Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: mayuri27 on February 07, 2018, 06:23:56 PM
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There are lots of companies offering mining of the cryptos.
But in the shake of CPU and GPU is it good idea to mine ?
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It's not a good idea in my opinion. The old coins have greater difficulty to mine now. Could have explained more but I cannot. That's the truth.
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This is not a good idea imo and i suggest mine a new coin such as ETN with potential in the long run.
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i think better buy the coin and trade it than mining old coin.
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I agree, buy coins now since the market is bleeding then hodl at wait till the coins will pump its price.
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There are lots of companies offering mining of the cryptos.
But in the shake of CPU and GPU is it good idea to mine ?
I think its not profitable because old coins without any updates turn into shitcoins and you cant gain profit on it your wasting time.
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mining old coins is not a good idea .. it is already old coins and no detail about it so why would you wasting your time to coin that is not in the new generation .. if i were you i will mine the new and good coin and sell it if it hits the high price
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Despite the fact that old coins are doing very well in the system, it is not a good idea to mine them. People ignored the potential of the coins we call old today and doing well and have now regretted why they couldn't mine them in their infancy. Now it is difficult to mine them. The same thing will happen to the now new cryptos in the near future. Do not despise small beginnings
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for us to mine our good ideas using an easy way to make a profit, but with us, the mine takes a long time. so we will get many benefits.
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If you don't wanna update hardware and software on you PC and invest in it, I would suggest you to go and mine a real gold instead , you might like it :)
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I think it's better to get completely new moments. Mining to the GPU does not consider it at all.
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Which coins are old? If you’re talking about Bitcoin, Ethereum and other major currencies which originated a few years ago, it’s not the worst way. Bitcoin is controlled by large mining pools but other old altcoins are reliable, so they can bring more money in the long run. With new coins, you can’t be sure about their future. Additionally, new coins aren’t supported by large cloud mining sites. If you prefer this way to traditional one, focus on old altcoins. what’s more cool, you can get bonuses which aren’t available for new tokens: http://ccgminingcode.com/ . However, you should always consider risks of both cloud and traditional mining. Trading and investing may suit your style more.
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The old coins have difficulty and getting harder as far as I know to mine them now
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Old coins are harder to mine at this time. That's right @ Paulomits. It's better to mine other coins that are easier. Try to mine Siacoin, Bytcoin and Litecoin. I have mined it now.
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I think it depends on what coins you will be mining. Most people prefer mining old coins that have potential, and some people like new coins because analysis of coin development in the future is more promising. No need to see old coins and new coins, the most important is the mining strategy that you will do.
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I believe if you do not have normal mining equipment, then you can try a less expensive mining method such as PoS mining or for example there is a coin that is paid for listening to the radio. I have long used these kinds of minings for a long time and I like it. I can write an article about how to earn those who have weak equipment. If anyone needs help, do not hesitate to PM me.
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Old coin mining like bitcoin is currently difficult to do. Many large companies have mined bitcoin with advanced equipment. This means that mining old coins by individuals without using special tools will be much more difficult. My advice, mine a new crypto coin even though the price is not too high like bitcoin.
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If you like certain old coins and you have weak computer characteristics, then you can try to get them, but it is better for you to see what coins are profitable to mine on your computer, and then change them to those coins that you like.
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Mining old coins like bitcoin is a good idea. But mining old coins is very difficult at this time because of the limited amount. I think it's better to mine new coins that are easier. Although it has not provided profit, but if it is stored for a long time, I'm sure the coin has potential.
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I think that is not a good idea considering the results obtained are not in accordance with what is done
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As many have said, not a good idea. You can still try if you want just make sure you have a low cost power source
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Mining old coins at this time is not a good idea. I think old coins are harder to mine and currently not too profitable. So it's better to mine for other, easier coins like Monero, Litecoin or Siacoin.
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Is there anyone who mine Bitcoin? Is it still profitable? And which mining rig you use?
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I think mining old coins will not be profitable like before so better analysis to do it. However, it also depends on how difficult and your power consumption. Loss or profit depend on the time of mining and the time of selling.
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Depend on what coin is this, if the project have potential to success in future, we can say worth it to mining in that project
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I think mining old cions is not good idea is not profitable at this time ...its better mine litecion and siacion for now