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Author Topic: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times  (Read 2788 times)

Offline Zardbeig

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It's something unique at least because it unites privacy and stability in one coin. I don't think there is something similar on the crypto market so of course it will be interesting to see how it will be improved or not. As I've mentioned crypto enthusiasts are not very keen on new coins, no matter if they're unique or not.

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Offline Marryan

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It's something unique at least because it unites privacy and stability in one coin. I don't think there is something similar on the crypto market so of course it will be interesting to see how it will be improved or not. As I've mentioned crypto enthusiasts are not very keen on new coins, no matter if they're unique or not.
Okay, this is very interesting, thank you. To be honest, I don't really understand these subtleties, but your explanation seems to me quite logical. Well, let's look at the reaction of the crypto community to this project.

Offline Zardbeig

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To see the reaction, it has to be listed on promising trading platforms first. I think it's the think that devs are working on right now. First steps are the most important for every crypto. Especially while the project is not wide known and is not fully trusted.

Offline Marryan

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To be honest, I doubt that this will happen quickly. Listing coins on reliable exchangers is very expensive. If the developers have money, the chances of the coin's success grow.

Offline Zardbeig

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Only a fool will launch a coin if he has no money for listing. Without that step no one would know about it and of course no one would invest in it. As there will be no chance to exchange or withdraw it. Crypton was listed and now it reached 31K active nodes. It's an amazing result even among the top-10 coins!

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Yes, this is an impressive result, especially for a fairly new project. Well, perhaps this is an indicator that the project is interesting to the crypto community. We need to observe.

Offline Zardbeig

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I won't say perhaps, as 30K is one of the biggest numbers around all the crypto world. Now the main thing is to rise the coin rate. I'm not sure that devs will look for the investors, so it would be interesting to look after its improvement.

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Offline Marryan

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Who knows? Any project that starts its development without additional investment always needs a little more time. We can only hope that the number of users interested in the project will continue to grow.

Offline amzexpert

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Thank you for the information which you have provided dear I have a question that I want to do the Crypton mining but when I downloaded it they want my VS address and I do not know that what is it. Can you help me?

Offline UNIVERSE

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Yes that is true. It also happened to otjer cryptocurrency mining.
Like when in the bearish time, where all prices kf crypto are decreasing or very down, mining will be very difficult and mining activities may be decreasing.
That is why after 2018, mining activities decreased so much because it costs very highly but earn small

 

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