Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: okstefen on December 23, 2017, 11:30:26 AM
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I am wandering if it worth it this days to invest several hundreds of thousands of Dollars in purchasing mining gadgets?
The questions on my mind are:
1. If I invest £20000 on mining gadgets and on the other hands buy bitcoin/Ethereum worth of £20000, which one do you think will yield high profits after a year or two?
2. For fun of it, we you consider buying one of this mining tools or buy a share mining pool from big companies like genesis, eobot or hashflare?
3. Hence, my question, where is the best place to mine Ethereum?
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https://minergate.com
https://hashflare.io
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https://minergate.com
https://hashflare.io
There several links out there to a mining firm or the other. The question it are they worth investing to? Do they deliver to time?
Tell us their minimum take and time frame to their give back. Thanks
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I am Happy to be a part of this project
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I am Happy to be a part of this project
Good to hear that. You are trying to gather more point to meet up right?
I will give you two suggestion:
Login in to your account daily and click on these two links in the upper left hand of your account. These will help you to keep track of your activities on the thread.
1. Show unread posts since last visit.
2. Show new replies to your posts.
If this help you, do not forget to use a + karma/ a way of saying thank you to a a helpful writer
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informative posts. i'll just trade at my own risk! :)
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informative posts. i'll just trade at my own risk! :)
That is the best decision you can ever make. Trading now even requires that you watch your back always.
Good luck friend and trade with care
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The question it are they worth investing to? or its better to buy
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If you are long term investor or have time for trading. You should invest in Crypto market directly. Mining is not beneficial if electricity is not very cheap moreover there are a lot of technical issues.
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You can get up and running with something like Minergate within an hour, even with 0 experience mining. With a little work, you can flash the BIOS of your cards to increase their efficiency, as well as set up your own rig to mine via a command line tool straight to your wallet, instead of using a program such as Minergate or Nicehash.
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You can get up and running with something like Minergate within an hour, even with 0 experience mining. With a little work, you can flash the BIOS of your cards to increase their efficiency, as well as set up your own rig to mine via a command line tool straight to your wallet, instead of using a program such as Minergate or Nicehash.
Yes is nice but the uncleared question is, does it worth time and money as we are in most difficult days of mining? Or can we consider buying, staking and trading as the best alternative?
These and more require practical response.
Please submit yours.
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With not being able to predict what ETH (or any cryptos) are likely to be like over the next year - why not hedge your bets and do 33/33/33 over all options (own hardware/Cloud/Trading)?
Hypothetically if I had $20k then I'd just buy the 20k worth of ETH.
However, if you buy the mining rig you can adapt as the year goes by. You might be able to mine something at a lower diff than ETH and therefore make more than the expected growth from having held your ETH all year. You also need to factor in all the ongoing requirements of keeping your machines running and electricity so depending on your ability and desire in doing that - it could very well be that annoyance of mining and controlling your rigs outweighs its customisation.
At the end of the day - everyone is going to spread the risk and development strats based on what they are comfortable with.
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With not being able to predict what ETH (or any cryptos) are likely to be like over the next year - why not hedge your bets and do 33/33/33 over all options (own hardware/Cloud/Trading)?
Hypothetically if I had $20k then I'd just buy the 20k worth of ETH.
However, if you buy the mining rig you can adapt as the year goes by. You might be able to mine something at a lower diff than ETH and therefore make more than the expected growth from having held your ETH all year. You also need to factor in all the ongoing requirements of keeping your machines running and electricity so depending on your ability and desire in doing that - it could very well be that annoyance of mining and controlling your rigs outweighs its customisation.
At the end of the day - everyone is going to spread the risk and development strats based on what they are comfortable with.
You are absolutely right and am going to give you a Kama for your contribution. If you like my thread you may give me one positive kama too.
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https://minergate.com
https://hashflare.io
Hi! May I ask how long it took you to get your payout from hashflare? Tnx!
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https://minergate.com
https://hashflare.io
Hi! May I ask how long it took you to get your payout from hashflare? Tnx!
As for me, I have never had a payout on hash flare but multiple times on eobot.
Hashflare set a heavy payment line. It takes time to reach. I can really hope someone will answer with their xp
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https://minergate.com
https://hashflare.io
Hi! May I ask how long it took you to get your payout from hashflare? Tnx!
hash flare is nt paying and wasted time itry too im the limit widrawal but this is disapper
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https://minergate.com
https://hashflare.io
Hi! May I ask how long it took you to get your payout from hashflare? Tnx!
hash flare is nt paying and wasted time itry too im the limit widrawal but this is disapper
i have issues with my hashfare account too. Its almost a year now and i have not been able to make a catch out. I think only those who invest in big Euros are favoured