Topic: Is your RIG still running? Profitable? - page 2. (Read 2620 times)

scroll scroll scroll.. mega bullshit propaganda

bagholders spouting bs .

i did some checking 3 days ago now and scrypt-n (Vertcoin) was a hair under 3x more profitable to mine than Dark coin was..
and factoring market values and trends i can safely say Darkcoin is on the high side price wise and VTC is on the low side.

people don't know what the hell they are taking about.. facts are facts

many of the guys that commented here ignored when i had posted this info before and showed up here spouting X11 bs
even though they just acknowledged what i said previously.. they play dumb about it lightning fucking fast !

OP i hear ya jeez i am in the same boat my profit mining alts have been slaughtered
and you can take my advice over others because i am honest about it and don't suffer from fanboyism like most douches around here
and i have been doing it all far longer than the majority of these guys and experience counts !

for your situation, do i mine or not ? you gotta look at the current and future market value of the alt's and whether it's likely they are going to explode in value later
and like i just said i think Dark coin is on the high side compared to VTC being lower (scrypt-n vs x11) market price wise
and i think that is the majority is being fed X11 bs lol

i think we're tied to Bitcoin too so look at the bitcoinwisdom values lately and right now it just hit 420 and i went and looked at cryptsy and my investment is even lower..

don't take advice from noobs that know fuck all you'll regret it

There is simply no point to ever mine at a loss. It simply does not make any sense. You may as well buy the coins you would mine at a loss.  

Sell most rigs, keep one or two for the 1 in 100 half decent prospects that may come out.  Use the funds to buy coins you believe have a good chance of appreciating.

The bubble has burst, now we just wait for the next jump, my predictions are in the 1800-2600$ range.

It's a gamble really.

It's true, lol. Don't let the FUDsters put you off, that is exactly what they want to do. It's so you don't get the huge profits that they'll get.

This game has been taken from us by the big guns. Expect deception and corruption at every turn, but always hold, coz they won't beat us!

K.

i stopped since its summer. too costly to fire up the miner + aircon at the sametime add to the injury that all coins are going down with bitcoin
i advise you to just invest directly

Remember the old saying. "Can't go broke making a profit".

You just hit the nail on the head. If mining for income is no longer profitable, then mining the altcoin with most promise will be the way to play. Pick an altcoin on the same basis that a shrewd speculator would, and mine-and-hold.

Funny how all roads in Altcoin Town end at Speculation Square 

+1 hiro coin was a ninja launched scam coin. That coin was ninja launched and instamined by dev and his pals.

Avoid it, the huge amount of easy coins has gone to a few people that are trying to pump that junk.

if you think hirocoin will be next DRK, you're wrong

My rig runs on electricity. Whether or not mining is profitable depends on user input.

Obligatory "And so it begins.." post 

Hiro coin X11 is the answer! Try it... You'll be amazed.

You may also want to look here till it isn't so popular i think that it will grow alot b4 or throught summer:
https://bitcointalksearch.org/topic/anngrs-groestlcoin-1st-to-activate-segwit-building-lightning-network-525926

- Undervolt the cards
- See if your power company offers a contract where it costs less during night and weekends.
- Avoid mining scrypt or scrypt-n, if the gains are minimal vs X11, keccak, hefty, etc...

But then, I don't mind mining at a (small) loss. I'm slowly converting fiat to cryptos, without exchanges or ID validation

nicely said, i love the scene and what it can possibly achieve - i do it coz i love it

K.

I sold my small rig operation and am waiting on some scrypt ASICs ... if you're really doing it for ROI and not fun/hobby
mining is mostly a gamble.  Who knows in 6 months what the price of BTC/LTC could be?

I'm not making as much as two months ago. Now with the new ASIC Scrypt Miners are out, I mine my 3.2 mh/s on either X11, HVC, Myraid or any profitable non-Scrypt coin. These non-Scrypt/non-Scrypt-N algos are pretty much less heat producing and less power hungry. Also, I cpu mine XPM.

Now my rig is running for one of two purposes:

1st: Mining new algo coins to hold them in long term.

2nd: Mining coins for BTC to invest in some PoS coins - it's cheaper and easier to pay electricity bill than moving FIAT on some BTC exchanges.

I had a PC, but no money, and no way to buy, even if i wanted to - I've done really well out of it, so i'm sticking to my methods.

K.