Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: KobbyC on March 28, 2018, 07:39:59 PM
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What are some of the measures to put in place to succeed in mining coins ?
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in my opinion, it's hard to measure it. until now i never success in mining i mean never get profit in short time.
but i am sure if i pick good coin and keep it for long term it will get huge profit.
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Mine now sell later :)
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If you do not want to go deeper into studying coins, you can use NiceHash application for mining, which itself determines the most profitable coins and switches algorithms. You receive the payment in Bitcoin.
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If you do not want to go deeper into studying coins, you can use NiceHash application for mining, which itself determines the most profitable coins and switches algorithms. You receive the payment in Bitcoin.
Yes its highly recommended for higher specs of computer your profit will depend on your build.
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choose the good coin before you mine it get some enough details about the coin you are going to mine sale your coin if u think it is on its huge value to sale it
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Luck in the mining, it's when you're in solo mode and you get a block as a reward.
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Look, the definition of success is when you get more money than you invested in mining, right? In other words, it’s when you get positive ROI. In traditional mining, key success components are powerful equipment, low-cost electricity, and increasing coin price. In cloud mining, you also want to choose better data plan with powerful hardware as well as potentially profitable coin. It’s interesting that cloud services may increase ROI by bonuses and discounts (examples are here: http://hashflarecode.com/). And you don’t have to consider electricity cost. Anyway, both mining styles depend on your initial investments and market conditions.