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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Karilosis44 on January 22, 2021, 01:20:15 PM



Title: do you do mining or staking?
Post by: Karilosis44 on January 22, 2021, 01:20:15 PM
there is many staking or mining coins.
staking coin like Tron or Vechain
or software mining coin like Pie or Pando

i do software mining with pie and pando both but
i have Tron and Vechain more than them.
but i stock them in exchange. because it is not easy to respond quickly.
and.. Pie or Pando, i just gathering through app or browser. i just keep it still.
but i don't know whether it can be big money or not.
Pando was listed on Bittrex but Pie is not yet.(i think Pie have no plan to register on exchange)

i just want to hear your investing strategy with staking or software mining,


Title: Re: do you do mining or staking?
Post by: nykka on January 22, 2021, 02:15:33 PM
Traditional mining is quite old for me, so I prefer staking for now. There are many projects which offer really good APY. I`m an investor and holder Elrond and Avalanche, so I`m staking these tokens right now. Elrond provide staking with incredible 29%(officially) and 25% (in reality) and Avalanche offer about 12% APY. It`s a really good opportunity to multiply tokens which I`m holding.
DeFI sphere have much more bigger APY, but I don`t trust it, so I prefer traditional staking and earning on it


Title: Re: do you do mining or staking?
Post by: Dariusburst on January 22, 2021, 02:50:01 PM
The problem with proof of stake coins is maintaining a good value for a long time, many POS coins have lost so much value with short time of their existence, imagine buying 1000 pieces of a coin for 1000$ to stake for 6 months and 12 months and before that cycle runs out the token or coin is already trading at 0.5$ aren't you still in loss even when you get your POS reward??


Title: Re: do you do mining or staking?
Post by: zasad@ on January 22, 2021, 03:22:09 PM
https://www.stakingrewards.com/
Staking has one serious drawback - it's unlock time.
The time of unlocking is different for each coin - from several weeks to several months. And during this time, the price of the coin can drop dramatically.
In a growing market, I think there are more opportunities to earn money without staking.



Title: Re: do you do mining or staking?
Post by: blockman on January 22, 2021, 03:25:10 PM
That pie has been long to be advertising itself through several social media and yet they are not yet listed anywhere? It's not the real mining that we see for generating and confirming transactions. They are making you look like mining it so you can enjoy it even if it seems that you're wasting your energy and your phone's performance which lessens the lifespan of it. And if you're staking on exchanges, I don't think it's a nice idea if you have the choice to stake it to a wallet that you have the private keys.


Title: Re: do you do mining or staking?
Post by: bittick on January 22, 2021, 03:28:25 PM
You wanna say PANDO is better and another coin is not even better than pando, right? another advertisement thread and it looks like you are a new account that created by the same person to do promotion for pando coin.
That could be true story. lol


Title: Re: do you do mining or staking?
Post by: cabron on January 22, 2021, 03:41:46 PM

Holding Vechain in the wallet is automatically like staking as it generates VTH tokens, its however not very valuable compare to NEO because GAS seem to have good value.

There ar several staking coins and it doesnt need a device that needs maintenance when mining, this is why I chose staking. Staking EOS gives you passive EOS income. Just as you stake Waves token.


Title: Re: do you do mining or staking?
Post by: Novatech8 on January 22, 2021, 03:48:44 PM
The problem with proof of stake coins is maintaining a good value for a long time, many POS coins have lost so much value with short time of their existence, imagine buying 1000 pieces of a coin for 1000$ to stake for 6 months and 12 months and before that cycle runs out the token or coin is already trading at 0.5$ aren't you still in loss even when you get your POS reward??
I feel your worries mate, if you have to stake a coin make sure it's one of the best, I believe this is the perfect advice I can give anyone, look into a altcoin that will always recovers no matter how bad the market situations may be, for example NEO is awesome


Title: Re: do you do mining or staking?
Post by: bassbity on January 22, 2021, 04:05:59 PM
I think this type of mining, is not a big guarantee for you. This is the era of 2021 in which big miners will replace small power supplies. Don't let you waste your time just because of mining like this, I'm sure over time fake mining will be eroded by the big mining companies today. remember the supply has decreased and the price will soon break above 50,000. if you want to focus, then focus on how to own bitcoin from now on, and develop even more.I think this type of mining, is not a big guarantee for you. This is the era of 2021 in which big miners will replace small power supplies. Don't let you waste your time just because of mining like this, I'm sure over time fake mining will be eroded by the big mining companies today. remember the supply has decreased and the price will soon break above 50,000. if you want to focus, then focus on how to own bitcoin from now on, and develop even more.


Title: Re: do you do mining or staking?
Post by: semobo on January 22, 2021, 04:07:51 PM
Mining is profitable if the miners are capable of holding their mined coins until the bull run arrives but most of the individual miners lost their interest since most of the altcoins are not generating any income to them but they end up paying expenses from the pocket.

On the other hand, staking is good because it gives a small number of returns when you lock your crypto on a certain exchange for a particular time but what will you do if the fiat value of staked coins are losing while you staked, it still going to be a total loss.


Title: Re: do you do mining or staking?
Post by: JeotQ on January 22, 2021, 04:31:22 PM
Mining is profitable if the miners are capable of holding their mined coins until the bull run arrives but most of the individual miners lost their interest since most of the altcoins are not generating any income to them but they end up paying expenses from the pocket.

On the other hand, staking is good because it gives a small number of returns when you lock your crypto on a certain exchange for a particular time but what will you do if the fiat value of staked coins are losing while you staked, it still going to be a total loss.
It's even a different story right now for miners, they don't have to mine and hold, even old gpu are Profitable for mining presently, if your miner can produce as little as 15mh per second you are still in for some profits, I'd choose mining over staking because it ease the mind, you can decide to sell instantly or hold


Title: Re: do you do mining or staking?
Post by: CuriousGeorge on January 22, 2021, 04:48:59 PM
I was only doing staking and it's much more profitable compared with mining. I have sold my mining rig a few years ago and i never do that again. mining is not worthy to be done by the small miners.
POW coins become very hard to be mined. BTW so many platforms are also moving to the POS system too.
That makes POW will not relevant again.


Title: Re: do you do mining or staking?
Post by: Sterbens on January 22, 2021, 05:13:59 PM
 I am still trading and have no interest in mining or betting. many investors might be interested but not Pie and Pando. Moreover, how long Pie will want to make the hopes of many people buried and not leave anything to be reaped.


Title: Re: do you do mining or staking?
Post by: Sirait on January 22, 2021, 05:27:35 PM
^ I'm actively using the staking program on Binance https://www.binance.com/en/earn#flex-item. even though it didn't give me a big profit but slowly I was able to collect more tokens from staking share. but one thing I don't like about staking is the possibility that the value of the tokens we put on staking decreases.


Title: Re: do you do mining or staking?
Post by: youdacapt on January 22, 2021, 05:32:42 PM
Some people call it farming, some staking and that is what i have been doing lately on the tron blockchain and also on the binance smart chain. For a month now i have been staking Cake tokens into different pools on the pancakeswap platform to earn more cake and other tokens.

While on the Tron platform, i am staking into eft and ume pools to farm them daily; while also staking tron to make tron daily (passive incomes). I will advise that if at the moment you are unable to get a mining device; you can stake and make passive incomes.

BS: Please do your own research as i have stated just my personal experience.


Title: Re: do you do mining or staking?
Post by: semobo on January 22, 2021, 05:53:52 PM
Mining is profitable if the miners are capable of holding their mined coins until the bull run arrives but most of the individual miners lost their interest since most of the altcoins are not generating any income to them but they end up paying expenses from the pocket.

On the other hand, staking is good because it gives a small number of returns when you lock your crypto on a certain exchange for a particular time but what will you do if the fiat value of staked coins are losing while you staked, it still going to be a total loss.
It's even a different story right now for miners, they don't have to mine and hold, even old gpu are Profitable for mining presently, if your miner can produce as little as 15mh per second you are still in for some profits, I'd choose mining over staking because it ease the mind, you can decide to sell instantly or hold
You are talking about the current market condition but what if we undergo bear run fir the next few years, miners have to keep running but they can't pay the electricity expenses due to less price of the coins they are mining.

We should keep in mind that mining is also a long term investment so don't expect to reap your profits every month.


Title: Re: do you do mining or staking?
Post by: eaLiTy on January 22, 2021, 07:33:32 PM
i just want to hear your investing strategy with staking or software mining,
There is a large group of investors and cryptocurrency enthusiast who are not willing to burn my machine using software mining, the fact is that unless you are not having specific equipment to mine the coins it is no way profitable as it will burn your laptop. When it comes to staking there might be coins that will give you the profit and even if i am forced to do from either you mentioned i will stake the coins rather than burning my hardware.


Title: Re: do you do mining or staking?
Post by: Dutchyyy on January 22, 2021, 09:12:48 PM
I'm staking as many coins as possible on 7-days cycles. There are plenty of options for 10-15% APY, and I cannot force myself to miss it.
I tried mining a long time ago and figured out that the mining game is not for me.


Title: Re: do you do mining or staking?
Post by: JNR on January 22, 2021, 09:32:28 PM
i do staking and trading buddy, and never mining
for daily or weekly income i do trading, but for long term hodl i will stake my coins, such as trx, eth and more


Title: Re: do you do mining or staking?
Post by: goaldigger on January 22, 2021, 09:49:10 PM
Staking is the new trend right now because almost the new project implement this program and for me, this is a lot more convenient compare to mining and staking are more affordable. I have a very limited experience about mining since one of my friend are doing this before but knowing the cost of one rig makes me think for a better solution and its good to have staking option seriously.


Title: Re: do you do mining or staking?
Post by: bitgolden on January 23, 2021, 05:52:17 AM
I do staking a bit on BSC, that is not bad. If you put your BNB on pancakeswap they will give you cake in return of keeping your BNB there, obviously they are getting your LP shares so it is not free but I get to have Cake as well which is all I want. Secondly if I get that cake and farm it, I get to have syrup as well, which is awesome and can be used to get more return, and there is also other coins, you can use syrup or cake to stake other ones as well. You could also use that to buy lottery tickets as well and you would be making a bit of money too.

So long story short we are talking about a bunch of stuff that Cake can do and all you need is put your BNB in there and you are not even "giving" your bnb, you can unstake it anytime you want and you get your 2 bnb back, there is no risk of losing money, which is why I love it and that is what I have been doing.


Title: Re: do you do mining or staking?
Post by: carlisle1 on January 23, 2021, 06:15:51 AM
there is many staking or mining coins.
staking coin like Tron or Vechain
or software mining coin like Pie or Pando

i do software mining with pie and pando both but
i have Tron and Vechain more than them.
but i stock them in exchange. because it is not easy to respond quickly.
and.. Pie or Pando, i just gathering through app or browser. i just keep it still.
but i don't know whether it can be big money or not.
Pando was listed on Bittrex but Pie is not yet.(i think Pie have no plan to register on exchange)

i just want to hear your investing strategy with staking or software mining,
None of them for now but i am planning in Staking not for crypto coins but for Gambling sites , because i am following a thread in gambling in which He seems to be successful in His Staking though not that High income but the risk is very Low.

Mining ? No i don't Mine or anything in this related but lets see in future , let me ask you frankly ? do you see Good return in Mining in software? of course not Cloud Mining .


Title: Re: do you do mining or staking?
Post by: Ken_terrance on January 23, 2021, 06:35:21 AM
I like staking because it's more easy, you don't have to spend some money on mining hardwares and so on but what I don't like about staking is the decrease in  value of the tokens you are staking while the staking period is ongoing, it's kinda dangerous too


Title: Re: do you do mining or staking?
Post by: Ken_terrance on January 23, 2021, 06:37:25 AM
I'm staking as many coins as possible on 7-days cycles. There are plenty of options for 10-15% APY, and I cannot force myself to miss it.
I tried mining a long time ago and figured out that the mining game is not for me.
Hi @Dutchyyy, I will like to ask you a question or two, which platform or wallet are you using for your staking that allows 7 days staking cycles? And what type of coins are you used to for staking? Names will be appreciated


Title: Re: do you do mining or staking?
Post by: overttherainbow on January 23, 2021, 06:48:08 AM
Staking is not so profitable is for me, i prefer crypto deposits. ARP there usually higher and you can earn it in btc


Title: Re: do you do mining or staking?
Post by: Shallow on January 23, 2021, 06:51:06 AM
Before going into staking, I think the person first and foremost must be ready to be a long term holder and not only that, he must be willing to agree with the risks associated with it, how? Most staking coins have different unstaking time, that is, when you stake your coins, it needs to remain that way for a certain period of time, thus once staked it will be locked until the time elapsed, but the issue there is, market factors always comes into play, they might miss many pumps, thus the token might dump badly later on hence resulting to losses, unless they hold again of course, it is only few coins that can still retain a good price depending on the team. Therefore, before staking, understand all you need to first and be prepared for it. As for me, I hardly have anything to do with staking, I prefer holding my coins and deciding when to sell or how long to hold before selling, nevertheless, some people still finds staking lucrative, therefore find one which suits you, maybe with a lower unstaking period and go for it.


Title: Re: do you do mining or staking?
Post by: FireBallex on January 23, 2021, 07:04:17 AM
Both mining and staking have their disadvantages, I prefer mining because it's more than a hobby to me, the feeling of building and making money everyday had some adventurous journey for me and I'm able to learn so many other things because of proof of work algorithm, staking coins is more easier and hassle free but rewards aren't still fixed, oh by that I mean the tokens you stake can lose good amount of value before you are able to receive your reward


Title: Re: do you do mining or staking?
Post by: makishart on January 23, 2021, 07:13:12 AM
Previously I was mining pie but since last month I have left it because I think pie only gives hope to members but has not been listed until now. And for now I prefer to join staking because I think it's more comfortable
That means the PIE coin was giving BS promise to the its miners lol. A crap coin with fake claim should not be trusted by anyone. It's happening so many times when people are starting to mine pr participate in the mining of PIE coin. I know that since a long time ago if pie coin was a garbage coin.
You guys should have marked it as scam coin.


Title: Re: do you do mining or staking?
Post by: Maxstl007 on January 23, 2021, 07:26:14 AM
There is more to mining that meets the eye, through mining I am now able to know some things I've never thought I'd understand in my life, how PC components works, all those troubleshooting did end up adding more knowledgeable to myself, even now I can set up a complete solar panels that can power a whole house, a year ago I couldn't do this, the feeling of wanting to know more is very good, staking is just a easy way out


Title: Re: do you do mining or staking?
Post by: Sourhearrt on January 23, 2021, 07:34:58 AM
Mining gives more freedom, fire up your rigs, make that money right in your home and decide whatever you want, sell or hold? That's your choice to make, you are not entrusting your assets to any centralized platforms to make more money, the risk of Mining is more limited compared to staking


Title: Re: do you do mining or staking?
Post by: Rowenta on January 23, 2021, 08:15:57 AM
If you are a techy guy you can find fun in mining coins, configuring pools and others, apart from the money making side I like mining because it's fun, even when mining is less profitable in 2019 I still keep mining Ethereum, it's all about who you are, if you don't like mining then go for staking


Title: Re: do you do mining or staking?
Post by: RabbiTANK on January 23, 2021, 08:18:48 AM
If you plan on going for staking coins make sure you choose strong altcoins like NEO for staking, even if it losses value before a staking cycle ends there is certainty that it will recovers, there are also many scam staking coins out there, they promise high ROI, stay away from such POS coins


Title: Re: do you do mining or staking?
Post by: RabbiTANK on January 23, 2021, 08:21:04 AM
Mining cryptocurrency serves as practicing decentralization on other part if you look at it very well, the freedom of making money is presence, I love it more than staking but I do both, I trust binance ROI more but some said staking on Atomic wallet have the highest ROI


Title: Re: do you do mining or staking?
Post by: Gunday_07 on January 23, 2021, 09:12:57 AM
I find peace and joy in mining than staking, I once stake a coin for months and it loses 60% value before the staking period ends, I was in loss and since that day I've make up my mind to never try staking again, mining is less risky in this part


Title: Re: do you do mining or staking?
Post by: poodle63 on January 23, 2021, 10:09:54 AM
Definitely prefer staking though, don't need to go through all the hurdle and obstacle of setting up some mining rigs instead with staking I could simply join a staking pool or set up my own node and get done with it.
Also, with mining the profitability depends on your location and many factors it's just not worth it to solve all that problem when you're an individual with relatively low hashrate. Unless I got quite huge hashrate ready to fire up I won't be touching mining again maybe until things changes like difficulty getting lowered or such.


Title: Re: do you do mining or staking?
Post by: Apostlekin$$$ on January 23, 2021, 10:10:15 AM
i do staking and trading buddy, and never mining
for daily or weekly income i do trading, but for long term hodl i will stake my coins, such as trx, eth and more
It's good if you are a expert in trading, to me trading is on another level of making money because sometimes you will lose money, with mining you get what you mine, it's even more profits when you hold, those who mined Ethereum through out 2019 and 2020 before the bull season started are now in money


Title: Re: do you do mining or staking?
Post by: Gorosden on January 23, 2021, 10:14:01 AM
You just have to find which one suits you best, I've tried mining, staking and trading, today I still find mining to be a less worrying way if making money and trading to be the most risky way of making money in crypto space but all in all I still find myself doing some trading till date


Title: Re: do you do mining or staking?
Post by: Coin_trader on January 23, 2021, 10:21:00 AM
You just have to find which one suits you best, I've tried mining, staking and trading, today I still find mining to be a less worrying way if making money and trading to be the most risky way of making money in crypto space but all in all I still find myself doing some trading till date

Both of the method that you mention are risky in different way. Mining is risky when your rig broken before you get ROI, Staking if the token price that you are staking dump hard since you can't move your tokens while at stake status and Lastly trading which all know how volatile this market.

Mining is worst for those user who live in a country with skyrocket electricity rate.


Title: Re: do you do mining or staking?
Post by: JHORN on January 23, 2021, 10:26:14 AM
You just have to find which one suits you best, I've tried mining, staking and trading, today I still find mining to be a less worrying way if making money and trading to be the most risky way of making money in crypto space but all in all I still find myself doing some trading till date

Both of the method that you mention are risky in different way. Mining is risky when your rig broken before you get ROI, Staking if the token price that you are staking dump hard since you can't move your tokens while at stake status and Lastly trading which all know how volatile this market.

Mining is worst for those user who live in a country with skyrocket electricity rate.
Rigs don't just broke like that, it's why learning before building rigs is very important, the only thing that is bad for mining rigs is heat, when building one you have to make sure that enough air are flowing in and out, cooling is must for your rigs to stay alive


Title: Re: do you do mining or staking?
Post by: JHORN on January 23, 2021, 10:28:46 AM

Mining is worst for those user who live in a country with skyrocket electricity rate.
[/quote]

Still depends, I'm from a country where electricity is very cheap but doesn't stay on for 24hours per day, most times we get 10 to 12 hours in a day, after doing research on green energy I find out that solar is even better for mining than electricity


Title: Re: do you do mining or staking?
Post by: tvplus006 on January 23, 2021, 11:58:35 AM
i do staking and trading buddy, and never mining
for daily or weekly income i do trading, but for long term hodl i will stake my coins, such as trx, eth and more
It's good if you are a expert in trading, to me trading is on another level of making money because sometimes you will lose money, with mining you get what you mine, it's even more profits when you hold, those who mined Ethereum through out 2019 and 2020 before the bull season started are now in money

This would be true if those ETH coins that were mined in 2019-2020 were not immediately sold. But this is exactly what most miners do, who need to cover the costs associated with mining. Staking differs from mining in that it does not require equipment and maintenance costs.


Title: Re: do you do mining or staking?
Post by: reza7777 on January 23, 2021, 01:19:51 PM
I once stake a coin for months and it loses 60% value before the staking period ends, I was in loss and since that day I've make up my mind to never try staking again
What coins did you stake? Be careful bro because there are so many staking coins that eventually end up being scam, if you have a plan to staking then try AME because you will get a fairly large return


Title: Re: do you do mining or staking?
Post by: crzy on January 23, 2021, 01:51:42 PM
I once stake a coin for months and it loses 60% value before the staking period ends, I was in loss and since that day I've make up my mind to never try staking again
What coins did you stake? Be careful bro because there are so many staking coins that eventually end up being scam, if you have a plan to staking then try AME because you will get a fairly large return
If in doubt, better not to do staking at all. I personally have my tokens on the stake program and those are great tokens I believe for because I don’t want to lose money from the shit projects and yes, not all staking are profitable so always choose the best for you. Mining are still profitable to those who have a greater equipments to make this possible, but if you are new and planning to do mining, then you must have the spare money for this.


Title: Re: do you do mining or staking?
Post by: gumusi on January 23, 2021, 02:05:59 PM
I haven't mined until now, but sometimes I have staked. The biggest problem in mining business is electricity consumption and it is very expensive. It matters which coin you mine. In the staking business, it is not clear how the coin will act.


Title: Re: do you do mining or staking?
Post by: CashbackLover on January 23, 2021, 02:21:08 PM
There is nothing wrong to mine and stake at the same time, making money in two ways is very good and can be very helpful, POS coins are sometimes disappointing but if you choose those with fair rewards there won't be any problem


Title: Re: do you do mining or staking?
Post by: CashbackLover on January 23, 2021, 02:22:58 PM
I haven't mined until now, but sometimes I have staked. The biggest problem in mining business is electricity consumption and it is very expensive. It matters which coin you mine. In the staking business, it is not clear how the coin will act.
In staking business it's safer to choose top altcoins for staking, they hardly lose value and even if Bitcoin drags them down they will recover, the mistake that many newbies are doing this days is looking into new altcoins that promised high percentage of returns and such coins don't live long


Title: Re: do you do mining or staking?
Post by: martina14 on January 23, 2021, 02:34:56 PM
there is many staking or mining coins.
staking coin like Tron or Vechain
or software mining coin like Pie or Pando

i do software mining with pie and pando both but
i have Tron and Vechain more than them.
but i stock them in exchange. because it is not easy to respond quickly.
and.. Pie or Pando, i just gathering through app or browser. i just keep it still.
but i don't know whether it can be big money or not.
Pando was listed on Bittrex but Pie is not yet.(i think Pie have no plan to register on exchange)

i just want to hear your investing strategy with staking or software mining,

I think as of the moment, there is one of the staking platform in which I think it is a good start to experience in terms of staking.
And this was Betfury, but you need to buy their token BFG for you to be able to avail their staking programs to their platform in the
gambling site. The higher BFG you have in the balance to their gambling platform is the higher you get in staking program in bitcoin, ETH, TRX, BTT and USDT. But disclaimer only I am not promoting BFG instead I am just stating that they have a staking programs were I think it is good.


Title: Re: do you do mining or staking?
Post by: Miaallen on January 23, 2021, 07:45:49 PM
Mining of nowadays requires huge fund to buy either hardware or software which is used for mining. And in the recent time, the earning is no longer attractive considering the time and energy consumption used in mining. I think staking is better now. Although both cannot compared to trading earning if one has the basic skills required for successful trading.


Title: Re: do you do mining or staking?
Post by: uneng on January 23, 2021, 07:50:26 PM
I'm staking right now just to test how profitable it will be on practice, because I'm not fully confident of its potential yet. It looks much more interesting to just invest in bitcoins (even if you let your btcs idle without earning any interest) and wait till it skyrockets. The profit chance is much higher compared to any staked coins, I mean.
Every investor must be aware that these many investment options besides bitcoin in crypto market is probably a strategy from other investors and developers to get your money out of the real good investment, that is btc, to stake on their coins.


Title: Re: do you do mining or staking?
Post by: Ryushin on January 24, 2021, 04:49:14 PM
Mining, because I'm in total control of what I earn and also I can earn more if I want, there is this feeling of full decentralized when mining coins with electricity and getting paid, its more easier to stake as everyone said but it's fun setting up mining rigs and doing the counting etc


Title: Re: do you do mining or staking?
Post by: JooBra on January 24, 2021, 09:17:42 PM
If you can best is both. Stacking cardano and mining ETH or something else. With price going up probably for most alt you cant be wrong at the moment.


Title: Re: do you do mining or staking?
Post by: Conley on January 24, 2021, 09:25:04 PM
Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk. All you have to do is stake (buy & hold) some coins in order to get added to the mining pool. As for profits, the actual profits you can make from staking will depend on how much you vest and for how long.


Title: Re: do you do mining or staking?
Post by: bttmember on January 24, 2021, 09:32:50 PM
there is many staking or mining coins.
staking coin like Tron or Vechain
or software mining coin like Pie or Pando

i do software mining with pie and pando both but
i have Tron and Vechain more than them.
but i stock them in exchange. because it is not easy to respond quickly.
and.. Pie or Pando, i just gathering through app or browser. i just keep it still.
but i don't know whether it can be big money or not.
Pando was listed on Bittrex but Pie is not yet.(i think Pie have no plan to register on exchange)

i just want to hear your investing strategy with staking or software mining,
Recently started staking Eth on binance, so far so good but the only thing i have noticed is that the staking rewards are getting smaller everyday as more eth are being staked and they will probably stabilized around 5 percent annual returns so if ethereum grows expensive which is highly expected these returns will be very decent in the future.


Title: Re: do you do mining or staking?
Post by: Flowzer on January 24, 2021, 11:25:13 PM
Mining is very hard especially if you are not hardware techy person, there will have many trouble issue as beginning. I have try to mining and have some hardware issue so i choose to sell all of them. Now im seeking opportunity to earn coin by staking program, but most of them need many coins to be staked to start.


Title: Re: do you do mining or staking?
Post by: xiboothrezi on January 24, 2021, 11:46:51 PM
~
I just want to hear your investing strategy with staking or software mining,
I did not choose both, because I was not interested, especially it took a long time. in staking there is often a certain period to unlock, while the market cannot wait because of the very high price fluctuations. I prefer trading.
well, this is only based on my personal opinion, everyone has their own preferences, as long as they understand the risks and can implement the right strategy, you can definitely get profit,


Title: Re: do you do mining or staking?
Post by: CuriousGeorge on January 25, 2021, 12:05:12 AM
If you can best is both. Stacking cardano and mining ETH or something else. With price going up probably for most alt you cant be wrong at the moment.
Mining ethereum not worth anymore for the small miners and if you have not yet tried it and just try that now. It's better to staking the coins rather than try to mine crypto. You didn't need to think about the electricity cost and the block reward that can decrease anytime.
I personally will never try to pick the mining again as it's already outdated.


Title: Re: do you do mining or staking?
Post by: blue Snow on January 25, 2021, 12:18:39 AM
Now im seeking opportunity to earn coin by staking program, but most of them need many coins to be staked to start.
you have to try staking pool which does not need requirement balance. I hear binance had eth pool staking with 0,0001 ETH minimum for a stake.

but do not get into the trap by joining the fake pool. research first before action.


Title: Re: do you do mining or staking?
Post by: FairUser on January 25, 2021, 12:22:04 AM
That's what I think everyone in this market for a while will do it. That's a pretty good way to pay off, nowadays I also staking the coins I hold, and it's great to see it increase and also get the benefits of staking.


Title: Re: do you do mining or staking?
Post by: romero121 on January 25, 2021, 12:53:48 AM
If you can best is both. Stacking cardano and mining ETH or something else. With price going up probably for most alt you cant be wrong at the moment.
Mining ethereum not worth anymore for the small miners and if you have not yet tried it and just try that now. It's better to staking the coins rather than try to mine crypto. You didn't need to think about the electricity cost and the block reward that can decrease anytime.
I personally will never try to pick the mining again as it's already outdated.
yes, mining requires a lot of money, moreover every day you have to pay electricity bills and maintenance costs too, it's better Stacking or farming is more profitable than mining, I've also been stacking and farming for a long time and the results are quite profitable
With mining it is possible to profit, and for the same we need to set the farms in a location where there is low electricity consumption charge. Apart from this, the market movement is the one that predicts the profitability of the mining. Large scale miners also has the same complication, but they'll easily overcome it with the rewards.

Once I was into mining, at some point the price of ethereum was close around $220. By the time my GPU mines about 1 ethereum per month. The bad thing I spend around $200 for electricity consumption. By the time if I had managed to hold those now that could've profited me. With that I stopped mining and sold all the miners.


Title: Re: do you do mining or staking?
Post by: Santri on January 25, 2021, 07:33:29 AM
mining is very costly and for now mining does not provide sufficient income to small miners, it is more efficient to join staking or farming because we don't have to pay anything, there are no electricity costs or machine maintenance costs


Title: Re: do you do mining or staking?
Post by: KimmyF on January 25, 2021, 08:05:14 AM
If you can best is both. Stacking cardano and mining ETH or something else. With price going up probably for most alt you cant be wrong at the moment.
Still, Ethereum mining is profitable. Ethereum full-scale hasn't been released yet until Ethereum mining could be profitable. From now on, all top coin mining will be profitable, but later this year the situation could be changed. For staking top 10-20 coins, I would prefer for the long term. Stellar staking rewards I got but a few numbers of amount.


Title: Re: do you do mining or staking?
Post by: RussianEnglishTranslation on January 25, 2021, 08:18:20 AM
there is many staking or mining coins.
staking coin like Tron or Vechain
or software mining coin like Pie or Pando

i do software mining with pie and pando both but
i have Tron and Vechain more than them.
but i stock them in exchange. because it is not easy to respond quickly.
and.. Pie or Pando, i just gathering through app or browser. i just keep it still.
but i don't know whether it can be big money or not.
Pando was listed on Bittrex but Pie is not yet.(i think Pie have no plan to register on exchange)

i just want to hear your investing strategy with staking or software mining,
You can easily mine 0xMonero on any older model GPU, even if it only has 2GB of RAM. You can stake 0xMR LP tokens from Uniswap on Unicrypt.


Title: Re: do you do mining or staking?
Post by: Claudio99 on January 25, 2021, 08:39:23 AM
there is many staking or mining coins.
staking coin like Tron or Vechain
or software mining coin like Pie or Pando

i do software mining with pie and pando both but
i have Tron and Vechain more than them.
but i stock them in exchange. because it is not easy to respond quickly.
and.. Pie or Pando, i just gathering through app or browser. i just keep it still.
but i don't know whether it can be big money or not.
Pando was listed on Bittrex but Pie is not yet.(i think Pie have no plan to register on exchange)

i just want to hear your investing strategy with staking or software mining,
You can easily mine 0xMonero on any older model GPU, even if it only has 2GB of RAM. You can stake 0xMR LP tokens from Uniswap on Unicrypt.
It would have been great if this 0xMonero was built on its own blockchain but it's an ERC20 token that's why I don't like the project, minable or not still sucks because of high gas fee too and another problem is lack of adoption, the 24 hrs trading volume is a little over 2000$, I won't dare mine such coin


Title: Re: do you do mining or staking?
Post by: CryptopreneurBrainboss on January 25, 2021, 12:16:03 PM
Lets look at how affordable
In growing market, I think there are more opportunities to earn money without staking.

Quite true but do realize this other method has very high risk associated with them. With trading, you risk losing your coins when you want to outsmart the market and yours gains when you sell too early, missing out on future profits. Mining has high cost associated with it. Not every can afford the mining equipment but I'm sure most users can afford the minimum amount needed in most project to partake in her staking activity.

I'll prefer staking over mining although I think as enthusiast we should embrace both. While the bullish market isn't favorable to staking per se, you can still take advantage of the bearish season to accumulate as many coins as possible then stake them. Staking are for bearish season, it helps scare off the pressure of selling your coins if they're dumping.


Title: Re: do you do mining or staking?
Post by: Pamadar on January 25, 2021, 12:38:46 PM
Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk. All you have to do is stake (buy & hold) some coins in order to get added to the mining pool. As for profits, the actual profits you can make from staking will depend on how much you vest and for how long.
Staking is not that easy as you said, you need to make sure that the project you plan to stake is a top altcoin or risk losing your money before your staking cycle is over, I will only stake coins on top 10 coinmarketcap rank

Correct, Staking is profitable if you manage to pick the right project to invest your money.

There are selections of staking coins out there but you have to really sort things out, you need to find deeper information to avoid
losing your chances, as there's also possibilities that with the wrong timing you'll lose the value of your investment in a split seconds.
Don't just buy and stake do your deeper research.


Title: Re: do you do mining or staking?
Post by: Mauser on January 25, 2021, 01:52:59 PM
I tried out some mining a few years back but it didn't end up being very profitable. In hindsight I just didn't have the proper setup and should have invested first in some proper hardware. Now I don't think mining is a good idea for me anymore. I would like to do some staking instead but for that I need more coins first. Maybe in 6 to 12 months I could start staking.


Title: Re: do you do mining or staking?
Post by: fullhdpixel on January 26, 2021, 06:44:17 AM
Staking is profitable if you manage to pick the right project to invest your money.

There are selections of staking coins out there but you have to really sort things out, you need to find deeper information to avoid
losing your chances, as there's also possibilities that with the wrong timing you'll lose the value of your investment in a split seconds.
Don't just buy and stake do your deeper research.
Staking became something totally else with the increase in the defi projects, the proof of stake staking and defi staking are two different things. They are not totally different things obviously, but proof of stake staking is a lot less earner with a lot less risk, while defi staking is a lot more earning with a lot more risk as well.

I have seen too many 1000%+ APY in the defi staking world for example, not because it made sense but because they wanted to get investors, and during the first early days getting LP is the most important thing in the defi world, if you do not get LP you will be left behind, which is why it is obvious that projects pay huuuuuge amounts of APY to get investors. Honestly I like proof of stake, but the defi staking is a bit more challenging, I like them as a fun side thing, but would I invest my money there in serious amounts? I doubt so.


Title: Re: do you do mining or staking?
Post by: Mariangle Blocker on January 26, 2021, 07:03:38 AM
Stake. Miming costs time


Title: Re: do you do mining or staking?
Post by: Eco_111 on January 26, 2021, 10:22:50 AM
Stake. Miming costs time
Really? Stake is the one that costs time here, you aren't getting any reward every day until your staking period is over, if it's annual then you have to wait till after a year to get paid, but for mining things are different, you get paid every day and you can decide to withdraw every week or months too, mining gives full freedom and control


Title: Re: do you do mining or staking?
Post by: youdacapt on January 26, 2021, 10:35:03 AM
Stake. Miming costs time
Really? Stake is the one that costs time here, you aren't getting any reward every day until your staking period is over, if it's annual then you have to wait till after a year to get paid, but for mining things are different, you get paid every day and you can decide to withdraw every week or months too, mining gives full freedom and control

Yes you are right about staking taking time; but on the smart chain (pancakswap to be precise) you can join a staking pool anytime and as well harvest your stakes or unstake at basically anytime. In generally; it is safe to say that both mining and staking takes time to yield; the true question is how much are you mining per day ? how much doe your stake yield daily? this is what you should look into and let it guide your decision about staking or mining


Title: Re: do you do mining or staking?
Post by: Phoenix_PROG on January 26, 2021, 10:48:26 AM
Stake. Miming costs time
Really? Stake is the one that costs time here, you aren't getting any reward every day until your staking period is over, if it's annual then you have to wait till after a year to get paid, but for mining things are different, you get paid every day and you can decide to withdraw every week or months too, mining gives full freedom and control

Yes you are right about staking taking time; but on the smart chain (pancakswap to be precise) you can join a staking pool anytime and as well harvest your stakes or unstake at basically anytime. In generally; it is safe to say that both mining and staking takes time to yield; the true question is how much are you mining per day ? how much doe your stake yield daily? this is what you should look into and let it guide your decision about staking or mining
There is not much difference between the two, some are saying it cost more to build a rig but that's same with staking too, it's all about target, if you want to earn 20$ per day on staking you have to hold huge amount of the coin, you could be spending thousands of dollars on the coin to stake, isn't it same it mining coins?


Title: Re: do you do mining or staking?
Post by: Phoenix_PROG on January 26, 2021, 10:50:02 AM
The reason why I prefer mining is the freedom and peace of mind, with staking it's easier  to think that the coin can lose value or turn dead any time but when mining even if the profit goes lower you can switch to another coin and keep mining, nothing comes close to the freedom you get in mining.


Title: Re: do you do mining or staking?
Post by: Greatdev on January 26, 2021, 12:26:00 PM
I like staking but I don't feel as ease when trusting my tokens with any third-party platforms, I prefer staking in wallets like atomic wallet but I just happen to like mining better because it's in line with my work ( computer engineering ) so I find mining to be fun and now it's more than a hobby


Title: Re: do you do mining or staking?
Post by: go1lo2va3 on January 26, 2021, 02:03:16 PM
i just want to hear your investing strategy with staking or software mining
I tried software and hardware mining, but overall staking is more profitable


Title: Re: do you do mining or staking?
Post by: makishart on January 26, 2021, 02:04:26 PM
i just want to hear your investing strategy with staking or software mining
I tried software and hardware mining, but overall staking is more profitable
It's caused by you didn't need to pay a lot for the electricity and maintain your mining rig. Just send it to the staking address and you will be able to earn the passive income.
Remember staking is also available in the stable coin too and that gives more advantage for us.


Title: Re: do you do mining or staking?
Post by: max6575 on January 26, 2021, 02:10:07 PM
yes we have chance to work on customs of developed program to mine bitcoin or more of altcoin as they have offers with the option to mine. and defining use with the initials to counts of spares on difference as how much we might gains as the decision on mine by the blockchain server.


Title: Re: do you do mining or staking?
Post by: kkaroul4 on January 26, 2021, 02:39:50 PM
Just trading, I don't really have big capital to do staking, well if you stake it's just around 2%-10% annually and if you are mining it took you many months before you can recover your investment. While in trading you can have 5% or more in just one day, if you really are a good trader.


Title: Re: do you do mining or staking?
Post by: elisabetheva on January 26, 2021, 07:12:16 PM
Just trading, I don't really have big capital to do staking, well if you stake it's just around 2%-10% annually and if you are mining it took you many months before you can recover your investment. While in trading you can have 5% or more in just one day, if you really are a good trader.
I am the same as the colleague above and not really interested in mining, because the equipment is quite large and the cost is not small, so staking is clearly impossible for me to do at a time like this. the most likely thing is trading the same as the partners above, because this requires patience and good analysis and full confidence in the abilities we have in order to produce the best. this is where we are required to be able to provide our experience to analyze well.
there is a sense of satisfaction in being successful with what we do.


