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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: makemecrypto on December 06, 2019, 04:23:29 AM



Title: Staking vs. mining altcoins
Post by: makemecrypto on December 06, 2019, 04:23:29 AM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!


Title: Re: Staking vs. mining altcoins
Post by: 0xcosmos on December 06, 2019, 05:06:45 AM
staking is also not that simple as it looks like
you need to invest in the coins itself as each and every coin has there bare minimum balance required to start staking
most of the pos coins requires you to set up a system which can be online 24 7 for the wallet to run and act as a node
for this you can use raspberry pi as the power consumption will be very nominal
dpos coins does not need a system which is 24 7 online and once you vote delegates
you will receive your fair share over time which will keep on accumulating
also check and research about masternode coins
also a passive way to earn crypto


Title: Re: Staking vs. mining altcoins
Post by: shinratensei_ on December 06, 2019, 05:47:36 AM
This should be the best site for you http://stakingrewards.com/

Just put my choices to the ALGORAND, TEZOS, DECRED, and ATOM. but for me, algorand looks a very good option at this moment consider its liquidity and annual return.

Mining is nog profitable again as so many miners have been migrating to the altcoin.

Maybe mining was profitable before litecoin and bitcoin got halving but as more and more major crypto gets halving and that forced the miners from those coins migrate to the altcoin and that makes difficulty becomes very hard.


Title: Re: Staking vs. mining altcoins
Post by: gensol on December 06, 2019, 05:55:07 AM
Staking is more dangerous than mining.
1. A staked coin must have gains before they can share payout to stakers
2. Some of these projects don't have liquidity, they don't have utility to fuel their prices up.
3. You purchase these tokens before staking them, their prices could dump heavily during your staking period leading to loss even when you don't get anything at the end
Take COSS for instance, if the exchange doesn't make any returns, they won't share anything if the returns are too poor the payout won't be of any good.


Title: Re: Staking vs. mining altcoins
Post by: kaneki007 on December 06, 2019, 05:59:21 AM
IMO staking can still make a profit (if the staking coins are large) and only need a VPS to run 24/7. I want to staking a few coins that i think have enormous potential and buy a VPS that has a discount to be cheap ;D


Title: Re: Staking vs. mining altcoins
Post by: livingfree on December 06, 2019, 06:44:49 AM
Both aren't cheap investments. Staking requires a decent capital for you to receive a promising amount if you prefer the daily equivalent but if you just want to accumulate more coins, this is good for you because it's much cheaper than mining.

While in mining, if you also want to accumulate a coin and you have a way to sustain your bills from other source that would be a good advantage for you. But if you'll depend on it for your daily bills, make sure you mine lucrative coins.

For staking, I think the best would be the hot coins like Tezos.


Title: Re: Staking vs. mining altcoins
Post by: wajik-tempe on December 06, 2019, 06:50:59 AM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!


Heard legit project from my friend called Vidy Network, it's already listed in many exchanges and one of them is huobi. It has staking system with return around 1% each day. I don't know if it's a ponzi scheme or no but it's legit and we could do it with small capital


Title: Re: Staking vs. mining altcoins
Post by: cryptoadept on December 06, 2019, 06:51:22 AM
Every PoS project has high chances to be doomed when PoS as consensus will be proven insecure in practice. That's why staking is a slow bomb, think about it. I'm not mining but bet on PoW Amoveo.


Title: Re: Staking vs. mining altcoins
Post by: Nadziratel on December 06, 2019, 07:11:29 AM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!


actually I know 2 good staking ideas.
One of them Verasity (VRA). I think it is promising some profit. And they are about to announce a new major exchange listing. And their staking pool offer something good.
You can get and leave staking with your daily profit. It is great.
Quote
Earn VRA daily at 0.1% of the amount staked in your VeraWallet. This is the equivalent of 36.5% per year.

The other one is Ferrum Network. Ferrum was a micro cap project. Their competitors has a big value and FRM is trying to reach and overtake them. So I think it can reach 5x-10x easily. And they had a staking opportunity recently. Their staking pools were full and closed. But last wednesday, COO Ian Friend made an AMA and he said new pools may open for FRM holders. They had a 3 different size of pool and up to %50 annual revenue.


The key poins it in here, we should find some staking coins which has a potential to rise. The 10% token you earn per year won't make any sense if the price drops by 50%. Therefore, we should try to find the projects that can increase the price soon.


Title: Re: Staking vs. mining altcoins
Post by: bitcampaign on December 06, 2019, 07:20:26 AM
many exchanges also hold staking events such as in binance and others, I think to do mining will cost a lot and take a lot of time to monitor, I think buying altcoin POS or masternode will be better and starting staking I think it's easier just to rent a VPS rather than having to do mining


Title: Re: Staking vs. mining altcoins
Post by: Samayuki on December 06, 2019, 07:29:07 AM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!

The best staking coin is V-system all the way and there are still others like it out there but it am just into the project very much, forget POW coins because they are only profitable when markets is in happy mood, for POS you keep making your profits in any weather


Title: Re: Staking vs. mining altcoins
Post by: cryptoloverlife on December 06, 2019, 07:35:29 AM
many exchanges also hold staking events such as in binance and others, I think to do mining will cost a lot and take a lot of time to monitor, I think buying altcoin POS or masternode will be better and starting staking I think it's easier just to rent a VPS rather than having to do mining

Instead of renting all those we need to buy and stake them in the market it will surely help you to make some decent profit in the long run. For buying hardware we need to spend lots of money instead of buying it is good to buy some POS, coin it will surely help you to make a decent return on your staking.


Title: Re: Staking vs. mining altcoins
Post by: makemecrypto on December 06, 2019, 08:01:57 AM
Thank you all for sharing your thoughts! I keep doing my research and will keep you updated with more findings.

So far we have:

ALGORAND
TEZOS
DECRED
ATOM

on http://stakingrewards.com/

Tezos
Vidy Network
FRM
VRA

Let me know if I forgot anything. Also, I'd appreciate if you shared your personal experience with staking.


Title: Re: Staking vs. mining altcoins
Post by: zhekinsp on December 06, 2019, 08:04:39 AM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!

I guess both are not much profitable in 2019 since the value of altcoins goes tremendously down but not the mining difficulty so you might spend more money to mine a coin which worth lesser.Staking can be good to get some ROI but staking on any exchange for longer time period also got more risks so investing on a better coin and keeping them in a wallet will be better for 2020.


Title: Re: Staking vs. mining altcoins
Post by: imstillthebest on December 06, 2019, 08:09:21 AM
staking is also not that simple as it looks like
you need to invest in the coins itself as each and every coin has there bare minimum balance required to start staking
most of the pos coins requires you to set up a system which can be online 24 7 for the wallet to run and act as a node
for this you can use raspberry pi as the power consumption will be very nominal
dpos coins does not need a system which is 24 7 online and once you vote delegates
you will receive your fair share over time which will keep on accumulating
also check and research about masternode coins
also a passive way to earn crypto

 i thought before that staking was the same as hodling or investing .  in short i found that easy but not now until i see your explanation but by the way thanks for that explanation of yours  . now im equiped with knowledge and i can use it next time if i decided to stake in addition to my hodling and mining activities  but to the comparison i think both mining and staking have a simillar difficulties because mining was not also easy as it require some certain requirements  .


