Bitcoin Forum

Mining is one of the key ideas with regards to the universe of digital currencies. There are two approaches to get hold of digital currencies - you can either get them off trades, or you can dig for them. Exchanging is for the individuals who would prefer not to put excessively in a mining setup, or do not have the specialized know-how.

Mining digital money is as yet another idea and necessities time to wind up acknowledged by a general public where numerous people are accustomed to utilizing an unmistakable type of installment.

Nonetheless, when you consider it, a great many people don't convey money any longer, only a plastic card. So the underlying advance toward a cashless society has just been taken.

How quick that change happens all around is unessential. Mining Bitcoins has now turned into an acknowledged piece of society as people keep on learning how to profit and receive unmistakable products consequently from their utilization.

Miners have the initiative to do what it takes to get profits just like traders, investors and bounty hunters do. They take risks for them to get benefits from the Cryptocurrency they mine especially Bitcoin.

In the event that you need to earn, you should purchase particular hardwares, since mining on your PC will cause harm, which will cut into your benefit. While talking about equipment, something essential is its hash rate. Fundamentally, the higher the hash rate, the more probable you are to unravel an exchange piece rapidly. You can think about various equipment on the wiki page bitcoin mining equipment examination. Bitcoin mining utilizes a considerable measure of power, so you need to check your future equipment's vitality utilization level just to ensure you put resources into the most effective Bitcoin mining equipment.

Losing your digital wallet wallet may likewise be a hazard that one may experience if not cautious. This occurs for the situation where one is secured out on account of overlooking your wallet's watchword. Another case is the point at which the wallet supplier happens to come up short on business. The dismal news, lamentably, is that one can't recuperate his or her wallet once bolted out. This is all because of the way that the framework that oversees digital currency mining like the bitcoin mining, is the decentralized sort of framework. Coins that happen to be in such wallets get completely lost from the economy. Beside that, there is the issue of programmers breaking into and discharging your wallet.

It's true Mining for some people are more preferred than buying, because it looks its work with its own hardware. But the problem here to be able to start mining the crypto capital issued is not small and should consider the following

• Hardware Care / week,
• Replacement of parts (in case of damage),
• Electricity Payment (subject to use), etc.

The areas where there are cheap electricity and a cold weather it is favourable and just a really great spot for mining profitably. Mining is an essential job in the blockchain technology as it also supports the network and assists it complete transactions without any hardships and the miners get rewards for that job too by the cryptocurrencies which they mine.
If there were not enough miners in the chain it would be a nearly impossible to even imagine what blockchain is today with all the cryptocurrencies.

Well to me, huge amount of investments for hardware is really needed since GPU's price these days increased because of mining. But in some cases, college students in USA just dorm without paying the bills and it's worth a try for students there because it's legal to mine while studying on their own dorms. So basically, they don't need to pay for the electricity bills and got a huge amount of profits.

Many people mine as a hobby while many mine as that way they will be able to accumulate that crypto for cheaper rates than for how much they would buy if bought from the markets or an exchange. Some people also mine as they have the required hardware lying around thats needed for mining and put them to some use.

People mine crypto because it was a source of income for some people who have devices that can mined crypto, imagine you are earning without doing just making good of your devices.

Lots of people prefer mining due to the fact that it is with less effort. But with less effert comes with a big fund for your computer parts, GPU, bill for electricity (you're lucky if your parents are the one paying the bill) and also you must have funds for its maintenance.

I like the idea of mining but have never been able to give it a proper try due to lack of suitable hardware. I tried mining electroneum with my PC but its specs are not great and profit was very slow.

In many countries, the electricity will be a big concern because most of the developed countries electricity charges will be quite high and it may not be economical to mine so most of the big miners move to where electricity charges are less.

In my country also electricity charges are high so it is not profitable to mine.


I don't think you can earn much from mining from your PC. I think it is a waste of your time and you may spend more money for your electricity than earning from your PC.

Because they have cheap electricity and some free money to buy a miner. And of course they believe in the coin.

