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Topic: Stop wasting your electricity - page 6. (Read 1549 times)

full member
Activity: 868
Merit: 151
May 31, 2020, 09:56:24 AM
#24
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.
sr. member
Activity: 1400
Merit: 259
May 31, 2020, 09:41:17 AM
#23
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.
sr. member
Activity: 1876
Merit: 289
Zawardo
May 31, 2020, 09:37:28 AM
#22
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.
sr. member
Activity: 2030
Merit: 269
May 31, 2020, 09:09:25 AM
#21
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.
full member
Activity: 560
Merit: 105
May 31, 2020, 09:07:50 AM
#20
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.
full member
Activity: 1050
Merit: 100
May 31, 2020, 09:07:32 AM
#19
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.
full member
Activity: 742
Merit: 102
Second Live
May 31, 2020, 09:01:45 AM
#18
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.
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
May 31, 2020, 08:58:23 AM
#17
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?
full member
Activity: 644
Merit: 100
May 31, 2020, 08:56:27 AM
#16
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.
full member
Activity: 910
Merit: 100
May 31, 2020, 08:14:07 AM
#15
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.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
May 31, 2020, 08:10:15 AM
#14
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
sr. member
Activity: 1183
Merit: 251
May 31, 2020, 07:57:36 AM
#13
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.
member
Activity: 406
Merit: 37
May 31, 2020, 07:55:18 AM
#12
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.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
May 31, 2020, 07:39:25 AM
#11
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.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
May 31, 2020, 07:41:44 AM
#11
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
hero member
Activity: 2282
Merit: 505
May 31, 2020, 07:23:51 AM
#10
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. 
full member
Activity: 896
Merit: 100
PredX - AI-Powered Prediction Market
May 31, 2020, 07:20:49 AM
#9
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.
newbie
Activity: 91
Merit: 0
May 31, 2020, 07:14:03 AM
#8
Thats why its better to just ignore noname shitcoins
legendary
Activity: 1526
Merit: 1032
Up to 300% + 200 FS deposit bonuses
May 31, 2020, 07:07:43 AM
#7
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?
member
Activity: 224
Merit: 28
May 31, 2020, 07:06:42 AM
#6
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
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