Stop wasting your electricity - page 6.

reliable

full member

Activity: 868

Merit: 151

Quote from: Dart18 on May 31, 2020, 10:41:17 AM

It's not just electricity you wasted.
Time, energy, and effort.
You have to read all of those first and analyze everything specially the profits that you will have for mining it.
Yet, they just dumped it like its nothing.

Top 100, pick one.
There should be one there with low difficulty to mine.

Their are many things that goes on stake like mentioned, its not just money but various other things like time which is the most precious because once it goes away then you would not get it back rest of the things can still be pursued in future. Efforts and energy also is the right thing which gets wasted. Learning from the mistake and not repeating it in future will make be help the person to grow as well.

Dart18

sr. member

Activity: 1400

Merit: 259

It's not just electricity you wasted.
Time, energy, and effort.
You have to read all of those first and analyze everything specially the profits that you will have for mining it.
Yet, they just dumped it like its nothing.

Top 100, pick one.
There should be one there with low difficulty to mine.

shadowdio

sr. member

Activity: 1876

Merit: 289

Zawardo

Oh, what a waste of electricity that you had mined those shitty coins. I never heard those coins, 2018 was full of scam coins. I hope that you learned your lesson, we should do research first before to mine but it's better to mine that already listed in the market.

smyslov

sr. member

Activity: 2030

Merit: 269

Quote from: Gorosden on May 31, 2020, 07:39:32 AM

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 never heard of this coin, I agree that miner should only mine those stable coin that you can mine like Monero, compare to investors you are losing a lot electricity mining rigs and you have to spend a room for your mining rigs, but there are a lot of people who are still attracted to mining new coin which has a very high risk.

Midy

full member

Activity: 560

Merit: 105

make this as a lesson and experience so as not to do the same thing for the future, hopefully all users here can learn from your bad experiences in the crypto world because work without results is the thing we hate the most in life.

sangjoewara

full member

Activity: 1050

Merit: 100

Quote from: Gorosden on May 31, 2020, 07:39:32 AM

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 myself have never heard the names of the tokens that you write, even when in 2018 I have never seen them at all, it's only right that now they are dead and the team ran away, it is hard to believe they have made you really lose.

Retainly_Collie

full member

Activity: 742

Merit: 102

Second Live

That is a valuable lesson for you. Never mine small altcoins in this market, they will never make you profit. And just as you say, we should only invest and mine the top altcoins in this market to ensure profit.

bits4books

sr. member

Activity: 854

Merit: 264

Crypto is not a religion but i like it

You brought a pile of shitcoins and say that it is not necessary to mine them. It seems that you did something that you were not asked to do - you said the obvious thing for everyone that no one else is doing. Is everything okay?

oli123

full member

Activity: 644

Merit: 100

Cryptocurrencies with algo cryptonight is very much and originated like mushrooms after rain. Unfortunately, many of them were worthless and disappeared as quickly as they arose. Personally, I think it is always the risk that will be successful.
Verifying basic things like the support team and the project as a whole can be helpful - This helped me, for example, with the X-cash project. After a short time, it will become clear whether it makes sense to do mining.
Yes you are right it is better to mine coins that are verified. But it is also good to monitor new projects, because there may also be a project that will be successful in the future. I would not lose hope in serious new projects - with different algorithms.

coinsycrip09

full member

Activity: 910

Merit: 100

very unfortunate it turns out you are on a project that failed or can also be said to be a scam project.
you should be wiser in choosing projects. this time 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 beforehand so that you don't waste your time.

killerfrost

sr. member

Activity: 1988

Merit: 254

PredX - AI-Powered Prediction Market

Most altcoins are dead, especially the altcoins that use mining. I've also wasted time with bullshit altcoins investing in mining and masternodes in them. In the end, their prices dropped hundreds of times and made me suffer heavy losses

Iyeman

sr. member

Activity: 1183

Merit: 251

Quote from: filterMX on May 31, 2020, 08:55:18 AM

now there are so many coins left behind and dying, not only mining but there are also investors who lost their money because they chose the wrong coin to invest, before we mine or invest, make sure the quality and prospect of the coins we will invest first.

OP might have learned a lot of lesson from here. It looks like that he will never try to do that again. he was wanna trying to get the chance to expect a lot from those coins while the probability to be the shitcoins even more than the change to be a legit coin.

filterMX

member

Activity: 406

Merit: 37

now there are so many coins left behind and dying, not only mining but there are also investors who lost their money because they chose the wrong coin to invest, before we mine or invest, make sure the quality and prospect of the coins we will invest first.

samcrypto

sr. member

Activity: 2044

Merit: 314

Vave.com - Crypto Casino

Mining is not that simple, its expensive and choosing a wrong coins/tokens to mine will make it more expensive because of wasting everything. You already know how to mine then why not choose bitcoin or other big altcoins instead. You choose that path mate but its not too late to start over again, learn more about mining and be more productive next time.

umbara ardian

sr. member

Activity: 1358

Merit: 259

PredX - AI-Powered Prediction Market

Quote from: Gorosden on May 31, 2020, 07:39:32 AM

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

That's right, never mine shitcoin in this market. Its price will quickly collapse in the future and make you not get much profit. And if you hold them in the long term, they will surely die. Time and money should be spent mining or investing in top projects in this market

Teraboy

hero member

Activity: 2282

Merit: 505

I thought that before try to mining those crap coins and you should have known the risk that you will be faced it when you were trying to deal to mine crap coins.

People have a different opinion than you and there are so many people choose to mine trusted coin rather than bet into the crap coin.

SyndicateLabs

full member

Activity: 896

Merit: 100

PredX - AI-Powered Prediction Market

Quote from: Gorosden on May 31, 2020, 07:39:32 AM

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

If these coins have died since 2018, then I believe you are wasting time and electricity on these projects. You will not be able to profit when mining dead coins. Focus on the top altcoins in this market because in the long run its price will definitely increase and make you profitable.

tulpe123

newbie

Activity: 91

Merit: 0

Thats why its better to just ignore noname shitcoins

blue Snow

legendary

Activity: 1526

Merit: 1032

Up to 300% + 200 FS deposit bonuses

Sorry about your loss, I am confusing how you fund those shit?, how you manage to cost your electricity before if you don't sell it?

Phoenix_PROG

member

Activity: 224

Merit: 28

You choose the wrong coins, mining new coins is just like looking for new coins to buy and hold, you need to do research on the coins before mining them, don't just mine because their mining difficulty rate is very low, I mined coins like LOKI and ETN and I make lots of gains from these two coins

Topic: Stop wasting your electricity - page 6. (Read 1535 times)