That's right there is a lot of countries that have a cheap electricity, so people who have money. They go for buying miners hardware weather antminer or GPUs, so they start to mine the crypto that they believe on it.

Most of the miners work for the future. Most of them (if they pay for electricity) can barely pay off or get a small profit.
And, of course, they all hope for a growth in the rate of the Cryptocurrency they mine.

Because mining would give profits when you are asleep regardless you are doing something ,this is a passive income that might be profitable if you have good set of mining rigs,but these mining machines are costly which is why i am not going to mine if i dont big initial investment those coins you have mined might be worth thousands of dollars few years from now which is why we need to keep those coins.

People will mining when the cost is less than the amount earned while doing the work! I thought it was important and decided that an Altcoin would be of great interest to the miners!

Mining needs technical skill. I also never mine in my PC. I bought cloud mining but some of the scam. I bought eobot , the income is too low. Now, trading gives more opportunity to earn cryptocurrency. For me, trading is more profitable than mining. for others mining give steady income. They will earn money in nearly the same rate every months. It is more comfortable for them than speculating in market.

If you're ready to put into business a huge sum of money, then mining is your choice. It's profitable but also costs a lot, as I see mining looks a bit comparable to gambling

Mining = passive income that is simply as that,who doesnt want to earn while you are sleeping? which is why most of the people wants to try mining but most of these investors are weak handed if they know they cant have ROI in 6months they would sell their rigs at loss,because the market has been bearish these people are panicking because mining wont be profitable in bearish market.

The reason people use Crypto is making a lot of money from the easy way. He uses it anywhere in the world to send money instantly. The future is very beautiful.

a good questions with simple answer
people mine crypto because they believe with cryptocurrency
they think the value will growing in the future

I agree with you, then bitcoin mining is a factor that can make transactions smooth, I think miner has a big task to maintain bitcoin existence, without miner we will not be able to do the transaction, and without the miner, the crypto world will die.

you have money - you have miner, you have miner - you have extra money doing nothing. It's a dream all of new rich peoples - have money doing nothing to have free time for fun. Of course in practice you must do something...

people mine if it is profitable for them we know that mining comes at  great cost there is electricity hardware and maintenance and if someone is able to cope up with all of it then it a profitable miners are a very important part of this community we cannot imagine this whole system without them

People mine crypto because mining is more like a free way to get some coins. A lot of people who have such a large stash of coins actually made the coins from mining and back then a lot of bitcoins could be mined using just a laptop or a desktop with a GPU but now that is not the case. They mine because it is a good way to get a lot of coins without having to buy the coins yourself.

Mining is not so popular as it was because the coinage of cannibal has become much more difficult, so the profit does not come straight out very quickly, except there are many risks...

Why people mine crypto, for the same reason than people invest in crypto to make money, wen you mine it is like participate in ICO, you invest your electricityin crypto

Exploiting Crypto is always profitable for many, many have abandoned their main job to enter the Crypto market. They can generate high profits in just a short time, so focus on learning experiences.

The reason people use Crypto is making a lot of money from the easy way. He uses it anywhere in the world to send money instantly. The future is very beautiful.

what?
It is not only easy, it is even risky to make money from crypto.
Especially when you are in mining, you are depended on exchange rates always. If it is okay, you have profit, if not, you can even lose everything.
Currently, most part of people who are in mining have not one GPU or one asic, they have small mining farms with 10-20-100 miners there, only this way it can be profitable.

Mining is becoming less popular because in the crypt you can find other ways of earning that do not need such investments.

I would not start mining now from scratch, because now investing in this equipment does not pay off. Mining farm are too expensive so I would not do so.

Everybody mining to invest, earning daily income and keeping the network stable! Every time an altcoin is mining, it does not depend on the developer but the community! This adds value and secures the value for digital money!

Its not only student from usa is mining so you literally mentioned about USA situation in which not applicable to majority of miners in the world.this only represents just part of it so let's generalize the issue because mining will only succeed if were in the low cost electricity countries .

