Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: mamun777 on October 11, 2018, 07:43:01 AM
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When mining Bitcoins, there are many factors to consider such as power costs, and network difficulty, to determine the best way to get profit from it.
However, it is up to debate whenever which strategy for mining Bitcoins works best, to reduce your chances of loss.
Nevertheless, I would like to know which mining strategy is best, to help increase your chances to ROI in the least time possible.
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Well when we are talking about this strategy then its a common sense thing to bought the latest miners so that we would be profitable in doing mining operations and those steps or guidelines regarding on maintenance is already posted above which means it doesnt need to repeat and i fully agree on those things.
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There is no specific strategy in mining. Good mining results can be done with special tools that support mining. Because mining cannot be done with GPU or CPU with ordinary specs.
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I think there is no special strategy in mining, my advice is use the tools the latest mining, mining with S3 S5 or wasteful electricity, S7 or S9 is great because speed and small electrical charges.
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Been a small miner my self, I have been thinking and testing different ways to be able to achieve long term mining success. For every miner out there success can be measured differently. 100$ profit a month can be huge for some one with a salary of 500$ a month and can be nothing for some one that drives a 2 years old BMW.