Topic: why i prefer mining and investing in ICO/IEO - page 12. (Read 4465 times)
Mining is more profitable than investing in ICO and IEO, but mining requires more funds, sufficient time and skills that are capable of mining. If ICO and IEO we only need research that we think the project is good for the future then we put money and wait without spending a lot of time and big money.
I think everything you do is indeed very profitable. but do not you not realize if in conducting a mining you need to spend so much money at the beginning to make purchases of all equipment needed in the mining work process. maybe you do not feel because you have enjoyed the mining earlier, but for some people it becomes a difficult thing to get. and for some people who have mediocre initial funds will definitely prefer to invest first and hope to get a profit which will then be used to purchase mining equipment earlier.
Free electricity is what makes mining reasonable to me nowadays,if you have this then you are good to go,i personally like moning coins and sell on exchanges than investing money on new projects like ICO AND IEO,anything can happen when tou invest on them,to me mining coins is way more safer than investing in projects
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
It's your method but everyone don't like mining. Yes you are right on your point that mining is not risky than investing IEO/ICO projects. But it's possible that many people can't buy proper equipment for mining. A good place, power and lot of good quality machine need for mining but other hand you just need a computer, internet connection and some research to invest ICO/IEO projects.
You don't need to be worries of getting scammed but you need to be worry about your machine and electricity though. So doesn't matter which way you try to earn you have to face some problems.
I see someone has already created a thread about mining right now is wasting of time but i must agree with you consider about we get the rigs that can be sold anytime. But you should investigate the coin that you will mine it.
As far as i know it's no different with ICOs and there was a lot of scam POW coins right now.
Im a miner and still mine the major coin but that needs a lot of effort and rig to earn a decent amount. Im doing both and never got any problem.
As far as i know it's no different with ICOs and there was a lot of scam POW coins right now.
Im a miner and still mine the major coin but that needs a lot of effort and rig to earn a decent amount. Im doing both and never got any problem.
Mining is solely profitable when you have cheap or free electricity, also buying the rigs isn't cheap as well. Investing in IEOs or ICOs seems a fair play for those not exposed to electricity or can afford mining rigs.
Mineable coins and coins that goes through ICO and IEO are completely different in nature. Though you may argue that you can buy the tokens with the profit of mining, still that doesn't mean you compare the too for profit.
If you are to really care about profit, investing in ICO and IEO would leave mining way behind as it takes years to get back the ROI in mining startup while you can achieve it well within months if you invested in a good project.
If you are to really care about profit, investing in ICO and IEO would leave mining way behind as it takes years to get back the ROI in mining startup while you can achieve it well within months if you invested in a good project.
Totally true it's not worth it especially since electricity costs cuts the profit to a very high degree. Plus it's hard to find coins to mine which has a good profitability. It's good to invest in IEO's/ICO's but considering the high no.s of projects which later on wents scam I don't think it is also that profitable.
Mineable coins and coins that goes through ICO and IEO are completely different in nature. Though you may argue that you can buy the tokens with the profit of mining, still that doesn't mean you compare the too for profit.
If you are to really care about profit, investing in ICO and IEO would leave mining way behind as it takes years to get back the ROI in mining startup while you can achieve it well within months if you invested in a good project.
If you are to really care about profit, investing in ICO and IEO would leave mining way behind as it takes years to get back the ROI in mining startup while you can achieve it well within months if you invested in a good project.
Mining not suitable for everyone, and electricity is high in some countries and some altcoins not mineable, so the best choice is investing, but should choose the project to invest carefully
Mining is not easy and most people will not be able to generate a profit by doing it due to electricity costs. An IEO is preferable to an ICO because it is hosted by an exchange, which means their reputation is on the line. If the IEO doesn't go well, the exchange will lose traders so IEO's have to be carefully vetted.
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
It will depend on the country you live. In our country, mining Bitcoin and even altcoins is not profitable because of the expensive electricity. If you live in a country where electricity bills are cheap then good for you and mining is for you.1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
As long as you mine a coin that has been existing for a long time already then you will not be scammed. There are some coins that are new and can be mine but in the end, they will be a scam coin. I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
Yes mining is more complicated than investing in IEOs,there are some other things to consider when runing mining rigs e.g
1. Cost of electricity
2. Switching from one coin to another when they are not more profitable
3. Graphics card can do overheating and get ROD
4. Motherboard can become faulty anytime
1. Cost of electricity
2. Switching from one coin to another when they are not more profitable
3. Graphics card can do overheating and get ROD
4. Motherboard can become faulty anytime
You must not be thinking that the electricity cost in every country is different. And yeah mining is not as simple as you think. You need to prepare that your rig also needs a treatment sometimes.
You need to pick what's the best coins that you can earn easily and gives you fast ROI. And I can say that's a little bit complicated.
You need to pick what's the best coins that you can earn easily and gives you fast ROI. And I can say that's a little bit complicated.
Everyone wants to look for profit, and everyone has different thoughts in looking for profit, mining is good and profitable, but investing is also not wrong, because through investment can also benefit, even though the way it works is different from mining, if I may know on which site you make mining?
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
You can make money from mining and if you are confident with the job, you should stay focused.
Everyone is not always lucky in mining. So you are very lucky because mining makes you can survive.
Investing in ICOS and IEO has a risk but common.
I prefer investing in ICOS and IEO, although it is difficult but if lucky is able to make great profits.
In my opinion, mining is much more complicated and requires a technical know how to get the best out of the process. The fact that the hardware gets obsolete easily and one needs to make consistent expenses to maintain the mining rigs makes me scared. I have also heard several persons say mining is not profitable unless you're a large scale miner and in all these the market still determines how much you earn because the value of cryptocurrency are not stable.
Mining is not that profitable compared to investing in IEO projects,you dont have to be techy to invest in projects but many investors still find it hard to setup a mining rig,its really difficult for some people sp these kind of people will always choose investing in projects than investing in mining rigs
Yes I prefer to do mining too if I have a mini farm of Gpu and have a lot of free energy power (independent energy) 
. The worst enemy of mining method are only electric cost. If you can handle that, more profit you will got.
. The worst enemy of mining method are only electric cost. If you can handle that, more profit you will got. Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
I do not understand you are referring to exploiting here literally or exploiting in the cloud or using speeding rental services of mining companies. But if you literally mine crypto, it must be accurate, mining always gives you a more stable and sustainable income than investing in risky ICO / IEO projects.
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
Surely mining is a good option if you have cheap electricity and easy availability of hardwares. You are not only earning coins for you but also helping the blockchain. The more the number of miners, the more distributed the currency would be. But mining can't be the sure shot way to profit for most.1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
The sure thing about mining is you get the number of coin you estimated but that necessarily does not assure profit as the price of coins keeps on fluctuating.
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