I think, If you have much money to buy mining equipment you can do that. The People mine crypto because it was a source of income for some people who have devices that can mined crypto, imagine you are earning without doing just making good of your devices.minning is no risk, but the equipment is very expensive.

no miner has ever cared about stability of the network. even bitcoin miners don't care that much (they care a little because they also have investment in it) but altcoin miners don't give a damn about it because they can always switch to another altcoin and continue mining that

If in my opinion, many People mine crypto because it was a source of income for some people who have devices. Many people mine as a hobby while many mine as that way they will be able to accumulate that crypto for cheaper rates than for how much they would buy if bought from the markets or an exchange.Some people also mine as they have the required hardware lying around thats needed for mining and put them to some use.

You can say this and I'll agree on it because we can't really mine and it's not applicable to our local because of high electricity.

But there are some countries that has cheaper electricity so those miners does really pay off for the cost of mining. Reducing the consumption of energy is just a portion of your total profit if you are on the right location.

Mining is also an important part in crypto currency as without these miners, some coin cannot function well. I think reason why people prefer to mine is because it is an easy way to get coin without investing in the coin. Mining process might be expensive because you need to buy the required equipment before you can mine.

The whole problem is that the equipment for mining is incredibly expensive. I think that many people can not even wind up the money they invested in the farm's mining.

In a long-time perspective mining is much more profitable than simple holding the coins but it's also really expensive right at the beginning, not everyone can afford that

Mining in crypto is a very perfect way of earning income in cryptocurrency business, although it is much expensive, but it makes also good returns of income. Miners also develops the total balancing system of cryptocurrency business.

A few years back mining crypto gives huge income to miners. Many have become wealthy. In the present there are still income which can be achieve through mining but it's not as higher as before. But even if the income is lower it's still income so I would continue supporting miners to do it.

I don't know about the usa, but in Russia there is a certain hatred for miners, because they raise the price of graphics cards. There are also many problems associated with mining. One of them is a huge cost of hardware and a lot of competition in this area. Also, do not forget about the large power consumption of farms, that is, in addition to large fees for hardware, you also need to pay for large energy consumption. Eventually. If you have no money for the maintenance of the farm's best bounty of the company.

As long as it is profitable then people mine crypto. Trading, holding or any other ways to make money has some risks just like mining has so I don't think mining is so much complicated than the money miners make.

More like the short summary of the miner's life. However, to have that initial capital to set up miners is still some work you have been able to do to achieve that in the first place and since you are tying that your capital anyway, it is still some risk to take. Nevertheless, the essence of mining is for proof of work and for the miners to get rewarded in the process which is basically more like an investment as well and the reason why transaction keeps going on in the crypto space.

Yes, it is more like you are solving some complex algorithm problem with your miners to verify transactions which is the main purpose that they serve for a long term and short term benefit as the case may be. It is normal to understand the essence of mining anyway to be able to understand the reason why people mine.

Asking for the reason why people mine is more like asking for the reason why people invest which is basically to make profit and a way to put their money to work. Cryptos have invented a new way of earning in the name of mining. Making use of new earning method is always being preferred by all human.

Yeah, a really great cost but for those who can have it easy most especially when it comes to electricity cost which is more like the main thing to contend with asides from temperature, then I would say it is something worth it.

The main reason people mine is to make profit and have a lot of stake in some coins for the long term since most of the time, you may not actually be breaking even in a short term in any coin you are mining except if you are not paying electricity bills and you have a cold climate condition to compensate for the cooling appliances you would not have to purchase.

Other than the possible profits that can be accrual from mining, I don't think there's another reason why people mine cryptocurrency.

The thing about mining that make it advantageous over buying is that with mining you just keep getting coins as long as you keep mining while with buying, once you run out of money, you cannot get any more coins. So I think that the idea of continously getting coins is what the most attractive part about it is. Also there is also the fact that miners help to keep the network running.

i wonder how do miner feel if they can't get enough with their expenses.
miner unit is really expensive and you need to do maintenance as always.
electricity is really cozy and you need to have a cool place.
i just want to invest and trade and do bounties than mining.

perhaps one of the reason is some people prefer to invest something tangible. another thing is mining is a passive income this is good especially for people who are not comfortable doing trades. And in case the crypto market collapse they still can sell their GPU's to return some of their money. some miners don't trust buying crypto's fearing the value might go down. In simpler term, they prefer investing in something they are comfortable.

