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Author Topic: Mining Altcoins ?  (Read 1880 times)
dicaprio
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September 20, 2018, 12:21:00 PM
 #161

Why not? It seems to me that this is quite a normal activity, because lately the main projects that require mining start to become not profitable, so I think that very soon everything can change radically.
Hammonds
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October 03, 2018, 05:18:14 AM
 #162

You better trade cryptocurrency at Bittrex and Binance.
You can't trade every day and I recommend for Altcoins stock because now the value is low and buy it at the lowest price.
Nanda Dewi277
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October 03, 2018, 05:29:38 AM
 #163

You better trade cryptocurrency at Bittrex and Binance.
You can't trade every day and I recommend for Altcoins stock because now the value is low and buy it at the lowest price.
everyone who searches for coins with mining complains because of the declining value that caused a small profit for this year, many miners are starting to stop the miners and start joining by trading because in low market situations it is very easy to make profits through trading.

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danivan7
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October 03, 2018, 05:35:31 AM
 #164

good plan, for now you must choose what hardware will u use for mining.
and for coin you can check at whatomine site, for coin with best profit for your miner.
good luck

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Ariess
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October 03, 2018, 06:31:26 AM
 #165

Hey guys,
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?

Well, I think it's a good discussion, but I haven't really mined altcoins yet. there are some alts that can be in the mine that I know. maybe you should try to learn it first in order to be sure of every opportunity you will get, and if it is more feasible for bitcoin maybe bitcoin is the only best option
Ruby_Official
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October 03, 2018, 06:35:00 AM
 #166

Hey guys,
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
There are two kinds of mining PoS and PoW. I think you will be interested in PoS Smiley Thanks

ripzombie
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October 03, 2018, 07:19:29 AM
 #167

Mining now does not justify the funds that have to be spent on it. I think that soon mining will completely disappear, because of the change in the protocol.
Phil419She
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October 03, 2018, 07:23:07 AM
 #168

Hey guys,
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?

Well I think it really depends on where you are currently residing. Because electricity and the temperature of where you are living can be major factors in mining. So if you are living in country where the electric bill is expensive, and with the current price of altcoins, you'll be in loss.

asder250
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October 03, 2018, 07:27:26 AM
 #169

Mining is no longer profitable, big companies are so strong and you cant competite with them. Also the price of altcoins is so cheap,so you will not be able to sell your altcoins for a better price like a year before.

Lhaine
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October 03, 2018, 07:30:21 AM
 #170

Hey guys,
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?

Well I think it really depends on where you are currently residing. Because electricity and the temperature of where you are living can be major factors in mining. So if you are living in country where the electric bill is expensive, and with the current price of altcoins, you'll be in loss.

And also depends on the condition of the market, and also the altcoins that you want to mine.
If next year the crypto is like what happened now it's obviously not worth it.
Just do mining altcoins in the right time that you can get profits.
Sean_oneill91
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October 03, 2018, 07:32:05 AM
 #171

I don’t believe it would really be worth the electricity.
If I was to mine, I would mine Bitcoin.
Unless you had access to a huge amount of renewable energy! Cool
zauna35
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October 03, 2018, 07:32:12 AM
 #172

I think mining altcoins, now is not the best idea, the profit will not cover all the costs and spending..I think you should pay attention to other mining methods, such as POS(if you have nothing to do)...but in any case, now mining is not profitable
Sean_oneill91
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October 03, 2018, 07:39:31 AM
 #173

Mining is no longer profitable, big companies are so strong and you cant competite with them. Also the price of altcoins is so cheap,so you will not be able to sell your altcoins for a better price like a year before.

 “The nation’s cheapest power, produced at hydroelectric dams on the Columbia River, has ignited a boom in mining for bitcoin and other cryptocurrencies that is transforming the Mid-Columbia Basin, three hours east of Seattle. | Patrick Cavan Brown for Politico Magazine“

Whales are closing in hard on cheap/renewable energy sources all over the world right now.


entar pasar
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October 03, 2018, 07:42:19 AM
 #174

Hey guys,
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
if I have enough money, I would prefer to buy some bitcoin than for mining altcoins, because for now I think mining altcoin is not very profitable, the price of mining tools and operational costs is getting higher but the price of altcoin is getting lower

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October 03, 2018, 07:44:14 AM
 #175

Hey guys,
I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?

If you compare it to bitcoin it is no match. The value has really big difference in which you can realy say that you are just wasting time and effort if you look at it. I highly suggest to still mine bitcoin because of the high profitable rate. We can say that this might have volatile market but other coins also is.

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October 03, 2018, 07:45:49 AM
 #176

It depends on the altcoin you excavate, and more than 50% of the altcoin has no excavation value. If you plan to enter the mining industry, you can consider Bitcoin and Ethereum!

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October 03, 2018, 07:49:44 AM
 #177

If you have good energy supply that's relatively cheap, mining is good provided you can afford your mining equipment.
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October 03, 2018, 02:22:16 PM
 #178

It is easier to buy them and to trade than do mining I think but mining is the lowest in risks and you could do nothing about analyzing, often checking and so on.

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October 10, 2018, 02:23:35 PM
 #179

Altcoins are good for buyin and trading, rarely holding but mining is better if it is used with BTC because it is profitable and will cover all spent resources.

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October 10, 2018, 02:26:59 PM
 #180

Hello there! I suggest you mine only if you have a good mining equipment. Make sure it is optimized to be the best when it comes to the consume of energy. With patience mining will be a good source of income.
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