Topic: Mining Altcoins ? - page 2. (Read 1913 times)
I think mining altcoins, now is not the best idea, the profit will not cover all the costs and spending..I think you should pay attention to other mining methods, such as POS(if you have nothing to do)...but in any case, now mining is not profitable
I don’t believe it would really be worth the electricity.
If I was to mine, I would mine Bitcoin.
Unless you had access to a huge amount of renewable energy!
If I was to mine, I would mine Bitcoin.
Unless you had access to a huge amount of renewable energy!
Hey guys,
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
Well I think it really depends on where you are currently residing. Because electricity and the temperature of where you are living can be major factors in mining. So if you are living in country where the electric bill is expensive, and with the current price of altcoins, you'll be in loss.
And also depends on the condition of the market, and also the altcoins that you want to mine.
If next year the crypto is like what happened now it's obviously not worth it.
Just do mining altcoins in the right time that you can get profits.
Mining is no longer profitable, big companies are so strong and you cant competite with them. Also the price of altcoins is so cheap,so you will not be able to sell your altcoins for a better price like a year before.
Hey guys,
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
Well I think it really depends on where you are currently residing. Because electricity and the temperature of where you are living can be major factors in mining. So if you are living in country where the electric bill is expensive, and with the current price of altcoins, you'll be in loss.
Mining now does not justify the funds that have to be spent on it. I think that soon mining will completely disappear, because of the change in the protocol.
Hey guys,
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
There are two kinds of mining PoS and PoW. I think you will be interested in PoS I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
Thanks Hey guys,
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
Well, I think it's a good discussion, but I haven't really mined altcoins yet. there are some alts that can be in the mine that I know. maybe you should try to learn it first in order to be sure of every opportunity you will get, and if it is more feasible for bitcoin maybe bitcoin is the only best option
good plan, for now you must choose what hardware will u use for mining.
and for coin you can check at whatomine site, for coin with best profit for your miner.
good luck
and for coin you can check at whatomine site, for coin with best profit for your miner.
good luck
You better trade cryptocurrency at Bittrex and Binance.
You can't trade every day and I recommend for Altcoins stock because now the value is low and buy it at the lowest price.
everyone who searches for coins with mining complains because of the declining value that caused a small profit for this year, many miners are starting to stop the miners and start joining by trading because in low market situations it is very easy to make profits through trading. You can't trade every day and I recommend for Altcoins stock because now the value is low and buy it at the lowest price.
You better trade cryptocurrency at Bittrex and Binance.
You can't trade every day and I recommend for Altcoins stock because now the value is low and buy it at the lowest price.
You can't trade every day and I recommend for Altcoins stock because now the value is low and buy it at the lowest price.
Why not? It seems to me that this is quite a normal activity, because lately the main projects that require mining start to become not profitable, so I think that very soon everything can change radically.
I think it's a great idea, and it's a good time, and I think it's a good time to invest in the future, but know that you're going to have to be patient, because it's going to take time.
I still believe that mining is the safest way to earn money till this moment. I think that people who don't want to trade or be so 'active' here will choose mining as the main way of deal.
If we understand the current financial condition, I make sure I don't agree with mining.
But surely also from mining it produces a coin and we also have to look at the cost of electricity and computer maintenance.
Mining was a mainstream not so far but its popularity is so low now and I think that it is used now only by people who are there for so long time. I am sure that the risk of this doing is the lowest but the profitability is not so high at all.
I still believe that mining is the safest way to earn money till this moment. I think that people who don't want to trade or be so 'active' here will choose mining as the main way of deal.
I have told many of my friends who have mined altcoins. profit is very small and capital costs are very large. he suggested to me to become a trader
Hey guys,
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
Mining altcoins is a very profitable thing if you have a very cheap electricity. You invest once in the equipment, and then you start to mine your alts. However, you should be ready to be in profit not very soon.
In my country, operators are gradually selling their VGA cards, as it is no longer profitable. This prompted me to think about the 2014, when Mt.Gox was hacked but after a few years, people still exploit to profit as a job. So why do we sell it now?
I think it's better to buy coins and use the funds that were going to invest in mining, as now the prices are very good, and the extraction of coins now gives a very small profit.
If you want to mine Bitcoin it's very difficult for now, because the competition is tight and lots of cool hardware.
Ethereum might be my advice for you because with Ethereum it's still open for every cryptocurrency mining.
Ethereum might be my advice for you because with Ethereum it's still open for every cryptocurrency mining.
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