Mining is a profitable investment if you have the major factors on hand which is not causing you to gain less than to gain more. Electricity is one of these factors. If you are living in a third world country, you will absolutely say that mining is a very expensive investment because you don't have a free electricity unlike other countries.

Mining is interesting. With a little knowledge, you can make a few computers that will provide money for you and your family

As we all know, the volatility of the crypto market depends on its characteristics. This is a decentralized supply. As the popularity grows, it will resonate into the profits earned. I think that is the main reason why mining crypto is becoming more and more popular and attracts many corporations and companies to invest in this field.

I think mining is one of the best ways to earn passive income. However, you need to be ready with your capital to start a profitable mining business or else you will not earn much.. I prefer trading since i don't have that much capital to start with.

People mine crypto because mining is more like a free way to get some coins. A lot of people who have such a large stash of coins actually made the coins from mining and back then a lot of bitcoins could be mined using just a laptop or a desktop with a GPU but now that is not the case. They mine because it is a good way to get a lot of coins without having to buy the coins yourself.

A year ago this was a popular and profitable business. Now, just unprofitable, it's easier to participate in the bounty. But I do not think for long, until the crypt grows.

I am nit in very much favor of the mining of any of the crypto coins and that is because of the reason that mining demands you to have high investment amount and that you need to have some very large amount of capital to set up the mining field. After that, you need to have a huge amount of power and electricity resources and that you need to give enough of your time and efforts to mine any of the crypto coin.

I really like crypto miners, because for us crypto is also very good, because in the future will grow better, so we believe that krypto is a better future.

I buy miners for mining ETH. ETH bring more profit for me.  ;D ;D

mine is in a very crypto produce. Although so many are complaining it will especially if speaking of the costs used to mine. free site does exist, however, the results also will not make the rich or even not enough for anything. dare pull out large capital needed to mine the very facilities or bills because it certainly will also produce a large amount of crypto.

as far as I know by mining in Crypto they can get a lot of advantages and can trade in crypto with long-term because as I know to mine in crypto can improve their lives because some people have a device for in mine

Mining is also a good choice in earning some cryptocurrency but it depends on the nature just like in some places. They need a mining rig and gadgets that they can use and of course they will spend money for it but sometimes it is not necessary just like here in my place the price of electricity is high and it is not necessary if we do mining in our household. Sure it is a good way of earning but you must level or fit it to your surroundings.

It is very simple answer with clear economic sense. Most of people want to get profit. But some of them it is a profession and they get profit on permanent basis. For others it is funny game and they get profit if they are lucky only. But money in the center of most mining activity and I don't think that it is related to the principle of decentralization:)

In my view, The thing about mining that is profitable to buy is that by mining you just keep getting coins as long as you keep mining temporarily by buying, once you run out of money, you can not get more coins. other ways to make money have some risks such as mining so I do not think mining is much more complicated than that of money miners.

Right, but it doesn't mean that you are mining that you will become crypto millionaires overnight. You need capital to begin with, lots of it, good environment and the profit is not that profitable in the beginning. Yeah, for most of them, its not just profession but obsession as well. Imagine mining certain coins and becoming a bag holder of it.

I still remember stories back in the days with bitcoin can be mine with CPU, a lot did have a headway and they mine hundreds if not thousands. Moving back 5-8 years, they are not crypto millionaires with still a lot of bitcoins in their hard wallet.

People involved in crypto aims extra income. If people involved in mining, then it is their way for gaining profit.
Mining needs a computer and a special program, which helps miners compete with their peers in solving complicated mathematical problems. This would need huge computer resources(power supply, processor, graphic cards, memory and etc.) Cryptominers would attempt to solve a block having the transaction data using cryptographic hash functions.
Mining? I dont think it's an easy job.

