Topic: Staking vs. mining altcoins - page 2. (Read 842 times)
Bet by investing in coins. In 2019, the exploitation brings a lot of good benefits for investors, especially long-term investors in the profession.
Staking does not take any computing power from the user, it's not even a question, obviously it's more profitable.
If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.
It is clear that staking is a more effortless and easy way to make money. Getting rig needed for mining and having high costs are not desirable. The only problem with staking is that it is frozen for any time. If you have other opportunities during this time, you will have no choice but to wait.If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.
Staking does not take any computing power from the user, it's not even a question, obviously it's more profitable.
If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.
It is clear that staking is a more effortless and easy way to make money. Getting rig needed for mining and having high costs are not desirable. The only problem with staking is that it is frozen for any time. If you have other opportunities during this time, you will have no choice but to wait. If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.
Staking does not take any computing power from the user, it's not even a question, obviously it's more profitable.
If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.
If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.
Both aren't cheap investments. Staking requires a decent capital for you to receive a promising amount if you prefer the daily equivalent but if you just want to accumulate more coins, this is good for you because it's much cheaper than mining.
While in mining, if you also want to accumulate a coin and you have a way to sustain your bills from other source that would be a good advantage for you. But if you'll depend on it for your daily bills, make sure you mine lucrative coins.
For staking, I think the best would be the hot coins like Tezos.
In addition, in mining, you can still sell VGA, ASIC if you do not want to exploit anymore. So, I personally prefer mining rather than betting, because the risk of Altcoin deposits is much higher than investing in an altcoin mining factory. While in mining, if you also want to accumulate a coin and you have a way to sustain your bills from other source that would be a good advantage for you. But if you'll depend on it for your daily bills, make sure you mine lucrative coins.
For staking, I think the best would be the hot coins like Tezos.
Although the value of a Staking Altcoin can be guaranteed, in the past, a lot of Altcoins failed to hold this price. For example, Zcoin, one of the coins I've invested in Staking, its value has dropped from more $100 to $15 within 6 months because of many investors took their profit at $100 - $90.
The assurance of holding the value of an altcoin staking is very fragile, but before the staking happens, it is an opportunity to pump the price of altcoins very high. It is my experience.
You should never be dependant on just mining that is a mistake. You should never be dependant on any one thing. You to be diverse. It's difficult to be diverse when mining. Sure you can mine different coins but at the end of the day the goal is to break even and then make profits.
You can still sell your VGA cards and you might have to in order to make a profit so, therefore, you have to balance out how long you mine with them vs how much you sell them for eventually. Thats actually a good idea. Sounds like a safer investment to me. If you can get cheap electricity and people to buy your second-hand cards then you set. Remember that miners can always stop working for who knows what reason. Probably won't happen but with staking, you don't need to worry. I think they more or less the same just on different scales though I think that pos coins are usually not backed by much more then the fun of staking them where is mining something like eth is perfectly accepted and well used currency.
Have you tried mining any coin these days..? Its not that easy to make profit these days. Also, if you are trying to mine altcoins then the market fluctuations will make it worse. Staking is also hard as there are lots of things to consider and manage. But easier than mining a coin.
I also heard some opinions that mining is not suitable at a time like this because the results are not in accordance with expenditure and also time. so I think it's better to just trade on altcoin, but if it's profitable for mining so just continueIts hard to find a coin with all of the qualities which you have asked for and have 'stable price'. I am looking forward to the POS update of Ethereum as it is the number 2 coin in the crypto space and interesting to see the profits on it.
I prefer stacking than mining. Stacking is more cheap than mining.
But, if you want to do stacking or mining you need good prediction about that token price in future.
This only give loss if you do before when the price is dump long time
Well it's staking not stacking and have a really different meaning. But I do agree the main problem is the fluctuation itself that discourage some people from staking their reserved cryptos and sometimes the fluctuation could result in a bigger loss than what we gained from the staking considering that price changes every hour. it really need a further analyzation to achieve profit.But, if you want to do stacking or mining you need good prediction about that token price in future.
This only give loss if you do before when the price is dump long time
Mining was profitable than staking in last 2 years. But in news all new project has target to staking even Ethereum 2.0 will start staking rewards although now running Ethereum has proof of work rewards. My advice is also for staking because only users will know the real value.
Depends on what rig you're working on to mine and if it's just a measly mid end GPU you definitely won't get a profit. You also have risk involved in staking and one of them is volatility because even ethereum with that high market capitalization could be dumped in a matter of hour.
Both methods have various advantages and disadvantages in their field. Mining is the first and oldest production method known in crypto money technologies just like in our lives. Stake system is a new method in our lives, but it is easier than mining. For example, in terms of electricity consumption and efficiency, the stake system is a more advantageous method, but this makes the investor dependent on a single investment instrument, which can be shown as the biggest disadvantage.
What do you guys think about staking with new projects? I know it's a risky investment, but it's getting harder to get decent returns these days. There is a project I've been tracking for a while: https://www.bbminer.com/mining/general what do you guys think?
I prefer stacking than mining. Stacking is more cheap than mining.
But, if you want to do stacking or mining you need good prediction about that token price in future.
This only give loss if you do before when the price is dump long time
But, if you want to do stacking or mining you need good prediction about that token price in future.
This only give loss if you do before when the price is dump long time
Both aren't cheap investments. Staking requires a decent capital for you to receive a promising amount if you prefer the daily equivalent but if you just want to accumulate more coins, this is good for you because it's much cheaper than mining.
While in mining, if you also want to accumulate a coin and you have a way to sustain your bills from other source that would be a good advantage for you. But if you'll depend on it for your daily bills, make sure you mine lucrative coins.
