Pages:
Author

Topic: MASS is profitable and Cheap to mine ... Here is why? - page 9. (Read 2597 times)

newbie
Activity: 36
Merit: 0
MASS and its PoC consensus algorithm has so much to offer.

Quote
In the PoC consensus algorithm, when a node submits a block to the network, it must provide a valid proof of capacity. Without the corresponding storage size, it is difficult for a node to generate an effective proof of capacity. At the same time, any node in the network can verify the proof. If the block data and proof are valid, the rest of the network will accept the block.
https://medium.com/@massnetorg/brief-summary-of-mass-a-new-blockchain-consensus-engine-21a08b23c857
newbie
Activity: 37
Merit: 0
MASS is good choice to mine few months back but since its enlistment on exchange its difficulty is now increased. Still you can mine this coin profitably but for that you need huge storage.   
newbie
Activity: 48
Merit: 0
But why did Mass prices go down so fast? after only 4 months and looking back now its price is only 0.13 $? Although listing on MXC is good it still can't keep the price, what is the reason for this?
anyway, i still want to experience this new algorithm.So can u share how I can join? I have never tried PoC implementation and have no experience.

MASS has great documentation https://docs.massnet.org/en/ , you can check this link to learn how to setup MASS miner. Apart from that you can join there Telegram to get exact detail about how to start mining MASS, there Telegram is @massnetorg.
member
Activity: 1155
Merit: 77
But why did Mass prices go down so fast? after only 4 months and looking back now its price is only 0.13 $? Although listing on MXC is good it still can't keep the price, what is the reason for this?
anyway, i still want to experience this new algorithm.So can u share how I can join? I have never tried PoC implementation and have no experience.
The coin price dumped because the profitable of crypto currency in the market it sometime not about concept but investors having confidence in the project and the level of support the coin gain from the community. Defi and top coins on CMC are currently the coins investors have confidence in.
sr. member
Activity: 602
Merit: 250
HEX: Longer pays better
But why did Mass prices go down so fast? after only 4 months and looking back now its price is only 0.13 $? Although listing on MXC is good it still can't keep the price, what is the reason for this?
anyway, i still want to experience this new algorithm.So can u share how I can join? I have never tried PoC implementation and have no experience.
sr. member
Activity: 1876
Merit: 318
After I learned about MASS tokens that offer PoC etablishes a consensus layer with energy efficient, I was interested in making
MASS as an alternative to mining. Because it only requires storage devices to start mining, making MASS more profitable.
And I'm sure I can get good returns from MASS tokens, especially seeing MASS's performance starting to improve.
newbie
Activity: 36
Merit: 0
I was reading about this project few days ago but due to confusions like mining process and also the tokens involved in the mass network i just skipped it because there were apparently 2 tokens and usually i do not like projects with multiple tokens its just makes things complicated so there should be one coin so that we could be clear about price and utilities.
There was a token esh who at first ran on the development of esh but later they came up with a new token like multiple. In addition, the price of esh increased a lot in the beginning but later it dropped a lot due to which many holders lost money. However I have less idea about the tokens in the list of op but I can say do good research then invest.

These are golden words "Do proper research before investing in any coin". As far as my knowledge is concerned about MASS, its doing good both in term of mining and at exchanges. Important thing is they are building a community to backup the eco-system.
full member
Activity: 1050
Merit: 100
Vave.com
I was reading about this project few days ago but due to confusions like mining process and also the tokens involved in the mass network i just skipped it because there were apparently 2 tokens and usually i do not like projects with multiple tokens its just makes things complicated so there should be one coin so that we could be clear about price and utilities.
There was a token esh who at first ran on the development of esh but later they came up with a new token like multiple. In addition, the price of esh increased a lot in the beginning but later it dropped a lot due to which many holders lost money. However I have less idea about the tokens in the list of op but I can say do good research then invest.
sr. member
Activity: 1386
Merit: 250
1XBit.com
There are many improvements required in blockchains introduced by BTC and Ethereum. MASS blockchain is there to over come shortcomings of its predecessors blockchain. The complete features are not possible to write here but it defiantly has better consensus algorithm.
It seems that this is a future blockchain strength that should be taken into account because there are many interesting features offered by mass blockchain that may not exist in BTC or ethereum today, moreover the consensus offered by mass blockchain is almost perfect if we compare it with features those on other cryptocurrency blockchains, and moreover mass blockchains have a fair and energy efficient consensus engine so that at least we can save some costs we spend in mining.
newbie
Activity: 35
Merit: 0
There are many improvements required in blockchains introduced by BTC and Ethereum. MASS blockchain is there to over come shortcomings of its predecessors blockchain. The complete features are not possible to write here but it defiantly has better consensus algorithm.
newbie
Activity: 46
Merit: 0
The main strength of MASS lies in its underlying consensus engine i.e. PoC. PoC makes MASS protocol robust in solving the blockchain problems. Its only because of PoC MASS has made mining decentralized.
newbie
Activity: 36
Merit: 0
which altcoins you mean the one I can mine with my phone


I don't know any coin that you can mine using your phone profitably but MASS is defiantly a good option if you want to start mining on your laptop. Its easy to setup and has also price value of around 0.30$.