Title: Re: do you do mining or staking?
Post by: lumierre on January 26, 2021, 08:04:30 PM
Definitely prefer staking though, don't need to go through all the hurdle and obstacle of setting up some mining rigs instead with staking I could simply join a staking pool or set up my own node and get done with it.
Also, with mining the profitability depends on your location and many factors it's just not worth it to solve all that problem when you're an individual with relatively low hashrate. Unless I got quite huge hashrate ready to fire up I won't be touching mining again maybe until things changes like difficulty getting lowered or such.


Mining has lost its relevance. Mining is no longer an outlet for the card, the equipment for it has risen in price. To start mining, you need a very large starting capital. Moreover, there is no guarantee that the costs will pay off. Therefore, I think staking is much more profitable.


Title: Re: do you do mining or staking?
Post by: exobyte on January 26, 2021, 08:05:53 PM
I like coins that have both PoW and PoS. Full PoS coins are not my thing, I don't mind spending money to mine as I usually hold my coins. However, with PoS, I feel I am trading and am just paying a higher price for people who bought a few days before me.


Title: Re: do you do mining or staking?
Post by: doctor877 on January 26, 2021, 09:03:12 PM
Staking and farming seems to be what will take over the crypto space especially for people who wants to be for long term. But my concern is the drop in token price that can happen with market behavior in anytime which will somehow not even be equal to your capital even with your reward. So it's better to stick to a project and go long on it with any staking or farming plan that makes that realizable.


Title: Re: do you do mining or staking?
Post by: cryptonx on January 26, 2021, 10:28:06 PM
i do staking my friend
because we don't need to buy any particular tools, staking is simpler than mining and more profitable,
if we can choose the right coins to stake my friend


Title: Re: do you do mining or staking?
Post by: Shasha80 on January 26, 2021, 10:47:13 PM
In my opinion, if you want to make money mining and staking is not the right choice, because the profit offered by staking is very small.
And for mining software nowadays, there are many scams, so it is very risky for us to lose money. I suggest trading is much safer and profitable,
even from trading I can make 3% profit per day. That is a sizeable profit if accumulated for one month.


Title: Re: do you do mining or staking?
Post by: kram31 on January 26, 2021, 11:23:01 PM
Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk. All you have to do is stake (buy & hold) some coins in order to get added to the mining pool. As for profits, the actual profits you can make from staking will depend on how much you vest and for how long.
Staking is not that easy as you said, you need to make sure that the project you plan to stake is a top altcoin or risk losing your money before your staking cycle is over, I will only stake coins on top 10 coinmarketcap rank

Correct, Staking is profitable if you manage to pick the right project to invest your money.

There are selections of staking coins out there but you have to really sort things out, you need to find deeper information to avoid
losing your chances, as there's also possibilities that with the wrong timing you'll lose the value of your investment in a split seconds.
Don't just buy and stake do your deeper research.

Yeah, your right Sir. I don't know if you heard about the BFG or known as Betfury, where their bounty campaign had been done recently
only. But their staking program to their platform in the gambling was surely good and which I think a lot of community here in cryptocurrency
will try to invest in it and use for sure.


Title: Re: do you do mining or staking?
Post by: RealMalatesta on January 27, 2021, 11:10:25 AM
Stake. Miming costs time
Really? Stake is the one that costs time here, you aren't getting any reward every day until your staking period is over, if it's annual then you have to wait till after a year to get paid, but for mining things are different, you get paid every day and you can decide to withdraw every week or months too, mining gives full freedom and control

Yes you are right about staking taking time; but on the smart chain (pancakswap to be precise) you can join a staking pool anytime and as well harvest your stakes or unstake at basically anytime. In generally; it is safe to say that both mining and staking takes time to yield; the true question is how much are you mining per day ? how much doe your stake yield daily? this is what you should look into and let it guide your decision about staking or mining
Pancakeswap staking and proof of staking some coin like ETH are two different type of staking. This is why they are different but they are a bit similar. In proof of stake for eth type of situations you have money in your account which should give you some profit but it may take from days to even months if you have lowest amount, which is why it takes time whereas in pancakeswap type of things you create a pool and you get your share from it, so you do not have to wait and you make a huge return in those bsc investments with huge APY if you are lucky but they are also very risky if they blow up the contract and take everyone's money.

At the end of the day we are talking about something that takes time but at least we know that we put our money in and we take more money out, in mining things are a bit more riskier and even though they earn well, they also deserve it for managing all these transactions be secure.


Title: Re: do you do mining or staking?
Post by: kooboat on January 27, 2021, 11:11:31 AM
Staking  is a very easy  and convenient  way to earn  passively  with crypto. In my opinion, I see mining as very technical   compared to staking. There are alot of POS coins on  the market,  which can  easily be staked  for a good ROI on several  avenues  including  decentralized  platforms.


Title: Re: do you do mining or staking?
Post by: Kong Hey Pakboy on January 27, 2021, 01:42:19 PM
if only given these two options then I prefer to stake at a trusted exchange and of course the coin I choose must also have the potential because by staking we as users don't need capital to buy mining equipment and don't think about the electricity costs involved need when mining.
Indeed. I also prefer staking to mining because you don't need to spend expensive mining equipment such as high-end GPUs and pay for an electricity bill to earn a coin that you only need a few resources for you to able to participate in staking. Also, the amount of the coin you stake will increase depending on how long you will hold it in an exchange or wallet.


Title: Re: do you do mining or staking?
Post by: k@suy on January 27, 2021, 02:58:34 PM
I personally want staking, because I don't have a good device for mining, it will also consume time for me and electricity, I think if you only have one unit or device it is not economically friendly, the amount you will get from mining could be enough for your electric bill, well it depends actually because in here electricity is expensive, so I rather choose staking. It will not consume so much time, I will only choose weeks or several months depending on the current price and chart.


Title: Re: do you do mining or staking?
Post by: Mighty_crypt on January 27, 2021, 03:13:18 PM
Staking and mining have their advantages and disadvantages, you just have to find the one that you really like, I prefer mining over staking but I do both anyways, I've been a fan of Mining since 2017 and that was how I started my cryptocurrency journey


Title: Re: do you do mining or staking?
Post by: kevinzxz on January 31, 2021, 06:53:50 AM
there is many staking or mining coins.
staking coin like Tron or Vechain
or software mining coin like Pie or Pando

i do software mining with pie and pando both but
i have Tron and Vechain more than them.
but i stock them in exchange. because it is not easy to respond quickly.
and.. Pie or Pando, i just gathering through app or browser. i just keep it still.
but i don't know whether it can be big money or not.
Pando was listed on Bittrex but Pie is not yet.(i think Pie have no plan to register on exchange)

i just want to hear your investing strategy with staking or software mining,

I do both, because I think for now staking and mining is still give me profit (I can get passive income from both of them), so I'm still doing both and I'm staking on Proton Wallet and Trust Wallet, then for now I'm mining Ethereum, because I see the price of Ethereum has risen very high ($1300) and this is my reason to mining Ethereum again, because with the current price of Ethereum, then I think mining Ethereum is very profitable and I believe the price of Ethereum will increase higher than the current price, so it will give me a big profit from mining Ethereum at this time.


Title: Re: do you do mining or staking?
Post by: LogitechMouse on January 31, 2021, 07:38:50 AM
I just started staking weeks ago for passive income. I don't want to mine coins and can't afford too that is why I just choose staking.

Just recently, I made some adjustments in my crypto portfolio and I decided to pick one staking coin which is ADA. I know that there is a risk in staking but I'm ready for whatever situations might happen like what if the price of it goes down etc.

Both of them have pros and cons. Its just that staking is applicable to me while mining doesn't because of the high electricity fees here in our country :).


Title: Re: do you do mining or staking?
Post by: Alexmagn84 on January 31, 2021, 07:40:52 AM
They are making you appear as though mining it so you can appreciate it regardless of whether it appears to be that you are squandering your energy and your telephone's exhibition which reduces the life expectancy of it. Furthermore, in case you are marking on trades. I am certain after some time counterfeit mining will be disintegrated by the huge mining organizations today.


Title: Re: do you do mining or staking?
Post by: Pamadar on January 31, 2021, 08:43:09 AM
I prefer staking rather than mining. I do not have computer components that capable of dealing a huge power to mine cryptocurrency so I do staking for now. You can earn in staking without buying computer stuff. I just do staking in Binance and I will do staking if I have money to set in it. We don't have stable internet connection so definitely I will recommend to do staking. It will sure income if you set 15 days or 30 days depends on your prefer percentage will you stake.
As long as you do your research looking for good coins that really have a high potential.

Staking inside established and reputable exchange like binance give you a better chance of earning money, you just have to make sure to fix the right coin to stake, better than holding coin and wait for it to increase its value, staking gives you twice opportunities, if you are lucky enough the coin also pump high and gives best outcome.


Title: Re: do you do mining or staking?
Post by: Handsome Boy on January 31, 2021, 09:44:29 AM
Have you already heard of NEXT exchange and their standards? Excited by the uniqueness of the ecosystem guys are bringing, especially:

Individual blockchain wallets for each trader (private key exporting as a planned feature)

Main and trading account balances making use of hot and cold wallets.

On-exchange transactions recorded on the Blockchain

What are your favs? You saw their website https://next.exchange?
I only do staking, because mining requires a lot of capital (VGA, electricity, etc.), therefore I don't do mining (the capital that I have is not enough to do mining) and in my opinion, staking also provides a decent passive income, then the capital for staking also does not need a lot of capital and of course the way to do staking is very easy (not as complicated as when we do mining), because we only use the application for staking and just waiting to get passive income (no need to monitor it all the time), that's why I prefer staking rather than mining.


Title: Re: do you do mining or staking?
Post by: jerry0 on February 01, 2021, 03:03:03 AM
Best coins to stake right now where the price won't drop?


Title: Re: do you do mining or staking?
Post by: Winscosinally on February 01, 2021, 05:10:32 PM
The problem with staking coins is price dump, if you must stake for one reason or another make sure you use top altcoins only, I like lending on binance, I once lend out usdt for some profits and it was good, I have no fear of loss because usdt is a stable coin


Title: Re: do you do mining or staking?
Post by: New_order on February 01, 2021, 06:21:07 PM
there is many staking or mining coins.
staking coin like Tron or Vechain
or software mining coin like Pie or Pando

i do software mining with pie and pando both but
i have Tron and Vechain more than them.
but i stock them in exchange. because it is not easy to respond quickly.
and.. Pie or Pando, i just gathering through app or browser. i just keep it still.
but i don't know whether it can be big money or not.
Pando was listed on Bittrex but Pie is not yet.(i think Pie have no plan to register on exchange)

i just want to hear your investing strategy with staking or software mining,
You are planning to make profits out of these coins isn't it? Either staking or mining you gotta make money out of them, it's good you engage in both, there is not much difference between the two, I do like mining not because of anything else but fun, staking is cool too if you go for the best coins, Tron is good and reliable


Title: Re: do you do mining or staking?
Post by: Anonylz on February 01, 2021, 06:40:07 PM
https://www.stakingrewards.com/
Staking has one serious drawback - it's unlock time.
The time of unlocking is different for each coin - from several weeks to several months. And during this time, the price of the coin can drop dramatically.
In a growing market, I think there are more opportunities to earn money without staking.



The unlock period is a serious drawback and I just came to realise that very recently, am staking dia on binance with unlock period of 45 days (the one I choose) quite frankly the reward is not worth the long period my assets will be locked and since I can't unlock I have to watch helplessly as dia price rise up and down, an opportunity for quick flip and accumulate,

I just thought to give it a try but won't wast my time on staking for now especially with not so attractive reward,  I will test some of their other offers to see which will be more profitable.


Title: Re: do you do mining or staking?
Post by: Rehan Zakir on February 01, 2021, 07:24:06 PM
These are both new techniques of earning.
Staking is a process of holding cryptocurrency coins. We provides liquidity to the network of coin. That's how we get them from staking in the form of coins.
Staking is more profitable than mining because staking takes less money and more profit.


Title: Re: do you do mining or staking?
Post by: Kang TB on February 01, 2021, 07:54:19 PM
These are both new techniques of earning.
Staking is a process of holding cryptocurrency coins. We provides liquidity to the network of coin. That's how we get them from staking in the form of coins.
Staking is more profitable than mining because staking takes less money and more profit.

comparing staking and mining is not a good idea, because few people will like to mine a coins, but the other ones will love to stake their coins
but, for me to get income from this crypto world, i choose trading


Title: Re: do you do mining or staking?
Post by: S4VV4S on February 02, 2021, 12:40:47 PM
Something that is done with high consistency will definitely get high profits too, a trader will bet and hold the coins that are held for a long time even, it happens when a certain rally will occur then that is what all existing coins must roll over, in search of profit In trading, we certainly have to keep everything that is maintained so that our shitcoin or coin does not die, that's the reason at a glance


Title: Re: do you do mining or staking?
Post by: TribalBob on February 02, 2021, 02:33:01 PM
I don't mine and neither do I staking, I prefer to trade because the turnover of capital must always run whether it's only 10% profit but it can take 1-5 days to cover the cost of living if mining I need a long time to get max results and staking can be possible  I lose my assets if I take a wrong step


Title: Re: do you do mining or staking?
Post by: mdzahed134 on February 02, 2021, 05:54:12 PM
First time ever i did staking 3000 AME in Bithumb Global staking season 4 with 300% annual returns, i stacked for 60 days period. Actually when i seen my token price was too much lower from my expected price. I know a few potential projects giving good profit as like as BNB coin is my favorite, it’s really very strong project in the market. 


Title: Re: do you do mining or staking?
Post by: joseyphil82 on February 02, 2021, 05:58:42 PM
I do staking with top altcoins only and I advice you do the same too because we can't tell how long a project will live for, I can see new altcoins using POS algorithm to attract investors, most of them lose value after several months, they are unreliable


Title: Re: do you do mining or staking?
Post by: Bitbtc8 on February 02, 2021, 06:08:31 PM
First time ever i did staking 3000 AME in Bithumb Global staking season 4 with 300% annual returns, i stacked for 60 days period. Actually when i seen my token price was too much lower from my expected price. I know a few potential projects giving good profit as like as BNB coin is my favorite, it’s really very strong project in the market. 
I hope you make the right decision here mate, amepay have lose its value and dump since many days now and this staking thing is annual ROI, what makes you think that the value will still remain the same? It's why top altcoins are only reliable for staking


Title: Re: do you do mining or staking?
Post by: Kvalentine on February 02, 2021, 06:26:50 PM
Mining ;D, it gives me rest of mind even if I have to mine for just few hours everyday, I can also resell graphic cards to gamers if I want to upgrade to other gpu or stop mining, staking is more dangerous because you can't tell, they lose value in time


Title: Re: do you do mining or staking?
Post by: Traderbtcc on February 02, 2021, 08:32:10 PM
Mining coin is kinda old now, lately staking is the new kid around the block everybody want to be friends with, staking is much better than mining cause it doesn't require any fast computer processor (which cost alot of money to buy) or does it require any electricity to keep the machine running for several hours, also no environmental hazard like d heat emitted from the mining machine,all you have to do is to just stake your crypto and it will stake giving you more in return.


