Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: mayuri27 on February 18, 2018, 08:42:38 AM
-
Now it is near to impossible the bitcoin mining..
It's cost you too much....
If you have green source of energy supply it will save your electricity bill...
But you can mine the coins which are new in the market and it will help you get good amount of coin and sell them when its launch.
This will gives you much profit than bitcoin mining...
-
Mining coins is currently difficult to do, especially mining bitcoin. But there are still many coins that can be mined, such as Monero, Litecoin, Bitcoin Cash, Dash and ETC. These coins will give you a monthly income if you successfully mine it.
-
Mining coins is currently difficult to do, especially mining bitcoin. But there are still many coins that can be mined, such as Monero, Litecoin, Bitcoin Cash, Dash and ETC. These coins will give you a monthly income if you successfully mine it.
bitcoin is very difficult to mine because of its unreachable price, but we can mine other coins, which have good enough potential to be mined ..
-
There’re other reasons why Bitcoin mining is so difficult. Nowadays most of all BTC miners are located in China where they use cheap energy on enormously large mining farms. That’s why other miners have low chances to get rewards. Chinese systems are really huge and efficient. The only way I see is trying cloud mining and grabbing a lot of BTC bonuses to lower deposits and increase ROI. You can find bonuses on cloud sites like Hashflare and Genesis Mining or check specific projects dedicated to these campaigns like http://ccgminingcode.com/ for CCG. Surely, mining altcoins is a solid way to make money but Bitcoin is the main currency, so it’s better to have some.
-
in my opinion,mining is not very popular, especially if bitcoin, people began to mine litecoin, and bitcoin goes into oblivion
-
Yeah probably it is true that Bitcoin is very difficult to mine at this time. The number of coins that can be mined decreases in number. This is because bitcoin has been mined massively by companies that have more sophisticated mining tools. The mining equipment and maintenance are very expensive and sometimes it worth fewer income.
-
Right. Its no longer applicable to solo mine bitcoin today because of the difficulty plus the expensive hardware gear you need and the cost of electricity. And then you have to compete with big companies like Bitmain and Canaan. And in the next 2 years, bitcoin halving will occur pushing the difficulty much higher.