By "POS" you mean piece of shit mining, yes? That's about all mining is any more unless you're willing to dump millions of dollars/euro/pounds/yen/yuan into an operation that offers the scale big enough to earn a profit.
Ok, kidding aside, proof of stake mining does sound interesting and a great way to combat the 51% threat and potentially make bitcoin mining accessible to "the rest of us" but I couldn't find any info on the web about profitability. Maybe you should give it a shot and then let us know how profitable you are...keep us informed via posts here.
Topic: Is POS Mining Profitable? - page 2. (Read 5680 times)
Can have some profit depending on the coin. Some coins do pay a % of the coins you have and do it fast, but at the same time those coins lose value in markets and you end up having lest total value.
Get informed about coins before, and mostly, you have to have lots of coins to make a decent profit.
Get informed about coins before, and mostly, you have to have lots of coins to make a decent profit.
Depends on the coin and the algorithm. I tried to mine, harvest and forge for various POS coins and there were only two which are really worth it if you do not have a big coin stake. NEM and BitcoinDark.
Yeps this should in the altcoin section
Staking POS can be profitable. However, it is a bit like investing directly in altcoins. It is very risky and it could just be that you won't make ROI whithin an acceptable period.
Staking POS can be profitable. However, it is a bit like investing directly in altcoins. It is very risky and it could just be that you won't make ROI whithin an acceptable period.
Yes this would be better suited for altcoin section. But to put it simply, mining POS coins is like earning interest on the amount of coins you have in your wallet. Interest earned is in the form of new coins, or fractions of coins.
It can be profitable, wouldn't hold my expectations too high though.
It can be profitable, wouldn't hold my expectations too high though.
it will be better if you moved it in altcoin section
i think there will a lot of people can answer your question there
i think there will a lot of people can answer your question there
How do u mine a PoS coin ? As I understand, PoS is already mined. If mining happens, it is PoW.
It is too hard for me to mine bitcoin for many reason such as the price of miner hardware, the difficulty of bitcoin, and many others reason, alternate of this problem is that i have to do mining by staking the pos altcoin, but there is a problem here because i dont know pos mining is profitable or not, mah be you all guys here have an exleriences with staking pos coin, please i need your help!!!
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