It's important to note that cryptocurrency mining is a highly competitive and rapidly changing field, and mining profitability can be affected by a variety of factors such as mining difficulty, network hash rate, and the price of the token. Therefore, it's important to conduct thorough research and consult with experts before deciding to mine any cryptocurrency, including Aleo.
As in my opinion about Aleo, I don't have one, just make sure you have an exist strategy. Due to the high launch of scam projects and the fact that a part of the raised money is declared for marketing purposes, be vigilant!
Topic: What do you guys think about Aleo? (Read 77 times)
Hey guys! I have been mining Aleo since the past week at https://aleo.zionodes.com/, and they have been dispursing about 8-13 credits per day (for 10,000 c/s). By the end of my contract, I should have over 320 credits (roughly) which would be converted at a 5:1 ratio to the coin. So, I should end up with about 60-65 coins by the mainnet launch. While I think the upside is massive, how much do you guys think each coin would be worth. As per current forecast, It is expected that each coin would be worth at least $40, to about $60. If you guys already have researched on Aleo like I have, how far do you think the project would go? FYI: They have raised around $290M from investors already.
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