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Topic: Mining profitability (Read 1429 times)

member
Activity: 103
Merit: 10
July 20, 2014, 11:48:24 AM
#22
I want to thank you all for your contributions. I will pack up the idea of mining alt cryptocurrency.
legendary
Activity: 3248
Merit: 1070
July 20, 2014, 11:46:57 AM
#21
instamining is profitable(but is random and require some luck, recent good examples which i missed or bad nodes, keycoin/conceal/pesa), regular mining isn't
legendary
Activity: 1400
Merit: 1050
July 20, 2014, 11:39:48 AM
#20
Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC.
Please advice me.


Thanks!!
nope go away  Grin  Wink
(actually the more people mine them, the less profitable they are... so your question is a tricky one...  Grin)
member
Activity: 103
Merit: 10
sr. member
Activity: 266
Merit: 250
July 20, 2014, 11:18:48 AM
#18
Nothing.

"The only winning move is not to play."
member
Activity: 103
Merit: 10
July 20, 2014, 11:14:14 AM
#17
Only ASIC manufacturers can make money from mining.
And buying altcoins is like playing a slot machine.
Good luck.
What do you advice I do?
sr. member
Activity: 266
Merit: 250
July 20, 2014, 11:10:25 AM
#16
Only ASIC manufacturers can make money from mining.
And buying altcoins is like playing a slot machine.
Good luck.
member
Activity: 103
Merit: 10
July 20, 2014, 10:47:15 AM
#15
Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC.
Please advice me.


Thanks!!

Not profitable at all, I believe it is worse then sha-256 asic right now..

Any ideas on any profitable scrypt cloud mining service?

That depends on your electricity price. You can't just pick up something and say "this is profitable".

Yea. That's why I'm here for guidance. Could you guide me or recommend any service?

Well, what is your electricity price? I need that for calculations.

I have free electricity.
hero member
Activity: 798
Merit: 1000
July 20, 2014, 10:08:35 AM
#14
Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC.
Please advice me.


Thanks!!

Not profitable at all, I believe it is worse then sha-256 asic right now..

Any ideas on any profitable scrypt cloud mining service?

That depends on your electricity price. You can't just pick up something and say "this is profitable".

Yea. That's why I'm here for guidance. Could you guide me or recommend any service?

Well, what is your electricity price? I need that for calculations.
member
Activity: 103
Merit: 10
July 20, 2014, 10:04:00 AM
#13
Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC.
Please advice me.


Thanks!!

Not profitable at all, I believe it is worse then sha-256 asic right now..

Any ideas on any profitable scrypt cloud mining service?

That depends on your electricity price. You can't just pick up something and say "this is profitable".

Yea. That's why I'm here for guidance. Could you guide me or recommend any service?
hero member
Activity: 798
Merit: 1000
July 20, 2014, 09:51:46 AM
#12
Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC.
Please advice me.


Thanks!!

Not profitable at all, I believe it is worse then sha-256 asic right now..

Any ideas on any profitable scrypt cloud mining service?

That depends on your electricity price. You can't just pick up something and say "this is profitable".
member
Activity: 103
Merit: 10
July 20, 2014, 08:41:30 AM
#11
Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC.
Please advice me.


Thanks!!

Not profitable at all, I believe it is worse then sha-256 asic right now..

Any ideas on any profitable scrypt cloud mining service?
sr. member
Activity: 273
Merit: 250
July 20, 2014, 08:32:20 AM
#10
Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC.
Please advice me.


Thanks!!

Not profitable at all, I believe it is worse then sha-256 asic right now..
hero member
Activity: 798
Merit: 1000
July 20, 2014, 03:50:15 AM
#9
In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me.
I could give you the money, if we can discuss how you'll make an investment.

Do your research very well before investing in cryptocurrency. By looking at your post , it seems you have very less about investing in crypto. Don't get with hype , as many people end up losing their money who don't know what they are doing with it by investing in any pre-order or scam coin. Read more about the crypto investment before investing your money . And don't listen to anyone who sells you any altcoin or miner before you do your homework on the subject.

I'm just going to give him personal opinions and guide him through pros and cons.

In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me.
I could give you the money, if we can discuss how you'll make an investment.

Do your research very well before investing in cryptocurrency. By looking at your post , it seems you have very less about investing in crypto. Don't get with hype , as many people end up losing their money who don't know what they are doing with it by investing in any pre-order or scam coin. Read more about the crypto investment before investing your money . And don't listen to anyone who sells you any altcoin or miner before you do your homework on the subject.
I could use some advice from you on what to invest in.

I invest in some altcoins that I believe will rise, and I do a bit of mining, if I am 100% sure I will profit. If not, no.
member
Activity: 103
Merit: 10
July 20, 2014, 03:48:55 AM
#8
In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me.
I could give you the money, if we can discuss how you'll make an investment.

Do your research very well before investing in cryptocurrency. By looking at your post , it seems you have very less about investing in crypto. Don't get with hype , as many people end up losing their money who don't know what they are doing with it by investing in any pre-order or scam coin. Read more about the crypto investment before investing your money . And don't listen to anyone who sells you any altcoin or miner before you do your homework on the subject.
I could use some advice from you on what to invest in.
member
Activity: 103
Merit: 10
July 20, 2014, 03:44:02 AM
#7
In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me.
I could give you the money, if we can discuss how you'll make an investment.

Depends on what you want to invest, and what returns you want. Also, period of time.
I'm new in this, what would you suggest?
hero member
Activity: 770
Merit: 500
July 20, 2014, 03:43:39 AM
#6
In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me.
I could give you the money, if we can discuss how you'll make an investment.

Do your research very well before investing in cryptocurrency. By looking at your post , it seems you have very less about investing in crypto. Don't get with hype , as many people end up losing their money who don't know what they are doing with it by investing in any pre-order or scam coin. Read more about the crypto investment before investing your money . And don't listen to anyone who sells you any altcoin or miner before you do your homework on the subject.
hero member
Activity: 798
Merit: 1000
July 20, 2014, 03:38:48 AM
#5
In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me.
I could give you the money, if we can discuss how you'll make an investment.

Depends on what you want to invest, and what returns you want. Also, period of time.
member
Activity: 103
Merit: 10
July 20, 2014, 03:37:41 AM
#4
In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me.
I could give you the money, if we can discuss how you'll make an investment.
hero member
Activity: 798
Merit: 1000
July 20, 2014, 03:25:41 AM
#3
In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me.
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