Whether you already have a mining plant, large or small, or if you rent a plant from the most popular and well-known retailers, the extraction of coins is almost never profitable today, except if you have low-cost current, under $ 0.06.
With today's current values and network hashes it is worthwhile to buy Veil, and almost every other coin, directly in the exchanges.
Topic: the Veil Project Mining- Privacy without Compromise - page 9. (Read 6062 times)
How profitable is Veil coin mining today? There are those people here who are really independently engaged in mining this coin or mine using a pool.
If you are mining by renting a rig then it's not profitable right now but if you are mining using your own mega rig then It could be somewhat profitable.
What I am doing is mining and HODLing maybe in the future it could give me a good return.
Exactly, people who have their own mining ring will help them to make them some decent profit but people who are taking a rig for a rental will not help them to make a profit because they need to spend a lot of money for renting the rig because i have experienced it previously.
I don't understand, their CMs have said multiple times that
their devs are/were affiliated with pivx, what's scammy about it?
Observing how their team works, it does not seen like a scam to me but you never know.
It is best to buy what amount of veil you can afford and stake them to get reward maybe daily depending on the size of your wallet rather than going through the heart attack moments of trading, pos is more guarantee than trading, you can sell your accrual at the end of each month for passive income,
My target to purchase at least 12k veil so i can get daily reward to earn passive income. This is best option imo.
More veil more passive income and also as you said pos is much better than trading i think it was because pos is passive and trading is gambling that without knowing what will happen to your money.My target to purchase at least 12k veil so i can get daily reward to earn passive income. This is best option imo.
Actually both options have their advantages, and it is obvious that a good trader has a potential for profits that neither mining nor staking can offer, but taking into consideration all the potential that Veil has in the medium and long term, the important thing is to continue accumulating this promising crypto no matter what method you choose. Personally, I prefer trading first, mining second, and staking third.
Guys, something very long is sync with Veil network, as it should be? And another question, is there any way to speed up this process?
I just installed the latest version of the wallet (1.0.3), before that I had version 1.0.2 and the process was really very slow. But now everything seems fine, it helped me. It is best to buy what amount of veil you can afford and stake them to get reward maybe daily depending on the size of your wallet rather than going through the heart attack moments of trading, pos is more guarantee than trading, you can sell your accrual at the end of each month for passive income,
My target to purchase at least 12k veil so i can get daily reward to earn passive income. This is best option imo.
More veil more passive income and also as you said pos is much better than trading i think it was because pos is passive and trading is gambling that without knowing what will happen to your money. My target to purchase at least 12k veil so i can get daily reward to earn passive income. This is best option imo.
Guys, something very long is sync with Veil network, as it should be? And another question, is there any way to speed up this process?
I just installed the latest version of the wallet (1.0.3), before that I had version 1.0.2 and the process was really very slow. But now everything seems fine, it helped me. Guys, something very long is sync with Veil network, as it should be? And another question, is there any way to speed up this process?
Do you use daily snapshot?https://veil.tools/docs/snapshots.html
With this snapshot my wallet sync with Veil network fast enough.
How profitable is Veil coin mining today? There are those people here who are really independently engaged in mining this coin or mine using a pool.
If you are mining by renting a rig then it's not profitable right now but if you are mining using your own mega rig then It could be somewhat profitable.
What I am doing is mining and HODLing maybe in the future it could give me a good return.
Veil has increased their presence in the crypto sphere alot these last few months it seems
i haven't looked into them yet i admit, just so many projects, so little time
time to do so i think tho, as i need some new solid long term PoS coins in my portfolio
See where this goes in a year or 5! Good Luck to all
i haven't looked into them yet i admit, just so many projects, so little time
time to do so i think tho, as i need some new solid long term PoS coins in my portfolio
See where this goes in a year or 5! Good Luck to all
How many on average with 10k of a vail can be obtained per month for staking? No one can give information exactly everyone is talking about ranges.
But people wanted the % algorithm to be more simple stable so that the big players know what to expect from the project.
But people wanted the % algorithm to be more simple stable so that the big players know what to expect from the project.
Veil is a good project that is one of the mainreasons why i joined bounty i wanna help to spread veil in the forum because i saw this project very promising,this will probably be one the of the biggest ICO this year and will surely hit the top100 chart very fast
I've been renting rigs on Miningrigrentals with varied success. Depends on how low people are willing to sell there power.
As for mining blocks being anonymous... Are you solo mining - and if so, how or where are you doing this?
I've thought of trying solo, but not sure how to point miners to my wallet.
As for mining blocks being anonymous... Are you solo mining - and if so, how or where are you doing this?
I've thought of trying solo, but not sure how to point miners to my wallet.
Hey, no I am not mining solo blocks. I was talking about PoS mining, before stakes reward we got were anonymous is that still the case?
I've been renting rigs on Miningrigrentals with varied success. Depends on how low people are willing to sell there power.
As for mining blocks being anonymous... Are you solo mining - and if so, how or where are you doing this?
I've thought of trying solo, but not sure how to point miners to my wallet.
As for mining blocks being anonymous... Are you solo mining - and if so, how or where are you doing this?
I've thought of trying solo, but not sure how to point miners to my wallet.
Hey, no I am not mining solo blocks. I was talking about PoS mining, before stakes reward we got were anonymous is that still the case?
Before the bounty distribution, I think the price was around 3500 (I think) and after that, the price went to 2700 so I don't think that's much of a dump caused by bounty distribution.
Yes, you are bounty distribution is not the major cause to decrease its price but i think it is based on the market situation because the price of Both the Ethereum and Bitcoin sudden surge makes the coin to decrease its value.
Yes, Bounty hunters don't sell their coins in the market due to most of the people are showing interest towards the staking. Look at the price of Bitcoin and ETH prices decreased a lot in the market this makes to decrease its value in the market. So we shouldn't bother much about the price in the long term we might see much benefits from this coin.
True, I am one of the bounty hunters and I am not going to sell my veil coins, I want to hold them for a long term. Futhermore, thanks to POS algorithm, I can mine these coins just by leaving my wallet online. Therefore I want to get more veils before the price soars up.
Guys, something very long is sync with Veil network, as it should be? And another question, is there any way to speed up this process?
Do you use daily snapshot?https://veil.tools/docs/snapshots.html
With this snapshot my wallet sync with Veil network fast enough.
Yesterday I synced for a long time, but every time I went to a block node, I stopped and looked forward to the next version. I hope someone has a complete node and download it for us.
Guys, something very long is sync with Veil network, as it should be? And another question, is there any way to speed up this process?
Do you use daily snapshot?https://veil.tools/docs/snapshots.html
With this snapshot my wallet sync with Veil network fast enough.
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