It looks like we have many more miners onboard  , I thought the maintenance was finally over a day ago but I was surprised it's still running til this moment, I'm not surprised now is the best time to make some fast money through mining so it's certain that people will invest lots of money on graphics cards to get good ROI back |
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Shame, I can see that no one is talking about how people are using crypto as means of defrauding people but you are only backing up the fact that crypto shouldn't be blocked in nigeria, how about you guys shade some light on what can be done about scammers living in nigeria that are taking advantages of people through online romance scam? 80% of nigerians are making a living through this defrauding ways, I wonder what their future children will be like, criminals giving birth to more criminals, nigeria problem isn't on the government alone but the people themselves
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For your own safety and also people living around you pls do not go away from your mining rigs or farm, any unnecessary sparks can happen at any time and can bring fire disaster along with it, make sure you stay closer and not too far away, always monitor your rigs 24/7
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Isn't this kind of issues is why we have decentralized exchanges? What are you waiting for? You don't have to use centralized exchanges for anything, they are the ones trying to do findings about where a transaction is coming from, you can also use p2p platforms like paxful
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There is always a first time for everything though, I think not all USB are that strong for 24hr running, they could die pretty fast after few weeks or months, the best option is still going with SSD, thy draw less electricity tham HDD but I have no problem using HDD anyways
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Why do almost 90% of the platforms introduced through this forum have to create their own coins and tokens immediately?
What I've learned about the founders of giant platforms like Paypal, Alibaba, Google, Twitter, Facebook, etc. is that they don't. They just make a platform that really hopes it will be used by people around the world without creating tokens to attract investors early in the journey (maybe they did but it was privately so that in the end we only heard the story). So that when their platform becomes a well-known brand, the money comes naturally through big investors, sponsors, and partners from other well-known figures/brands.
In addition (funnier), platforms with social and community bases that have no purpose or solution to the financial case must force themselves to stay in the mainstream by tokenizing their services which in the end the token creation itself becomes useless.
Why don't the current projects almost all follow in the footsteps of existing famous brands?
If I were you I would just ride along, many projects will fail no matter how certain their products look or how promising their team are, only very limited projects will survive, its been like this since day one and there is no real way to tell the difference than to just take risks after doing some research, I'm in for the money making part and I don't trust any new project |
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Invest in DeFI, Or literally any good project. You'll never make your 6K back in time if you're just starting now. GPU, PSU, and other Hardware prices are through the roof. During Bullmarkets you DO NOT BUILD mining rigs. You buy the coin which will make you'll more money in a month than a mining rig will paying itself back. That's my personal opinion. I'm a big miner, but I started during the first bullmarket in 2017 and never stopped even during the bear market of 2018-20.
With ETH finally getting Phase 0 and moving to phase 1.5 in 2021/22 Personally the mining game's over now. On top of that ASIC on ETH that are insanely powerful are coming online this year.
Here we are again, people are packing 40 pieces of graphic cards right in front of me in a store to mine Ethereum and you are here saying you can't make your ROI back? It only takes 4 month to get ROI back on a single gtx1660 super today, since you said you build your rig in 2017? Good, my question is did you make back your ROI or NoT? |
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Easy answer:  -snip- Some of these services can buy stuff in US for you with theyr card and ship it to you whereever you want. These solutions are not that good, not when you're trying to save anyway. Most of them limits their shipping carriers to DHL and FedEx which are quite expensive. Drop shipping logistic is the best way of avoiding DHL and FedEX, I used one to shop on almost every available stores in the US and they bring my goods right to my door but the charges can be unforgiving, I always make sure I order lots of goods to cut down expenses, find one online that supports shipping to europe countries |
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Few online calculators shows that 20mh per second is what you will get with gtx1060 but that's not always true, it's all about finding the perfect settings for your GPU yourself, gtx1060 6gb version can still do 25mh because I have one and that's how far I can push it up, some are getting 26 or 27mhs at just 80watts, honestly mining is all about tweaking for the perfect spot
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Bounty managers have different set of rules, to apply you got to understand what you want and want you don't like, it's a matter of choice, high ranking members can apply for low rank just to avoid missing out but the reward will be lower, it's users choice anyways
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No you can't mine raven coin with CPU, also that ryzen will be better fit for XMR mining only, download Nicehash software and start mining with the CPU, it's very straight forward for newbies, no need to configure pools and ports, but laptops aren't really meant to mining I believe so mine at your own risk
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The craziest part is the promoters have to wait for 2 and half years before they can pay....
