Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: Marryan on June 08, 2021, 02:08:43 PM
-
Did you hear about Chia Coin?
It is a hype green coin, which is now becoming a leader in the cryptocurrency mining market. Despite the hype, Chia Coin is still not as green as Crypton — the internal cryptocurrency of the Utopia ecosystem. The first has some drawbacks in technical terms. Although Crypton does not position itself as a green cryptocurrency for mining, it is a privacy coin. But the technical data suggests otherwise.
Will Crypton mining become a new market leader due to its ergonomics and low energy costs?
It is more acceptable than Chia Coin in several points:
- Equipment
- Environmentally friendly
- Breakthrough technology
- Low technical requirements
- Easy way to withdraw funds
Crypton cryptocurrency is completely decentralized and cannot be manipulated by government organizations. All transactions made in Crypton are final and cannot be canceled. Furthermore, users have full control over their personal assets, as there is no third party with the right to interfere in the system processes.
No one can block the Utopia user's wallet or influence it in any way. Personal transactions cannot be viewed by other system participants and are conducted with minimal fees. CRP mining has almost no effect on the performance of the computer.
What do you think about it?
-
It's nice that green eco-coins are getting more and more popular. But all of them have different issues. In the case of CRP, it's a closed-source application that can be not very trusted by some people. Moreover, the value of the coin is very low and is not growing. But it doesn't require any additional investments, which is great. Speaking about Chia, it's also not very trusted now. Moreover, by buying additional supplies people lose good money. So choosing between them, I'll prefer Crypton.
-
Yes, this coin seems very promising to me, but I do not understand what the future holds for it in the future? As I have already noticed, the majority of the crypto community is not very picky and trusts the empty promises of opinion leaders.
-
No one knows that for 100% as even with Bitcoin situation is the same. All these predictions are just words and people are never ready to falls and rises. Moreover, all this artificial mess after some empty announcements is changing the rules of the market.
-
Yes, the market is going through a whole revolution of sorts. Many projects may collapse, but many will be able to resist. So for now, we can only observe it.
-
So what do you think about Crypton from Utopia p2p https://utopia-ecosystem.com/ ? Requiring no investments for mining and having its own exchange, it may be a really perspective project. We just have to wait until all the hype will be over.
-
Hmm, I've seen a lot of mentions of this project on Twitter. It becomes obvious that the coin is gaining popularity. In addition, recently, there has been a growth of the coin. While at this time, the chia rate is falling.
-
Chia felled three times what is a real disaster for miners. I've told from the very beginning that it's just hype and investing in it is insane. Now probably only reach people could get something from it. Especially the creators. All the others lost everything.
-
You see, in the end, those who did not expect to get a wild profit by any possible means were right. Still, sometimes it's worth thinking before investing in something dubious and new.
-
Their investments form part of a wider movement within the hedge fund industry towards crypto. According to PriceWaterhouseCoopers, half of all hedge funds were investing in the crypto industry by May. A month later, a survey conducted by management firm
-
Their investments form part of a wider movement within the hedge fund industry towards crypto. According to PriceWaterhouseCoopers, half of all hedge funds were investing in the crypto industry by May. A month later, a survey conducted by management firm
And what does it change? The only people that earned on chia are its developers, I guess. People that invested in mining will never get their money back for sure.
-
Well yes. I wonder when they will understand this? These losses are too great not to pay attention to them.
-
Seems like all of them still hope that the coin will recover right after the Bitcoin one day. But I don't think it will work like that. For now, I decided to participate in mining promo action from Utopia p2p https://www.altcoinstalks.com/index.php?topic=223611.0 as it seems promising to me. And it will be nice to get a part from a big prize pool they provide.
-
These are all empty hopes. This coin will never be successful again. The wave of hype subsided and all the shortcomings came to the surface, which even more clearly emphasized the need for truly eco-friendly projects.
-
Have you decided to participate in the promo action I've mentioned above? As I know, it's possible to create up to 50 bots on one PC and run them simultaneously. Can you imagine how much can you mine? Moreover, I hope to get a part from the prize pool of 5000$.
-
YES, I am happy to take part in this promo. I also participated in the first bounty, so I am very impressed with the conditions and scale of the new promo.
-
I can tell you even more. It's now possible to run up to 50 mining bots per each PC. Of course, it also depends on your PC capacity, but it increases the number of mined coins in many times. It's interesting to check how will it affect the energy consumption.
-
Really? Such a number of mining botls is really impressive. It seems to me that this is a great advantage for an eco-friendly project. Especially if you take into account the low level of energy consumption during mining.
-
For some reason, not many people care about the level of energy-consumption during mining. But it can be considered as another income from mining. Saving money is always nice: the less you spend - the more you get.
-
Those who are not concerned about the level of energy consumption of mining, probably just did not pay large bills=) But seriously, low energy consumption is also environmentally friendly.
-
Who cares about it nowadays? We're already in a huge eco-collapse, but people continue polluting the nature. I'm already tired telling people about all the bad sides. So I care for myself only. If they want to lose huge money on mining hoping the coin will jump to the space - it's their right.
-
Yes, after all, why drag the entire crypto community behind you? The sooner you are at the top of success, the better for you.
-
Another great update! Utopia p2p announced a new stablecoin UUSD (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db) which is backed by DAI cryptocurrency. I wonder why such coins appear only now. It saves so much nerves, when you don't have to worry about the coin rates. And in a row with full anonymity, it's twice great!
-
Hmm, very interesting. How did the developers manage to preserve the anonymity of the coin? In general, the news seems very promising, but I still have questions.
-
I think if they could create an anonymous blockchain ecosystem, they know how to make an anonymous coin. It should have happened before as the number of stablecoins is wider than private ones. And someone had to unite this all in one coin. Let's see how it will be developed.
-
you're right. The combination of two strengths makes this coin a worthy competitor. It remains only to expect a positive reaction among the crypto community, but I think that it will not take long to wait.
-
The reaction and popularity will come after the coin will be listed on several big exchanges. As it's the first step to get any trust and attention. I'm almost sure that devs work on that already. First steps are the hardest always, so give it some time.
-
Hmm, let's see what happens next. Listing a coin is quite expensive. Therefore, this can be a problem for a non-profit and self-funded project. However, I may be wrong. We'll see what happens next.
-
How then they've listed Crypton on 3 trading platforms?? Which, by the way, already reached 31K active nodes what's really impressive! You better check everything first and then make conclusions. No one will launch a coin if he has no opportunity to list it somewhere.
-
I may be wrong, but all three platforms were not very reliable and popular. Although, of course, perhaps I do not have enough theoretical basis to confidently draw some conclusions. As for the years , this is really a good result.
-
But you should understand that the bigger exchange is - the more they ask for the listing. It's not very smart to pay huge money for the listing of a new coin. For ow, of course, they can think of adding Crypton to more trusted exchanges. But now it's turn of UUSD to be listed.
-
But you should understand that the bigger exchange is - the more they ask for the listing. It's not very smart to pay huge money for the listing of a new coin. For ow, of course, they can think of adding Crypton to more trusted exchanges. But now it's turn of UUSD to be listed.
Yes, I have already studied the information about this new stablecoin. It seems to me that the developers have done a really great job. After all, the UUSD will rightfully soon be able to compete with older stablecoins.
-
Together with that Crypton is also moving and now you can get it for free just for your activity on the inner Utopia forum uTalk: https://www.altcoinstalks.com/index.php?topic=234636.0 I like such bounty campaigns that don't require any big moves. As I'm already an active participant of uTalk, it would be really easy to get a reward for my usual actions.
-
Oh, wow! I must say that I have never heard anything about such bounties before. It will probably be a very interesting and attractive promotion
-
It's a usual thing. Hundreds of such bounties are held every day. The other question is in the reward and in coin itself. As if it's something that is worth nothing - there's no need spending your time on that. But looking at the number of participants in Utopia's bounty campaigns, seems that it's worth trying.
-
HMM, well, first of all, this is the third promo that the developers have been conducting in the last six months, if memory serves me, this means that the promotion is definitely not a scam. Secondly, I have familiarized myself with the terms of the promotion https://utopiap2p.medium.com/participate-in-utopia-forum-bounty-campaign-e8e880fb55dc and I was pleasantly surprised.
-
Oh, cool! The developers have launched another bounty - this time, it seems to me, they have made it simpler and clearer. users who like simpler mechanics will be delighted.
-
Yes, of course. There are enough users in the crypto community who are passionate about quick and easy earnings. I would be interested to know what is the total number of participants in this bounty?
-
The chia coin looks great and i hope that if we invest in this coin we can make our future good and we can trust on this coin because so many coin now at this time are fake and we can not earn good money through this but i hope we start mining of Chia coin we can make good profit through this easily.
-
Did you hear about Chia Coin?
It is a hype green coin, which is now becoming a leader in the cryptocurrency mining market. Despite the hype, Chia Coin is still not as green as Crypton — the internal cryptocurrency of the Utopia ecosystem. The first has some drawbacks in technical terms. Although Crypton does not position itself as a green cryptocurrency for mining, it is a privacy coin. But the technical data suggests otherwise.
Will Crypton mining become a new market leader due to its ergonomics and low energy costs?
It is more acceptable than Chia Coin in several points:
- Equipment
- Environmentally friendly
- Breakthrough technology
- Low technical requirements
- Easy way to withdraw funds
Crypton cryptocurrency is completely decentralized and cannot be manipulated by government organizations. All transactions made in Crypton are final and cannot be canceled. Furthermore, users have full control over their personal assets, as there is no third party with the right to interfere in the system processes.
No one can block the Utopia user's wallet or influence it in any way. Personal transactions cannot be viewed by other system participants and are conducted with minimal fees. CRP mining has almost no effect on the performance of the computer.
What do you think about it?
I don't know nor exactly sure if this is the coin CHIA you are talking about according to CMC
https://coinmarketcap.com/currencies/chia-network/, and second I am not quite yet familiar with this
altcoins so far.
-
The problem with the Chia coin is that it had to be done so that in the event of a project failure, the equipment can be used not only for its intended purpose, but also used for other purposes.
-
The chia coin looks great and i hope that if we invest in this coin we can make our future good and we can trust on this coin because so many coin now at this time are fake and we can not earn good money through this but i hope we start mining of Chia coin we can make good profit through this easily.
Mining chia = big expenses for buying SSD, HDD, then high electricity fees and very slow process of mining. Someone calculated that you could return your money in 5 years only. And it's with the nowadays rate, and what if it will fall? That's why I prefer mining Crypton with my PC and internet connection only.
-
you're absolutely right. The high environmental friendliness of the project in this case is very doubtful. A lower level of energy consumption more than covers the number of used SSDs.
-
I would not even start mining if I'll need to buy any additional equipment. It's easier for me to trade and mine in a way Crypton is mined in order not to lose much and not to invest in mining. It's just a positive bonus. And I feel sorry for all the people that believed in chia one day and spent so much money on it.
-
Have you heard the latest news about Utopia p2p coins? Both of them were listed on a new exchange yesterday - CRP (https://p2pb2b.io/trade/CRP_USDT/) and UUSD (https://p2pb2b.io/trade/UUSD_USDT/). Nice to see the development of the project, while they already have their own decentralized exchange.
-
I've checked their exchange today and what I've seen :) Crypton gained +50% to its rate in 24 hours after that listing https://crp.is/exchange/crp_usdt And it's not the end, the scale is green and it continues to improve. Is it a new year gift or what? :)
-
Looks like that :) I knew that listing can give a positive push to a coin, but I didn't know that so much. As Crypton already reached a dollar value and all that happened in few days. I'm happy that for now I can be sure that I've chosen a right coin as I was starting to worry. It was a long stuck on the lowest level.
-
No need to worry =) . I think that the level of Сrypton will only continue to grow. This is facilitated, for example, by the fact that Utopia p2p sponsored the Blockchain Economy Expo. This is the First Blockchain Exhibition in the "World Expo" history.
The Blockchain Economy Expo will be held as part of the World Expo on November 14-15, 2021 in Dubai Exhibition Centre. The WORLD EXPO is being held for 170 years and for the 1st time, blockchain will be introduced to the world at the same level as countries, international organizations and other traditional businesses.
-
it seems to me that this coin entered the market so quickly, they forget about it so quickly, it didn't turn out quite as everyone expected.SSD drives are not as stable as video cards, and it is quite difficult to mine this coin alone, probably miners have regretted it several times, the coin has fallen in price, etc.
-
of course you're right. There are other projects, for example, Сrypton, which is more environmentally friendly. The growth of this coin continues slowly, without sudden jumps, but steadily. The popularity of the project is also growing.
-
Haven't you heard that Utopia p2p officially sponsors the Blockchain Economy Expo? This will be the First Blockchain Exhibition in the "World Expo" history. The Blockchain Economy Expo will be held as part of the World Expo on November 14-15, 2021 in Dubai Exhibition Centre. The WORLD EXPO is being held for 170 years and for the 1st time, blockchain will be introduced to the world at the same level as countries, international organizations and other traditional businesses
-
CHIA is a storage blockchain, so I think its consensus protocol is quite good, in the future decentralized storage systems like FIL or BTT can apply this mechanism to encourage users to invest in content. storage to serve GameFi & Metaverse.
-
::)
-
CHIA is a storage blockchain, so I think its consensus protocol is quite good, in the future decentralized storage systems like FIL or BTT can apply this mechanism to encourage users to invest in content. storage to serve GameFi & Metaverse.
Chia is not decentralized as I know and what's the point waiting for some future? Its rate already shows that it's a bad choice. Even devs do nothing about the coin improvement. If you want something green - better try Crypton. It doesn't require any additional mining equipment and ahs its own decentralized no KYC exchange.
-
I don't understand how else you can continue to talk about chia as a promising coin? It has long been obvious that the project was missed. Why it can't accept part of the users is unclear.
-
It seems to me that only those who receive some benefit from users who have lost money on mining this coin continue to talk about the profit of chia. Everyone who has suffered at least once has radically changed their opinion on this matter.
-
It seems to me that only those who receive some benefit from users who have lost money on mining this coin continue to talk about the profit of chia. Everyone who has suffered at least once has radically changed their opinion on this matter.
It relates to the personal experience.
We actually know that every mining has its positive and negative sides.
And mining is now not really profitable compared than before 2018.
However, thos who have high mining app of this coin may still earrn worthy rewards. That is why mining Chia still becomes a choice
-
[quote author=UNIVERSE link=topic=216517.msg1270988#msg1270988 date=1638312332
It relates to the personal experience.
We actually know that every mining has its positive and negative sides.
And mining is now not really profitable compared than before 2018.
However, thos who have high mining app of this coin may still earrn worthy rewards. That is why mining Chia still becomes a choice
[/quote]
Okay, I agree that mining depends and is different for different coins. But if we speak about Crypton mining in Utopia p2p. All you have is to install the software on your PC and connect to the internet. No additional equipment is needed. So in this case I spend nothing and simply gain my money. Isn't it better? Especially while Crypton gains +650% per month.
-
Also, do you know that two image teasers were published all over their communities. The first one with a mobile phone with Utopia logo on it and the second one with a green scale and +1 sign nearby. So inner exchange is also developing. Or we have to wait for another Crypton listing.
-
It was about another coin that was added to Crypton exchange. Aaaaand, are you ready?? It's MONERO! https://crp.is/exchange/xmr_usdt Now people from all over the world can trade Monero without any restrictions and absolutely anonymous. Isn't it great?
-
It was about another coin that was added to Crypton exchange. Aaaaand, are you ready?? It's MONERO! https://crp.is/exchange/xmr_usdt Now people from all over the world can trade Monero without any restrictions and absolutely anonymous. Isn't it great?
Of cource it's great!! This update came in handy for world events, and also supported the general ideology of the application. Developers still adhere to the idea of providing users with freedom and data security.
-
It was about another coin that was added to Crypton exchange. Aaaaand, are you ready?? It's MONERO! https://crp.is/exchange/xmr_usdt Now people from all over the world can trade Monero without any restrictions and absolutely anonymous. Isn't it great?
Of cource it's great!! This update came in handy for world events, and also supported the general ideology of the application. Developers still adhere to the idea of providing users with freedom and data security.
Also, it fits not only the ideology of the project. It seems to me that it also managed to fit perfectly into the overall plan for the development and attraction of attention to the project. I think that recent events have turned out to be most welcome.