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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: adamgilbert912 on April 05, 2018, 10:08:03 PM



Title: Staking or Mining?
Post by: adamgilbert912 on April 05, 2018, 10:08:03 PM
Which do people prefer? Staking/Masternodes or mining?


I personally prefer setting up masternodes...

You COMPLETELY control the collateral and the ROI is often MUCH better than staking and mining.

However, they can be pretty difficult to set up. But I found this cool service that teaches you how to set one up OR they can simply set it up for you.

Here's a link to the thread >>> https://bitcointalk.org/index.php?topic=3213738


Title: Re: Staking or Mining?
Post by: deevan on April 05, 2018, 10:38:05 PM
Which do people prefer? Staking/Masternodes or mining?

Staking is more profitable & affordable, as in mining you have to buy expensive GPU or antminer, due to a high demand for GPU cards nowadays the price of GPU's are touching to the sky. Also, mining requires high electricity consumption & computational power to mine, and as a result, you have to pay high electricity bill & profit will be very less, so mining is not profitable as it was before. Staking your coins in a wallet or running a master is a good choice as you just need a laptop with an internet connection & just hold your coins in wallet & you will be getting 5~15% dividend annually depending on the type of POS based coin & amount of coins you are holding.


Title: Re: Staking or Mining?
Post by: Weawant on April 05, 2018, 10:41:02 PM
Which do people prefer? Staking/Masternodes or mining?

Staking is more profitable & affordable, as in mining you have to buy expensive GPU or antminer, due to a high demand for GPU cards nowadays the price of GPU's are touching to the sky. Also, mining requires high electricity consumption & computational power to mine, and as a result, you have to pay high electricity bill & profit will be very less, so mining is not profitable as it was before. Staking your coins in a wallet or running a master is a good choice as you just need a laptop with an internet connection & just hold your coins in wallet & you will be getting 5~15% dividend annually depending on the type of POS based coin & amount of coins you are holding.

Mining apparatus are now so expensive due to the difficulty risen up got by the crypto's but if you consider to risk with the latest GPU's and other things then maybe you will gain more money with that since you could stake the coins that you mine. But apparently not all people can afford to buy high end GPU's so rather I think many of them would prefer to choose the staking.


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 06, 2018, 01:39:41 AM
Which do people prefer? Staking/Masternodes or mining?

Staking is more profitable & affordable, as in mining you have to buy expensive GPU or antminer, due to a high demand for GPU cards nowadays the price of GPU's are touching to the sky. Also, mining requires high electricity consumption & computational power to mine, and as a result, you have to pay high electricity bill & profit will be very less, so mining is not profitable as it was before. Staking your coins in a wallet or running a master is a good choice as you just need a laptop with an internet connection & just hold your coins in wallet & you will be getting 5~15% dividend annually depending on the type of POS based coin & amount of coins you are holding.

Mining apparatus are now so expensive due to the difficulty risen up got by the crypto's but if you consider to risk with the latest GPU's and other things then maybe you will gain more money with that since you could stake the coins that you mine. But apparently not all people can afford to buy high end GPU's so rather I think many of them would prefer to choose the staking.

Agreed. Why do you think staking/masternodes aren't as popular as mining?


Title: Re: Staking or Mining?
Post by: Tipstar on April 06, 2018, 01:52:23 AM
Mining has became an industrial business, you require a huge amount of hardware and cheap source of electricity and dedicated workers to yield from mining while staking or masternode is someway still profitable for individuals and small groups of enthusiast and business.


Title: Re: Staking or Mining?
Post by: Yudhisthir on April 06, 2018, 02:13:10 AM
Mining consumes a lot of electricity and requires dedicated hardware. While staking and masternode can easily be achieved on a self hosted server or a paid server online with an initial investment on the coin.


Title: Re: Staking or Mining?
Post by: richfinch on April 06, 2018, 02:24:48 AM
Which do people prefer? Staking/Masternodes or mining?
I personally believe that Masternodes and Proof of Stake will be huge in the upcoming years. We noticed a trend and it seems that more and more cryptocurrencies decide to implement Masternodes & Proof of Stake.

*** Crypto Passive Income – Masternodes

Masternodes are nodes in the cryptocurrencies network that relay transactions and
sometimes also fulfill other specific functions.
Since Masternodes fulfill special functions for a cryptocurrency network but do cost
money and effort to operate, they are incentivized by gaining a share of the block
rewards in their respective cryptocurrency. The yield varies primarily according to the
masternode count and each coin might have different payout periods. A few coins
pay out daily; others pay out several times a day. This makes masternodes a form to
earn “passive income” on cryptocurrencies without having to run expensive mining
equipment. To create a masternode, a user needs to lock in a specific amount of
coin. Users can then either setup a server to host the masternode or ask a service
provider to do so on their behalf.

 - Conclusion
I personally think masternodes are a great way to hold your coins and earn some juicy
rewards. You need some technical knowledge to setup a masternode server, but
once you’ve done that it’s generating passive income and you only need to check
every once in a while if the coins come in.

*** Crypto Passive Income – Staking

Staking, also called Proof of Stake is a way to earn passive income by locking your
coins in a wallet for a certain fixed period of time. For doing that, you will be paid
additional coins as a reward. Mostly you need to keep the wallet open & your
computer running while you are staking your coins to gain reward. However, there
are some coins like NEO for example, where you can just leave them in your wallet
and close the wallet and it still generates reward.

 - Conclusion
I love staking and think it’s one of the easiest ways to earn passive income in crypto
without a lot of technical knowledge. NEO & some other coins are great because you
don’t even need to have the wallet open and you still generate some good rewards
for just holding your coins.

*** Final Words

Masternodes & Staking are definitely a great way to earn some juicy passive income from cryptocurrencies. I am trying to get as many Masternodes as possible to setup a whole farm and earn a nice side income. With the rising price of cryptocurrencies, we will also receive a better ROI with time.

Thanks for reading & have a nice Day!  :) :) :)


Title: Re: Staking or Mining?
Post by: meyklove on April 06, 2018, 02:25:22 AM
Which do people prefer? Staking/Masternodes or mining?

I prefer staking because mining is so expensive in making a profitable mining rig and it will take years before you can recover your capital.


Title: Re: Staking or Mining?
Post by: Suslived on April 06, 2018, 02:28:44 AM
I disagree with everyone citing that staking is better. Its easier, but not more profitable would probably be the better description.

Remember that in this world nothing is for free. You will earn more coin if you mine. Staking gives low profit probably because it is so easy to do. With mining you will need some hardware and configuration before you start earning at all. And rightfully so. Anything that promises easy money without the need to do anything is most likely a scam.


Title: Re: Staking or Mining?
Post by: CAPT.DEADPOOL on April 06, 2018, 02:28:50 AM
if I ask mining what I choose because it's good to be mining if the altcoin value is very hard to invite to staking especially if they are lazy and they do not want to work it so it's better to minimize than staking so you do not blame when you're deceived get your money and run the money or money you invest


Title: Re: Staking or Mining?
Post by: Afnan_faizah on April 06, 2018, 02:29:29 AM
Which do people prefer? Staking/Masternodes or mining?
Both are profitable Investment but for me masternode is better because it doesn't need much electricity but we need to choose coin that really good such as XCPO. but I also plan to do mining bitcoin. I want to have any experience that related to bitcoin and blockchain.


Title: Re: Staking or Mining?
Post by: Agozyen on April 06, 2018, 02:30:41 AM
Which do people prefer? Staking/Masternodes or mining?

Staking has a low cost of entry.  You can buy some coins and start to stake them and bam.  More coins.  With staking, the amount of coins you generate goes up over time due to compound interest.  With mining the amount of coins you get goes down due to difficulty increase.  Mining also forces you to upgrade your hardware if you want to stay competitive.