Are you kidding me ??  two and half fucking years before they get their reward for promoting the project?? this is so insane, but then, the hunters shouldnt just sit and watch or accept such mistreatment, if they co operate together, they can shut that project down and force the the owners to pay them their reward, this is the height of this nonsense and its got to stop , if the team are so scared of dump, why did they launch bounty in the first place? this is a problem with very simple solution, they should have just opted to distribute the tokens in group, for example, a group of ten or twenty people receive their reward this week, the next group of ten or twenty receive their reward the following week, like this until everyone gets paid . seizing the reward for 2 years is absolutely inappropriate. Yea too damn crazy, before two years and half gets here I'm sure the token would have dumped alot, not every projects team will have good conscience you know, even projects that have just 100,000$ volume still paid bounty hunters as promised like STOBOX for example |
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The reason why I prefer mining is the freedom and peace of mind, with staking it's easier to think that the coin can lose value or turn dead any time but when mining even if the profit goes lower you can switch to another coin and keep mining, nothing comes close to the freedom you get in mining.
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Stake. Miming costs time
Really? Stake is the one that costs time here, you aren't getting any reward every day until your staking period is over, if it's annual then you have to wait till after a year to get paid, but for mining things are different, you get paid every day and you can decide to withdraw every week or months too, mining gives full freedom and control Yes you are right about staking taking time; but on the smart chain (pancakswap to be precise) you can join a staking pool anytime and as well harvest your stakes or unstake at basically anytime. In generally; it is safe to say that both mining and staking takes time to yield; the true question is how much are you mining per day ? how much doe your stake yield daily? this is what you should look into and let it guide your decision about staking or mining There is not much difference between the two, some are saying it cost more to build a rig but that's same with staking too, it's all about target, if you want to earn 20$ per day on staking you have to hold huge amount of the coin, you could be spending thousands of dollars on the coin to stake, isn't it same it mining coins? |
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Hi everyone!
Just wondering what might be the best way to earn more bitcoin if you have a bit and want your money to start working for you.
I do not want to risk losing my coins on centralised exchanges or anything like that.
I have been looking into Wrapped Bitcoin and liquidity pools and earning interest but seem to be getting lost in circles trying to find the right answers, perhaps there isn't a way to do it now whilst still maintaining your bitcoin on your ledger or trezor or whilst maintaining your private keys?
Woudl love to hear everyones thoughts or advice on what solutions there might be out there now?
Thanks heaps!!!
You can stake coins in your wallet, you don't have to use exchanges for earning rewards, atomic wallet and trust wallet supports staking in their very own wallet, you can stake popular altcoins and it's far safer than anywhere else |
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I've used the platform before to try out their buying hash power mining called cloud mining and I can say it does take longer to see your deposited BTC appeared in your account, this was around 2017 but it's shocking that they haven't adjust since all this while, not good
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I'm not buying ETH at these prices, but I have started mining it a little bit with a nice GPU that I just got.
What you're describing OP is typical in a lot of markets, however. Nobody wants to buy X when X is near its all time low, and then all of a sudden when its at its all time high, everyone wants in and it's like panic at the disco with people elbowing each other trying to get buy orders in and filled. And so it is with ETH at the moment.
It's a fantastic coin, don't misunderstand me, but the time to be loading up on it was precisely when it was going for $150 and nobody wanted to touch it. Investors are retarded and never learn when it comes to that. You have to buy the air conditioner in the winter when they're on sale, not in the summer when everyone is trying to stay cool.
Good idea, not bad but still it depends on how much you buy that gpu and how much this bull market will be around for, if bear attacks the market today your rewards through mining will decrease alot, if you are making 5$ per day it might go down to 2$ per day, it's not a bad time to build a rig but GPUs are way too costly right now |
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People only tend to act fast when things are FOMoing, even outside of crypto space this is how things have always been with people, I was once caught in this myself until I learned about how crypto market works, the best time to buy coins is when the market is in bad shape and simply wait for the good days, it's very easier and safer like this than taking risks when there is pump going on
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Hm, how about projects that successfully raise hardcap on exchanges and still deny bounty hunters their promised coins or tokens? Bounty hunting is wide and anything is bound to happen, even projects that failed to meet their softcap target still pays bounty hunters, this hunting thing is game, you can win or lose in unexpected ways
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