM
#4
hey guys i just wanna know still worth invest in equipment for mine altcoins?

I have stopped mining over a year ago.  It was worth it for me at the time because I would only mine coins that were new when the difficulty was low.  I also held onto them until the price was right instead of just dumping them immediately when they hit the exchanges.  Sometimes you hit a diamond and your coins are worth a lot of money.  Sometimes you end up with junk coins that aren't even listed on any exchanges. 
sr. member
Activity: 574
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 24, 2017, 12:06:52 AM
#3
hey guys i just wanna know still worth invest in equipment for mine altcoins?
You should post this in the other thread, mining(altcoins) I think. I think that mining alternative coins is still profitable but I can't really tell that because I am not really mining. But I can tell you what my friend told me. It is still profitable but it needs a lot of money to start a system.
full member
Activity: 327
Merit: 101
August 23, 2017, 11:56:07 PM
#2
There are a lot of points of view. But people who have already bought the equipment, continue doing it.
If not, maybe, it's better to take into account bounty campaign? You'll get altcoins for investing your time, energy, knowledge and nothing more
member
Activity: 79
Merit: 10
August 23, 2017, 11:37:34 AM
#1
hey guys i just wanna know still worth invest in equipment for mine altcoins?
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