That's a pretty low amount if you are thinking of mining Bitcoin

And also don't just focus on buying mining gear, have you thought about other expenses such as electricity cost in your area and the maintenance cost in case things go wrong?
It would be a shame if you bought a miner and would be able to run it because there are not any more funds to cover other costs

Given that mining profitability is very dependent on the cost of electricity. I just see about 4 countries you have mentioned. Africa has over 50 countries if I recall well, where are the rest? Or is mining going to happen in only 4 countries in the whole continent?

Solar energy makes much more sense as a backup option, but not running full-time. There might be a lot of Sunlight in the Sahara and Sub Saharan areas, but don't forget the unpredictable weather in the tropics. Importing solar equipment from Europe, the US or Asia might also be very expensive

Now, I doubt if there are any mining gear manufacturers based in Africa, so importing the mining will also likely double the cost of investment. We all know shipment fees and custom taxes can be very exorbitant

Environmental friendly?

Should we ask the former occupants of Chernobyl if it's really Environmental friendly?  

I think people just choose what they call Environmental friendly and what's not Environmental friendly because they are not directly affected and want to make money off it, but if we are to go by strict standards, even the so-called Green Energy stored in Lithium batteries is not

Let someone convince me how the process of attaining the raw materials for the manufacture of Lithium somewhere deep in the Democratic Republic of Congo is Environmental friendly.

I understand your idea, but I think It won't be suitable. Here are some questions.

1. Who's going to cover the escrow fee? Just to be sure that you receive good working miners and the other party receives the money
2. Who's going to cover the shipment fee and the tax. These miners are most likely to be shipped across boards
3. What happens when you get the miners but then fail to make profit due to other costs such as power? Bitcoin mining isn't that profitable lately.
4. What if the miners malfunction while you are still using them... maybe 6 months into using them and yet the deal was for 2 years, what do you do?

5.3 Billion doges vs 12.5 Trillion SHIB tokens. Good luck with that.

You should be asking yourself what purpose those coins/token serve that hasn't been explored before? Nothing!

The likes of verge we also ones in the top ten market cap, and then they slowly sank to the ground as people lost interest. The exchanges list these tokens because they still have volumes. It's business. You think exchanges give a shit about how the token will impact people's lives?

Charting tools like tradingview and coinalyze.net also have similar options to compare prizes of different coins, but they instead the chart to percentages and not actual USD  price to fit the two graphs in one chart.
Otherwise, BTC price would be way off the ETH price because of the different price ranges

Just click on compare

It looks like the OP of this thread stopped updating it sometime back. I made suggestions about Localcryptos(when it was still operating back then) and coinbase.com, but nothing was added

Right now, FTX shutdown, Localbitcoins and Paxful and winding up their operation, but they are still in the list. This could mean that the list my not be accurate as it hasn't been updated with time. Maybe creating a new thread that is regularly update is still ok.

I don't know if it's just a problem on my side but when I try to visit the timechaincladender link, it just shows a blank page with the word undefined at the end of the URL
Could the site be having a technical issue, or it's no longer operational?

It's why proper risk management is very important in trading.

A bad trader is one that only looks at the good side (profits) and doesn't even think about the bad side (losses) should the prediction go wrong. Before approaching any trade, One should ask themselves a few questions
- What is the risk reward ratio?
- How much can I afford to lose should things go bad?

If things don't look favorable, trust your gut and avoid the trade. Keep your account up to trade another day. the market will always be there.

Because they are not Decentralized Exchanges anyway. They are just bunches of copy-cat smart contract codes running on different centralized chains created to make money off noobs who have no idea what a decentralized exchange is.

A few years from now, no one will even think of using any of them. Remember Etherdelta?

This what happens when chains are just copy-cats of the others, nothing much new in the code or how they operate. Just copy-paste. One chain gets an exploit and all the other will have the same problem.

Another important thing is to always use virgin address when interacting with smart contracts. Only what one wants to trade or exchange should be in the address and not the whole portfolio.

I hope the traders revoke the permissions fast enough before they become the next victims.

So his next couple of months would then come 4 years later? Damn, some people can be so shameless.

That money even by today's Bitcoin can be payable if he was serious. In fact, in order to show that he's sorry, he should at least double it to 0.02 BTC

Mining is a long term investment and just like any other business, you can never really be too sure about how profitable mining will be in the future.

Staking is more like a Ponzi scheme. Never ever believe those APR/APY's they talk about. They can change, or the staking platform can suddenly stop. If I were you, just buy any of the top solid coins you believe in, store the coins in your hardware wallet, sit back and relax until a certain time when you see a desirable profit.

I didn't actually forget about the burning. Even if Half of the supply is burned in this short time, the price will still be unrealistic

OK, I know BNB is a shitcoin but come on, apart from the periodic burns, we all know why BNB is that much worth and the biggest factors are the backing of Binance exchange. Does SHIB have any external backing where it's price can artificially be manipulated?

I said in the next bull run, It's not possible... You can't compare bitcoin to Shiba Inu, no offense.

Look at this
Current circulating supply of SHIB - 589,543,681,764,963. It's 14th with a total market cap of $6,614,625,276 at the price of $0.00001122. If the price ever got to $50
At the current circulating supply, the total market cap would be 29,477,184,088,248,150. Over Twenty-nine quadrillion USD just for shib only! The total market cap is barely 1 Trillion USD.

Do you think this is even realistic at all?

1. Because Bitcoin is fully decentralized
2. Demand! It dictates everything and it happens that the demand to mix bitcoins for privacy reasons is high up there

For Ethereum, Tornado cash tried, but we all know what happened. Also what's the point of an Ethereum mixer if there are smart contract based marketplaces like uniswap.

Besides, there are privacy leaning altcoins like Monero, Dash, Zcash... so there's no point in mixing altcoins if you can access privacy based coins.

For other shitcoins like BNB, SOL etc are centralized. They can even freeze the assets if they want.

Obviously, the model is not the same as Paxful, I agree. But so was localcryptos. It's still vulnerable to external pressures since it's not decentralized.

HodlHodl is not censorship resistant to even any degree like Bisq. Government and law enforcement can shut it or force the owners to shut it down anytime they want.

First it was Localcryptos announcing a shutdown around 21 October last year  - LocalCryptos is shutting down and then Localbitcoins annouces on 9th- Feb 2023 that they as shutting - LocalBitcoins will discontinue its serviceand now paxful!

Which one next? HodlHodl? Remitano?

I think we are now seeing a pattern here.

I think most of them are shutting down before regulators come for their asses, or they might have already received warnings, especially given the fact that they are headquartered in known jurisdictions that can act cocky towards crypto at any time. For example Localcryptos was Australian based, Localcryptos was based in Finland, Paxful is based in Delaware US though some sources claim that they have head quaters in Estonia

That makes sense now. I wasn't able to see any TOS as they would even allow me to see the homepage of their platform

What I am curious about is if they still offer the instant exchange feature. The last time I check them, it seems they had changed the way they operate things to just buying and selling crypto for fiat. Is it still the case?

You forgot to remove coinswitch from the list mate 

Now they are even geo-blocking users. Is anyone else able to access it or does anyone know from which particular jurisdiction they are accepting clients?