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Title: Mining Altcoins Post by: jodidonnelly on May 06, 2025, 10:55:12 AM Is mining profitable for anything right now?
I know it used to be a thing a while ago but I guess its just way too competitive too make any worthwhile profit nowadays. Can anyone shed some light? Title: Re: Mining Altcoins Post by: FP91G on May 06, 2025, 07:03:21 PM Is mining profitable for anything right now? If you mine standard coins on video cards with mining calculators and sell at market price, then the payback period at 5 cents per kilowatt will be very long.I know it used to be a thing a while ago but I guess its just way too competitive too make any worthwhile profit nowadays. Can anyone shed some light? ASICs for Bitcoin now look attractive in terms of payback, but for such mining you need special conditions. There are also highly specialized areas with equipment rental, but here you already need to have good technical knowledge and contacts of tenants. Cloud mining, there is a lot of fraud there. Title: Re: Mining Altcoins Post by: miner29 on August 28, 2025, 01:28:01 PM I think merge mining might help if u can find a protocol that can be profitable. I like the idea of I came up with called Bitbill. It can be be designed to help miners stay in the game by covering the costs of miners. We got this the first the you posted this. Quit stepping into threads and adding your want to get your non-existent coin mined. Title: Re: Mining Altcoins Post by: chainganginc on August 28, 2025, 04:49:28 PM I think merge mining might help if u can find a protocol that can be profitable. I like the idea of I came up with called Bitbill. It can be be designed to help miners stay in the game by covering the costs of miners. We got this the first the you posted this. Quit stepping into threads and adding your want to get your non-existent coin mined. Im looking for miners that are interested in a merge mined protocol before launch. The protocol may exist but Im searching for a miner support foundation. I will keep searching many miners only want to get rich quick took Bitcoin some years to build. Easy come easy go Title: Re: Mining Altcoins Post by: chainganginc on August 28, 2025, 04:50:21 PM Is mining profitable for anything right now? I know it used to be a thing a while ago but I guess its just way too competitive too make any worthwhile profit nowadays. Can anyone shed some light? Have you tried merge mining that could help. Title: Re: Mining Altcoins Post by: FP91G on August 29, 2025, 03:30:10 PM I think merge mining might help if u can find a protocol that can be profitable. I like the idea of I came up with called Bitbill. It can be be designed to help miners stay in the game by covering the costs of miners. We got this the first the you posted this. Quit stepping into threads and adding your want to get your non-existent coin mined. Im looking for miners that are interested in a merge mined protocol before launch. The protocol may exist but Im searching for a miner support foundation. I will keep searching many miners only want to get rich quick took Bitcoin some years to build. Easy come easy go Ethereum mining ended after the merge. Why do you need to look for miners? You can mine your coin on your own several PCs? Title: Re: Mining Altcoins Post by: chainganginc on August 29, 2025, 08:46:58 PM I think merge mining might help if u can find a protocol that can be profitable. I like the idea of I came up with called Bitbill. It can be be designed to help miners stay in the game by covering the costs of miners. We got this the first the you posted this. Quit stepping into threads and adding your want to get your non-existent coin mined. Im looking for miners that are interested in a merge mined protocol before launch. The protocol may exist but Im searching for a miner support foundation. I will keep searching many miners only want to get rich quick took Bitcoin some years to build. Easy come easy go Ethereum mining ended after the merge. Why do you need to look for miners? You can mine your coin on your own several PCs? Merge mining is a blockchain technique where a single mining process generates proof-of-work for multiple cryptocurrencies, allowing miners to earn rewards from several chains simultaneously without additional hardware or electricity. https://www.bitdeer.com/learn/merge-mining-how-it-works-and-why-it-matters I don't have the space and hash power thats why. I know miners can take over a chain if your not careful. This protocol can reach 1% of Bitcoin price easily. Has to be set up properly and launched. I would buy some of the miners rewards. |