Experiences in Mining

[Slow death]

Okay
I do not have cheap electricity
Hardware is very difficult and expensive to get.

That is for .

What of other currencies? Litecoin? Monero?
Any ideas?
Correct me if I am wrong; it seems we can do mobile morning on some of those coins and still make a profit?!?!

If miners did not make a profit, do not you think they would have stopped mining?

Ghs free?

You joined in the ponzi site.

my advice:

Listen to what people are telling you, get away from ponzi sites.

[Marma Kalari]

I'm telling you once and for all, DON'T TRY CLOUD MINNIG.
I did buy a few times in hope that I would get any profits. I rented from miningrigrentals but the profit was below what I paid in the first place.
As for solo-minning I tried that as well but could hardly get anything. I guess the bitcoin minning is now on an industrial level where there are huge farms/mines. Those are the ones getting profit. (talking about mines like the ones in China)

If you are able to land a good discount in a cloud mining website then you can really try that option other than that i do agree that cloud mining is not a profitable one as they will be giving out your coins on a monthly basis what you have given them in the beginning to avail the service and that is how i felt about cloud mining. I am not sure what OP is telling here about free hash rates as i have not seen any offers like that from legit sites.

[JeffBrad12]

Okay
I do not have cheap electricity
Hardware is very difficult and expensive to get.

Where are you from? Looks like if that will be applied on the altcoin mine.

That is for bitcoin.

No, the big problem for mine bitcoin is you must use asic miner. It will consume a lot of power.

What of other currencies? Litecoin? Monero?
Any ideas?
Correct me if I am wrong; it seems we can do mobile morning on some of those coins and still make a profit?!?!

It depends on your mining rig, If you want to do use GPU rig and I think monero is better rather than litecoin. But why don't you try ethereum?
Do you mean mobile mining? It is not recommended way for you, you will not get anything and just waste a lot of your time. You will never get a little penny for use android mining or mobile mining.

[brobbel]

What about  mining other currencies and converting them?
Anyone tried that?

At this point Dash mining looks profitable, but when prices go down or difficulty goes up this will change. And probably it changed long before you reach ROI, so I don't suggest it.

FYI, Hashflare's Scrypt mining is always converted to BTC and with Genesis Mining you can convert all sorts of mining into different currencies, so your idea is not new.