People are mining crypto because the source of income for people who do not have capital for the inves and cripto is very helpful to us.

I think that today many people mine crypto because they understand that it is really profitable and crypto can become a good investment. I think that today, there is no a person who has never heard about mining

It's clear to some people who want bitcoin or mine altcoin is the easiest way. We just need to set up a computer with special spec and a very fast and good connection. Imagine a person who can buy a lot of computers to mine, he just need to be silent and wait until bitcoinnya can be enjoyed.

Exactly, we all invest for the sole purpose of making more money in the long run and that is the reason why miners do their thing as well. Mining is also more like an investment but more of a long term thing as your set up can keep giving you as much as you can imagine as long as you keep mining while still enjoying the long term benefit in terms of growth in value of what you are mining. That is like basically the main idea of a layman.

People are using the crypt soon to make a lot of money. They use cryptography to send money to any country in the world more easily. Crypto will be the system used by all countries for trade in the future.

And I think that this is a sensible waste of not only money for equipment but also time. If you want to mine some kind of coin, buy it and watch its price, and all the problems.

Mining is cool for passiv income.
And if you're lucky you can find a pearl

Is taking up the possibility of setting up a mining farm or personal mining even worth it at this point with the amount of money it takes to set up the farm and such ventures such as that because of the amount of energy consumption used within mining around the globe currently at concerning levels (rated at 2.55 gigawatts (GW) of electricity per year; which has increased within the Bitcoin network consumption 413.37 percent per year) and governing institutions viewing the levels of energy consumption as detrimental to their country as a whole. So setting up a farm with all of the upcoming regulations might not be a viable option with all of the difficulty of maintaining it and coins switching to the Proof Of Stake models out in the world of Crypto

https://cointelegraph.com/news/bitcoin-minings-electricity-bill-is-it-worth-it (https://cointelegraph.com/news/bitcoin-minings-electricity-bill-is-it-worth-it)

which I know maybe by mine we can get a good profit,, but what I see today many people who do not mine their money in crypto for not getting profit then from now many people are investing in altcoin with long term because soon price altcoin and bitcoin will stabilize and recover

people mine crypto to earn token and earm money. but before entering to mining there are lots of factor you should consider. the number one factor is your electric bill, if you are in a place/country that has ab expensive electric bill i think it is not advisable to mine crypto. second the price of the hardware equipment. the ghapics card that they use is very expensive. if you are using cheap GPU's you connot mine good. and lastly the maintenance of the hardware equipment for every weeks, months, year. think before you mine crypto if it is profitable or not.

Because some people are against for the trading, they are afraid of being stressed. That can happen if you lost amount of money. What is more, mining has own advantages like a great income. But it also needs in hardware and being ready to pay for electricity.

Mining is not so popular as it was because the coinage of cannibal has become much more difficult, so the profit does not come straight out very quickly, except there are many risks...

because in the crypto there are many advantages given. in crypto we can get the job given and we definitely get tokens or coins that can be exchanged for money. in crypto also we can also get more profit, than we invest or play trading. therefore many people mine to get bounty in crypto.

Operators now may be thinking that bitcoin cash prices will increase in the near future to make the extraction worthwhile. A 30-40% increase in price compared to bitcoin would certainly make their exploits profitable, and they could wait until the sale was the reason they were using the crypto

I know some friends who now consider mine crypto to be their main job. After deducting expenses from electricity and depreciation of machinery, they have relatively large income. That is why they invest more in the professional mine system.

Mining is one way of getting crypto that's why many people also did some mining other than investing though mining is tough but its okay for people who are good in mining so that they could really earn more coins. It depends on the strategy people are using.

Maybe by mining in crypto can get a good profit and that way people are mining in crypto because cryptocurrency is also good for investing and mining, but I know currently rarely people are mining in crypto because it is now a bit difficult and unlike yesterday

Is it really worth it though...time, effort, Money for equipment and power.  And for how much monthly, yearly?

because crypto is a valuable asset for investment. and mine is the easiest and most effective way to get crypto. However, if the mine is indeed actually required much capital if it is to big results. If the only mine free just doesn't expect can produce big in quick time.

