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Topic: Staking vs. mining altcoins - page 3. (Read 836 times)

legendary
Activity: 1288
Merit: 1012
December 09, 2019, 03:09:12 PM
#81
What would push you towards decision to stack altcoins? There are going deeper and deeper and you cannot cover your loses with rewards from staking, because they are too small. Mining seems much more attractive for me.
Isn't mining the same? Mining or Staking coins both are going down. Staking is simple and doesn't require much maintenance or anything but mining requires hardware, maintenance etc.. I prefer Staking for simplicity.
member
Activity: 287
Merit: 10
December 09, 2019, 02:58:35 PM
#80
In the current crypto market conditions both of them can not provide great benefits for you. Staking or Mining at this time can not provide definite benefits, I suggest to save your money first, wait until the crypto market conditions begin to improve and stable.
sr. member
Activity: 784
Merit: 250
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December 09, 2019, 02:43:03 PM
#79
What would push you towards decision to stack altcoins? There are going deeper and deeper and you cannot cover your loses with rewards from staking, because they are too small. Mining seems much more attractive for me.
full member
Activity: 882
Merit: 101
December 09, 2019, 02:21:22 PM
#78
I chose altcoin staking because it is easy and does not require mining tools. For current results, staking is more profitable because mining requires electricity
full member
Activity: 630
Merit: 101
December 09, 2019, 02:16:50 PM
#77
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.
sr. member
Activity: 1400
Merit: 468
December 09, 2019, 01:46:36 PM
#76
Risking what you have and what you master, I feel is inappropriate and move on to new things that you do not fully understand. It would be better if you maintain what you are doing now and you try new things like mining that you want to pursue.
actually we may try new things but we don't forget things that are already mastered because if we learn new things, it will take time too. it's better to do it together so you have income before you become an expert at trading
hero member
Activity: 1400
Merit: 505
December 09, 2019, 01:35:07 PM
#75
I just found out that Binance has a staking feature? but in my opinion mining is the best way to get profit, if you try staking make sure you also choose the program from coins or projects with good fundamentals, like waves or ethereum, but ethereum implemented POS in 2020
We are still in 2019 and how come you predicted the future as if POS is implemented next year  Tongue. My advice to you is that, the risk of trusting your coins with a third party can be a disaster as you cannot trust these sites and stake your coins thinking it will give you a profit and we had so many bad things happened in this short life span of this market and hence i will not risk any coins and when it comes to mining unless you have free or low tariff power supply it is not profitable to mine now a days.
full member
Activity: 532
Merit: 101
December 09, 2019, 01:30:04 PM
#74
Risking what you have and what you master, I feel is inappropriate and move on to new things that you do not fully understand. It would be better if you maintain what you are doing now and you try new things like mining that you want to pursue.
sr. member
Activity: 1344
Merit: 270
December 09, 2019, 01:29:56 PM
#73
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 continue
I need recommendation can some one give me which one altcoin potential for staking and have big chance keep stable price and get much profit after one month later staking, I have check with many altcoin but look not good price after one month later because almot of altcoin have lower price, for mining bitcoin maybe not good choose because little profit every month and waiting one year get money back if altcoin mining keep higher price.
sr. member
Activity: 1020
Merit: 253
JangaCams.com
December 09, 2019, 01:26:54 PM
#72
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 continue
sr. member
Activity: 1162
Merit: 260
December 09, 2019, 01:15:09 PM
#71
Not gonna lie. Staking scares me because of the way the market is today. I am going to be honest, I still think mining is a more profitable venture than staking.
what makes you feel scared about the staking method? As far as i know, there is no need to worry about that. It looks like the POW trend will be changed. Bitcoin will reach its total supply and miners from bitcoin will be moving to the altcoin. that makes a big migration of the bitcoin hashrate power to the altcoin hashrate power. Im not sure if that will be more profitable than staking while you need a bunch of mining rig to make it becomes profitable. I still hold staking as the best choice in this case to bring us to the profit.
sr. member
Activity: 322
Merit: 251
December 09, 2019, 11:38:44 AM
#71
Staking is not simple but it is simpler than mining. You don't need computing powers like what is needed for mining. I am curiously waiting for ETH staking to start. For TRON, its easy for me to stake in Binance.
Staking is not very much encouraged by me, much better would be to choose trading instead of this method and talking about mining, indeed it is the best profession that one can have in the crypto market. With mining, a man can actually become millionaire within a month or two. Obviously few factors count like the number of coins or blocks he solves and most importantly the digital currency he mines.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
December 09, 2019, 01:07:54 PM
#70
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.
full member
Activity: 868
Merit: 104
December 08, 2019, 04:59:04 AM
#69
Staking is not simple but it is simpler than mining. You don't need computing powers like what is needed for mining. I am curiously waiting for ETH staking to start. For TRON, its easy for me to stake in Binance.
member
Activity: 224
Merit: 71
December 08, 2019, 04:43:18 AM
#68
If you have a good material mining is good and for the staking you need a good capital to buy the coins
sr. member
Activity: 644
Merit: 253
December 08, 2019, 04:28:45 AM
#67
in security, profits and sufficient funds. I would suggest mining. because all control is on your own. but for simple ones, staking is the best option at the moment. than HYIP. it's just that staking is done in a good place, such as staking TRX on binance. Staking ONT on upbit.

Yes, if you can afford mining why not, I would also suggest this as mining is one way to have a good source of income unlike staking wherein you will just be given few amount of money, that you need to wait for a year for you to see that you are earning, what if the price dumps, then you also lose amount of money, so I prefer mining, too costly but worth it.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
December 08, 2019, 02:23:47 AM
#66
Has anyone tried Binance Staking?

I heard no fee involved and at the same time, the minimum amount of Altcoin required is also less.

ALGORAND
TEZOS
DECRED
ATOM

are already present on that platform, you need to just buy them and start your passive income. Is there any hidden fee or something else. It sounds to easy to be true.
legendary
Activity: 1316
Merit: 1145
December 07, 2019, 10:41:02 PM
#65
in security, profits and sufficient funds. I would suggest mining. because all control is on your own. but for simple ones, staking is the best option at the moment. than HYIP. it's just that staking is done in a good place, such as staking TRX on binance. Staking ONT on upbit.
legendary
Activity: 1862
Merit: 1015
December 07, 2019, 08:09:48 PM
#64
I think for coins that have a large profit potential when mined are coins that have a good rating in CMC, besides that only coins that are not good if for investment, because the feasibility of being accepted in the market is still very small. different from coins that have a good rating in CMC, such as BCH, ETH, ADA, TRX, etc.
sr. member
Activity: 573
Merit: 250
December 07, 2019, 07:59:46 PM
#63
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!

I wouldn't like to prefer with you staking, if you have enough money to run mining program even if you don't have country legitimate problem. Because still staking isn't profitable but about Ethereum 2.0, staking could be better. I found only low volume coin which is offering huge staking bonus.
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