Title: Re: Staking vs. mining altcoins
Post by: mrdeposit on December 06, 2019, 11:46:56 AM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!

Staking is one of the most talked-about topics in recent months. If the conditions are suitable for you, try. But look at the wallets, not the exchanges in this respect. Although you can keep the fund safe in your wallets, there is not this kind of chance at the exchange. Start exploring from the atomic wallet: https://atomicwallet.io/staking


Title: Re: Staking vs. mining altcoins
Post by: saba1256 on December 06, 2019, 01:15:00 PM
No doubt mining is profitable all the time but when the price was around $3400 in 2018 then various miner has left the mining due to not more profitable because of the cost of mining not generating more profit, As compare to shaking is profitable because you to have less cost than mining. So you can stake NRG Coin that is good profitable coin.


Title: Re: Staking vs. mining altcoins
Post by: Reid on December 06, 2019, 01:57:18 PM
The most talked about is Ethereum 2.0.
I have read it but it looks like you will need large amount for it to profitable.
It is not really that different from other altcoins with staking process.

If it is cheap then I might bite into it but if the price would be as large as hundreds of dollars per piece then that would really be a problem specially when there will be billions of it.


Title: Re: Staking vs. mining altcoins
Post by: noictib on December 06, 2019, 03:01:18 PM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!

In my opinion you shouldn't  try to make earning by investment in mining like project because mining in not profitable since 2 year ( as I know) .
About 2-3 years back mining of etherium was profitable at some extent but now not because of high cost of electricity and high performance system (miner) .
But still you can go with the stacking , because stacking work can be done with simply install corresponding core wallet of the coin , and after that you have to run your pc daily and also you have to out the amount of the coin for which you are looking to get stacking  reward  .
My most loving coin to make stack is DGB , because it gives more reward then any another coin ( in my knowledge) .
So decide yourself according to it .


Title: Re: Staking vs. mining altcoins
Post by: sehoon on December 06, 2019, 03:09:04 PM
Both are not profitable right now. But it's not bad in just taking chances. As of now, I'm not really into mining altcoins but staking does not give me a lot of money and most of the time, there is no pay in it. I still want to get into this community though.


Title: Re: Staking vs. mining altcoins
Post by: puremage111 on December 06, 2019, 03:45:58 PM
Coin Staking is definitely more eco friendly and power consumption friendly than mining altcoins
I agree POW is good at some point but it is wasting too much electrics
But its similar like how people run their server with tons of hardware, its the same thing

Overall, both POS/POW have their pros and cons
But anyhow Ethereum transisting from POW > Full POS
We all know staking seems better


Title: Re: Staking vs. mining altcoins
Post by: Shepard777 on December 06, 2019, 04:02:53 PM
I have never been involved in mining, but I think that it is really worth remembering about it, I just think that everyone remembers the GRIN project that entered the market and made rich some miners who started to mine it from the start, because at any moment on the horizon the same a potentially good project that can turn the cryptocurrency mining industry upside down again, you must always be vigilant.


Title: Re: Staking vs. mining altcoins
Post by: joseyphil82 on December 06, 2019, 04:05:06 PM
I prefer investing on old pos coins, i don't get intention of going back to mining soon because its not profitable like before and most new altcoins with low difficulties are shitcoins, staking all the way for me


Title: Re: Staking vs. mining altcoins
Post by: bitkanu on December 06, 2019, 04:22:55 PM
I prefer investing on old pos coins, i don't get intention of going back to mining soon because its not profitable like before and most new altcoins with low difficulties are shitcoins, staking all the way for me
that's true. mining is not worth anymore. So many old miners are coming to the old altcoin. I seen some altcoins were getting a huge increase on its hashrate. But how profitable the staking coin depends on how much your coin in your wallet and staking yield. It's not easy to decide whether it will be profitable or not


Title: Re: Staking vs. mining altcoins
Post by: asus09 on December 06, 2019, 04:32:11 PM
I prefer investing on old pos coins, i don't get intention of going back to mining soon because its not profitable like before and most new altcoins with low difficulties are shitcoins, staking all the way for me
that's true. mining is not worth anymore. So many old miners are coming to the old altcoin. I seen some altcoins were getting a huge increase on its hashrate. But how profitable the staking coin depends on how much your coin in your wallet and staking yield. It's not easy to decide whether it will be profitable or not
I think this topic have made before by some one and OP try to make the same topic discussing about which one better staking and mining both ways to earn bitcoin, I have good opinion better staking than mining to earn bitcoin because with staking you only need hold your assets in some altcoin support with staking and waiting for distribution not like bitcoin mining have to prepare mining tools and keep good access electric and internet.


Title: Re: Staking vs. mining altcoins
Post by: adsdas on December 06, 2019, 05:21:30 PM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!

Of course with anyone has huge investment can have profit from Mining because it is a stable solution for long term investment, however, with someone don't have that much money, staking is a good choice, rightnow with the market situation, mining make us harder to have profit but sraking is rising and getting more attentions from investors, it is truely a good investment as long as we know about the coin well enough to invest.


Title: Re: Staking vs. mining altcoins
Post by: el kaka22 on December 06, 2019, 05:51:36 PM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!
Staking is not as rewarding as people may think. You think it doesn't affect the price as much as miners because miners mine those coins and have a "cost" which is basically electricity and so forth, which means they will sell it to cover that and that is why miner based coins look worse.

However, reality is that people who do staking and coins that are stake based also give people free money which means they didn't do anything but just keep money on their wallets and that means they are literally dropping the average of how much they spend for a certain coin which is why it does reflect on the price of the coin as well. When you invest 1000 dollars to a coin and make 50 bucks, if the coins worth drops to 900, you didn't make any profits, you lost 50 bucks, so getting money for "free" doesn't make you rich overnight. It still could work out don't get me wrong, however that doesn't mean it will certainly be greatly profitable for you neither.


Title: Re: Staking vs. mining altcoins
Post by: Oni Trading on December 06, 2019, 05:57:42 PM
Staking has always been risk vs reward game. In other words, solid projects generate low stake rate, 1-3%, max 5% and this stake rate is often to low and hardly worth of your time. Risky projects offer higher interest rates, usually 10%, 20%, 100%. However, these projects usually crash and burn due to this high inflation rate negatively affecting the price.

This is why we suggest to trade crypto using our signals, more info can be found on our homepage and telegram channel.

https://oni-trading.com/


Title: Re: Staking vs. mining altcoins
Post by: Pearls Before Swine on December 06, 2019, 06:08:36 PM
staking is also not that simple as it looks like
No, it pretty much *is* as simple as it looks.  How about Neo?  You don't have to keep the wallet open and running all the time, unlike all the other pos coins.  And even if you do have to do that, it really isn't a big deal and it doesn't require much maintenance or attention.

most of the pos coins requires you to set up a system which can be online 24 7 for the wallet to run and act as a node
Yes, and as you mentioned one can easily do this with a raspberry pi that doesn't consume much energy at all. 

Navcoin and pivx are two of my favorites in addition to Neo, and those are the only ones I've tried staking.  I never earned much with Nav since I never owned much, but I made quite a few pivx.  Unfortunately it's price has dropped so low that I wouldn't stake it now.  Neo on the other hand has held most of its value over the past 6 months or so even tho it dropped a *lot* since its all time high.


Title: Re: Staking vs. mining altcoins
Post by: btcdie on December 06, 2019, 06:16:51 PM
Mining with the concept of staking lately is often discussed by some people, and some consider it as a new method with energy saving, more precisely with the release of ETH 2.0 next year, making people even more curious and asking about mining staking. PoW and PoS have their own advantages and disadvantages. The staking method is more prominent by requiring capital, for example ETH 2.0 with a minimum of 32 coins, and for me not being able to get that many coins.

PoW also requires a lot of capital, besides the price of electricity, GPUs are also expensive these days. so do your research and consider it yourself.


Title: Re: Staking vs. mining altcoins
Post by: biddicoin on December 06, 2019, 08:03:51 PM
Both staking and mining need much resource to get good profit. moreover, mining needs more than staking
mining needs RIG, electricity, maintenance. it's not cheap and easy. and hasrate would increase everytime. you must consider that
staking is slighty easier. there are many exchanges which hold staking services, so you can just only invest and get return.


Title: Re: Staking vs. mining altcoins
Post by: Hardcore-coin on December 06, 2019, 10:41:02 PM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!


There is a lot projects with available staking now. A lot of them can be finded in Binanve Exchange (like stellar, so on). Also good is MCO.


Title: Re: Staking vs. mining altcoins
Post by: ntsdm1 on December 06, 2019, 10:59:52 PM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!

It seems to me that mining in 2019 has not become profitable at all.Soon there will be an opportunity to put Ethereum in the steak.I think the income from this will be much more than from mining.


Title: Re: Staking vs. mining altcoins
Post by: dark08 on December 06, 2019, 11:10:44 PM
Since I'm a long term holder I prefered the staking but you need a good amount of altcoin to invest and its no guarantee that you will earn a good profit since the price are volatility, In other words this two need a huge amount of money to invest.


Title: Re: Staking vs. mining altcoins
Post by: jameshugo17 on December 06, 2019, 11:30:11 PM
In the past, mining was much more profitable. Those who want to do mining now need to get the power almost free. The Lightning Network can become even more widespread. In this case, early node builders can benefit from transfer fees.


Title: Re: Staking vs. mining altcoins
Post by: Duzter on December 06, 2019, 11:33:51 PM
Since I'm a long term holder I prefered the staking but you need a good amount of altcoin to invest and its no guarantee that you will earn a good profit since the price are volatility, In other words this two need a huge amount of money to invest.
My choice of investment will also staking. Already I've learned the investment required for setting up mining machines for altcoins. With what we invest into mining it is possible to stake good. More we stake more will be the earning out of the same. With mining the complications were also high, electricity, maintained and various other things too need to be considered when mining farm or a machine is set.


Title: Re: Staking vs. mining altcoins
Post by: doedz on December 06, 2019, 11:36:17 PM
Since I'm a long term holder I prefered the staking but you need a good amount of altcoin to invest and its no guarantee that you will earn a good profit since the price are volatility, In other words this two need a huge amount of money to invest.
What coin do you hold?
since 2017 I have observed that bitcoin price movements tend to decline followed by several other altcoins.
I guess you have a big loss right now.
What moment are you waiting for to return your assets?


Title: Re: Staking vs. mining altcoins
Post by: xiboothrezi on December 06, 2019, 11:54:32 PM
Both are not profitable right now. But it's not bad in just taking chances. As of now, I'm not really into mining altcoins but staking does not give me a lot of money and most of the time, there is no pay in it. I still want to get into this community though.
Actually profitable, but the percentage of recovery or compensation that is not too large makes it look like not too bright. But it is quite comparable to a smaller risk compared to trading that is quite risky at this time. Think of it as passive income, for staking.


Title: Re: Staking vs. mining altcoins
Post by: fuer44 on December 07, 2019, 12:05:30 AM
yes, the market for the last 2 years is indeed bad, the ico or ieo project is like that but with mining, I think that hasn't solved the problem. because even minning we also need a lot of costs while the market does not provide any guarantees for it. staking is still valuable, it's just that because the market is falling or the project has not paid, so it will look a little bad.


Title: Re: Staking vs. mining altcoins
Post by: Kotone on December 07, 2019, 01:26:06 AM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!


I think same cause either mining or staking, since it both needs capital, but I think mining has a higher expenditure since you spend on electricity, and internet aside from the unit or rig itself. Staking is much lesser hassle, since you only need to have coins or tokens for staking but the problem here is not much profit compared to mining but also can give you leverage income too.


Title: Re: Staking vs. mining altcoins
Post by: Mealea on December 07, 2019, 02:54:31 AM
I think staking is one very good thing to do now with the state of the market. Increasing your portfolio through staking will surely pay off in the time to come.


Title: Re: Staking vs. mining altcoins
Post by: ajiz138 on December 07, 2019, 04:07:21 AM
Mining and staking have their respective advantages and disadvantages. Staking can indeed be done by anyone easily because they only buy coins with a specified amount to do staking. However, mining requires hardware to do block mining. VGA hardware has a pretty expensive price, the more VGA the faster it will be to mine.


Title: Re: Staking vs. mining altcoins
Post by: Getmon on December 07, 2019, 04:31:43 AM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!


Mining is not the only profitable thing in 2019. Many are even getting out of it because of the cost. You cannot get into mining if you don't have enough money to start with. Mining is expensive. Staking is the better option. It may also be expensive depending on the amount of coin that is required but at least you don't have to buy costly rigs and pay expensive electrical cost.


Title: Re: Staking vs. mining altcoins
Post by: Xxmodded on December 07, 2019, 05:01:16 AM
Between staking and mining I think very easy if use money for investing with IEO of ICO project, just waiting when listing on exchange market then sell our coin and get much profit, for staking have waiting each month to receive our payment and never sell coin assets use for staking in want to get reward, how ever always have lower price with staking coin and get lost but mining have the same thing with lower earning every day.


Title: Re: Staking vs. mining altcoins
Post by: FireBallex on December 07, 2019, 05:28:56 AM
You will spend more money on mining rigs than just buying coins and start staking in your wallet, they are both good if you have the money but Staking is just easier and stress free


Title: Re: Staking vs. mining altcoins
Post by: joshy23 on December 07, 2019, 05:34:10 AM
You will spend more money on mining rigs than just buying coins and start staking in your wallet, they are both good if you have the money but Staking is just easier and stress free
Staking the right coin will lessen your stress, most of those people who understand this type of investment choose staking coins which experiencing some downfall. Instead of trying to scalp or short their trades they've choose to hold and stake the coin and earned rewards. Research and pick the right coin to invest your money keep your eyes open and take the risk.


Title: Re: Staking vs. mining altcoins
Post by: TastyChillySauce00 on December 07, 2019, 05:43:30 AM
Between staking and mining I think very easy if use money for investing with IEO of ICO project, just waiting when listing on exchange market then sell our coin and get much profit, for staking have waiting each month to receive our payment and never sell coin assets use for staking in want to get reward, how ever always have lower price with staking coin and get lost but mining have the same thing with lower earning every day.
The risk involved when it comes to staking is the price fluctuation indeed. But, it's a lot safer than investing in IEO or ICO because at least you can observe the market while staking but investing in IEO and ICO the dumping usually happens in a matter of minutes and you will always miss it. You need to consider the fact that if you are staking the top 20 coins it will increase the safety of your money and the IEO or ICO project could turn into an exit scam anytime.


Title: Re: Staking vs. mining altcoins
Post by: Apened on December 07, 2019, 05:46:51 AM
There is a huge possibility to earn big amount on staking, honestly i have no idea how it works before but knowing it in this past months is really good thing. Imagine how much you might earn however in order to earn big amount you should have a big capital as well to have a huge stake amount.


Title: Re: Staking vs. mining altcoins
Post by: joseyphil82 on December 07, 2019, 05:48:24 AM
Mining rigs is more expensive, you have to pay for electricity and your rigs can break down at any point in time, the safest option is Proof of Stake coins, costly too but better


Title: Re: Staking vs. mining altcoins
Post by: bitcampaign on December 07, 2019, 06:14:59 AM
many exchanges also hold staking events such as in binance and others, I think to do mining will cost a lot and take a lot of time to monitor, I think buying altcoin POS or masternode will be better and starting staking I think it's easier just to rent a VPS rather than having to do mining

Instead of renting all those we need to buy and stake them in the market it will surely help you to make some decent profit in the long run. For buying hardware we need to spend lots of money instead of buying it is good to buy some POS, coin it will surely help you to make a decent return on your staking.

not only hardware even we have to calculate the cost of paying electricity and others to do mining, obviously it needs to be calculated sometimes mining must pay attention to altcoin which is really profitable for example mining on altcoin with a low difficulty level, staking whether it's with a system from masternode or POS and others will be more profitable than buying hardware is better to buy Altcoin that supports POS or masternode


Title: Re: Staking vs. mining altcoins
Post by: tbone777 on December 07, 2019, 06:15:59 AM
In my opinion staking is not so intresting. 1-3% arp is nothing for me


Title: Re: Staking vs. mining altcoins
Post by: Vishnu.Reang on December 07, 2019, 06:20:49 AM
Mining rigs is more expensive, you have to pay for electricity and your rigs can break down at any point in time, the safest option is Proof of Stake coins, costly too but better

Is staking any less expensive? For many of the PoW coins, there is a minimum threshold and therefore you need to invest a big amount initially. And from what I have seen many of such coins have gone down heavily in the market and even with the staking reward, the ROI is negative in most cases. I would say that the current state of the market is not very conductive towards either mining or staking.


Title: Re: Staking vs. mining altcoins
Post by: jessyj48 on December 07, 2019, 06:30:20 AM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!

Staking all the way pal, there is no need to worry about electricity costs or GPU burning out on you, staking is even more safer since you are going to stake in your wallet you are holding its private key, its a total stress free


Title: Re: Staking vs. mining altcoins
Post by: upyem2k on December 07, 2019, 06:55:31 AM
I believe in earning through staking more profitable than mining. You can invest as low as you have in staking an altcoin but buying a mining rig is expensive and the earnings made from mining is quite discouraging. TLS staking proposes 30% return earnings on monthly base and I'm sure that no mining rig gives such returns.


Title: Re: Staking vs. mining altcoins
Post by: wildan88 on December 07, 2019, 08:13:02 AM
I believe in earning through staking more profitable than mining. You can invest as low as you have in staking an altcoin but buying a mining rig is expensive and the earnings made from mining is quite discouraging. TLS staking proposes 30% return earnings on monthly base and I'm sure that no mining rig gives such returns.

binance has a staking feature with quite a lot of options for altcoins and various offers, this method is a little simpler than mining, and most of it is better to go with proof of staking (POS) because of the low cost efficiency. besides that we have to choose a good POS coin for the long term, of course, staking requires a long time so it must really have a good project. because we know the fluctuation of crypto is quite risky and the price doesn't always go above.


Title: Re: Staking vs. mining altcoins
Post by: cryptoadept on December 07, 2019, 08:23:46 AM
I believe in earning through staking more profitable than mining. You can invest as low as you have in staking an altcoin but buying a mining rig is expensive and the earnings made from mining is quite discouraging. TLS staking proposes 30% return earnings on monthly base and I'm sure that no mining rig gives such returns.

binance has a staking feature with quite a lot of options for altcoins and various offers, this method is a little simpler than mining, and most of it is better to go with proof of staking (POS) because of the low cost efficiency. besides that we have to choose a good POS coin for the long term, of course, staking requires a long time so it must really have a good project.

Just be careful with that as you may loose your stake since PoS nodes can be easily bribed. https://github.com/zack-bitcoin/amoveo/blob/master/docs/other_blockchains/bribery.md


Title: Re: Staking vs. mining altcoins
Post by: lunnatic on December 07, 2019, 09:39:15 AM
I believe in earning through staking more profitable than mining. You can invest as low as you have in staking an altcoin but buying a mining rig is expensive and the earnings made from mining is quite discouraging. TLS staking proposes 30% return earnings on monthly base and I'm sure that no mining rig gives such returns.

binance has a staking feature with quite a lot of options for altcoins and various offers, this method is a little simpler than mining, and most of it is better to go with proof of staking (POS) because of the low cost efficiency. besides that we have to choose a good POS coin for the long term, of course, staking requires a long time so it must really have a good project. because we know the fluctuation of crypto is quite risky and the price doesn't always go above.
I just found out that Binance has a staking feature? but in my opinion mining is the best way to get profit, if you try staking make sure you also choose the program from coins or projects with good fundamentals, like waves or ethereum, but ethereum implemented POS in 2020


Title: Re: Staking vs. mining altcoins
Post by: mobilestrike on December 07, 2019, 09:45:01 AM
I believe in earning through staking more profitable than mining. You can invest as low as you have in staking an altcoin but buying a mining rig is expensive and the earnings made from mining is quite discouraging. TLS staking proposes 30% return earnings on monthly base and I'm sure that no mining rig gives such returns.

binance has a staking feature with quite a lot of options for altcoins and various offers, this method is a little simpler than mining, and most of it is better to go with proof of staking (POS) because of the low cost efficiency. besides that we have to choose a good POS coin for the long term, of course, staking requires a long time so it must really have a good project. because we know the fluctuation of crypto is quite risky and the price doesn't always go above.
I just found out that Binance has a staking feature? but in my opinion mining is the best way to get profit, if you try staking make sure you also choose the program from coins or projects with good fundamentals, like waves or ethereum, but ethereum implemented POS in 2020
Ethereum is a good option for OP as you mentioned that it will implement POS in the coming year so if anyone will collect ETH from now they will have a good amount till the time when POS will be implemented. I am suggesting to buy now because I know that a lot of people are mining ETH now and they all will sell their everything and will buy ETH to be prepared for staking and at that time the price will reach to a highest value so the current buyers will get two benefits, one will be that when the price increase and they get profit the other is they will get a good amount with low price before the pump.


Title: Re: Staking vs. mining altcoins
Post by: 10BTCaDay on December 07, 2019, 09:53:50 AM
staking it will be the trend of 2020. if you look at what kind of updates the exchanges are doing, then they are all preparing for the fact that next year coin staking will be available on their exchanges.


Title: Re: Staking vs. mining altcoins
Post by: LuckyBtc on December 07, 2019, 11:12:11 AM
staking it will be the trend of 2020. if you look at what kind of updates the exchanges are doing, then they are all preparing for the fact that next year coin staking will be available on their exchanges.
Staking is already trending, Coinbase and Binance already have Staking as service, Other exchanges will follow. Tezos,ATOM,KMD etc will have tremendous price surge when FOMO kicks in.


