Noob Question Alert ***
I was wondering..
How is the Network Hashrate for VGS around 30GH/s ...yet the mining pools posted on the OP are almost empty?
Are there like....secret mining pools out there or something? ^^""
Its a good question actually. The answer is this: solomining. There are massive wherehouses that mine a coin of there choice. I dont think its another pool as they would post it here, and I am only aware of 2 pools as listed on the OP. There really isnt anything you can do about a solominer, except wait for them to leave. As long as its profitable, they will mine. The best thing smaller users can do is band together with as much hashpower as they can added together to match or beat the other pool. By the way, here in my house, there are no noob questions. Everyone was new at crypto and there was a time , we knew nothing and asked the same questions. Always feel comfortable here to ask any and all questions. Like the sign says "WELCOME"
Vegas
First of all I would like to thank you for being kind enough to answer noob questions, lots of others just ignore the question, This is one thing that concerns me is that as a solominer, my chances are quite low, however I feel like to join a pool, with my equipment, my chances of striking then there are still quite low. Should I be looking at joining new markets and avoid ones that are already a bit saturated, or try to join for a pool of an already profitable one like yours and take my chances. Sorry for this question or if it’s off topic it’s just youtube tutorials can only take you so far.
Your doing fine. Ok.. when I have the time, I love to spread valuable information that I have learned through experience. My advice to you, is choose 3-5 coins you really like, and stay with them. I would ONLY invest in a coin that has a hero member or higher. This is a signal of trust. Trust is everything in crypto. Once you have selected your coins, then mine on a very profitable multipool. Use those coins you earn, lets say the payout is in btc. Use the BTC to buy the long term coins you trust. Short term coins are VERY high risk. Las Vegas coin, is a "Long play". Everyone that knows me in crypto knows I have been around for 3 years, and have 5000 + posts. Your money is VERY safe with VGS. However, you WONT get rich over night, but you also will not LOSE your money overnight. The mentality in crypto is always "get rich quick". Well, with this strategy, youll win some, and lose most. But, youll only hear about the wins in the troll boxes. I bring a new style to crypto, and thats wealth gained over time. It makes crypto more enjoyable, that you can be a part of something great in the beginning, and follow the story as it goes. Las Vegas coin is EVER evolving. There will be new features added all the time. I will also be doing mass marketing to the Las Vegas community. With the price of btc always going up, more attention and awareness will be brought to crypto. That means more more and more investors. Here are some of the coins I am personally invested in that I need not worry about losing it all. Diamond
coin (DMD), Bitsend (BSD), and if you like my style, then look at my only other coin XDE2.
Hope this information helps.
Vegas