It may be so many risks involved in mining crypto but I don't know why they choosing to make money by taking so many risks.

As for the issue itself, the most well-known method of its implementation is the mining used in the networks Bitcoin, Litecoin and many others in some systems it may be absent, and emissions are produced through ICO.

However, you must be ready with the capital to start a profitable mining business or else you will not get much. I prefer to trade because I do not have much capital to start, but there are still things to do with the capital you already have.

People are using it to make money more easily in the virtual money market. People are using crypt money to transfer funds conveniently all over the world. Trading is very easy to worship.

mine is the easiest way to get crypto. In addition, this way also judged quite effective in getting revenue for investment. However, mine also need capital and facilities which are not few. However, because the result is too large then many people who choose this area for their working on.

I think that people mine crypto because they want to be in current trends and to have good income in the future with the help of real investments.

Why do peple mine crypto of course they have a strong reason and it is certain is to get the money and can realize the dream that this is cool, or they choose to mine because this is the expertise they have and maybe because they do not have the skills or abilities with other types of work, that's why they try as much as possible to be successful and triumphant after deciding to join the crypto, there are many risks but of course everyone has his own techniques and ways to minimize the risk.

They bought a lot of ASIC and GPU.They also mine at places with low electricity cost.

chances are many people choose to mine crypto because by mine can get a good profit but nowadays many people do not mine in crypto and prefer to invest in Altcoin that promise and good and can be profitable in the future

Usually people mine because you can earn through it without doing anything because the system can generate for you but sometimes hardwares are expensive. I do not think that mining using only software is not really profitable for short time but you can earn from that in the future.

people prefer bitcoin mining because the benefits are greater, but the equipment used is very expensive. So they dare to spend a lot of money to get a lot of results. ,,,,,,

I want to say if People are mining crypto because it is a source of income for some people who have a crypto-mined device. and also Mining for some people is preferred over buying, because it works with its own hardware. But the problem here to be able to start mining the crypto capital issued is not small and should consider the following, Hardware Maintenance/week, Spare parts replacement and electricity payment.

It is a very stable way to get money on the cryptocurrency market. But I do not support it. What is more, I think that people who mine crypto will give up this because there are many other way of earning with larger income.

The exploitation is also expensive and costly. At present, the market price and the cost of digging are still very profitable. If the cost is too high to be unprofitable, it will not be attractive to the operator

The process of mining is needed for many projects that work on the POW algorithm, which seems to me to be a true decentralized algorithm. Maybe I as usual do not understand much, but just like many people are just mined in order to gain.

I don't think about the usa, however in Russia there is a sure contempt for excavators, since they raise the cost of designs cards. There are likewise numerous issues related with mining. One of them is a colossal cost of equipment and a considerable measure of rivalry here. Likewise, keep in mind about the huge power utilization of ranches, that is, notwithstanding extensive expenses for equipment, you additionally need to pay for expansive vitality utilization. Inevitably. On the off chance that you have no cash for the support of the homestead's best abundance of the organization.

People mine crypto for a couple of reasons. There is the fact that people get a lot of free coins when they mine crypto which means they are making money from it. There is also the fact that if there aren't any people who are mining cryptos then the entire blockchain does not run, which means that transactions do not go through and nothing works with the coins.

Mining cripto is highly speculative but it is also kind of fun I think, and gives you plenty of control about where your hashing power goes.

In my view, The thing about mining that is beneficial to purchase is that by mining you simply continue getting coins as long as you continue mining incidentally by purchasing, once you come up short on cash, you can not get more coins. different approaches to profit have a few dangers, for example, mining so I don't think mining is significantly more entangled than that of cash mineworkers.

I agree with you, as mining could be a passive source of the income. May be it is less profitable today, but it is still a source of income while the markets are in red colors and the situation is not easy.

In my view, The thing about mining that is gainful to purchase is that by mining you simply continue getting coins as long as you continue mining briefly by purchasing, once you come up short on cash, you can not get more coins. different approaches to profit have a few dangers, for example, mining so I don't think mining is considerably more confused than that of cash mineworkers.