Title: Re: Staking vs. mining altcoins
Post by: jagaban on December 07, 2019, 11:22:31 AM
Not gonna lie. Staking scares me because of the way the market is today. I am going to be honest, I still think mining is a more profitable venture than staking.


Title: Re: Staking vs. mining altcoins
Post by: tenakha on December 07, 2019, 11:13:34 PM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!

It depends on your choice. On the one hand, consider the money and earnings you will spend on equipment that will be needed for mining, on the other, consider the money you will spend and earn on staking. Even compare the risks you will take. If I were you, I would choose trade, not any of them. The amount you spend for mining is a lot and the earnings are low. Also, staking is not suitable as my investment is frozen for a long time and provides little profit. The choice is yours.


Title: Re: Staking vs. mining altcoins
Post by: oscarftw on December 07, 2019, 11:59:46 PM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!

I wouldn't like to prefer with you staking, if you have enough money to run mining program even if you don't have country legitimate problem. Because still staking isn't profitable but about Ethereum 2.0, staking could be better. I found only low volume coin which is offering huge staking bonus.


Title: Re: Staking vs. mining altcoins
Post by: btc-facebook on December 08, 2019, 12:09:48 AM
I think for coins that have a large profit potential when mined are coins that have a good rating in CMC, besides that only coins that are not good if for investment, because the feasibility of being accepted in the market is still very small. different from coins that have a good rating in CMC, such as BCH, ETH, ADA, TRX, etc.


Title: Re: Staking vs. mining altcoins
Post by: crossabdd on December 08, 2019, 02:41:02 AM
in security, profits and sufficient funds. I would suggest mining. because all control is on your own. but for simple ones, staking is the best option at the moment. than HYIP. it's just that staking is done in a good place, such as staking TRX on binance. Staking ONT on upbit.


Title: Re: Staking vs. mining altcoins
Post by: pakhitheboss on December 08, 2019, 06:23:47 AM
Has anyone tried Binance Staking?

I heard no fee involved and at the same time, the minimum amount of Altcoin required is also less.

ALGORAND
TEZOS
DECRED
ATOM

are already present on that platform, you need to just buy them and start your passive income. Is there any hidden fee or something else. It sounds to easy to be true.


Title: Re: Staking vs. mining altcoins
Post by: crisanto01 on December 08, 2019, 08:28:45 AM
in security, profits and sufficient funds. I would suggest mining. because all control is on your own. but for simple ones, staking is the best option at the moment. than HYIP. it's just that staking is done in a good place, such as staking TRX on binance. Staking ONT on upbit.

Yes, if you can afford mining why not, I would also suggest this as mining is one way to have a good source of income unlike staking wherein you will just be given few amount of money, that you need to wait for a year for you to see that you are earning, what if the price dumps, then you also lose amount of money, so I prefer mining, too costly but worth it.


Title: Re: Staking vs. mining altcoins
Post by: amazigh15 on December 08, 2019, 08:43:18 AM
If you have a good material mining is good and for the staking you need a good capital to buy the coins


Title: Re: Staking vs. mining altcoins
Post by: ganeshramk on December 08, 2019, 08:59:04 AM
Staking is not simple but it is simpler than mining. You don't need computing powers like what is needed for mining. I am curiously waiting for ETH staking to start. For TRON, its easy for me to stake in Binance.


Title: Re: Staking vs. mining altcoins
Post by: johnwest on December 09, 2019, 05:07:54 PM
Have you tried mining any coin these days..? Its not that easy to make profit these days. Also, if you are trying to mine altcoins then the market fluctuations will make it worse. Staking is also hard as there are lots of things to consider and manage. But easier than mining a coin.


Title: Re: Staking vs. mining altcoins
Post by: Lagduf on December 09, 2019, 05:15:09 PM
Not gonna lie. Staking scares me because of the way the market is today. I am going to be honest, I still think mining is a more profitable venture than staking.
what makes you feel scared about the staking method? As far as i know, there is no need to worry about that. It looks like the POW trend will be changed. Bitcoin will reach its total supply and miners from bitcoin will be moving to the altcoin. that makes a big migration of the bitcoin hashrate power to the altcoin hashrate power. Im not sure if that will be more profitable than staking while you need a bunch of mining rig to make it becomes profitable. I still hold staking as the best choice in this case to bring us to the profit.


Title: Re: Staking vs. mining altcoins
Post by: aomakun on December 09, 2019, 05:26:54 PM
Have you tried mining any coin these days..? Its not that easy to make profit these days. Also, if you are trying to mine altcoins then the market fluctuations will make it worse. Staking is also hard as there are lots of things to consider and manage. But easier than mining a coin.
I also heard some opinions that mining is not suitable at a time like this because the results are not in accordance with expenditure and also time. so I think it's better to just trade on altcoin, but if it's profitable for mining so just continue


Title: Re: Staking vs. mining altcoins
Post by: asus09 on December 09, 2019, 05:29:56 PM
Have you tried mining any coin these days..? Its not that easy to make profit these days. Also, if you are trying to mine altcoins then the market fluctuations will make it worse. Staking is also hard as there are lots of things to consider and manage. But easier than mining a coin.
I also heard some opinions that mining is not suitable at a time like this because the results are not in accordance with expenditure and also time. so I think it's better to just trade on altcoin, but if it's profitable for mining so just continue
I need recommendation can some one give me which one altcoin potential for staking and have big chance keep stable price and get much profit after one month later staking, I have check with many altcoin but look not good price after one month later because almot of altcoin have lower price, for mining bitcoin maybe not good choose because little profit every month and waiting one year get money back if altcoin mining keep higher price.


Title: Re: Staking vs. mining altcoins
Post by: Irviyandi on December 09, 2019, 05:30:04 PM
Risking what you have and what you master, I feel is inappropriate and move on to new things that you do not fully understand. It would be better if you maintain what you are doing now and you try new things like mining that you want to pursue.


Title: Re: Staking vs. mining altcoins
Post by: uray on December 09, 2019, 05:35:07 PM
I just found out that Binance has a staking feature? but in my opinion mining is the best way to get profit, if you try staking make sure you also choose the program from coins or projects with good fundamentals, like waves or ethereum, but ethereum implemented POS in 2020
We are still in 2019 and how come you predicted the future as if POS is implemented next year  :P. My advice to you is that, the risk of trusting your coins with a third party can be a disaster as you cannot trust these sites and stake your coins thinking it will give you a profit and we had so many bad things happened in this short life span of this market and hence i will not risk any coins and when it comes to mining unless you have free or low tariff power supply it is not profitable to mine now a days.


Title: Re: Staking vs. mining altcoins
Post by: red4slash on December 09, 2019, 05:46:36 PM
Risking what you have and what you master, I feel is inappropriate and move on to new things that you do not fully understand. It would be better if you maintain what you are doing now and you try new things like mining that you want to pursue.
actually we may try new things but we don't forget things that are already mastered because if we learn new things, it will take time too. it's better to do it together so you have income before you become an expert at trading


Title: Re: Staking vs. mining altcoins
Post by: tartibaya on December 09, 2019, 06:16:50 PM
Bitcoin or Ethereum mining I think it is very enjoyable. Nice to make money. But mining is a different pleasure. I like being busy with computer parts. Electricity costs too much. Now it makes more sense to take altcoin instead of mining.