There are pros and cons on both sides and you have to weigh your options, but for me, staking and masternodes are the way to go.

Favorite staking coins right now:

Castle Airdrop Project (CSTL) 100% Interest/year!
Platinum Bar (XPTX) 230% Interest per year!
Monkey Project (MONK) Rate varies.



Title: Re: Staking or Mining?
Post by: feny.blackpink on April 06, 2018, 03:14:58 AM
Which do people prefer? Staking/Masternodes or mining?

staking nowadays more promising than mining. PoW consumes much source than PoS.
as you can see now, many PoS coins have a decent value in the market.


Title: Re: Staking or Mining?
Post by: chutchmcgillicutty on April 06, 2018, 03:17:50 AM
Mining consumes a lot of electricity and requires dedicated hardware. While staking and masternode can easily be achieved on a self hosted server or a paid server online with an initial investment on the coin.

Yeah, I think all cryptos will switch over to staking eventually. You can compare the current state of the crypto-world to the industrial age and when staking comes around, it will be like the current state of manufacturing - solar, renewable, efficiencieny, etc...


Title: Re: Staking or Mining?
Post by: cryptosifu on April 06, 2018, 03:39:49 AM
Not all cryptocurrencies can stake as well as mine.  It will depend on your hashrate or how many coins you own in order to receive a decent about from staking or mining.  I prefer to buy, hodl and trade.  It's the quickest route to getting coins.


Title: Re: Staking or Mining?
Post by: pranazzs on April 06, 2018, 03:50:25 AM
If you have a capital of at least $ 10,000 you can choose Mining, but if I have more capital than that, I will choose both. staking and mining. because we will not know the price of the coin.


Title: Re: Staking or Mining?
Post by: Wallflower28 on April 06, 2018, 03:56:55 AM
Which do people prefer? Staking/Masternodes or mining?

Staking is more profitable & affordable, as in mining you have to buy expensive GPU or antminer, due to a high demand for GPU cards nowadays the price of GPU's are touching to the sky. Also, mining requires high electricity consumption & computational power to mine, and as a result, you have to pay high electricity bill & profit will be very less, so mining is not profitable as it was before. Staking your coins in a wallet or running a master is a good choice as you just need a laptop with an internet connection & just hold your coins in wallet & you will be getting 5~15% dividend annually depending on the type of POS based coin & amount of coins you are holding.
Aside from high costs and electric consumption. Mining is more complicated than staking. Mining needs a lot of knowledge in setting up the mining apparatus. Staking needs only to hold your coins. But there are only coins that be a staking. There is a possibility that you can earn a lot in staking because mining was already the source of income by many people. There are lots of miners right now and the competition is very tight.


Title: Re: Staking or Mining?
Post by: ismelda_ita on April 06, 2018, 03:57:17 AM
I think many people prefer to mine. however, to do mining requires enormous capital, there will even be many unexpected expenses such as miner machinery damage etc. so in order not to require a large cost, many people choose by way of staking


Title: Re: Staking or Mining?
Post by: bubidan.id on April 06, 2018, 04:06:22 AM
Yes.. I just confusing too about staking or mining, mining is more difficult for me cause I will need a hardware.
Staking I just affraid if on the project will scam. so can you guys give me some advice?


Title: Re: Staking or Mining?
Post by: bavian on April 06, 2018, 04:13:04 AM
In my personal ideal, staking will cost you money to buy those coins and that could be risky if the market is falling down. But with mining, you can actually sell all the hardwares if the market is fallen and the price of hardwares only affects a little bit not like holding coins when you're doing the "Stacking" method.


Title: Re: Staking or Mining?
Post by: abnoy on April 06, 2018, 04:15:34 AM
i prefer staking because all you need to do is posting other than mining and you need a good spec of computer and video card means you need capital to go mining


Title: Re: Staking or Mining?
Post by: Dmcuibap on April 06, 2018, 04:19:48 AM
Mining is POW(Proof of work) which can up by using better GPU and ASIC for mining, Staking is POS(Proof of Stakes) which can up by hold more coin and become master node. Both mining currently work on almost blockchain nowaday but in the future POS dont consum energy because you can participate in mining by your laptop, very simple way. Choose what you and communities want


Title: Re: Staking or Mining?
Post by: Psynthax on April 06, 2018, 04:32:28 AM
In my personal ideal, staking will cost you money to buy those coins and that could be risky if the market is falling down. But with mining, you can actually sell all the hardwares if the market is fallen and the price of hardwares only affects a little bit not like holding coins when you're doing the "Stacking" method.
But that depends on how much power you can produce through your mining rigs, it may better if do any calculation through cryptocompare calculator to get how profit for your mining activities.
it looks like a new miners are needed so many mining rigs to get decent power to produce the profit anytime.


Title: Re: Staking or Mining?
Post by: mmo4me.2016 on April 06, 2018, 05:18:20 AM
Which do people prefer? Staking/Masternodes or mining?
Depending on your configuration, you will be able to select Staking / Masternodes or mining accordingly. Masternodes need to invest in assets and the value may be zero at any time! mine I think will be more effective


Title: Re: Staking or Mining?
Post by: Piggy on April 06, 2018, 05:28:46 AM
There is also to consider that with staking you are going to need a lot of coins to stake to be competitive, so you are going to need a substantial investment in the begin as well.


Title: Re: Staking or Mining?
Post by: Cryptoipad on April 06, 2018, 05:35:20 AM
The mining process of involved to altcoin staking business.Mining is the term used for finding poof of work hashing blacks. staking is the term used for Proof of Stake temporarily unspendable coins, reserved on the network blocks.A new block is mined or staked approximately every the seconds.Both are a means of consensus, and both reward the successful miner or staker are coins.Mining requires doing work using electricity to power machines that perform to the produce blocks and earn coins. Staking generally requires those that are staking to lock up their coins for some period of time can't spend the coins for a staker to have a chance of being selected to produce a block and collect the block reward on mining process.


Title: Re: Staking or Mining?
Post by: Ciucas on April 06, 2018, 07:02:03 AM
I prefer staking because in my opinion mining is very bad for the enviornment- it wastes so much energy power.
However, staking is more risky- because you need to buy coins which might decrease in price, especially in bear markets.


Title: Re: Staking or Mining?
Post by: Sam$oN on April 06, 2018, 07:19:04 AM
At the moment, it is better to invest or participate in the bounty. The market of video cards is not only expensive but also overloaded. The main supplier of NVidia does not have time to produce graphics cards even at such an expensive cost. And recently read that they made some kind of a agreement and half of the pipelines will move the production of other equipment. Therefore, even if miners liberate the market, prices will still be high. The result is one, mining is not profitable against the background of the fact that the complexity will increase.


Title: Re: Staking or Mining?
Post by: Yakapo on April 06, 2018, 07:26:50 AM

Id settle for staking, the coins are currently cheaply available and very affordable, acquiring them is much easier. Mining can be costly especially when the cost of electricity is high


Title: Re: Staking or Mining?
Post by: wndrbr3d on April 06, 2018, 07:29:57 AM
It really depends on whan you like more. To begin staking it will be enough for you just to buy needed amount of cryptocurrency, but for mining you need to have miners/place for it and also pay for electricity.


Title: Re: Staking or Mining?
Post by: coinman45 on April 06, 2018, 07:32:40 AM
It is simple. Go for staking if you don't have enough cash for investment. Because as we know, mining needs a big amount of cash to start with. Also, with the current price of the coins right now (mining is dead for now)? I'd choose staking than mining.


