Topic: Musicoin profitability (Read 2529 times)
Which of the Musicoin is this, is this the one supported by the ICONOMI team, because to me I believe they have closed the project. Concerning the profitability, the most important thing is the liquidity if you have a coin and the spread to sell is huge and will make you to lose huge money selling or even crash the market, there is no need to touch the coin IMO
I started to mine this coin in early 2017, then there was pump up to 1200 Satoshi, ambitious plans for developers to introduce coins.
But this is all behind, the plans were not destined to be fulfilled, the price dropped to 14 satoshi!
Almost 100 times!
The coin is almost dead, it needs resuscitation.
There are also coins in my portfolio that fell 100 times ... this is very sad. But I hope that the next crypto pump will grow many, many times. We are promised an unprecedented power pump. But this is all behind, the plans were not destined to be fulfilled, the price dropped to 14 satoshi!
Almost 100 times!
The coin is almost dead, it needs resuscitation.
I started to mine this coin in early 2017, then there was pump up to 1200 Satoshi, ambitious plans for developers to introduce coins.
But this is all behind, the plans were not destined to be fulfilled, the price dropped to 14 satoshi!
Almost 100 times!
The coin is almost dead, it needs resuscitation.
But this is all behind, the plans were not destined to be fulfilled, the price dropped to 14 satoshi!
Almost 100 times!
The coin is almost dead, it needs resuscitation.
MUSIC sure brings back memories. I was basically mining that coin when it was on DAG #0 and you couldn't even mine it with a pool or even use the Claymore ETH miner, you had to solo mine it basically.
Looking at profitability, its not profitable at all the mine. Basically it produces around 50% of what you would get just mining ETH. A few years later, I was still mining it due to the fact that it had a low DAG compared to ETH and you could get like 20MH/s out of a R9 280X instead of 10MH/s which it got for ETH mining.
So I am pretty sure its the same people mining it now. With GPUs that suffer the DAG thrashing bug, they mine it because certain 3GB GPUs can't mine ETH anymore.
Looking at profitability, its not profitable at all the mine. Basically it produces around 50% of what you would get just mining ETH. A few years later, I was still mining it due to the fact that it had a low DAG compared to ETH and you could get like 20MH/s out of a R9 280X instead of 10MH/s which it got for ETH mining.
So I am pretty sure its the same people mining it now. With GPUs that suffer the DAG thrashing bug, they mine it because certain 3GB GPUs can't mine ETH anymore.
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It won't last long as there already is a lot of hashrate that has been moving over to Musicoin for the past couple of days. A month or two back Muscicoin was also on top of the chart for a few days only to drop down again. The best time is to mine when no one else is and to sell at times like this.
Now its best ime for mine Music and keep it
any way welcome to our pool: http://unepa.com
It is not the best time, if miners are selling their mined coins for profit immediately after mining. At this time musicoin is ranked low among other coins that are ETH based.
It won't last long as there already is a lot of hashrate that has been moving over to Musicoin for the past couple of days. A month or two back Muscicoin was also on top of the chart for a few days only to drop down again. The best time is to mine when no one else is and to sell at times like this.
Now its best ime for mine Music and keep it
any way welcome to our pool: http://unepa.com
It won't last long as there already is a lot of hashrate that has been moving over to Musicoin for the past couple of days. A month or two back Muscicoin was also on top of the chart for a few days only to drop down again. The best time is to mine when no one else is and to sell at times like this.
Because the music do!
Congrats!
Baiazid, lets mine music together in my pool http://unepa.com
How is ETH still higher for you on whattomine? Whats cards are you using?
On my whattomine screen i see ETH is already ranked 20th while Musicoin is 1st on the list.
Today Musicoin become one of the most profitable altcoin for mining
How is ETH still higher for you on whattomine? Whats cards are you using?
On my whattomine screen i see ETH is already ranked 20th while Musicoin is 1st on the list.
Today Musicoin become one of the most profitable altcoin for mining
How is ETH still higher for you on whattomine? Whats cards are you using?
On my whattomine screen i see ETH is already ranked 20th while Musicoin is 1st on the list.
Today Musicoin become one of the most profitable altcoin for mining
I think the price of musicoin still very low. It has a good team nd I believe that Musiconomi Crowdsale will affect the price of musicoin next month.
I keep mining musicoin for 3 months and hodling them for long term
Any ann topic for musicoin crowdsale available at bitcointalk forums? If, so please kindly share topic link. I have mined musicoin for a few weeks when it was profitable but pools were not active enough to gain more coins.
Its Musiconomi crowdsale not musicoin.
I havent check it from bitcointalk forum. But following link will give you information about your questions.
https://blog.cofound.it/musiconomi-maecenas-x8-currency-and-da-power-play-crowdsale-dates-announced-a0ad19660bbe
Musiconomi will reshape the way listeners and musicians engage, building on the capabilities made possible by the Musicoin blockchain.
Thats great news for musicoin, thanks for sharimg with us.
I also mine musicoin and made a nice profit
Well, another great pump for a coin and I'm really glad that market cap of crypto-world is increasing day by day, but then miners will divert all hashpower to this coin until the profitability is balanced out evenly.
look here
This is what is keeping the price down.
Yes, but locally pamp can be.
The problem with Musiccoin is that 300,000,000 music coins are created every year. This is what is keeping the price down.
I think its possible, you should try
Because Musicon DAG file today is to small
Because Musicon DAG file today is to small
Thanks, yeah I did. I tried connecting to your pool but I got some errors... either the local copy of the blockchain needed to finish downloading or it was a not-enough-GPU ram error, not sure which.
How long does the initial data generally take to download? I followed the musicoin mining instructions but it was unclear how long of a download I was getting into so I aborted it after about 20 minutes.
I think its possible, you should try
Because Musicon DAG file today is to small
Because Musicon DAG file today is to small
I'm interested in mining music but my GPU only has 1.3GB ram
Is it possible? I've heard about 'dagless mining' but I have never mined any etherium and don't know much about it.
Is it possible? I've heard about 'dagless mining' but I have never mined any etherium and don't know much about it.
I hope somebody could check and collect some musicoin. This raise is just the beginning now. I expect that it will keep increasing for a while more. We will see a new bitcoinwise ath 
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