Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: amzexpert on November 03, 2021, 02:59:46 AM
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As we all know that there are thousands of sites there where we can mine Cryptocurrency forever. I have a question that who many of you know about the real mining sites because I have worked on many mining websites and most of them are fake. Only one or two were real which gave me a withdraw.
I want to know that if anyone knows about the Real Mining site which is giving a good profit then tell me.
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If we are talking about this before 2017, I will say that mining cryptocurrency is very profitable. But for now, it is not really.
It is profitable if we are a big miner with many types of equipment and also power. But if we are a standard miner, I don't think that we will get much money from this.Moreover the cost is very high and the result is not as high as expected
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I have never done mining, so I have no idea about the mining site. However, you can search on Google, you can do a lot of research to get a good mining site. However, many have benefited from mining. But mining requires a lot of equipment, and electricity. But you can do mining.
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If we have very good mining applications or mining equipment with high VGA and also big tools, it will be printable. but we only have the low-budget mining, I don't think it is profitable. We know exactly how mining right now is very different from some years ago, before 2017.
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I heard a lot about miners, who are they and how they mine? I want some basic knowledge.
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if you don't pay for electricity, it's not legal, and if you pay everything on time, then I don't think there will be any problems, of course I think so, but it's better not to tell anyone about the farm at all, it's calmer.
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I heard a lot about miners, who are they and how they mine? I want some basic knowledge.
Miners are the people who do mining. Most of them will need mining equipments which are not cheap and they need electric powers based on thier needs. They do mining Bitcoin and other available altcoins.
But, there are also many mining applications to mine but commonly not as high as mining by CPU or vga. More complete, search on Google
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I heard a lot about miners, who are they and how they mine? I want some basic knowledge.
Miners are the people who do mining. Most of them will need mining equipments which are not cheap and they need electric powers based on thier needs. They do mining Bitcoin and other available altcoins.
But, there are also many mining applications to mine but commonly not as high as mining by CPU or vga. More complete, search on Google
This is something very exciting, sorry for another question to this, what happens when someone mines? Is there the increase in the overall volume or what?
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I mine on my devices and therefore I don’t know all the auxiliary sites, I could advise you to mine on your own video cards, so you will not lose your money because you manage them yourself
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what happens when someone mines? Is there the increase in the overall volume or what?
Please read this and yoi will know what happen to Bitcoin if you are mining:
Bitcoin mining is the process by which new bitcoins are entered into circulation
You can find the source here and completed information about mining.
https://www.investopedia.com/tech/how-does-bitcoin-mining-work/
Btw, mining is costly, if you are going to mine Bitcoin, ensure that you have really understood and have enough funds
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I heard a lot about miners, who are they and how they mine? I want some basic knowledge.
Miners are those who give their production capacity for the benefit of mining cryptocurrency in some cases to support blockchains, mainly on video cards that are gaming, for all this they are paid with the coins that they mine, taking into account the current rate, this is a lot of money
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If you pay your electricity bill in full and don't violate the regulations of the country you live in: this is legal.
On the contrary, if you are in China, all mining-related acts will be considered illegal and will be dealt with.
Choose where you work to be safe with crypto mining.
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If you pay your electricity bill in full and don't violate the regulations of the country you live in: this is legal.
On the contrary, if you are in China, all mining-related acts will be considered illegal and will be dealt with.
Choose where you work to be safe with crypto mining.
Yes it is about the legality.
However if it is about legit or not, I am considering about the cost of output to spend and also the income that we will gain. So far, if we are a small miner, the results will be small enough and it may not be enough for mining equipment and electric. So, it is not really profitable or legit right now, different with the time in 2017 or less.
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I have never done mining, so I have no idea about the mining site. However, you can search on Google, you can do a lot of research to get a good mining site. However, many have benefited from mining. But mining requires a lot of equipment, and electricity. But you can do mining.
Dear friend you are right but i gave you a suggestion that never search on google about the mining sites. The google will just gave you a list of mining sites but you cannot compare that which site is real or which site is fake.
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Dear friend you are right but i gave you a suggestion that never search on google about the mining sites. The google will just gave you a list of mining sites but you cannot compare that which site is real or which site is fake.
Commonly there are some reviews about mining sites and you can check them although they may be not valid. And before doing mining, it is better to search with keyword:
Mining application scam accusation in some certain forum.
Btw, it is really sure that you must be more careful when deciding which site to mine exactly, if this is suspicious, better to leave them
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Then what about the location?
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Crypto mining will create jobs, create value for blockchain & crypto market, so not against crypto mining. I just hope that blockchain POWs can use more renewable energy sources to protect the environment.
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As far as I know, mining is banned in some countries.
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Then what about the location?
What location do you mean?
Countries that allow mining?
Actually there are still many countries that allow for mining.
Crypto mining will create jobs, create value for blockchain & crypto market, so not against crypto mining. I just hope that blockchain POWs can use more renewable energy sources to protect the environment.
Exactly it really helps. But the problem is about the environment energy that is considered as non-friendly. But I think that it may be over thinking. :D