Mining Altcoins ?

[Thyristor]

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

I have enough experience with alt coin mining.I mine BTC,ETH and ETN i bought high configuration pc and other hardware instrument but when i started mine i' am really disappointed because in 24 hours my earning only 30$.Now i left from mining.

[heartthew]

Honestly I think that you are late with mining because now it becomes less popular and next year I think that there will be almost no coins with the PoW protocol ..

[cryptodreem]

I prefer you not to invest in Altcoin. Since the 1st time the rate were low and no healthy profits. So I suggest you to investigating Bitcoin, its price are high and the benefit earned is more than investing altcoin. Bitcoin is the leader of the market and it is the good decision to invest money in bitcoin.

[Henisusan]

Mining altcoins may be worthy, but you must know the best coins. So far, I think ETH is the best coin to mine. However, you must have the big capitals to buy the miner and all things that you need. They may be pricey. Higher the capitals you put, higher the result of the mining. However, you must be patient. Mining ETH may be good but you cannot make the big profits sooner.

[matico]

Mining is one of the activities that will guarantte your income and posibly good profit in cryptocurrency! These days , mining are becoming profitable and new software  and development are ensuring the mining is becoming optmally profitable!

[januri]

Personally, I think, it can really be worth the time and capital if you mine the right coin and you have the right price for power. if there is no wise decision to mine altcoin. You should go for Bitcoin mining because it is highly recommended to give you good results in the mining business compared to other altcoin mining.

[faadhilah]

If to invest I tend to choose Bitcoint, because bitcoint is the highest value among other crypto currencies, and certainly with bitcoint investment we will get satisfactory results, about the fluctuating situation that I think it's a natural thing in the world of crypto

[UAE Seasider]

Proof of stake does seem to be gaining traction as a way to generate further income from a coin and if you have an adequate amount running a masternode. However I have been trying out mining some nimiq which runs in the background on my machine whilst I am working anyway so no additional bills just a little reduction in processing power.

[bagikoin]

are you sure you and have capital as well as complete facilities to mine? If only playing small certainly will not have the advantage that you can enjoy from mine. be total and remove all the capital you have if seriously want mine new and so can get great results.

[cewekimut]

I don't think to mine the altcoin. It needs very big capitals to buy the tools and equipment and maintenance. The profits are small for some coins. Now, I prefer to focus on bounty or trading the altcoins. It is a good chance to use the opportunities to follow the crypto development.

[Tiigon]

Very feasible if it has its capital, and it is advisable to mine altcoin which is good for the future in order not to waste its mining, because mining is if using the standard capital will be long for its turnover, and is recommended for mining ETH or XMR

[Isaak Brenner]

Monero (XMR) good for mining in this year. I think that price will be 450-550$ by end of this year (today we can see 162$). How do you want to do that? GPU?

[novaprime]

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

mining will bring a lot of profit for you. I have been exploiting large quantities of Bitcoin with a series of mining machines. Its profit for one month is up to over $ 36k.
I do not lie. Hope you will find a cheap power source to be able to exploit the best possible.

[Bulldozer_Boon]

Heya guys

At this point with the market so shaky, is it worth starting up mining Altcoins considering the startup costs, the difficulty levels of various coins right now still working in a PoW system or is it smarter to just invest and trade them like everyone else?
For example the Bitcoin Cash difficulty level is:
Current BitcoinCash Difficulty: 533,490,993,486.88900000
https://www.coinwarz.com/difficulty-charts/bitcoincash-difficulty-chart

The Monero Difficulty level is:
Current Monero Difficulty: 55,349,291,072.00000000
https://www.coinwarz.com/difficulty-charts/monero-difficulty-chart


https://www.coinwarz.com/charts/difficulty-charts

[usd.dev]

If you do not want to invest in computer hardware, then the only way is to PoS. There are no other possibilities. If you want to mine, then I advise you to use video cards and create farms, and once every two years to sell video cards and buy new ones. To buy special miners, this is a very segmental step that can drive you in the period

[princesocapuyo]

Mining is still a good idea even now when the market prices are down, all you have to do is that after you have mined those coins you would have to hold them for a long time for the prices to go back to a high one. Regardless of the low prices now, mining is something that will always bring you coins whether the market is in a bear or a bull market, if you can afford it then you should be a miner.

[montreal]

You did not write the question correctly. It all depends on which altcoin you are going to mine. Which equipment you will use to do that and so on. Correctly prioritize and maybe you will manage to earn.

[Zanuar Erik]

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

excess mining is able to produce altcoin every day. if you want to mine in my opinion it is good. and make sure you mine a good altcoin and prepare the capital to buy mining tools.

[jack05]

I think it's worth, but you need to choose a good altcoin. When bitcoin is growing, altcoins going with him too. You need to choose a nice one.

[sud]

@jack05

Exactly, finding the right coin is the key to get the most profits in mining altcoins game. I think the most important thing is the team and community. The project has to be steadily developed, with clear goal and regular updates and has to have active community that supports it.