Because mining will give you big profits, but this is an expensive mining machine, you have to have big capital to buy mining machines, which is why I will not mine if I am not a huge initial investment.

Just like almost every other thing people do in relation to cryptos, people mine cryptos because they want to earn more. This is not so easy to do, and only a few people really have succeeded in it, but it is a good way to get more earnings. It is something I'm looking to learn for myself and get big profits for myself too.

People prefer crypto money to make easy and big money. Apart from monetizing, they use crypto money to send money quickly to any country they want. There are people who use it to trade.

Everyone understands that crypto-currencies are the future of the world economy. Therefore, now before each realized it is a task, the solution of which is the presence of a crypto currency. In any way. Buy, earn, or mine. There are also separate, deviant characters who prefer to simply puke the crypto currency from others. Take care of yourself and your loved ones, be careful - money loves silence.

For the coins which are not related to ay companies, the cryptocurrencies like bitcoin  are needed for the purpose of increasing circulation supply the personal benefit involved in this process is a compensation reed given and the coin added to their wallet

Mining is additionally a decent decision in acquiring some digital currency however it relies upon the nature simply like in a few spots. They require a mining apparatus and contraptions that they can utilize and obviously they will burn through cash for it however at times it isn't fundamental simply like here in my place the cost of power is high and it isn't important on the off chance that we do mining in our family unit. Beyond any doubt it is a decent method for procuring yet you should level or fit it to your environment.

People mine crypto because it is profitable to them. You have to know that with miners they have the avenue to always get cryptos without having to worry about buying the coins. Also there is the fact that the blockchain system is dependent on the miners and the processing power their collective hardwares provide for the system to run.

Profits and personal preferences
But in my opinion, the main purpose of mining is the profit that it gives to investors! At present, mining still gives attractive profits!

I have seen many of my friends , they are very happy from mining. According to them, mining is the best source to generate money from crypto without any hard work.  They are earning handsome amount every month from mining after paying their electricity bills and hardware maintenance.

Many of the miners there is a big airbag. And the top mining companies it is designed for many years. Why would they stop the process?

I am sure that it is the most reliable way to earn in crypto but it takes so many resources which are really needed in another spheres of cryptocurrency market.

I think they mine cryptocurrency because it is an easy job for them since they have a lot of money to buy some mining rigs and they are also a fan of that thing that is why a lot of people are doing it. It is a fast and easy way to gain money without even getting tired because all you need to do is to monitor and almost nothing. So it is pretty much handy rather than mining literally

Many people bought equipment as a tool for mining businesses. Now it is problematic even to pay back the cost of such equipment, but while it brings profit, people are engaged in mining.

Mining is a business, and they make money from it. That's why people mine crypto. Nowadays mining become harder and it's very hard to make profits from mining.

Most of people mine in crypto to a chance to gain some great profits. In mining you only need hardwork to have profits cause when you don't worked hard maybe you get nothing.

I think mining is more profitable, especially for certain coins, as long as it can calculate the cost of spending and how many coins you get. In my group there is someone who likes to calculate the profit and loss of mining and he is not just mining certain coins based on one's profit.

They like to mine In order to earn coins and they are like to promote in this technology site, which they can earn profits by selling and buying due to fluctuated market.

Simple as that make it advantageous over buying is that with mining you just keep getting coins as long as you keep mining while with buying, once you run out of money, you cannot get any more coins. So I think that the idea of continously getting coins is what the most attractive part about it is. Also there is also the fact that miners help to keep the network running. Thought?

It looks like the lowest risk's doing on the cryptomarket because here you don't need in special knowledge and other necessary education as for the trading, why not.

it's pretty profitable. I think that while there is an opportunity to mine, it is best to use it .. I think that soon coins could not be mined because of the other protocols.

Crypto mining does provide benefits, and can provide a new face in education. In crypto will make a more enjoyable activity and continue to explore great opportunities. If this is successful then having unexpected benefits as well as failure, will get a loss that we cannot predict quickly.