Title: Re: Staking vs. mining altcoins
Post by: nekonyun on December 09, 2019, 06:21:22 PM
I chose altcoin staking because it is easy and does not require mining tools. For current results, staking is more profitable because mining requires electricity


Title: Re: Staking vs. mining altcoins
Post by: #Darren on December 09, 2019, 06:43:03 PM
What would push you towards decision to stack altcoins? There are going deeper and deeper and you cannot cover your loses with rewards from staking, because they are too small. Mining seems much more attractive for me.


Title: Re: Staking vs. mining altcoins
Post by: Peanyut991 on December 09, 2019, 06:58:35 PM
In the current crypto market conditions both of them can not provide great benefits for you. Staking or Mining at this time can not provide definite benefits, I suggest to save your money first, wait until the crypto market conditions begin to improve and stable.


Title: Re: Staking vs. mining altcoins
Post by: LuckyBtc on December 09, 2019, 07:09:12 PM
What would push you towards decision to stack altcoins? There are going deeper and deeper and you cannot cover your loses with rewards from staking, because they are too small. Mining seems much more attractive for me.
Isn't mining the same? Mining or Staking coins both are going down. Staking is simple and doesn't require much maintenance or anything but mining requires hardware, maintenance etc.. I prefer Staking for simplicity.


Title: Re: Staking vs. mining altcoins
Post by: BitSat19 on December 09, 2019, 07:16:07 PM
Bitcoin or Ethereum mining I think it is very enjoyable. Nice to make money. But mining is a different pleasure. I like being busy with computer parts. Electricity costs too much. Now it makes more sense to take altcoin instead of mining.
Mining was very good option few years back but in recent time many countries increase electricity rates which hurting badly to miners so many already out of market and few still thinking just because of this now trading and staking two good options was available for members to have do some stuff but in recent years trading is also not giving good return so many now going to enjoy in staking which is also good way.


Title: Re: Staking vs. mining altcoins
Post by: Flux0z on December 09, 2019, 07:58:47 PM
XSN is an awesome coin to stake, as you can stake it while your computer is offline. They invented: Trustless Proof Of Stake, meaning you can stake from a VPS server. All you need to do is find a merchant who will do it for you (for a set fee setup by a smart contract), or run the server on your own.

You can open your wallet once every month, and watch as your coins roll in, it's such an awesome feeling! Haha  ;D

It's an overall awesome project, building the first Lightning DEX, among other cool things, so it's a great long term hold at the same time.


Title: Re: Staking vs. mining altcoins
Post by: stephanirain on December 09, 2019, 09:30:48 PM
staking is also not that simple as it looks like
you need to invest in the coins itself as each and every coin has there bare minimum balance required to start staking
most of the pos coins requires you to set up a system which can be online 24 7 for the wallet to run and act as a node
for this you can use raspberry pi as the power consumption will be very nominal
dpos coins does not need a system which is 24 7 online and once you vote delegates
you will receive your fair share over time which will keep on accumulating
also check and research about masternode coins
also a passive way to earn crypto

Indeed, it is not quite that simple or easy. Also, passive incomes are getting more public interest since people thrive for security and the survivability of a cryptocurrency. Many do not believe anymore to high-risk-high-rewards projects. Staking is one of the safer methods I enjoyed putting effort on.


Title: Re: Staking vs. mining altcoins
Post by: heidikim on December 09, 2019, 10:24:43 PM
Mining is now in the hands of large companies. We used to be able to mining in our house. Now this is over. Because electricity is too expensive. Mining equipment is very expensive. Stake is easier to make. Stake is more likely to make money.


Title: Re: Staking vs. mining altcoins
Post by: oktana on December 10, 2019, 04:01:01 AM
Mining is now in the hands of large companies. We used to be able to mining in our house. Now this is over. Because electricity is too expensive. Mining equipment is very expensive. Stake is easier to make. Stake is more likely to make money.
I sold a few units late last year, and the rest were just a pile of goods in the warehouse.

I cannot afford the maintenance costs because electricity increases are more expensive, if I recalculate it is not profitable to small miners. But what has been obtained can be used for trading capital until now. now I am following the staking in the exchange wallet, and leave masternodes.


Title: Re: Staking vs. mining altcoins
Post by: AirdropNotifyer on December 10, 2019, 04:27:36 AM
Well i have no choice to say which one is gud and which one is bad,
Because in crypto it's to hard to choose good projects,
Currently i'm staking two coins NRG (  Energi ) and BIP ( Minter )
But i'm completely satisfied With NRG,
Minter reducing My rewards every day,


Title: Re: Staking vs. mining altcoins
Post by: Pamadar on December 10, 2019, 04:40:16 AM
Mining is now in the hands of large companies. We used to be able to mining in our house. Now this is over. Because electricity is too expensive. Mining equipment is very expensive. Stake is easier to make. Stake is more likely to make money.
If you do have the right knowledge in choosing staking coins to invest your money. Like what you've said that mining is for those who can afford to invest large amount of money and have a good source of funds to play with the market without worrying about downfall and you can hold still. While staking if you know how to choose good project you can treat it as passive income while waiting for the bull run.


Title: Re: Staking vs. mining altcoins
Post by: Republikcoin.com on December 10, 2019, 04:47:59 AM
a decent thing might be a mine, but it's just a big mine. I think individual miners have already sold some of their mining rigs.
so far, the only thing that is likely to be profitable right now is IEO. it's just that not all IEO can have large profits. in addition, although some IEO is also quite profitable, sometimes it is only the beginning, and a few months later the price dropped. another thing that I think about is trading, but it's quite difficult to do for people who are new to trading.


Title: Re: Staking vs. mining altcoins
Post by: Trela on December 10, 2019, 05:06:26 AM
Both aren't cheap investments. Staking requires a decent capital for you to receive a promising amount if you prefer the daily equivalent but if you just want to accumulate more coins, this is good for you because it's much cheaper than mining.

While in mining, if you also want to accumulate a coin and you have a way to sustain your bills from other source that would be a good advantage for you. But if you'll depend on it for your daily bills, make sure you mine lucrative coins.

For staking, I think the best would be the hot coins like Tezos.
In addition, in mining, you can still sell VGA, ASIC if you do not want to exploit anymore. So, I personally prefer mining rather than betting, because the risk of Altcoin deposits is much higher than investing in an altcoin mining factory.

Although the value of a Staking Altcoin can be guaranteed, in the past, a lot of Altcoins failed to hold this price. For example, Zcoin, one of the coins I've invested in Staking, its value has dropped from more $100 to $15 within 6 months because of many investors took their profit at $100 - $90.
The assurance of holding the value of an altcoin staking is very fragile, but before the staking happens, it is an opportunity to pump the price of altcoins very high. It is my experience.


Title: Re: Staking vs. mining altcoins
Post by: terizla on December 10, 2019, 05:21:46 AM
I prefer stacking than mining. Stacking is more cheap than mining.
But, if you want to do stacking or mining you need good prediction about that token price in future.
This only give loss if you do before when the price is dump long time  ;D


Title: Re: Staking vs. mining altcoins
Post by: makemecrypto on December 10, 2019, 06:31:29 AM
What do you guys think about staking with new projects? I know it's a risky investment, but it's getting harder to get decent returns these days. There is a project I've been tracking for a while: https://www.bbminer.com/mining/general what do you guys think?


