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Title: Mining profitability Post by: cryptolaxy on July 20, 2014, 07:22:59 AM Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC.
Please advice me. Thanks!! Title: Re: Mining profitability Post by: Equate on July 20, 2014, 08:23:41 AM If you want to buy mining hardware then buy from the manufacturers who have Asics in their hand like gridseed etc. Don't go for the preorders as there is no exact deadline for asic release and chances of ROI become slim as long as these companies delay shipping.
Title: Re: Mining profitability Post by: byt411 on July 20, 2014, 08:25:41 AM In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me.
Title: Re: Mining profitability Post by: cryptolaxy on July 20, 2014, 08:37:41 AM In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me. I could give you the money, if we can discuss how you'll make an investment. Title: Re: Mining profitability Post by: byt411 on July 20, 2014, 08:38:48 AM In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me. I could give you the money, if we can discuss how you'll make an investment. Depends on what you want to invest, and what returns you want. Also, period of time. Title: Re: Mining profitability Post by: Equate on July 20, 2014, 08:43:39 AM In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me. I could give you the money, if we can discuss how you'll make an investment. Do your research very well before investing in cryptocurrency. By looking at your post , it seems you have very less about investing in crypto. Don't get with hype , as many people end up losing their money who don't know what they are doing with it by investing in any pre-order or scam coin. Read more about the crypto investment before investing your money . And don't listen to anyone who sells you any altcoin or miner before you do your homework on the subject. Title: Re: Mining profitability Post by: cryptolaxy on July 20, 2014, 08:44:02 AM In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me. I could give you the money, if we can discuss how you'll make an investment. Depends on what you want to invest, and what returns you want. Also, period of time. Title: Re: Mining profitability Post by: cryptolaxy on July 20, 2014, 08:48:55 AM In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me. I could give you the money, if we can discuss how you'll make an investment. Do your research very well before investing in cryptocurrency. By looking at your post , it seems you have very less about investing in crypto. Don't get with hype , as many people end up losing their money who don't know what they are doing with it by investing in any pre-order or scam coin. Read more about the crypto investment before investing your money . And don't listen to anyone who sells you any altcoin or miner before you do your homework on the subject. Title: Re: Mining profitability Post by: byt411 on July 20, 2014, 08:50:15 AM In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me. I could give you the money, if we can discuss how you'll make an investment. Do your research very well before investing in cryptocurrency. By looking at your post , it seems you have very less about investing in crypto. Don't get with hype , as many people end up losing their money who don't know what they are doing with it by investing in any pre-order or scam coin. Read more about the crypto investment before investing your money . And don't listen to anyone who sells you any altcoin or miner before you do your homework on the subject. I'm just going to give him personal opinions and guide him through pros and cons. In my opinion, you shouldn't because you sound like you have no idea on this subject, and you probably shouldn't put money into something you don't understand. You might as well give it to me. I could give you the money, if we can discuss how you'll make an investment. Do your research very well before investing in cryptocurrency. By looking at your post , it seems you have very less about investing in crypto. Don't get with hype , as many people end up losing their money who don't know what they are doing with it by investing in any pre-order or scam coin. Read more about the crypto investment before investing your money . And don't listen to anyone who sells you any altcoin or miner before you do your homework on the subject. I invest in some altcoins that I believe will rise, and I do a bit of mining, if I am 100% sure I will profit. If not, no. Title: Re: Mining profitability Post by: TheDragonSlayer on July 20, 2014, 01:32:20 PM Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC. Please advice me. Thanks!! Not profitable at all, I believe it is worse then sha-256 asic right now.. Title: Re: Mining profitability Post by: cryptolaxy on July 20, 2014, 01:41:30 PM Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC. Please advice me. Thanks!! Not profitable at all, I believe it is worse then sha-256 asic right now.. Any ideas on any profitable scrypt cloud mining service? Title: Re: Mining profitability Post by: byt411 on July 20, 2014, 02:51:46 PM Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC. Please advice me. Thanks!! Not profitable at all, I believe it is worse then sha-256 asic right now.. Any ideas on any profitable scrypt cloud mining service? That depends on your electricity price. You can't just pick up something and say "this is profitable". Title: Re: Mining profitability Post by: cryptolaxy on July 20, 2014, 03:04:00 PM Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC. Please advice me. Thanks!! Not profitable at all, I believe it is worse then sha-256 asic right now.. Any ideas on any profitable scrypt cloud mining service? That depends on your electricity price. You can't just pick up something and say "this is profitable". Yea. That's why I'm here for guidance. Could you guide me or recommend any service? Title: Re: Mining profitability Post by: byt411 on July 20, 2014, 03:08:35 PM Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC. Please advice me. Thanks!! Not profitable at all, I believe it is worse then sha-256 asic right now.. Any ideas on any profitable scrypt cloud mining service? That depends on your electricity price. You can't just pick up something and say "this is profitable". Yea. That's why I'm here for guidance. Could you guide me or recommend any service? Well, what is your electricity price? I need that for calculations. Title: Re: Mining profitability Post by: cryptolaxy on July 20, 2014, 03:47:15 PM Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC. Please advice me. Thanks!! Not profitable at all, I believe it is worse then sha-256 asic right now.. Any ideas on any profitable scrypt cloud mining service? That depends on your electricity price. You can't just pick up something and say "this is profitable". Yea. That's why I'm here for guidance. Could you guide me or recommend any service? Well, what is your electricity price? I need that for calculations. I have free electricity. Title: Re: Mining profitability Post by: dspair on July 20, 2014, 04:10:25 PM Only ASIC manufacturers can make money from mining.
And buying altcoins is like playing a slot machine. Good luck. Title: Re: Mining profitability Post by: cryptolaxy on July 20, 2014, 04:14:14 PM Only ASIC manufacturers can make money from mining. What do you advice I do?And buying altcoins is like playing a slot machine. Good luck. Title: Re: Mining profitability Post by: dspair on July 20, 2014, 04:18:48 PM Nothing.
"The only winning move is not to play." Title: Re: Mining profitability Post by: cryptolaxy on July 20, 2014, 04:22:36 PM Title: Re: Mining profitability Post by: djm34 on July 20, 2014, 04:39:48 PM Hi, I wanted to know if mining alternate cryptocurrency is profitable. I intend to preorder some scrypt mining hardware from KNC. nope go away ;D ;) Please advice me. Thanks!! (actually the more people mine them, the less profitable they are... so your question is a tricky one... ;D) Title: Re: Mining profitability Post by: Amph on July 20, 2014, 04:46:57 PM instamining is profitable(but is random and require some luck, recent good examples which i missed or bad nodes, keycoin/conceal/pesa), regular mining isn't
Title: Re: Mining profitability Post by: cryptolaxy on July 20, 2014, 04:48:24 PM I want to thank you all for your contributions. I will pack up the idea of mining alt cryptocurrency.
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