The benefits from crypto mining cannot be appreciated in whole value, but in a staggered amount of mining fees which can also be traded directly when those fees will turn out bigger. Although we can't predict quickly, at least the opportunity is there always for your crypto needs. Most importantly people mined crypto for sustainable profit gains in their holdings.

People who have long been engaged in mining have been able to earn not bad on this one, but now the situation is much worse. Mining is still profitable, however it is at times less than it was a year ago. Equipment for mining cryptocurrency will soon become not needed if current prices will continue.

Mining is so important for the crypto-ecosystem. People mining cause is a source of profit, and they invest in the rig, and they earn token, and after Fiat, without efforts

Mining is an important job in blockchain technology because it also supports networking and helps complete transactions without difficulty and the miners get rewards for the job as well as the cryptocurrency they mine. but it's better to do it in an area where there is cheap electricity and cold weather because it will be more profitable. If there aren't enough miners in the chain, it's almost impossible to imagine what blockchain is today with all cryptocurrency.

Extraction is now too expensive, so it is profitable to do this only in large quantities!

People mine crypto especially me because huge money comes from crypto even if risky but when you hit a big profits I'm sure anytime your life will be change financially amd mentally jealthy.

That is one why to support crypto and before it was a good way to make profit. These days , lots of people is mining so the difficulty increases and profit is lower.

Mine is the easiest way to profit. But to mine requires a device that supports the crypto coins to mine. And to purchase the equipment certainly is very expensive. Despite the expensive equipment but can offer huge advantages.

Many people choose to mine cryptocurrencies simply because it is a good way to get a few more coins, and they want that. I don't think that it is a bad thing to do, just like people can choose to participate in bounties and airdrops, others who cannot do that, might just decide to mine some altcoins instead, even though it might be a little tasking.

Crypto currency mining is indeed rampant. Myself if I have adequate capital and facilities, I also want to mine crypto currencies. Many people decide to mine crypto currencies because mining crypto currencies brings huge profits. Therefore many people choose to mine instead of having to follow trading or investment. But a miner must be smart because it involves deep knowledge in mining. Without having knowledge, someone cannot survive in the world of mining. The facilities and electrical energy used in mining are also large enough so that large capital is needed to do this mining.

As we know that it's just another ways to make money have some risks such as mining so I do not think mining is much more complicated than that of money miners. And thought about mining, simple as that is profitable to buy is that by mining you just keep getting coins as long as you keep mining temporarily by buying, once you run out of money, you can not get more coins.

Mine is the best way to get coins. And that way they don't have to invest. But the tool used to mine this naturally the price is not cheap. You must have a good knowledge and ability to mine the coins.

People interested in mining in crypto may be interested in the benefits offered, they certainly believe that mining will get a big profit but certainly not that easy, there will be a process

In economy term, mining is a good way to earn cryptocurrency and make money. In technical,  mining maintains blockchain operations.

There is a friend of mine who is a little familiar with Ethereum's mining and if Ethereum is in the 300+ USD price, there might be a little result.
But if it is below the price of 300 USD for the Etehreum, the mining results are not enough for maintenance and electricity.

People interested in mining in crypto may be interested in the benefits offered, even though to get these results is not easy because there is a process, but of course they believe by mining in crypto they will get more results

That should be a clear thing not to argue about, mining in the life of any token that require mining ,
People have to mine because with out the mining the coin will not be scalable and work in Blockchain , it will not be able to be send or receive by any user , so the mining is the process in which the coin go through to confirm the originality if it been sent and to be received , which give room to more coin to be generated as a reward to the miner .

Many people mine crypto because of the big offer and have a future, mining is quite good and the results also do not disappoint. I feel happy because I have the opportunity to mine crypto. This mining is for the future and to add insight.

mine is pretty promising if run seriously. It takes persistence and also of great cost as well to be able to make the mine could provide a lot of profit. When mining only with free sites that exist then please please can get results as hope. complete facilities needed to be able to make mine quite produce something great and it's not easy.