Title: Re: do you do mining or staking?
Post by: Balladtony77 on February 02, 2021, 08:37:27 PM
Staking takes too long to unlock, this is the only let down from POS coins, you can mine and earn some dollars instantly without waiting around, you are in total control of what you want to earn every 24hours per day, you can add more equipment to upgrade, I prefer mining over staking


Title: Re: do you do mining or staking?
Post by: krisnajsadrak on February 02, 2021, 08:43:37 PM
Staking takes too long to unlock, this is the only let down from POS coins, you can mine and earn some dollars instantly without waiting around, you are in total control of what you want to earn every 24hours per day, you can add more equipment to upgrade, I prefer mining over staking

yes, but if we do mining, we need to buy a mining equipment too my friend
and for some coins, the ROI is not good enough, so, i prefer staking rather than mining


Title: Re: do you do mining or staking?
Post by: kindbtc on February 02, 2021, 08:47:40 PM
there is many staking or mining coins.
staking coin like Tron or Vechain
or software mining coin like Pie or Pando

i do software mining with pie and pando both but
i have Tron and Vechain more than them.
but i stock them in exchange. because it is not easy to respond quickly.
and.. Pie or Pando, i just gathering through app or browser. i just keep it still.
but i don't know whether it can be big money or not.
Pando was listed on Bittrex but Pie is not yet.(i think Pie have no plan to register on exchange)

i just want to hear your investing strategy with staking or software mining,
Staking is a win win because you are performing the same validation job without the need of expensive and non-efficient equipment, no waste of energy and no carbon emissions like was case in mining. So Eth staking is the best thing for people looking for regular income from crypto market.


Title: Re: do you do mining or staking?
Post by: Cryptosaja on February 02, 2021, 10:28:31 PM
At the moment I don't do mining, because it has to buy some equipment and it costs money as well.
I prefer staking because here I do not have to do anything, I hit the need to wait for the time to get
ROI from the results of my staking. This sounds a lot of fun to me.


Title: Re: do you do mining or staking?
Post by: marilynmanson21 on February 03, 2021, 01:51:26 AM
Right now I am not doing any of the above. Once I tried mining, but I found it unprofitable for myself. As for staking, at one time I missed such an opportunity, while the people I know were stealing and farming coins, and made good money on it. In any case, if you want to make money in these ways, you need to study the information, this is the key to everything.
Mining is not profitable for small investors, because mining is only profitable when you have large capital.
so for those who have small capital it is better to choose staking, so you have nothing to lose even if you get a small prize, because you still hold the coin.


Title: Re: do you do mining or staking?
Post by: Dr.Osh on February 03, 2021, 06:00:48 AM
Personally, I would probably prefer staking over mining. that's because mining has quite a lot of things to think about. Besides that, I think staking is simpler and easier to control than mining. Moreover, currently mining requires equipment that is quite sophisticated and needs to be upgraded every time.


Title: Re: do you do mining or staking?
Post by: axeholm on February 03, 2021, 07:25:05 AM
Staking is what I prefer, and there's a little of amount of users who doesn't stake these days. Staking is convenient, and does not require big costs. But of course before you stake, make sure you do research about the coin you would like to stake in. The cryptocurrency market is volatile therefore staking does not mean without risk.


Title: Re: do you do mining or staking?
Post by: Squezzi55 on February 03, 2021, 07:33:27 AM
It would have been different if we can stake coins and stop staking at any time too but you have to wait for the staking period to be over before you will have access to your tokens or coins again, this is a big drawback for staking, mining have some disadvantages too but the freedom of doing what you like is present


Title: Re: do you do mining or staking?
Post by: mdzahed134 on February 03, 2021, 03:27:22 PM
First time ever i did staking 3000 AME in Bithumb Global staking season 4 with 300% annual returns, i stacked for 60 days period. Actually when i seen my token price was too much lower from my expected price. I know a few potential projects giving good profit as like as BNB coin is my favorite, it’s really very strong project in the market. 
I hope you make the right decision here mate, amepay have lose its value and dump since many days now and this staking thing is annual ROI, what makes you think that the value will still remain the same? It's why top altcoins are only reliable for staking
AME is new altcoin in the market and they launched staking program in several stages so that i didn’t miss this opportunity. Today they published an announcement about partnership with Ferrum Netowork. So i hope price will increase more than recent price in the listing of top 3 exchanges at end of the February.


Title: Re: do you do mining or staking?
Post by: Sendi blackspade team on February 03, 2021, 03:37:25 PM
I prefer staking instead of mining because the amount of expenditure required is small.
whereas mining requires a greater amount of expenditure even though the results may be more than mining.
currently there are so many projects that offer staking rather than mining it indicates that staking projects are more desirable.
Nowadays almost all exchanges also have a staking feature. but in the mining process always have their own devotees. those who already have the tools and sufficient capital are, of course, safer with mining. while staking sometimes there is disruption from the exchange or problems of the selected asset. but for now, I think staking is more popular than mining. I myself staked after buying TRX during the decline last year. as a gamble, I will see results in the middle of this year.


Title: Re: do you do mining or staking?
Post by: akirasendo17 on February 03, 2021, 04:09:09 PM
there is many staking or mining coins.
staking coin like Tron or Vechain
or software mining coin like Pie or Pando

i do software mining with pie and pando both but
i have Tron and Vechain more than them.
but i stock them in exchange. because it is not easy to respond quickly.
and.. Pie or Pando, i just gathering through app or browser. i just keep it still.
but i don't know whether it can be big money or not.
Pando was listed on Bittrex but Pie is not yet.(i think Pie have no plan to register on exchange)

I just want to hear your investing strategy with staking or software mining,
I do mining and staking, depends on what is profitable, actually, sometimes its just luck, when you start mining the coin is cheap but if you keep them, you will see that it's profitable since there are times that the certain coin price goes up, but its really a big gamble, risk are always included, and you need a little bit of luck when doing something like that in the crypto world, most people i know, have some of those coins and when they check now the price is now 15x higher than before.


Title: Re: do you do mining or staking?
Post by: SirLancelot on February 03, 2021, 04:43:03 PM
I do not think that we need to divide people into two, and we should not say one is better than the other because we all know that it is neither staking nor mining that is "better" it is all about how it is implemented. We could have a great mining system and we could have a horrible mining system, we could have a great staking system and we could have a horrible staking system. So, which one we do is a personal preference and it shouldn't really matter to anyone.

Ethereum turning into staking is creating a lot of chaos, and with this eip 1559 it is going to be a big start where miners will start losing a lot of money but there are millions of people paying way too much money for the current fee system right now so it is totally understandable that people would want to find a way to fix that if they can and I understand that.


Title: Re: do you do mining or staking?
Post by: ahoenk on February 04, 2021, 05:52:28 PM
In this bullish phase i did both, staking with my alt like XTZ, DOT,  and others, and i also still mined LTC and btc for fun, if you was a miner you will still love mining, another feel you get when you mined the block.


Title: Re: do you do mining or staking?
Post by: Greatchu on February 05, 2021, 06:16:39 PM
I use both at the moment i mine turtle and monero instead in stakes i have tron ​​and pnt, as liquidity i have provided to uniswap the pair usdt / dai
Good move pal, Monero is a good coin for long term hold and I'm surprised that turtle coin is still alive today, I mine the coin at a very young age, the mining difficulty was very low at the time, I just locked the private key away and never look back


Title: Re: do you do mining or staking?
Post by: Byakuga on February 05, 2021, 06:28:08 PM
It makes sense to consider both mining and staking, they both have advantages and disadvantages and that's left for you to figure out the one that you will be interested in, thanks to binance exchange for their staking plans cos I don't trust any other platform, staking is risky in two ways..

1. You aren't in control of your coins anymore
2. PoS coins can lose value before staking cycle ends