For staking, I think the best would be the hot coins like Tezos.
In addition, in mining, you can still sell VGA, ASIC if you do not want to exploit anymore. So, I personally prefer mining rather than betting, because the risk of Altcoin deposits is much higher than investing in an altcoin mining factory. While in mining, if you also want to accumulate a coin and you have a way to sustain your bills from other source that would be a good advantage for you. But if you'll depend on it for your daily bills, make sure you mine lucrative coins.
For staking, I think the best would be the hot coins like Tezos.
Although the value of a Staking Altcoin can be guaranteed, in the past, a lot of Altcoins failed to hold this price. For example, Zcoin, one of the coins I've invested in Staking, its value has dropped from more $100 to $15 within 6 months because of many investors took their profit at $100 - $90.
The assurance of holding the value of an altcoin staking is very fragile, but before the staking happens, it is an opportunity to pump the price of altcoins very high. It is my experience.
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a decent thing might be a mine, but it's just a big mine. I think individual miners have already sold some of their mining rigs.
so far, the only thing that is likely to be profitable right now is IEO. it's just that not all IEO can have large profits. in addition, although some IEO is also quite profitable, sometimes it is only the beginning, and a few months later the price dropped. another thing that I think about is trading, but it's quite difficult to do for people who are new to trading.
so far, the only thing that is likely to be profitable right now is IEO. it's just that not all IEO can have large profits. in addition, although some IEO is also quite profitable, sometimes it is only the beginning, and a few months later the price dropped. another thing that I think about is trading, but it's quite difficult to do for people who are new to trading.
Mining is now in the hands of large companies. We used to be able to mining in our house. Now this is over. Because electricity is too expensive. Mining equipment is very expensive. Stake is easier to make. Stake is more likely to make money.
If you do have the right knowledge in choosing staking coins to invest your money. Like what you've said that mining is for those who can afford to invest large amount of money and have a good source of funds to play with the market without worrying about downfall and you can hold still. While staking if you know how to choose good project you can treat it as passive income while waiting for the bull run.
Well i have no choice to say which one is gud and which one is bad,
Because in crypto it's to hard to choose good projects,
Currently i'm staking two coins NRG ( Energi ) and BIP ( Minter )
But i'm completely satisfied With NRG,
Minter reducing My rewards every day,
Because in crypto it's to hard to choose good projects,
Currently i'm staking two coins NRG ( Energi ) and BIP ( Minter )
But i'm completely satisfied With NRG,
Minter reducing My rewards every day,
Mining is now in the hands of large companies. We used to be able to mining in our house. Now this is over. Because electricity is too expensive. Mining equipment is very expensive. Stake is easier to make. Stake is more likely to make money.
I sold a few units late last year, and the rest were just a pile of goods in the warehouse.I cannot afford the maintenance costs because electricity increases are more expensive, if I recalculate it is not profitable to small miners. But what has been obtained can be used for trading capital until now. now I am following the staking in the exchange wallet, and leave masternodes.
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!
Mining was profitable than staking in last 2 years. But in news all new project has target to staking even Ethereum 2.0 will start staking rewards although now running Ethereum has proof of work rewards. My advice is also for staking because only users will know the real value. 
Mining is now in the hands of large companies. We used to be able to mining in our house. Now this is over. Because electricity is too expensive. Mining equipment is very expensive. Stake is easier to make. Stake is more likely to make money.
staking is also not that simple as it looks like
you need to invest in the coins itself as each and every coin has there bare minimum balance required to start staking
most of the pos coins requires you to set up a system which can be online 24 7 for the wallet to run and act as a node
for this you can use raspberry pi as the power consumption will be very nominal
dpos coins does not need a system which is 24 7 online and once you vote delegates
you will receive your fair share over time which will keep on accumulating
also check and research about masternode coins
also a passive way to earn crypto
you need to invest in the coins itself as each and every coin has there bare minimum balance required to start staking
most of the pos coins requires you to set up a system which can be online 24 7 for the wallet to run and act as a node
for this you can use raspberry pi as the power consumption will be very nominal
dpos coins does not need a system which is 24 7 online and once you vote delegates
you will receive your fair share over time which will keep on accumulating
also check and research about masternode coins
also a passive way to earn crypto
Indeed, it is not quite that simple or easy. Also, passive incomes are getting more public interest since people thrive for security and the survivability of a cryptocurrency. Many do not believe anymore to high-risk-high-rewards projects. Staking is one of the safer methods I enjoyed putting effort on.
XSN is an awesome coin to stake, as you can stake it while your computer is offline. They invented: Trustless Proof Of Stake, meaning you can stake from a VPS server. All you need to do is find a merchant who will do it for you (for a set fee setup by a smart contract), or run the server on your own.
You can open your wallet once every month, and watch as your coins roll in, it's such an awesome feeling! Haha
It's an overall awesome project, building the first Lightning DEX, among other cool things, so it's a great long term hold at the same time.
You can open your wallet once every month, and watch as your coins roll in, it's such an awesome feeling! Haha
It's an overall awesome project, building the first Lightning DEX, among other cool things, so it's a great long term hold at the same time.
Bitcoin or Ethereum mining I think it is very enjoyable. Nice to make money. But mining is a different pleasure. I like being busy with computer parts. Electricity costs too much. Now it makes more sense to take altcoin instead of mining.
Mining was very good option few years back but in recent time many countries increase electricity rates which hurting badly to miners so many already out of market and few still thinking just because of this now trading and staking two good options was available for members to have do some stuff but in recent years trading is also not giving good return so many now going to enjoy in staking which is also good way. Jump to: