Topic: Stacking vs mining options? (Read 415 times)

And pow mining also gives a stable profit if the price of the coin does not fall and the number of miners does not increase, but tell this to the new miners of the Kaspa coin.
https://bitcointalksearch.org/topic/risks-of-purchasing-ks3-miner-that-is-currently-with-a-daily-reward-of-2200usdt-5459393
When there are a lot of competitors in mining on ASICs or video cards, then you need to try to recoup your investment.

The thing about stacking is that it works best if value of the coin you have invested in doesn't go below the buying price, for example if you buy ABC at price of $3 you will only record some profits if its greater than or equal to the $3...anything less than this you will be recording a loss of value not quantity.

On the other hand mining isn't a onetime payment fyi, initial investments could be high but with time you could easily recoup all invested funds and make your profits but remember to factor in maintenance costs and the alike, goodluck.

staking has big risk if you didnt know what youre doing, and only small profit, i would think there is no point stacking in terms profit/risk, but as you know most casual user prefer choose this compared mining
which is need technical knowledge to master it, back in stacking rush in 2015 there is many hidden stake configuration each coin, which is maximize profitable for who want to know deeper how the staking works
i still remember create 10 gt wallet duplicating configured to run simulatious, that was nice profit, but in public people only know low percentage profit perday 

In Pos mining, you can also build an independent node, and if the coin has value and does not die in the process, then earn a small profit. But ASIC mining is now more profitable than Ethereum staking. But as long as there are coins, POW miners cannot be lured into pos mining.

I guess staking is not for miners. Myself tested and how it works and results bad.and i believe pow will proof itself during the time.people will learn that pos and staking making coins from thin air. Pow is you have to work spend gear energy it costs it has value.

If I want to invest, I'd rather buy video cards, because the profit in mining is higher than the profit in staking.
Even now you can buy equipment with a profit of 30% per annum, and in staking, only potential dead coins have a high percentage.

Ok it is now 2years gone since i started this post.that cakes in 2021 i sold for loss 10 or 20$ bucks i dont remember.no need for staking guys just bought cakes for 2.5 and latest i bouhgt some for 1.5$ now i have more coins ever i had i can say you can get 10 times more coins than 2 years ago.
So no need for stake just wait for coins drop to 95-98% you get more coins.

There are also countries in the world where electricity is very, very, very cheap, less than 0.5 cent. This news is discussed in the Russian board of miners

Libyan authorities have detained 50 Chinese nationals in a raid of a crypto-mining operation in the west of the country, the prosecution in Tripoli said Thursday.
Mining is the process of verifying transactions on a crypto blockchain by solving mathematical puzzles, for which miners are rewarded with more of the cryptocurrency. It is an energy-intensive process and requires a lot of hardware and electricity.
https://www.al-monitor.com/originals/2023/06/libyan-police-detain-50-chinese-nationals-crypto-farm-bust

Stacking and mining are two different processes for earning digital cryptocurrencies. Stacking is the holding or Stacking of a certain amount of cryptocurrency in a wallet to support the operation of a blockchain network. In exchange for which those who participate are rewarded with a certain amount of stale produce in the form of additional coins.
On the other hand, Mining is the specialized process of solving complex commercial problems by using specialized hardware and computers to validate all transactions and add them to the block chain. Through which you will get new digital currency. Mining will be profitable for you only when the equipment costs are low, electricity consumption is low and you are ahead in technological efficiency.

so it is still about getting money at the shortest time possible, so i am right..what i mean is "the whole crypto space." crypto turned a lot of folks into spoiled brats 

the shortest possible time is getting a position right before the pump or dump (short leverage)...the shorter the time the higher the risk.

mining is also a short period of time, i can dump some but i feel a bit lazy today, maybe in a week or a month from now (it is still a short period of time BTW LOL)

Do you already try staking Binance? If yes, you should know that when you stake, your coin will be locked in their wallet without you can do anything except receiving the reward daily.

If that is about earning as much money in the shortest possible time, can you tell me where we can find that way? From trading? If the market is not moving good or has a bull run, you will not make as much money as you want shortly, unless you are a trader who has a lot of money.

I know bitcoin can give you the biggest profit, but not in the shortest time because bitcoin price will always have volatility which no one will know where the price will move in the next hour. Everything will depend on the market.

Where did you learn that idiocy?

It is all about earning as much money in the shortest possible time.

For example, the oldest and first..bitcoin, zoom out, it is the biggest money earned in its whole life span and market cycles compared to other assets outside crypto. That parabolic gains experience is what fuels altcoin speculation besides tech.

When you start staking or mining, that means you will hold the coin for some periods and if somehow, the price increase in the next month, you should not worry and still have to commit with your staking or mining because your reason to do those things is for a long time.

Besides that, if you stake in Binance, there will be a time frame that you should follow and you can not sell your coin if the time frame is not reached. Staking means you want to increase your coin amount and not think much about the price because your target to sell will be in the future and not in a short time. If you want to make a profit, you may not need to stake or mine instead of trading that coin and increasing the amount from trading.

Another way how you can make some money is if you hold some USD or USDT or any type of fiat currency. You can't do it now unfortunately however when the funding becomes positive again, what you can do is just sell the futures and buy the coin.

Usually BTC or ETH have a ~1% premium per 30 days on the futures. So if you buy the futures expiring in 12 months, it will have a ~12% premium. You buy on spot with your fiat, and that same amount you sell on the futures. Wait 12 months and you got your 12%.

There is a little risk because you need to keep on exchange but seems safer than some of these experimental methods other people are doing.

I totally understand you..being not the most early but early enough to get gains..there is money to be made.

when the bullrun is still not over you are still early because - it is not topped yet

when the market peaks you should be early enough to exit.

when the bear market begins it is still early enough to sell because - it has not bottomed yet

when the market bottoms you should be early enough to buy.

when the cards are still cheap you should be early enough to buy.

is you master the "way of earliness" you already got at least half the battle won..more like 70-80%

Yeah early on I was susceptible to farm tokens but I pretty quickly converged on a thesis of sticking with the gas token of a good growing chain and at most maybe one dex/amm token.  At that I favor the dex's that have their own yield available on their native tokens, like was mentioned above that eliminates impermanent loss and also I've found saves gas.  I won't even mention names, some were already mentioned but I'm not shilling bags here at all.  I'm in around 4 dexes and of those at least 2 are multi-chain and I am in them in more than one chain.

When a good new chain launches or better still offers strong liquidity mining programs, they will often experience quick capital appreciation and often you can get in between the announcement of the LM and the implementation and still get good gains.  I'll take the gains and roll half or more back into btc and/or eth.

Again, farming or speculating isn't for everyone.  I could probably do or have done as well at only mining and being more aggressive about buying and selling video cards or ASICs and looking for hosting or power deals.  But I've also gotten burned by buying and selling cards like on ebay, so actually not dealing with the individual while trading tokens appeals to me personally.

yes you have a point up to those projects that did well. but anything below those (which are..pump and dump, fail coins, scam, buying power of idiot community) that did well you need agility to enter and exit "early"

This is ostensibly untrue.  Granted the way to get 1000x is to be in premine, VC or seed round.  But you can also get good capital appreciation and/or yield from even being moderately early in buying from an exchange.  I was nowhere near early rounds and have ALWAYS felt I was too late but did pretty well with Link, BNB/Cake, Matic and Avax.  You need to be able to be attentive to the ecosystem as a whole to see good things coming. 

I find it reasonable to mine and then stake the mined coin.  Then use a bit of the eth to speculate.  Again, ymmv.

I've been moderately surprised that few defi/staking users know mining, and few miners know defi.  But I've found this to be more or less true.

I've staked almost everything continuously since maybe my second month mining, which was during defi summer.  So I participated in sushiswap pretty early on when it was still just a piggyback on uniswap.

As said above, you have to know up front that defi is higher risk than straight up mining to a cold wallet.  The risks can be technical, custodial, financial and economic.  But on the other hand the payoff generally follows from the risk/reward curve.

I mitigate some of the risk by diversifying.  So different wallets, different chains, different platforms within the chains.  It then becomes more to keep track of and understand, but frankly defi is more of a consuming hobby for me than mining, so not only do I not mind the learning curve but I actually enjoy it.  When I no longer enjoy it, I'll find other pursuits.

I do only enter the more risky platforms/farms with much smaller size.  I was lucky on some, like entering BNB/Cake in I think Feb '20 which both went at least 6x.  Then I do take a lot off the table when I can play with only the 'house money' and sell mostly into BTC and Ether.  But then likewise, I do stake that BTC and Eth on solid platforms like Aave to get direct yield from those as well as borrow stables at low utilization levels and stake those.