Title: Re: Staking or Mining?
Post by: Marma Kalari on April 06, 2018, 07:35:54 AM
Which do people prefer? Staking/Masternodes or mining?
I am not going to spend my money on mining equipment as i could use that money for something useful or even purchase the coin you are going to mine, staking is the best option, but i have not seen any good coins that are highly profitable but i am staking a couple of coins, if anyone here knows any good staking coins i would like to know.


Title: Re: Staking or Mining?
Post by: always1337 on April 06, 2018, 07:37:33 AM
It is simple. Go for staking if you don't have enough cash for investment. Because as we know, mining needs a big amount of cash to start with. Also, with the current price of the coins right now (mining is dead for now)? I'd choose staking than mining.
Yes of course staking is more simple then mining but just remember , easy thing will be dangerous and less profits then hard stuffs. Mining isn't dead at all, right now miners are gathering the cheapest hardwares and wait for the next pump to plug in all their ants again.


Title: Re: Staking or Mining?
Post by: fvb on April 06, 2018, 07:52:12 AM
mining is a normal thing, my friend is seriously engaged in this process. accordingly, he invested a good amount in the booty, and constantly improves his farm. investment in coins is also very interesting topic and it is necessary to make a lot of efforts for this. the choice is yours


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 06, 2018, 04:16:23 PM
Yes.. I just confusing too about staking or mining, mining is more difficult for me cause I will need a hardware.
Staking I just affraid if on the project will scam. so can you guys give me some advice?

That's a good point, you think there's more risk associated with staking rather than mining?


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 06, 2018, 04:19:32 PM
mining is a normal thing, my friend is seriously engaged in this process. accordingly, he invested a good amount in the booty, and constantly improves his farm. investment in coins is also very interesting topic and it is necessary to make a lot of efforts for this. the choice is yours

But what would be your choice?


Title: Re: Staking or Mining?
Post by: taiwww on April 06, 2018, 04:21:43 PM
Which do people prefer? Staking/Masternodes or mining?

Staking is more profitable & affordable, as in mining you have to buy expensive GPU or antminer, due to a high demand for GPU cards nowadays the price of GPU's are touching to the sky. Also, mining requires high electricity consumption & computational power to mine, and as a result, you have to pay high electricity bill & profit will be very less, so mining is not profitable as it was before. Staking your coins in a wallet or running a master is a good choice as you just need a laptop with an internet connection & just hold your coins in wallet & you will be getting 5~15% dividend annually depending on the type of POS based coin & amount of coins you are holding.

Mining apparatus are now so expensive due to the difficulty risen up got by the crypto's but if you consider to risk with the latest GPU's and other things then maybe you will gain more money with that since you could stake the coins that you mine. But apparently not all people can afford to buy high end GPU's so rather I think many of them would prefer to choose the staking.

Wow I am actually getting feel for the POS based coins after getting down with the mining of the alts. I fired up my ETH based mining in mid year of 2017 but soon after the prices dropped the income was so much less that it could not even bear the cost of electricity. That was really really depressing to me and I could not do anything but sold out my GPU based mining rig. I tried to do all I can by outsourcing the electricity with direct short wiring (Do not try on your own, I used expert help and its not legal) but it did not work for long as ETH prices dropped even further and not able to generate the ROI. I will learn more about the POS this time and will try to hold my coins in the wallet. It seems far easier and safer to me than the mining.


Title: Re: Staking or Mining?
Post by: FaucetKING on April 06, 2018, 04:22:26 PM
I dont like mining because it needs alot of materials in order to dig and mine coins. But, staking is easy, it can run on a pi/vps and it doesnt cost a lot of money to install and start collecting profits but its not that big deal if the network size gets bigger and bigger..
i must pick up day trading and never choose mining or staking.


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 06, 2018, 04:23:01 PM
I prefer staking because in my opinion mining is very bad for the enviornment- it wastes so much energy power.
However, staking is more risky- because you need to buy coins which might decrease in price, especially in bear markets.

But wouldn't mining be just as risky because the value of your coins could drop and then you may not make back your investment, right?


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 06, 2018, 04:25:08 PM
I dont like mining because it needs alot of materials in order to dig and mine coins. But, staking is easy, it can run on a pi/vps and it doesnt cost a lot of money to install and start collecting profits but its not that big deal if the network size gets bigger and bigger..
i must pick up day trading and never choose mining or staking.

You don't think day trading is more risky than staking or mining?


Title: Re: Staking or Mining?
Post by: Meraki on April 06, 2018, 04:29:19 PM
Which do people prefer? Staking/Masternodes or mining?

I do prefer staking than mining because in mining you to invest alot of money to buy many powerful GPU which is currently expensive due to demand. Staking investment is much profitable because you'll get to choose in what range of price you will buy a specific coin, unlike mining it will take some time to  earn your capital. So Staking all the way.


Title: Re: Staking or Mining?
Post by: Coffee135 on April 06, 2018, 04:30:25 PM
The last time mining becomes more of a monopoly business. I do not know whether the founders of the coins will apply protection from asics so mining GPU may disappear. Buying expensive equipment now is very risky. I think that the best option for an easy start is trading.


Title: Re: Staking or Mining?
Post by: Rexpax on April 06, 2018, 04:34:49 PM
Mining requires a lot of electricity consumption and computational power to mine the coins. GPU or ASICs are quite expensive. When buying ASICs you are always at a rist that the hash algorithm or difficulty will change and you can throw the equipment in garbabe. GPU's are less risky but you need to take constant care of your rigs. I would prefer staking. Looking forward to Tezos mainnet release.


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 06, 2018, 04:38:33 PM
Yes.. I just confusing too about staking or mining, mining is more difficult for me cause I will need a hardware.
Staking I just affraid if on the project will scam. so can you guys give me some advice?

I personally think that staking is a much better option if you choose a good coin with a good team behind it. You have complete control of the collateral of coins you have to buy whereas with mining, you have to make an initial investment into hardware which can be very expensive. In addition, you don't have pay for the crazy electric bills that come along with mining. And lastly, if you run a masternode, you can get a much higher ROI.


Title: Re: Staking or Mining?
Post by: waton gayeng on April 06, 2018, 04:51:47 PM
Both mining are currently working in almost blockchain now but in the future POS does not consume energy because you can participate in mining. a very simply way. choose what you and the public want.


Title: Re: Staking or Mining?
Post by: Ararbermas on April 06, 2018, 04:53:31 PM
Most people now here in crypro world is staking 'cause doing mining and etc is not easy and need large capital to provide good hardware for it that's why most people now is participating in different projects to gain stake . Which is just efforts and  without working hard they can gain profits from it.  


Title: Re: Staking or Mining?
Post by: yugyug on April 06, 2018, 04:56:58 PM
Mining requires a lot of hardware setup, high electricity cost and high hardware maintenance. In order to race the mining difficulty and profitability, you need to upgrade the hardware from time to time. Unlike staking it requires less hardware setup and less electricity cost even a low-end cpu or laptop can do the staking. Besides mining is not an environment-friendly as it generates more heat and loud noise and may sound unpleasant to neighbors if mining is within residential areas.


Title: Re: Staking or Mining?
Post by: IsuruMaduranga on April 06, 2018, 05:02:56 PM
Staking. Mining requires extensive processing power and takes huge power.
According to latest data
Bitcoin consumes 0.27% of world's electricity consumption which is roughly equal to 60 TWh. Cost is roughly $3,000,000,000. So much waste.
Bitcoin is not the only block chain which use POW. So the total power consumed by the blockchains is way more higher than that.
So it is time to move to POS (staking)


Title: Re: Staking or Mining?
Post by: jozymens7 on April 06, 2018, 06:09:20 PM
Which do people prefer? Staking/Masternodes or mining?


I personally prefer setting up masternodes...

