newbie stake mining | Bitcointalksearch.org

kingcolex

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Merit: 1258

Quote from: altcoinhosting on July 01, 2015, 11:35:42 PM

Quote from: jillscarbrough on July 01, 2015, 05:24:28 PM

Alt solo mining more profitable than stacking i think, but u need to know what will make some Altcoin more profitable for solo mining. eg Net Hashrate, solved block per hours etc. cheers Wink

I guess with solo mining without expensive hardware, it can only be profitable if you mine brand new coins, and hope they will be worth something... It just feels like gambling Wink

It most definitely is gambling but not so much with your wallet but with your time, which I guess if you have a lot of it can be a worthwhile trade off.

kingcolex

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Quote from: bit1 on June 27, 2015, 06:30:07 PM

1-3% anually is nothing...............

Well no it's not it is definitely something just like a lot of trustworthy stocks pay that in dividends. If you have 1million usd that's 10k a year in income from staking, a lot of the hyperstake coins just aren't stable and we all know that.

altcoinhosting

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Quote from: jillscarbrough on July 01, 2015, 05:24:28 PM

Alt solo mining more profitable than stacking i think, but u need to know what will make some Altcoin more profitable for solo mining. eg Net Hashrate, solved block per hours etc. cheers Wink

I guess with solo mining without expensive hardware, it can only be profitable if you mine brand new coins, and hope they will be worth something... It just feels like gambling Wink

jillscarbrough

sr. member

Activity: 588

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Steady State Finance

Alt solo mining more profitable than stacking i think, but u need to know what will make some Altcoin more profitable for solo mining. eg Net Hashrate, solved block per hours etc. cheers Wink

bit1

legendary

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1-3% anually is nothing...............

ClamCoin

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Quote from: ?? on ??

Quote from: altcoinhosting on June 22, 2015, 10:51:30 AM

Quote from: ?? on ??

Peercoin is decent but it is pretty damn slow but that's to be expected, with stocks you get 1-3% annually, peercoin is similar but I think around 1%.

Thanks! I'll buy some tomorrow, and see if I can get lucky :-)

You can buy a pi and stake on the raspberry pi (which I think is the best way to go) they cost around 30$ and will use $2.0 in electric if ran 24/7 for a year.

How much will you get from staking if ran raspberry pi a year?

collapse157

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Merit: 10

HBN HoboNickels.

Been around for atleast 2 years. I am actually a holder myself and have been staking for over a year now, making TONS of interest. It had it slight pump and dumps and yea overall I have personally lost money, it was my decision to buy during a spike. The price has been steady for awhile and it seems like we are floating at 4k sats even though bigger wallets are selling off their interest. It has actual purpose of being able to stake for charity and it has a nice POS %.

Leveilleur

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Quote from: altcoinhosting on June 22, 2015, 02:42:31 AM

My initial investment in this would only be around $25-$50 (first try out if this is worth my effort)

trade to trade on exchange Wink

grouper fish

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Been holding Qibucks for about 6 months, pays about 5% and an extra 1-2% every month.

RaginglikeaBoss

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Never before 11 P.M.

Peercoin is the only "trustworthy," I use that term very loosely, PoS coin in my opinion. Yes there are others but Peercoin is a safer route to go. Lower reward but also lower risk.

altcoinhosting

hero member

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Quote from: ?? on ??

Peercoin is decent but it is pretty damn slow but that's to be expected, with stocks you get 1-3% annually, peercoin is similar but I think around 1%.

Thanks! I'll buy some tomorrow, and see if I can get lucky :-)

altcoinhosting

hero member

Activity: 896

Merit: 1006

Quote from: djm34 on June 22, 2015, 03:55:53 AM

most POS coins aren't trustworthy but run by scammer and p&d group (or at least many were like that)

Thanks for the reply, do you know of any that aren't run by a scammer or pump and dump, and still give reasonable revenue with a small investment?

djm34

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most POS coins aren't trustworthy but run by scammer and p&d group (or at least many were like that)

altcoinhosting

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Hi Guys,

I'm a newbie in both bitcoin and altcoin. I've invested most of my coins in bit-x, giving me some "interest" om my money... I've read up on stake mining, and tought this would be a nice alternative to get some "divident" for my coins.

I know it's always a gamble to use altcoins, since the altcoin price might fluctuate heavily, but can you guys give me your opinions which coins would be best to stakemine? I've been trying to stakemine XMG, but so far, i've got nothing...

I guess the coin has to be trustworthy, around for a while, and give some return on investment after a couple of days... My initial investment in this would only be around $25-$50 (first try out if this is worth my effort)

Topic: newbie stake mining (Read 1035 times)