Title: Re: Staking vs. mining altcoins
Post by: BitcoinTurk on December 10, 2019, 08:52:17 AM
Both methods have various advantages and disadvantages in their field. Mining is the first and oldest production method known in crypto money technologies just like in our lives. Stake system is a new method in our lives, but it is easier than mining. For example, in terms of electricity consumption and efficiency, the stake system is a more advantageous method, but this makes the investor dependent on a single investment instrument, which can be shown as the biggest disadvantage.


Title: Re: Staking vs. mining altcoins
Post by: X-ray on December 10, 2019, 08:57:09 AM
I prefer stacking than mining. Stacking is more cheap than mining.
But, if you want to do stacking or mining you need good prediction about that token price in future.
This only give loss if you do before when the price is dump long time  ;D
Well it's staking not stacking and have a really different meaning. But I do agree the main problem is the fluctuation itself that discourage some people from staking their reserved cryptos and sometimes the fluctuation could result in a bigger loss than what we gained from the staking considering that price changes every hour. it really need a further analyzation to achieve profit.

Mining was profitable than staking in last 2 years. But in news all new project has target to staking even Ethereum 2.0 will start staking rewards although now running Ethereum has proof of work rewards. My advice is also for staking because only users will know the real value.
Depends on what rig you're working on to mine and if it's just a measly mid end GPU you definitely won't get a profit. You also have risk involved in staking and one of them is volatility because even ethereum with that high market capitalization could be dumped in a matter of hour.


Title: Re: Staking vs. mining altcoins
Post by: johnwest on December 11, 2019, 05:00:21 PM
Have you tried mining any coin these days..? Its not that easy to make profit these days. Also, if you are trying to mine altcoins then the market fluctuations will make it worse. Staking is also hard as there are lots of things to consider and manage. But easier than mining a coin.
I also heard some opinions that mining is not suitable at a time like this because the results are not in accordance with expenditure and also time. so I think it's better to just trade on altcoin, but if it's profitable for mining so just continue
I need recommendation can some one give me which one altcoin potential for staking and have big chance keep stable price and get much profit after one month later staking, I have check with many altcoin but look not good price after one month later because almot of altcoin have lower price, for mining bitcoin maybe not good choose because little profit every month and waiting one year get money back if altcoin mining keep higher price.

Its hard to find a coin with all of the qualities which you have asked for and have 'stable price'. I am looking forward to the POS update of Ethereum as it is the number 2 coin in the crypto space and interesting to see the profits on it.


Title: Re: Staking vs. mining altcoins
Post by: Mike Mayor on December 12, 2019, 02:57:03 PM
Both aren't cheap investments. Staking requires a decent capital for you to receive a promising amount if you prefer the daily equivalent but if you just want to accumulate more coins, this is good for you because it's much cheaper than mining.

While in mining, if you also want to accumulate a coin and you have a way to sustain your bills from other source that would be a good advantage for you. But if you'll depend on it for your daily bills, make sure you mine lucrative coins.

For staking, I think the best would be the hot coins like Tezos.
In addition, in mining, you can still sell VGA, ASIC if you do not want to exploit anymore. So, I personally prefer mining rather than betting, because the risk of Altcoin deposits is much higher than investing in an altcoin mining factory.

Although the value of a Staking Altcoin can be guaranteed, in the past, a lot of Altcoins failed to hold this price. For example, Zcoin, one of the coins I've invested in Staking, its value has dropped from more $100 to $15 within 6 months because of many investors took their profit at $100 - $90.
The assurance of holding the value of an altcoin staking is very fragile, but before the staking happens, it is an opportunity to pump the price of altcoins very high. It is my experience.

You should never be dependant on just mining that is a mistake. You should never be dependant on any one thing. You to be diverse. It's difficult to be diverse when mining. Sure you can mine different coins but at the end of the day the goal is to break even and then make profits.

You can still sell your VGA cards and you might have to in order to make a profit so, therefore, you have to balance out how long you mine with them vs how much you sell them for eventually. Thats actually a good idea. Sounds like a safer investment to me. If you can get cheap electricity and people to buy your second-hand cards then you set. Remember that miners can always stop working for who knows what reason. Probably won't happen but with staking, you don't need to worry. I think they more or less the same just on different scales though I think that pos coins are usually not backed by much more then the fun of staking them where is mining something like eth is perfectly accepted and well used currency.


Title: Re: Staking vs. mining altcoins
Post by: notthematrix on December 12, 2019, 03:01:47 PM
Staking does not take any computing power from the user, it's not even a question, obviously it's more profitable.

If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.


Title: Re: Staking vs. mining altcoins
Post by: Xardasim on December 12, 2019, 04:18:36 PM
Staking does not take any computing power from the user, it's not even a question, obviously it's more profitable.

If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.
It is clear that staking is a more effortless and easy way to make money. Getting rig needed for mining and having high costs are not desirable. The only problem with staking is that it is frozen for any time. If you have other opportunities during this time, you will have no choice but to wait.


Title: Re: Staking vs. mining altcoins
Post by: mamahdedeh on December 12, 2019, 04:25:10 PM
Staking does not take any computing power from the user, it's not even a question, obviously it's more profitable.

If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.
It is clear that staking is a more effortless and easy way to make money. Getting rig needed for mining and having high costs are not desirable. The only problem with staking is that it is frozen for any time. If you have other opportunities during this time, you will have no choice but to wait.
but indeed with staking, we do not need a lot of costs, we can easily get additional altcoin without work, just save it in the specified wallet. while with minning, aside from large capital, we need high operational costs, and I think net income is not satisfying at the moment



Title: Re: Staking vs. mining altcoins
Post by: Longthi_4823_Love on December 12, 2019, 05:30:32 PM
Bet by investing in coins. In 2019, the exploitation brings a lot of good benefits for investors, especially long-term investors in the profession.


Title: Re: Staking vs. mining altcoins
Post by: Nguyenthanh2391 on December 12, 2019, 05:34:29 PM
I think betting is much more dangerous than mining. This bet requires us to have a great faith in a currency or some kind of investment. A good percentage of opportunities also does not compare to other job paths.


Title: Re: Staking vs. mining altcoins
Post by: notthematrix on December 13, 2019, 02:52:49 PM
Staking does not take any computing power from the user, it's not even a question, obviously it's more profitable.

If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.
It is clear that staking is a more effortless and easy way to make money. Getting rig needed for mining and having high costs are not desirable. The only problem with staking is that it is frozen for any time. If you have other opportunities during this time, you will have no choice but to wait.

That's why iit's important to choose carefully the right and ambitious projects for staking funds.
Projects like Tezos are totally worth it. This is for all the people who prefer the hold in a project they trust over the day trading. Personally, I'm used to holding projects for months so it suits me.


Title: Re: Staking vs. mining altcoins
Post by: Edraket31 on December 13, 2019, 03:12:03 PM
Staking does not take any computing power from the user, it's not even a question, obviously it's more profitable.

If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.
It is clear that staking is a more effortless and easy way to make money. Getting rig needed for mining and having high costs are not desirable. The only problem with staking is that it is frozen for any time. If you have other opportunities during this time, you will have no choice but to wait.

That's why iit's important to choose carefully the right and ambitious projects for staking funds.
Projects like Tezos are totally worth it. This is for all the people who prefer the hold in a project they trust over the day trading. Personally, I'm used to holding projects for months so it suits me.

