With those list of coins that you mined, they are really shit coins. I never heard of those coins, it is really risky to mine a coin that we don't know how long can survive it especially new, it is really waste of time and electricity. Better to trading coins or investing it but pick an old coin that in the top coinmarketcap.
How can you tell if a coin will survive later on? There is no way you can tell than to take risks, no one knew Monero will survive this long, all those who came across the coin when it was launched probably said same thing you saying right now 
Topic: Stop wasting your electricity - page 3. (Read 1549 times)
With those list of coins that you mined, they are really shit coins. I never heard of those coins, it is really risky to mine a coin that we don't know how long can survive it especially new, it is really waste of time and electricity. Better to trading coins or investing it but pick an old coin that in the top coinmarketcap.
before starting to work on a project you should have to check it first. whether the project has the potential to develop or instead will become a junk project. check before hand so that you don't waste your time.don't just mine because their mining difficulty rate is very low. you should mining bitcoin or other big altcoins. You choose that path mate but its not too late to start over again, learn more about mining and be more productive next time.
now focus on altcoin that's on the top list or with a considerable profit when you mine them.
Basically in this sense I would forget anything that was created after 2016,,, because it will all end up a waste of electricity to mine them hoping for next altbull that may or may not come. Same as staking. Waste of space and effort and I have been there so I know!
I never heard nor read about these coins. Mining is still good but for good coins like Bitcoin in only one condition if you have free electricity or the electricity cost is very low. Always search the good project before investment otherwise you will lose all your precious money.
I think mining coins in 2020 and the increasing number of years it will be less profitable because it is very high electricity costs with the results obtained that are not too much will only make a loss, it is better to directly buy coins at the exchange.
For many reasons I have stopped my cryptocurrency mining process some few years back itself. Some of my friends had suggested me not to stop because they were calculating profits in mining with the future prices but I was struggling to continue my mining with respect to current reward/profit levels. A business model must support us in terms of covering all the running costs along with saving some for the future unfortunately mining is not the kind of business model and this is the core reason why I decided to quit it completely.
OP's situation seems different. I'm not sure how people will be mining a coin until it will get delisted from exchanges. Because you need to check the profit level of your mining with respect to current exchange prices of that coin. I am not sure how OP had missed that. Due to heavy competition I guess now onward people may simply go buying rather than risking in mining.
OP's situation seems different. I'm not sure how people will be mining a coin until it will get delisted from exchanges. Because you need to check the profit level of your mining with respect to current exchange prices of that coin. I am not sure how OP had missed that. Due to heavy competition I guess now onward people may simply go buying rather than risking in mining.
While reading the names of those altcoins, I have found no hope in it. Never heard any of them and it's safe to say that you have learned from those altcoins not to mine anymore with such coins. I have an idea that you mined those coins because you have heard or read successful miners that have mined new coins and sold it at a profitable price.
Monero and other good coins, no debate on it and I agree that you should have instead allocated your time, electricity and effort on those coins rather than that ones on the list.
Monero and other good coins, no debate on it and I agree that you should have instead allocated your time, electricity and effort on those coins rather than that ones on the list.
Mask coin looks fresh when it came out, it's a shame it end up dead, would have been a very good privacy coin and bit better than Monero features, if I were you I won't give up, just because these coins fail has nothing to do with luck, no one believe in Loki, Bitcoal, Conceal, can bring profits for miner like they did now, lucky are those who mined them very early when difficulty was low
People mine new coins to become the early whales with big bags and yes you aim for the right way to make money in crypto space but you choose the wrong coins, damn of you have mined sumokoin or dero when they came out you will have thousands of dollars right now, these coins don't know how to quit, some coins are really good but not popular, just learn from your mistake, it happens
Yes, you should learn from the mistakes of others.
It is better to ignore noname cryptocurrency and reduce risks because mining is really expensive, you need to carefully calculate your strength.
It is better to ignore noname cryptocurrency and reduce risks because mining is really expensive, you need to carefully calculate your strength.
This is the risk of mining small shitcoins and if I have a chance to mine I will always go for the top coins because that is more profitable and can cover all your expenses. Mining is not easy mate, so you should know what you’re doing and if you think you’re not earning in mining anymore, start looking for a better alternatives.
I wonder if mining more valuable coins like BTC will cost more money like electricity or the like, compared to mining new coins which of course have fewer blocks and will be easier to obtain?
are the costs used to mine the same for both?
yeah thats what i hear before . that is the advantage and the second advantage is that those coins can also pump hard so it would be easy money for you if you got lucky but if not then you loose electricty and effort but its okay if your electric consumption is small or free at all to some . bigger coins like btc are harder so not all miners prefer them but the only advantage is that they are more surer . you can earn less or big with them if their value pump or if you have a small to free electricity fee
This is the risk of mining small shitcoins and if I have a chance to mine I will always go for the top coins because that is more profitable and can cover all your expenses. Mining is not easy mate, so you should know what you’re doing and if you think you’re not earning in mining anymore, start looking for a better alternatives.
I wonder if mining more valuable coins like BTC will cost more money like electricity or the like, compared to mining new coins which of course have fewer blocks and will be easier to obtain?
are the costs used to mine the same for both?
I never heard nor read about these coins. Mining is still good but for good coins like Bitcoin in only one condition if you have free electricity or the electricity cost is very low. Always search the good project before investment otherwise you will lose all your precious money.
If you are mining those coins you are most likely to a loss. Try mining good coins. Dyor first for the coin to mine.
That's why the big miners are only trying to use small power to bet on the new coins caused by this. They didn't wanna try to waste their power to mine the crap coins. There are so many good coins that have no a lot of competitors in the blockchain and it looks like he can start again to mine it. He must learn a lot from this it's the worst thing to mine shitcoin. 
I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like
1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
I think mining new coins can bring big profits if you jump in on quality new coins, many make fortune mining new coins like 1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
Dero
Karbowanec
Iridium
Graft
Sumokoin
The problem is you failed to choose the right projects, it's not too late, if you still have your rigs just mine coins that has future and good team, the only way to know is by doing good research
Some of the coins that you've mentioned are shit coins and some that I don't know
You should always invistigate before you make a decision like that and waste your electricity, see if the project has a long term strategy / future potential or not
Anyway mixed opinions are around mining, many say that mining is done and only big companies can profit from mining
You should always invistigate before you make a decision like that and waste your electricity, see if the project has a long term strategy / future potential or not
Anyway mixed opinions are around mining, many say that mining is done and only big companies can profit from mining
I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like
1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
I think mining new coins can bring big profits if you jump in on quality new coins, many make fortune mining new coins like 1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
Dero
Karbowanec
Iridium
Graft
Sumokoin
The problem is you failed to choose the right projects, it's not too late, if you still have your rigs just mine coins that has future and good team, the only way to know is by doing good research
I am the same as you, but I invest in a few masternodes. In 2017, their price fluctuated at $ 20-40 but over 2018 it dropped to $ 0.1. It was a terrible experience for me and I lost a lot with them.
Well.. I can understand the sentiment of the OP. For the last 3-4 years, I have tried mining different altcoins, and I have even tried mining Bitcoin in 2017. Ethereum, Litecoin, Deep Onion.etc are some of the cryptocurrencies that I have mined/staked. In the end, I got hardy any returns. Gave up mining/staking in 2019. Mining is not for part-timers like me, who have only 1-2 hours of spare time per day.
If you are mining those coins you are most likely to a loss. Try mining good coins. Dyor first for the coin to mine.
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