You COMPLETELY control the collateral and the ROI is often MUCH better than staking and mining.

However, they can be pretty difficult to set up. But I found this cool service that guides you through the entire process for only $50 and can get your masternode set up in only a couple hours...

Here's a link to the thread >>> https://bitcointalk.org/index.php?topic=3213738
Considering the start up fees, I will go in for staking/masternode because the necessary things needed to set up the mining process alone can set up 4 to 10 masternodes at a time with high profit with what I have seen. Moreover, mining consumes more energy than staking so I will go in for masternode over mining


Title: Re: Staking or Mining?
Post by: afridi90 on April 06, 2018, 07:32:03 PM
mining is the best way to earn either masterdone you can solve gpu problems and its easy to use but masternode setup is very dificult so in this regards mining with gpu is best


Title: Re: Staking or Mining?
Post by: usd.dev on April 06, 2018, 08:20:55 PM
In general, I do not know how to compare these two terms. This is generally a different technology. I believe that the best thing is the combination of these two technologies. It gives the maximum number of positive moments. Big coin keepers - do not run, mining coins - ensure the stability of the network.


Title: Re: Staking or Mining?
Post by: dlastdon on April 06, 2018, 09:55:15 PM
thank you for culling up of this information! am going to follow it up to set up my master node, for staking and lending programs I don't want to go that path again! I have lost some real money in some Ponzi and MLM staking/lending program, like bitconnect (BCC),  davorcoin etc. my advice on staking is not an investment and is sustainable please stay away!


Title: Re: Staking or Mining?
Post by: mayu13 on April 06, 2018, 10:51:33 PM
I prefer staking than mining because i don't have any means to do mining. I'm still lacking needed hardwares to do it. I only have my mobile phone so staking is much more effective for me. I can do bounties conveniently anywhere i go and anytime i have spare hours from my formal job.


Title: Re: Staking or Mining?
Post by: hiddenmist on April 07, 2018, 04:21:18 AM
Which do people prefer? Staking/Masternodes or mining?


I personally prefer setting up masternodes...

You COMPLETELY control the collateral and the ROI is often MUCH better than staking and mining.

However, they can be pretty difficult to set up. But I found this cool service that guides you through the entire process for only $50 and can get your masternode set up in only a couple hours...

Here's a link to the thread >>> https://bitcointalk.org/index.php?topic=3213738
I think staking is the best of all because it doesn't need a huge amount or required coins to stake while master nodes needs a lot of money to be able to join. Hardware mining is also need a lot of money to assemble a rig and needs a technical knowledge.


Title: Re: Staking or Mining?
Post by: chicken Campus on April 07, 2018, 04:28:55 AM
From my point of view, Mining has become an industrial business, and you also need a large amount of cheap hardware and power sources. And it is dedicated to generating from mining while stalking or master node however still profitable for individuals and small groups of enthusiasts and businesses.


Title: Re: Staking or Mining?
Post by: daxiake on April 07, 2018, 04:44:06 AM
Which do people prefer? Staking/Masternodes or mining?


I personally prefer setting up masternodes...

You COMPLETELY control the collateral and the ROI is often MUCH better than staking and mining.

However, they can be pretty difficult to set up. But I found this cool service that guides you through the entire process for only $50 and can get your masternode set up in only a couple hours...

Here's a link to the thread >>> https://bitcointalk.org/index.php?topic=3213738


Mining nowadays is not possible on ordinary CPUs rather you need expensive ASIC hardware like antminers to mine BTC and other cryptos profitably. Mining hardware also eats too much electricity, that's why mining compared to staking take time to give you profit. Staking your coins in a special wallet is just a one-time investment compared to continuous spending on mining hardware.


Title: Re: Staking or Mining?
Post by: r.bhalla07 on April 07, 2018, 04:49:07 AM
In both of them we compare then I choose only mining we it take time but if it works we become rich as we think.


Title: Re: Staking or Mining?
Post by: Anita1873 on April 07, 2018, 04:54:16 AM
Staking requires only a personal computer,staking wallet and coins but mining require huge investments with good mining hardware and also it consume huge electricity power. Staking give you profit with low investment but mining is not possible with low investment.


Title: Re: Staking or Mining?
Post by: Crypto-capitalist on April 07, 2018, 05:14:46 AM
Mining has became an industrial business, you require a huge amount of hardware and cheap source of electricity and dedicated workers to yield from mining while staking or masternode is someway still profitable for individuals and small groups of enthusiast and business.
But what you think about cloud mining?
When I can buy some part of huge farm and earn money.


Title: Re: Staking or Mining?
Post by: Winner on April 07, 2018, 05:34:06 AM
The last time mining becomes more of a monopoly business. I do not know whether the founders of the coins will apply protection from asics so mining GPU may disappear. Buying expensive equipment now is very risky. I think that the best option for an easy start is trading.
Mining is for the people that already have money. If they have a strong mining rig then it would be a different story.


Title: Re: Staking or Mining?
Post by: atom2080 on April 07, 2018, 05:38:09 AM
I myself prefer staking but I have never done any mining so I cant really answer your question. Since I have nothing to go against I will simply say I like staking although I cant say for certain that it is better or worse than mining.


Title: Re: Staking or Mining?
Post by: Princessjilian on April 07, 2018, 07:58:23 AM
For me, if you have the knowledge on how it works and also the capital mining is the better than staking. But for like me who did not have the capital, staking is best because it doesnot require money investment only youre time, effort and knowledge.


Title: Re: Staking or Mining?
Post by: hakertajniak on April 07, 2018, 08:36:12 AM
Staking and mining are okay for me. i have some of PoW coins and PoS coins in my wallet.
as long as they bring profit for me, i can keep holding them.


Title: Re: Staking or Mining?
Post by: Llyrmyst on April 07, 2018, 12:23:29 PM
Fornme it will be saking because it is easy amd affordable. Wi just need a computer to access everthing in staking. Staking doesnt require a lot of money for investing.


Title: Re: Staking or Mining?
Post by: aardvark15 on April 07, 2018, 12:31:02 PM
Which do people prefer? Staking/Masternodes or mining?

Staking is more profitable & affordable, as in mining you have to buy expensive GPU or antminer, due to a high demand for GPU cards nowadays the price of GPU's are touching to the sky. Also, mining requires high electricity consumption & computational power to mine, and as a result, you have to pay high electricity bill & profit will be very less, so mining is not profitable as it was before. Staking your coins in a wallet or running a master is a good choice as you just need a laptop with an internet connection & just hold your coins in wallet & you will be getting 5~15% dividend annually depending on the type of POS based coin & amount of coins you are holding.

Mining apparatus are now so expensive due to the difficulty risen up got by the crypto's but if you consider to risk with the latest GPU's and other things then maybe you will gain more money with that since you could stake the coins that you mine. But apparently not all people can afford to buy high end GPU's so rather I think many of them would prefer to choose the staking.

I think the main problem with masternodes is that most coins/tokens require a large number of coins in order to run one. Does anyone know of some good coins that don’t require very many?

Another limitation is that my understanding is that a masternode has to be constantly running so you need that laptop running all the time. It would be interesting to see a list of coins that can be staked and the ones that use masternodes.


Title: Re: Staking or Mining?
Post by: 1000 years on April 07, 2018, 12:37:40 PM
Which do people prefer? Staking/Masternodes or mining?

Staking is more profitable & affordable, as in mining you have to buy expensive GPU or antminer, due to a high demand for GPU cards nowadays the price of GPU's are touching to the sky. Also, mining requires high electricity consumption & computational power to mine, and as a result, you have to pay high electricity bill & profit will be very less, so mining is not profitable as it was before. Staking your coins in a wallet or running a master is a good choice as you just need a laptop with an internet connection & just hold your coins in wallet & you will be getting 5~15% dividend annually depending on the type of POS based coin & amount of coins you are holding.

Mining apparatus are now so expensive due to the difficulty risen up got by the crypto's but if you consider to risk with the latest GPU's and other things then maybe you will gain more money with that since you could stake the coins that you mine. But apparently not all people can afford to buy high end GPU's so rather I think many of them would prefer to choose the staking.

Agreed. Why do you think staking/masternodes aren't as popular as mining?
Probably because bitcoin / Ethereum mining is already in use for the already famous coin as well. But I think mining is now less productive in terms of profit if the hardware is not enough tools, because the price is expensive.
honestly I myself do not know how to work masternode. Do, any body to know,?


Title: Re: Staking or Mining?
Post by: CoinstarF on April 07, 2018, 01:02:57 PM
Yes.. I just confusing too about staking or mining, mining is more difficult for me cause I will need a hardware.
Staking I just affraid if on the project will scam. so can you guys give me some advice?

Just prefer staking, only our knowledge will deals and guides on how to manage such project, staking is the stepping stone in joining mining.


Title: Re: Staking or Mining?
Post by: gizmodo1987 on April 07, 2018, 01:47:33 PM
Mining is costly, need much money to setup a mining rig. Plus it consumes too much electricity. In mining you also needs some extra funds so you can hold your coins/tokens you mine until the price goes up so that it will be profitable. Staking is ok if you don't have budget for a rig.


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 07, 2018, 04:53:27 PM
Which do people prefer? Staking/Masternodes or mining?

Staking is more profitable & affordable, as in mining you have to buy expensive GPU or antminer, due to a high demand for GPU cards nowadays the price of GPU's are touching to the sky. Also, mining requires high electricity consumption & computational power to mine, and as a result, you have to pay high electricity bill & profit will be very less, so mining is not profitable as it was before. Staking your coins in a wallet or running a master is a good choice as you just need a laptop with an internet connection & just hold your coins in wallet & you will be getting 5~15% dividend annually depending on the type of POS based coin & amount of coins you are holding.

Mining apparatus are now so expensive due to the difficulty risen up got by the crypto's but if you consider to risk with the latest GPU's and other things then maybe you will gain more money with that since you could stake the coins that you mine. But apparently not all people can afford to buy high end GPU's so rather I think many of them would prefer to choose the staking.

Agreed. Why do you think staking/masternodes aren't as popular as mining?
Probably because bitcoin / Ethereum mining is already in use for the already famous coin as well. But I think mining is now less productive in terms of profit if the hardware is not enough tools, because the price is expensive.
honestly I myself do not know how to work masternode. Do, any body to know,?

Masternodes can be pretty complicated to set up. I found this new service that I like though that will show you step-by-step on how to set one up. It's only $50 right now and there's a 30-day money back guarantee.

Here's a link to their Bitcointalk thread >>> https://bitcointalk.org/index.php?topic=3213738 (https://bitcointalk.org/index.php?topic=3213738)
Here's their website too >>> setupmasternodes.com (http://setupmasternodes.com)

I know the guy that created it, so let me know if you have any questions.


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 07, 2018, 04:58:27 PM
Which do people prefer? Staking/Masternodes or mining?

Staking is more profitable & affordable, as in mining you have to buy expensive GPU or antminer, due to a high demand for GPU cards nowadays the price of GPU's are touching to the sky. Also, mining requires high electricity consumption & computational power to mine, and as a result, you have to pay high electricity bill & profit will be very less, so mining is not profitable as it was before. Staking your coins in a wallet or running a master is a good choice as you just need a laptop with an internet connection & just hold your coins in wallet & you will be getting 5~15% dividend annually depending on the type of POS based coin & amount of coins you are holding.

Mining apparatus are now so expensive due to the difficulty risen up got by the crypto's but if you consider to risk with the latest GPU's and other things then maybe you will gain more money with that since you could stake the coins that you mine. But apparently not all people can afford to buy high end GPU's so rather I think many of them would prefer to choose the staking.

I think the main problem with masternodes is that most coins/tokens require a large number of coins in order to run one. Does anyone know of some good coins that don’t require very many?

Another limitation is that my understanding is that a masternode has to be constantly running so you need that laptop running all the time. It would be interesting to see a list of coins that can be staked and the ones that use masternodes.

That's not necessarily true. There's a lot of reliable masternodes you can get for cheap such as QBIC, Innova, VIVO, and a bunch more. I run my own masternode and your laptop or computer doesn't need to be running constantly. Your VPS needs to be running constantly and you can get one of these for just $5/month. A third party keeps it running for you through cloud computing.

One limitation is that Masternodes can be pretty complicated to set up though... I found this new service that I like though that will show you step-by-step on how to set one up. It's only $50 right now and there's a 30-day money back guarantee.

Here's a link to their Bitcointalk thread >>> https://bitcointalk.org/index.php?topic=3213738 (https://bitcointalk.org/index.php?topic=3213738)
Here's their website too >>> setupmasternodes.com (http://setupmasternodes.com)

I know the guy that created it, so let me know if you have any questions.


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 07, 2018, 05:01:54 PM
thank you for culling up of this information! am going to follow it up to set up my master node, for staking and lending programs I don't want to go that path again! I have lost some real money in some Ponzi and MLM staking/lending program, like bitconnect (BCC),  davorcoin etc. my advice on staking is not an investment and is sustainable please stay away!

Hey, no problem!

Masternodes can be pretty complicated to set up. The service is only $50 right now and there's a 30-day money back guarantee.

Here's a link to their Bitcointalk thread >>> https://bitcointalk.org/index.php?topic=3213738 (https://bitcointalk.org/index.php?topic=3213738)
Here's their website too >>> setupmasternodes.com (http://setupmasternodes.com)

I know the guy that created it, so let me know if you have any questions.


Title: Re: Staking or Mining?
Post by: Gabteb on April 07, 2018, 05:07:03 PM
i THINK WITH tiem there will pos or others but not pow Mining it becomes problematic as you need more and more electricity countires like Island will win in this situation.


Title: Re: Staking or Mining?
Post by: Udrujes on April 07, 2018, 05:12:21 PM
I believe that mining has grown to an extremely industrial scale, requiring huge investments at the start and a long payback period.


Title: Re: Staking or Mining?
Post by: VisualPleasure on April 07, 2018, 05:17:00 PM
i prefer staking than mining. Why?
because its more profitable and less energy consumption.. beside that, even our money is being held as collateral for staking, we still have fll control to that.
in my humble opinion, staking is preferable than mining..
but.. mining is  more fun thou.. cmiiw.


Title: Re: Staking or Mining?
Post by: Gizaza on April 07, 2018, 06:53:05 PM
I prefer to invest in ICOs. It is more profitable. According to analysis tokens of exchanges give good gains. For example there is lccx.io (http://lccx.io) - looks like promising exchange based in London.  Well developed white paper, experienced team, located in politically stable jurisdiction.


Title: Re: Staking or Mining?
Post by: butcherme on April 07, 2018, 06:56:41 PM
Staking is more affordable since you don't have to set-up any GPUs and you don't have to bother about maintaining your computer from time to time. Setting up a mining rig is a expensive and would require you to conduct atleast twice a month maintenance, and from what I've heard, mining is not that profitable anymore.


Title: Re: Staking or Mining?
Post by: lifetimebitcoins on April 07, 2018, 07:01:27 PM
To my knowledge Staking is more profitable mining staking provide freedom from electricity cost and rent space we can stake in our own computer as long as we want


Title: Re: Staking or Mining?
Post by: CryptoBuds on April 07, 2018, 09:28:25 PM
Which do people prefer? Staking/Masternodes or mining?


I personally prefer setting up masternodes...

You COMPLETELY control the collateral and the ROI is often MUCH better than staking and mining.

However, they can be pretty difficult to set up. But I found this cool service that guides you through the entire process for only $50 and can get your masternode set up in only a couple hours...

Here's a link to the thread >>> https://bitcointalk.org/index.php?topic=3213738

I'm fully confident that mining is not profitable now. The complexity is very high and the price is low. Some pools cease operations because of the fact that it has become unprofitable. Perhaps, soon the situation will change.


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 08, 2018, 02:26:44 PM
I prefer to invest in ICOs. It is more profitable. According to analysis tokens of exchanges give good gains. For example there is lccx.io (http://lccx.io) - looks like promising exchange based in London.  Well developed white paper, experienced team, located in politically stable jurisdiction.

Don't you think ICO's are a lot more risky? And you may not always profit...


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 08, 2018, 02:27:54 PM
I believe that mining has grown to an extremely industrial scale, requiring huge investments at the start and a long payback period.

Do you think staking/masternodes will reach that scale?


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 08, 2018, 02:29:58 PM
Mining has became an industrial business, you require a huge amount of hardware and cheap source of electricity and dedicated workers to yield from mining while staking or masternode is someway still profitable for individuals and small groups of enthusiast and business.
But what you think about cloud mining?
When I can buy some part of huge farm and earn money.

But what happens when mining becomes unprofitable? And also, I'm pretty sure you can have a much higher ROI with staking or having a masternode.


Title: Re: Staking or Mining?
Post by: Psynthax on April 08, 2018, 02:59:32 PM
I believe that mining has grown to an extremely industrial scale, requiring huge investments at the start and a long payback period.

Do you think staking/masternodes will reach that scale?
Masternodes will reach that scale, just like dash coin and that gives requirement to the everyone interested to become the masternode to have at least 1000 dash coin. It looks like the majority of profit from staking and masternode method has been dedicated to the whales. If the requirements to become masternode will become more and more difficult and it will reach that level.


Title: Re: Staking or Mining?
Post by: ezajavo on April 08, 2018, 11:54:09 PM
I think staking is more realistic for most people, but both take a fairly decent investment to see any real rewards. 
Both have their advantages/disadvantages. If you stake, you're heavily invested in said coin. If you mine, you're invested, but you can always change coins. Further, if the whole market goes sour, you can recoup some costs via selling the hardware.


Title: Re: Staking or Mining?
Post by: fosco333 on April 09, 2018, 03:49:25 AM
i prefer staking because it is low cost on spend resource such as electricity and mining tools.
but staking coins are usually more expensive than mineable coins in the market.


Title: Re: Staking or Mining?
Post by: danielnamit on April 09, 2018, 04:57:58 AM
If you need money in a short period of time and you have mining rig, I suggest to mine because in mining although sometimes it is low profit, it is 100% sure that you will earn unlike in staking that it takes months just to have exchanger.


Title: Re: Staking or Mining?
Post by: mukuro04 on April 09, 2018, 05:16:59 AM
Due to mining in bitcoin the price of cimputer parts went up high especially gpu. And it wall take a high amount of electricy too. So i prefer staking rather than mining due to these conditions


Title: Re: Staking or Mining?
Post by: ngacengan on April 09, 2018, 05:22:07 AM
I think it's more profitable to become a mining because with the mining you can get more profit and the machine you use is very stable so as not to make damage to your machine.


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 10, 2018, 01:44:17 AM
I think it's more profitable to become a mining because with the mining you can get more profit and the machine you use is very stable so as not to make damage to your machine.

There's many coins that run good masternodes that offer a higher ROI than mining. Have you ever heard of masternodes?


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 10, 2018, 01:46:23 AM
Due to mining in bitcoin the price of cimputer parts went up high especially gpu. And it wall take a high amount of electricy too. So i prefer staking rather than mining due to these conditions

Agreed. Have you tried setting up a masternode?


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 10, 2018, 01:48:58 AM
If you need money in a short period of time and you have mining rig, I suggest to mine because in mining although sometimes it is low profit, it is 100% sure that you will earn unlike in staking that it takes months just to have exchanger.

With masternodes though, you can earn rewards every single day much like mining. And there's often a higher ROI as well. Do you know about masternodes or have you tried setting one up before?


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 10, 2018, 01:50:32 AM
I believe that mining has grown to an extremely industrial scale, requiring huge investments at the start and a long payback period.

Do you think staking/masternodes will reach that scale?
Masternodes will reach that scale, just like dash coin and that gives requirement to the everyone interested to become the masternode to have at least 1000 dash coin. It looks like the majority of profit from staking and masternode method has been dedicated to the whales. If the requirements to become masternode will become more and more difficult and it will reach that level.

Have you tried setting one up before?


Title: Re: Staking or Mining?
Post by: Bttzed03 on April 10, 2018, 01:59:46 AM
Not necessarily the most profitable but staking is the most affordable of the three options. Not everyone can afford buying expensive equipments for mining and not everyone has the means to buy required coins/tokens for masternodes.


Title: Re: Staking or Mining?
Post by: nguyenthicamtu on April 10, 2018, 05:37:44 AM
I am also reseaching about this problem. I see staking seem more easy to set up than masternode. Thanks for your information!


Title: Re: Staking or Mining?
Post by: FrankWatsonJr on April 10, 2018, 06:10:05 AM
Which do people prefer? Staking/Masternodes or mining?


I personally prefer setting up masternodes...

You COMPLETELY control the collateral and the ROI is often MUCH better than staking and mining.

However, they can be pretty difficult to set up. But I found this cool service that guides you through the entire process for only $50 and can get your masternode set up in only a couple hours...

Here's a link to the thread >>> https://bitcointalk.org/index.php?topic=3213738

I am a MN person. The cost of hardware is not worth it.

 


Title: Re: Staking or Mining?
Post by: Raggie on April 10, 2018, 08:07:38 AM
prefer mining because if you have a nice mining tools, you can get many from it.
but some peoples prefer to staking. Staking don't require mining tools, but you need to buy coins more to gain more when staking.


Title: Re: Staking or Mining?
Post by: adamgilbert912 on April 10, 2018, 12:03:11 PM
I am also reseaching about this problem. I see staking seem more easy to set up than masternode. Thanks for your information!

Yeah I agree masternodes can be pretty complicated to set up, but the ROI is often much higher.

There's a team of masternode professionals that have a service called, setupmasternodes.com (http://setupmasternodes.com), and they guide you step-by-step through the setup process.

It's only $50 right now for a limited time. 

Here's a link to their Bitcointalk thread >>> https://bitcointalk.org/index.php?topic=3213738 (https://bitcointalk.org/index.php?topic=3213738)

Let me know if you have any questions about it.


Title: Re: Staking or Mining?
Post by: Anchor867 on May 17, 2018, 12:20:00 PM
I prefer mining over staking because unlike with mining i know it is expensive but whenever you need it you can just get it anytime you want and unlike with staking it is not expensive but you need to wait a lot


Title: Re: Staking or Mining?
Post by: sorrros on May 17, 2018, 12:23:41 PM
Which do people prefer? Staking/Masternodes or mining?


I personally prefer setting up masternodes...

You COMPLETELY control the collateral and the ROI is often MUCH better than staking and mining.

However, they can be pretty difficult to set up. But I found this cool service that guides you through the entire process for only $50 and can get your masternode set up in only a couple hours...

Here's a link to the thread >>> https://bitcointalk.org/index.php?topic=3213738
Staking is better, it is the future, we can´t mine with graphic cards forever! It damages our planet!


Title: Re: Staking or Mining?
Post by: IntraCoin on May 17, 2018, 12:25:58 PM
Staking is definitely the way to go. Doesn't require any expensive hardware, easy to run. You can literally set it and forget it. More profitable once you consider the expenses and time investment long-term. You cna also easily implement across several coins. Something most can't do with masternodes or mining.


Title: Re: Staking or Mining?
Post by: AirFlame on May 17, 2018, 12:30:33 PM
Mining is not profitable as it used to be. Staking and Masternodes are still a good way though. But I guess I would put my money on bounty hunting as well. I've been making a living with this for some time now and it's been going great... I failed so hard in the beginning but nowadays, it's a breeze.


Title: Re: Staking or Mining?
Post by: gokusenpai0302 on May 17, 2018, 01:09:58 PM
Which do people prefer? Staking/Masternodes or mining?



For me, I would go for Staking, why? simply because I can't afford a mining rig which is so expensive right now due to GPU shortage. Doing such bounty campaign will let you earn a decent amount of coins and hold it for a period of time until it reached the highest value. It will only require your time and effort in doing bounty campaign and be rewarded by stakes.


Title: Re: Staking or Mining?
Post by: Jet Kolet on May 17, 2018, 01:49:08 PM
I think it's more profitable to become a mining because with the mining you can get more profit and the machine you use is very stable so as not to make damage to your machine.
depending on maintenance and temperature, the mining machine is able to survive. mining is profitable if the price of a coin in the mine is rising and expensive. what if the price goes down you could be losing because you have to pay for electricity. so calculate it properly and smartly so that you get a profit from mining.


Title: Re: Staking or Mining?
Post by: el kaka22 on May 17, 2018, 05:12:55 PM
Which do people prefer? Staking/Masternodes or mining?


I personally prefer setting up masternodes...

You COMPLETELY control the collateral and the ROI is often MUCH better than staking and mining.

However, they can be pretty difficult to set up. But I found this cool service that guides you through the entire process for only $50 and can get your masternode set up in only a couple hours...

Here's a link to the thread >>> https://bitcointalk.org/index.php?topic=3213738
Staking is better, it is the future, we can´t mine with graphic cards forever! It damages our planet!
Yeah, it is really the way to go. Mining is not even something one can easily count on these days with the way things are changing pretty fast with technology and you may be surprised that there is just so little that even your GPU miners will end up mining at the end of the day.

Staking is much easier to set up and requires nothing much compared to mining and that is one of the reasons why it would be basically ignorance that would make anyone to want to go into mining now unless they really have the bucks to set up a huge mining farm.


Title: Re: Staking or Mining?
Post by: tyuner4 on May 17, 2018, 05:23:56 PM
Staking and masternode are better for me. My electricity cost is high and it is not feasible to mine in my country. With the initial investment spent on mining equipments, I could buy some coins for staking.


Title: Re: Staking or Mining?
Post by: adamgilbert912 on May 17, 2018, 09:10:51 PM
Staking and masternode are better for me. My electricity cost is high and it is not feasible to mine in my country. With the initial investment spent on mining equipments, I could buy some coins for staking.

Have you set up any Masternodes?


Title: Re: Staking or Mining?
Post by: thongnguyen1868 on May 18, 2018, 02:02:40 PM
Both mining are currently working in almost blockchain now but in the future POS does not consume energy because you can participate in mining. a very simply way. choose what you and the public want.


Title: Re: Staking or Mining?
Post by: mimota168 on May 18, 2018, 02:03:01 PM
Another limitation is that my understanding is that a masternode has to be constantly running so you need that laptop running all the time. It would be interesting to see a list of coins that can be staked and the ones that use masternodes.


Title: Re: Staking or Mining?
Post by: Question123 on May 18, 2018, 02:08:14 PM
Staking altcoin or bitcoin where ever you are and any amount you cam use. But mining is needed big capital because you can buy computer, ventilation, and ofcoarse miner and it depends to your country also if the electricity is cheap or expensive. But mining and staking is both can get high profit if your stake or mine potential coin. You cn staking also while you mining.


Title: Re: Staking or Mining?
Post by: Eclipse2021 on May 22, 2018, 05:47:34 PM
good question honestly. It's hard to pick from this two as I like them both even if I didin't mine or stake until now I love the concept of staking as it's cost almost nothing but it requieres a substantial investment just to make sure you'll get as more coins as posbile from staking reward. when it comes about mining with rigs or asics well depends in wich county you are as prices of electricity is very different from country to country


Title: Re: Staking or Mining?
Post by: serejandmyself on May 22, 2018, 06:02:23 PM
Which do people prefer? Staking/Masternodes or mining?


I personally prefer setting up masternodes...

You COMPLETELY control the collateral and the ROI is often MUCH better than staking and mining.

However, they can be pretty difficult to set up. But I found this cool service that guides you through the entire process for only $50 and can get your masternode set up in only a couple hours...

Here's a link to the thread >>> https://bitcointalk.org/index.php?topic=3213738
Hey, I have a short story of my staking and miming experience. I have been in crypto since 2013 and never mined until 2017 with crypto Boom, then I purchased 1080TI*12 and 1070*6 for Zcash and Ethereum classic mining. To tell you the truth that was awful, even from technique side, I had allays had my rigs turning off for just no reason.. I think it is worth doing only if you are a large investor. Finally I sold all my rigs and was searching for good staking coins. I was lucky enough to grab cheap diamond coin, as well as strat and more than that I participated in Neblio ICO heavily that offers around 10% staking reward annually from amount you have. So I can easily name that passive income. My choice is staking > mining.


Title: Re: Staking or Mining?
Post by: Drachmadev on May 22, 2018, 06:40:03 PM
If you can, do both. They are both very profitable in a different way and have advantages in different ways as well


Title: Re: Staking or Mining?
Post by: adrianto1995 on May 22, 2018, 06:43:04 PM
For some reason, I prefer STAKING than MINING
Because STAKING is more easy and simple, you don't need to do anything just leave your wallet online until your coin mature and wait for staking reward. More coin you have, more reward you get.
Don't like MINING, we should buy an expensive mining rig and should have knowledge about mining. But if you can do this, your life will be relax and easier to get " IZI MONEY "  ;D ;D


Title: Re: Staking or Mining?
Post by: ronni01 on May 22, 2018, 07:10:55 PM
I believe that everyone will fit his version of someone more secured and can extract cryptographic, and there are people who are hard at work Bounty earns money for life!


Title: Re: Staking or Mining?
Post by: adamgilbert912 on May 24, 2018, 05:08:38 PM
I believe that everyone will fit his version of someone more secured and can extract cryptographic, and there are people who are hard at work Bounty earns money for life!


Have you tried setting up a Masternode?


Title: Re: Staking or Mining?
Post by: Hughes_Ryan on May 24, 2018, 05:10:49 PM
Which do people prefer? Staking/Masternodes or mining?


I personally prefer setting up masternodes...

You COMPLETELY control the collateral and the ROI is often MUCH better than staking and mining.

However, they can be pretty difficult to set up. But I found this cool service that guides you through the entire process for only $50 and can get your masternode set up in only a couple hours...

Here's a link to the thread >>> https://bitcointalk.org/index.php?topic=3213738
Staking is the right choice for you. To exploit electronic money, you will have to invest a lot of machinery and to exploit the copper will take a lot of time with big costs


Title: Re: Staking or Mining?
Post by: Howard1102 on May 24, 2018, 05:13:46 PM
If you have a lot of money to invest, you can choose to mine. But you will have to prepare a lot of things as an apartment to accommodate the extraction of computers and sometimes you will have to pay a lot of money electricity


Title: Re: Staking or Mining?
Post by: Anchor867 on June 03, 2018, 02:41:08 AM
Well i prefer doing staking if you do not have a lot of money to invest but if you do have alreadt have a lot of money you can now  start mining so you can just sit and wait for those profits


Title: Re: Staking or Mining?
Post by: buboyskie on June 03, 2018, 02:43:49 AM
If you will ask me I would choose both because that's more profitable instead on spending one. It is always good to diversify your money properly as long you will choose the right thing that you think your money worth for investment especially right now cryptocurrency are still young here in our world and soon we all know how crypto gonna be really huge.


Title: Re: Staking or Mining?
Post by: skylar on June 03, 2018, 03:09:43 AM
for me I prefer mining POW coin especially the new one rather than playing with some staking coin or masternode. when I mining some brand new coin, it is look like play with our luck sometimes. Im not having big rig to play with it, Im only using my tiny mining rig to deal with it. my rig are just for mining brand new coin or low cap coin. I did it with some coin like ITNS & DERO, mine at the very first.


Title: Re: Staking or Mining?
Post by: UAE Seasider on June 03, 2018, 03:13:51 AM
I think mining was the early days of cryptocurrency and the cost vs reward ratio now make it expensive for the single user to enter this market and also make money from it. Staking is a far more green way to generate a return from your currency investment as it used very little energy and there are no equipment costs involved.


Title: Re: Staking or Mining?
Post by: DumbLefty on June 03, 2018, 08:30:51 AM
I think mining is a more promising way to earn money. When you have your own cryptocurrency mining equipment. If something goes wrong you can always sell the equipment.


Title: Re: Staking or Mining?
Post by: airflame2 on June 26, 2018, 11:02:04 AM
Mining is not profitable as it used to be. Staking and Masternodes are still a good way though. But I guess I would put my money on bounty hunting as well. I've been making a living with this for some time now and it's been going great... I failed so hard in the beginning but nowadays, it's a breeze.

Stolen account. Airflame acocunt have been stolen look out !

Dont trade, talk or make some kind of business to this cunt.

More info here:
https://bitcointalk.org/index.php?topic=2347562.msg23913134#msg23913134


Title: Re: Staking or Mining?
Post by: losh11 on June 27, 2018, 07:14:43 PM
Mining dine up a dozen of tension and expects devoted shop. While staking and masternode pronto be executed on a consciousness hosted waiter or a cashed waiter on-line with an first investment on the mint.


Title: Re: Staking or Mining?
Post by: Anchor867 on July 08, 2018, 08:02:40 AM
If you do have a lot of capital in the start maybe you can start doing some mining because it is stable income when it come to coin but for mining you can start at any capital all you need is a pc and a internet connection


Title: Re: Staking or Mining?
Post by: reijusama2583 on July 08, 2018, 09:02:16 AM
Which do people prefer? Staking/Masternodes or mining?


I personally prefer setting up masternodes...

You COMPLETELY control the collateral and the ROI is often MUCH better than staking and mining.

However, they can be pretty difficult to set up. But I found this cool service that teaches you how to set one up OR they can simply set it up for you.

Here's a link to the thread >>> https://bitcointalk.org/index.php?topic=3213738
I preferred more the mining because it is more legit and have more assurance when you invest on it, in cryptocurrency there is a possibility that you will lost all the things that you will invest when the current price of your coins becomes not worth it anymore alike on mining it is a passive income although it cost much higher compare to cryptocurrency but it have more assurance that you will gain something and it is a passive income the only thing that you will did is invest and monitor the price of the bitcoin and wait. 


Title: Re: Staking or Mining?
Post by: olenka.1988 on July 08, 2018, 09:58:25 AM
for me as excitement and big money you can immediately make money on the stakes, but there is a risk, everything is simple in the moneying, bought equipment and wait until the coin drips, and then mono and trade it)


Title: Re: Staking or Mining?
Post by: adamgilbert912 on July 17, 2018, 11:52:12 PM
bump


Title: Re: Staking or Mining?
Post by: LiluSG on July 17, 2018, 11:59:51 PM
I like the pos and the nodes. I tried to keep the nodes, but those projects that I kept, eventually closed, since they were delegates, and I do not really like it. Especially if the community is not big and the choice comes from someone who speaks beautifully, and not at the level of quality of the server on which you raise the node

As for POS, I know that this is a whole segment of earnings and its nuances. I have 5 coins now on POS


Title: Re: Staking or Mining?
Post by: CryptoDouche on July 18, 2018, 12:06:18 AM
Both can be good but it ultimately depends on the coin. My favorite altcoin AMB is a utility token for a Swiss supply chain platform which is run by multi tiered decentralized master nodes and payouts for node operators are tied to the number of data "bundles" processed and stored each day.

So one of the ingenious things about AMB’s tokenomics is that while all the bundles are fixed at a USD price of $10 (to make adoption easier and consistent), the bundle price is actually paid in AMB based upon the current USD-AMB exchange rate. Therefore, even if you don’t have a node and are simply holding AMB, you are still holding the fuel for the entire AMB-NET. As the network grows, demand for the Nectar, which you hold, will also grow.

Another ingenious part of AMB’s network design is that every time a bundle is purchased, the network will automatically burn 5% of the AMB used to purchase the bundle. As mentioned above, as the network grows, demand for AMB will also grow as users will need it to purchase bundles. This growth in purchased bundles will subsequently increase the rate at which AMB is burned. So the more the network grows, the faster the burn rate is for AMB which will create scarcity. So you have this dichotomy where as the network grows not only will demand for AMB rapidly increase but at the same time, the supply of AMB will rapidly decrease due to more burning. As you’d learn in a basic econ class, an increased demand OR a decreased supply will lead to a price increase. But having both an increased demand AND a decreased supply happening simultanesouly can really cause a snowball into huge growth.

Check out this community made calculator to see what kind of returns one could expect:

http://ambrosus.yannlevy.eu/


Title: Re: Staking or Mining?
Post by: kyra0018 on July 18, 2018, 12:41:01 AM
Both can be a good source of alternative coins, but for me i think i will go over to staking because staking is easy to do and you can earn easily.


Title: Re: Staking or Mining?
Post by: paramex on July 18, 2018, 01:20:03 AM
in my mind, lurking at this time is more promising than mining. because staking can be easily achieved on self-hosted,
servers or paid online servers with initial investment on coins. while mining consumes a lot of electricity and requires special hardware.



Title: Re: Staking or Mining?
Post by: feelingfroggy on July 18, 2018, 01:25:20 AM
I like staking because its easier to set up and no special setup is required.  I stake Neblio at the moment and absolutely love it.  10% a year and I have solar powering the entire thing.  I also stake a few junker coins as well just for fun. 


Title: Re: Staking or Mining?
Post by: micle222 on July 18, 2018, 07:31:02 AM
Sorry before her to answer your question. For me alone, then both of them can not be chosen because both of them are not my skills, I prefer to trade.

Because with my trading I just buy below and sell on top, so just so on until I have an advantage.


Title: Re: Staking or Mining?
Post by: tterrorpipa on July 20, 2018, 08:31:08 AM
Its true, mining can be more easier if you got the tools to get going. But when you don't have the tools, its difficult to gain good ROI for a specific time. Better setup a masternode to secure a sure allocation reward. You just have to read further tutorials online on how to setup masternode. Clearly, its the great alternative for mining.


Title: Re: Staking or Mining?
Post by: dianikusuma on July 20, 2018, 08:46:11 AM
mine is a field could indeed be superior and promising. but to get maximum exposure in these areas also need great effort either of the factors capital and facilities. Indeed troublesome and it takes spending a lot at the beginning but in the result of this will be great. but sometimes it's that make many people become resigned to start mine and chose another path.