Right now its on 0.70$ and still going up. It is one of very few coins that has seen such a positive start. I am predicting it will cross 1$ barrier in this bull run. If you have bought it at 0.20$ week back, you must have a party going on right now.

buying mass in exchange is the right decision because to get mass on mining is very difficult and requires very large storage. may take up to 10TB for solo mining.

There is no way one can ascertain HDD to MASS token ratio. If you see there telegram community, there are many miners still mining this coin. Grabbing MASS  on exchange is good idea  but we cant rule out the possibility that it can be mined profitably.
hero member
Activity: 2394
Merit: 512
Leading Crypto Sports Betting & Casino Platform
which altcoins you mean the one I can mine with my phone


I don't know any coin that you can mine using your phone profitably but MASS is defiantly a good option if you want to start mining on your laptop. Its easy to setup and has also price value of around 0.30$.

Right now its on 0.70$ and still going up. It is one of very few coins that has seen such a positive start. I am predicting it will cross 1$ barrier in this bull run. If you have bought it at 0.20$ week back, you must have a party going on right now.

buying mass in exchange is the right decision because to get mass on mining is very difficult and requires very large storage. may take up to 10TB for solo mining.
newbie
Activity: 36
Merit: 0
which altcoins you mean the one I can mine with my phone


I don't know any coin that you can mine using your phone profitably but MASS is defiantly a good option if you want to start mining on your laptop. Its easy to setup and has also price value of around 0.30$.

Right now its on 0.70$ and still going up. It is one of very few coins that has seen such a positive start. I am predicting it will cross 1$ barrier in this bull run. If you have bought it at 0.20$ week back, you must have a party going on right now.
sr. member
Activity: 1624
Merit: 261
Vave.com - Crypto Casino
I see a lot of the concept of this project out there, I've tried this but it's hard to get coins here even though it only takes up space but it seems to take up too much RAM and CPU, but different from projects like IDENA that I use in the signature, this project is also the same but it doesn't take up too much CPU power and can even use an ordinary laptop, but the price of MASS is also quite expensive
member
Activity: 669
Merit: 10
if indeed the price of this coin has a good value, it means that this coin is worth mining. especially by using algorithm technology. of course this is a good opportunity for all of us to mine this coin
I see this project has a bounty campaign, but no one seems to be interested in participating because the rewards are few. I am very interested in this project because it is a digging project that makes me feel very interested and is listed at two very famous exchanges. Hopefully, they will grow further, and everyone can make a small sum of money from this wonderful project.
sometimes we feel that we only see that a good project with the concept of excavation only gives a small reward to the bounty campaign participants. This is very inappropriate, this is why they are not supported by many bounty participants
Instead of following a project that offers a lot of prizes for a bounty hunter but that project does not develop and die, of course the price will also get worse, and the results are also a little, it's better to follow a good project and really tested about the price in the market, MASS a potential, you can buy if you have a money
hero member
Activity: 2394
Merit: 512
Leading Crypto Sports Betting & Casino Platform
You need a minimum of 2% of the total mass network storage capacity to get a lot of MASS from mining, it takes a lot of capacity to get MASS.

one of them is how to get MASS easily and does not require a computer storage capacity that is too large, you can allocate your funds by buying bulk tokens then staking.



2nd session MASS betting launched on 12 May. The details are as follows:

1. Standard entry: MASS 0.5

2. Estimated annual yield rate: 200%

3. Minimum lockout period: 35 days

4. Time for distribution of principal and yield: 1 day after opening

5. Unlocking time: it will be unlocked automatically when min. lockout period has ended.

CMIIW
full member
Activity: 815
Merit: 101
if indeed the price of this coin has a good value, it means that this coin is worth mining. especially by using algorithm technology. of course this is a good opportunity for all of us to mine this coin
I see this project has a bounty campaign, but no one seems to be interested in participating because the rewards are few. I am very interested in this project because it is a digging project that makes me feel very interested and is listed at two very famous exchanges. Hopefully, they will grow further, and everyone can make a small sum of money from this wonderful project.
sometimes we feel that we only see that a good project with the concept of excavation only gives a small reward to the bounty campaign participants. This is very inappropriate, this is why they are not supported by many bounty participants
newbie
Activity: 36
Merit: 0
which altcoins you mean the one I can mine with my phone


I don't know any coin that you can mine using your phone profitably but MASS is defiantly a good option if you want to start mining on your laptop. Its easy to setup and has also price value of around 0.30$.
hero member
Activity: 882
Merit: 540
I would like to try this kind of mining, year ago there is a coin who establish an HDD mining but i have no idea of this coin and also i forgot the name sorry for that. This one cough my attention and hope that you will provide the ANN if it is available. Thanks

Here is official thread of MASS https://bitcointalksearch.org/topic/mass-decentralized-hard-drive-mining-cryptocurrency-poc-low-energy-cost-5230593

There telegram channel is another great resource to know about MASS https://t.me/massnetorg

Did you mine this coin already? how many HDD will be needed if you want to start mining this coin? I would like to try, i have a spare HDD in my old pc i think that was a 3TB i hope this is good enough to stsrt, I just want to test the water.

I mined it in March 2020 and the reward was high at time since the coin was not on any exchange. Right now reward was gone down since coin now has good value on exchange. You can follow instructions here in order to start mining https://docs.massnet.org/en/getting-started/how-to-run-a-mainnet-wallet-node/
Pages:
Jump to: