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Author Topic: Mining: yes or no?  (Read 32408 times)

Offline dogeatehomework333

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Re: Mining: yes or no?
« Reply #15 on: December 18, 2019, 01:47:26 PM »
It seems to me that now mining does not look profitable  :-\

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Re: Mining: yes or no?
« Reply #15 on: December 18, 2019, 01:47:26 PM »

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Offline Coin63@

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Re: Mining: yes or no?
« Reply #16 on: December 25, 2019, 02:06:55 AM »
No because I don't get any benifits from mining or digging programs. Firstly I participated in mining programs but nowadays I don't believe mining.

Offline othell_rogue

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Re: Mining: yes or no?
« Reply #17 on: January 19, 2020, 07:08:46 AM »
In my opinion mining for regular people like us is a waste of time and money, I better buy some POS crypto and get a piece of the pie.
Since not many coins are still profitable and many are mining and holding with the hope that  the price will increase, in my opinion is better to invest money to buy a certain crypto and hold it until the price is going up. Is better than mining at this moment, unless you already have the equipment and free electricity.
In order for the light to shine so brightly, the darkness must be present. - Francis Bacon

Offline hinder

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Re: Mining: yes or no?
« Reply #18 on: January 25, 2020, 02:37:44 PM »
Mine or buy , two choices really. mining can be very profitable if you put the time into researching good coins.

Offline Haider2.0

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Re: Mining: yes or no?
« Reply #19 on: March 08, 2020, 03:22:18 PM »
Mining is a very easy way of earning but it is hard to find a legit site for mining, Also you have to be very patient if you are going to join mining as it takes a lot of time.

Offline CoinCode.sh

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Re: Mining: yes or no?
« Reply #20 on: March 11, 2020, 11:03:44 PM »
Hi,
The mining for the Proof of Work cryptocurrency is needed but in many countries prohibitive for electricity cost.
Regards,

Offline sTonPet

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Re: Mining: yes or no?
« Reply #21 on: April 01, 2020, 04:04:55 PM »
If we talk about mining on a computer without a graphics card - it is useless. I conducted an experiment, tried to mine Monero. According to my calculations, I would have one coin per month. But I was still trying to work on this computer. you must have a device that is always on but you are not using it

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Re: Mining: yes or no?
« Reply #21 on: April 01, 2020, 04:04:55 PM »


Offline jennie7896

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Re: Mining: yes or no?
« Reply #22 on: May 05, 2020, 01:07:32 PM »
The thing about mining for cryptocurrencies is it's a matter of competing in a highly competitive race against other miners. In fact, if you're planning to mine Bitcoin, GPU farms typically outweighs the value of the currency itself. That's why I prefer mining newer coins. I've been mining Wien coins for a few months now, just using a GPU but some of my friends are able to mine a little with a CPU.

It's a hobby for me, but I'd say give it a try. They have an article on how to set up a rig and everything here: medium.com/@wienchain/mining-on-wienchain-the-full-breakdown-c9a8a63837e0

Offline Real2dream

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Re: Mining: yes or no?
« Reply #23 on: May 07, 2020, 11:17:33 PM »
I've heard that is not that profitable as before to mining bitcoins. Because how expensive are the machines (Before it wasn't necessary a great machine), electricity costs, the space and those stuff...

Plus, BTC is getting harder and harder to mine, it's reaching its limit, which means there's few BTC left to mine, so it's more difficult to get them even having the good equipments.

Think about it

Offline Michael.sol

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Re: Mining: yes or no?
« Reply #24 on: May 25, 2020, 05:19:13 PM »
Mining is really a well and amazing Way of earning , but if we used minner for it . Miming through mobile and pc isnot profitable they kill our device internally .
I Will plan to buy a minner for mining purpose .

Offline Olga Scorici

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Re: Mining: yes or no?
« Reply #25 on: June 06, 2020, 11:41:19 PM »
Right now, cryptos for me are most profitable, have no intention to mine

Offline gunhell16

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Re: Mining: yes or no?
« Reply #26 on: June 07, 2020, 12:39:08 PM »
I'm getting more and more sceptical towards mining. Surely there are other ways for a person to obtain crypto, so why waste so much money and effort on it? What do you think of it, is mining viable these days?

You never mention what coin you are talking about, so how can we give our best tips for your concern.
But if you are talking about Bitcoin, my answer is yes! bitcoin is the only safest things to mine, for now, I don't know
to other altcoins out there I never try that.
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Offline TupoAlts

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Re: Mining: yes or no?
« Reply #27 on: June 11, 2020, 12:19:59 PM »
No. Save electricity and planet for future generation....

Offline wawan96

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Re: Mining: yes or no?
« Reply #28 on: June 12, 2020, 09:38:49 AM »
It seems to me that now mining does not look profitable  :-\
yes because a lot of capital to be issued to mining electric power more expensive tool mining too expensive I actually see a lot of the miners they sell mining equipment them for their loss of coin which is in mine prices drop dramatically this makes them sell means of their mines.
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Offline dkbit98

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Re: Mining: yes or no?
« Reply #29 on: June 13, 2020, 10:35:12 PM »
There is no more way for regular people to earn easy from mining crypto.
Only big farms and pools are able to do this now, or you can do it if your electricity is free or very cheap.
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