Yes better ask ourselves, what can we see our self in doing a job, are we seeing mining, trading or staking. Everything of them can be really profitable if we love what we are doing, but before that we should realize first the profit that we will win, let's check first if it is profitable or just wasting your life, so don't just settle for the thing that because it's easy to do, let's challenge our self sometimes.


Title: Re: Staking vs. mining altcoins
Post by: acsalles on December 25, 2019, 12:31:45 PM
Mining problems are common when the cryptocurrency market goes up in 2017. But in 2019 the market has been on a downward trend recently. I suspect mining is no longer a method of making money on development.


Title: Re: Staking vs. mining altcoins
Post by: sjbi on December 25, 2019, 12:38:49 PM
I am into neither of them as I do not have necessary equipment to mine coins like bitcoin and I do not take it seriously to stake coins. For me, bounty campaigns and airdrops are the best choice to earn free coins. In bounty campaigns, you will earn free tokens without any investment and much efforts. You can try it.


Title: Re: Staking vs. mining altcoins
Post by: calandra78 on December 25, 2019, 12:40:30 PM
Mining problems are common when the cryptocurrency market goes up in 2017. But in 2019 the market has been on a downward trend recently. I suspect mining is no longer a method of making money on development.
many miners already feel a loss when calculated for the coins they get from mining today. but isn't this like a situation where in the past bitcoin was very cheap and mining was a ridiculous choice? but when the market and the price of bitcoin increased, who would have thought that bitcoin miners at that time had become very rich.
this is the same as altcoin, although the bitcoin and altcoin market characters are certainly different. but at least the conditions at that time can give us lessons to be able to stay focused and confident in what we do.


Title: Re: Staking vs. mining altcoins
Post by: VDraci on December 25, 2019, 12:43:14 PM
People think staking is that simple, to mine coins and get good profits you have to build better top mining rigs, it's almost same thing with staking, to get higher rewards you have to buy large quantity of the coin and hodl, the truth is it's very costly


Title: Re: Staking vs. mining altcoins
Post by: cunguks on December 25, 2019, 12:57:34 PM
People think staking is that simple, to mine coins and get good profits you have to build better top mining rigs, it's almost same thing with staking, to get higher rewards you have to buy large quantity of the coin and hodl, the truth is it's very costly
all use capital, but I think staking is more risky than altcoin mining. altcoin can disappear at any time. especially if it is related to a platform that can be a scam at any time.


Title: Re: Staking vs. mining altcoins
Post by: Ken_terrance on December 25, 2019, 01:00:59 PM
Staking requires capital and a minimum requirement of tokens or coins you have to buy before you can start staking, it's stress free unlike Prove of work that's why POS is my best choice


Title: Re: Staking vs. mining altcoins
Post by: thisnewcoin on December 25, 2019, 02:42:54 PM
Mining is far better than staking but where anyone can stake a coin but everyone can't bear mining for a long time. If you can mine coins, do it, it is more profitable, if you can't then you may go for stake only good coins, right now, I only care the Energi coin for staking.


Title: Re: Staking vs. mining altcoins
Post by: Mighty_crypt on December 25, 2019, 02:46:52 PM
I used to enjoy mining coins but not profit is very low to none so I end up selling my mining rigs few days ago to PC gamers, glad I sold at reasonable price and now i want to buy tezos and start staking, POS is very convenient


Title: Re: Staking vs. mining altcoins
Post by: lionheart78 on December 25, 2019, 02:50:44 PM
Staking is more dangerous than mining.
1. A staked coin must have gains before they can share payout to stakers
2. Some of these projects don't have liquidity, they don't have utility to fuel their prices up.
3. You purchase these tokens before staking them, their prices could dump heavily during your staking period leading to loss even when you don't get anything at the end
Take COSS for instance, if the exchange doesn't make any returns, they won't share anything if the returns are too poor the payout won't be of any good.

At least with staking you won't have the trouble of configuring your mining farm.  You just need a pc or a vps then setup your wallet there and stake.  I think mining is as risky as staking if not more risky.  Imagine your mining rig crashing before you even get your ROI. 


Title: Re: Staking vs. mining altcoins
Post by: BeManga on December 25, 2019, 02:57:46 PM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!

well you need to have a large amount of coin to start staking
im used to stake some coin before and splitting it in minimum amount can generate more earning
there is some popular coin that will adopt POS in 2020 but you need to aware that POS is very risky and sometimes it's not profitable


Title: Re: Staking vs. mining altcoins
Post by: asder250 on December 25, 2019, 03:00:13 PM
I prefer staking coins rather than mining. Because you need to buy only PoS coins and that´s all. You don´t need to invest into mining hardware, electricity and space. Also I believe in the future PoS coins will be more decentralized (look how BTC mining is going to be centralized).


Title: Re: Staking vs. mining altcoins
Post by: sorrros on December 25, 2019, 03:25:00 PM
Staking suits much better for altcoins because many new created altcoins that use PoW consensus can´t provide enough protection against double spending attack due to low hashing power of the network.


Title: Re: Staking vs. mining altcoins
Post by: poodle63 on December 25, 2019, 03:43:15 PM
Mining is far better than staking but where anyone can stake a coin but everyone can't bear mining for a long time. If you can mine coins, do it, it is more profitable, if you can't then you may go for stake only good coins, right now, I only care the Energi coin for staking.
You must deal with various things that i don't think so many small miners will actually do that even when the block reward gets decrease and they will be moving to the another coins. It's not worth anymore and staking is a way better compared than mining. Remember time to the time the reward from the block is decreasing a lot.


Title: Re: Staking vs. mining altcoins
Post by: Script3d on December 25, 2019, 03:43:55 PM
Staking suits much better for altcoins because many new created altcoins that use PoW consensus can´t provide enough protection against double spending attack due to low hashing power of the network.
But there is a huge risk of coin losing its value and now you are stuck with your low value coins, with mining you can just switch to other coins like its not much a big of a deal unlike staking which require you to sell your coins at loss. Even though PoS provides more security it's not for its staker.


Title: Re: Staking vs. mining altcoins
Post by: Bim abk on December 25, 2019, 03:45:22 PM
I prefer staking coins rather than mining. Because you need to buy only PoS coins and that´s all. You don´t need to invest into mining hardware, electricity and space. Also I believe in the future PoS coins will be more decentralized (look how BTC mining is going to be centralized).
many people will choose to staking compared to mining which certainly requires tools that are sufficient to drain capital funds. the ability to calculate monthly expenses is also a challenge for mining, I personally prefer to staking coins maybe because I understand more


Title: Re: Staking vs. mining altcoins
Post by: pgbit on December 25, 2019, 10:54:08 PM
Depends on your location, I could remember reading an article about how the Chinese government confiscated some "illegal" miners numbering in thousands, this would never have been an issue if it was just staking, but staking has it's own downside as well, imagine staking a token when the token is high and at the end of the staking period and the token price becomes very low, you might end up not getting any profit or you could possibly even lose your funds, each has it's upsides and downsides.


Title: Re: Staking vs. mining altcoins
Post by: ub27 on December 25, 2019, 11:05:29 PM
I’m turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Let’s discuss solid projects with decent returns here. Appreciate any insights and info!


Majority is now moving from mining to staking as the apparatus and the market isn't that favourable anymore. Staking isn't that bad but you have to read about it to actually know how it works cos loss is also inevitable with staking