I've been adjacent to hacks and exploits, but thus far I've more or less avoided direct exploit exposure.  I can indeed call that mostly luck, but as I said I don't go into any one thing with much size.  I've also gotten a good amount of free tokens from using platforms via airdrops, those have turned out to be pretty good money as of themselves and imo paid me back some for the gas and risk used and taken.

ymmv, do research and don't risk what you'd mind losing. 

being early is the name of the game from day 1, that is why premine and instamine was invented..to be the earliest of the earliest hehe 

With an electric consumption to shame any mining rig Ah Ah Ah

No, I am stacking with my wallet and all is fine, every day I sell my part of my staking and I cash 70 dollars

I must also say that I started with a bet of 300 dollars a little less than 3 years ago

and I sell only 6% of what I earned per day

I think staking literally benefit the project mostly as it is being rolled out to keep their price stable and most importantly to boost it. So for you to have agreed to stake your bought share into their pool, it means you've 100% commit yourself to take to their losses too if goes the other way round. But keep in kind that your staked unit of coin is increasing too as time passes, which I consider pretty cool.

So to my own bit of advice, staking is good for people willing to hold for long and longer days as you'll reap bigger reward when the price rebound.

Mining on the other hand is sweet and profitable but I prefer to have it in NFT pools. As it brings much larger rewards.

Mining has more advantages than staking and also less risky than staking, if something goes wrong with staking you lose your coins, for example is the project exit scam on you it's over so if you want to stake make sure you go for the biggest coins, but for mining you can switch and mine other coins

Yes agree early stage very important. I saw people who got from coinlist at he beggining for couple of cents coin and they kept farming those coins now they got way expensive.

staking and mining are both okay if you are one the earliest.

if you are late then mining beats staking if you can scale. if that staking thing turns to shit it is done, while in mining you can shift to another thing.

the only profitable staking is stablecoin staking and mostly you only got 3-7% annualy heheh, no worries about volatile price, mining in other hand, is always profitable if you electric cheap,

at bullmarket, the electricity is ignored, you will got so much profit from mining, and the earning you can invested in some coin

Why you exclude the fact that mining in bear market sucks and the only way to carry on is if you have free electricity or extremely cheap electricity fee? A GPU that's earning you 3$ today will turn 0.50$ in bear market, yes we've seen this happened in 2019 and same thing will happen once bear market gets stronger

CAKE has been one of the better performing coins recently. PancakeSwap has done a good job at giving it utility and increasing demand. They have also made it deflationary with weekly token burns to compensate for the high APY. Ensuring that more coins are burned than are being minted has kept the price stable even during the bear market.


This is not a problem if you are staking on a decentralized exchange. You can withdraw your coins from a staking pool anytime you want.


Impermanent loss isn't possible with single asset staking. 1 CAKE will always equal 1 CAKE, it can't lose value against itself.

Staking it depends on how the coin will perform in the future.Mining is better I think as you can grab a little of the coin you are mining every day.You have full power over your coins meaning you can sell,invest or do whatever you like with it.You have more freedom as with GPU-s you have a lot of options to mine different coins while in staking you are forced to stake only the coins the exchange or another entity offers for staking,not the best thing to do with your coins.Definitely mining for me as I like a little everyday rather than have to wait until the staking period is finished.

Staking Is far more risky than mining

1. You entrusting your coins into the hand of another, meaning you don't have the power over your fund anymore
2. Not until the staking period is over you won't be able to sell your staking coins and just imagine if the market takes an unexpected turn

As for mining you are in total control of your equipment, wallet address and coins you generates every day, even if market shows sign of incoming crashes you can sell your holdings quickly

Is this Defi staking? I’m guessing it must be considering the crazy high interest rate of 30%. I thought about staking also however the more research I did I learnt that there are too many risks.

One of the most common risks is the underlying token goes down in value like it did for you. Another reason is called impermanent loss, read about this. This is very common with tokens which got low liquidity and high interest rates. Some value can dump the token on Defi and lead to a huge loss for all the liquidity providers.

Another is the protocol you are using such as Uniswap might have some bugs in it which aren’t discovered yet. Look at how many exploits in the past have happened to other tokens. It might get hacked and your tokens can all be stolen.

Mining is much much safer.

Hi everyone.

I would like to learn stacking too because i think it will be very usefull in the future for people like me and like you please share your experiences.

Ok so here is my experience:
At binance i bought CAKE at price 21$ for 100$. Then i stacked it for 1month there was interest 31.25% something like that. I earned like 2$ for whole month but most funny part is my initials cakes that i bought for 100$ now is 86$  due to cake lost its price so i lost 12$  . will be more funny if cake loses price by 50% then you comletely lost.
My question who stakes please share your experience. thanks