Mining Altcoins ?

[iryboy]

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

Personally, I think mining is not profitable unless you have some really deep pockets for the latest mining equipment. And coins like XMR can change algorithm formula anytime.

[TorbjornE]

If I bought a year ago instead of mining equipment bitcoins, then I would earn several times more. As this year will not know, but in view of the emergence of ASIC for zcash probably still less profitable.

[Persiville]

Remember to take into account your cost of electricity. If your computer/server is running anyway, you might as well have it spend its free time mining altcoins, but every dedicated machine you buy will cost you extra power to run.

Yeah i agree. You must also know that you need to have better equipment and resources when you start mining, and besides you must also now that it will cost a lot of money. So if you have already summed up all your expenses and is already ready, then you can start it, but mining of altcoin is not that really profitable for now IMO.

[sakuragi21]

it's good to be mining especially if bitcoin is high today for altcoin prices but right now it's a good idea to minimize today's better mining when the price of bitcoin is expensive because mining is expensive but it's also great mining kit

[agusiska]

i think mining was worth to try, when market was drop so mining was an alternatif for us to still get profit by doing some mining besides trading.

[sikaola]

You will be paid well if you have the knowledge to choose the form of exploitation
There are bonus campaigns and airdrop events for you to join free operators

[Ociwiw]

In my opinion, you need to invest in the altcoy themselves, and not in their prey, it will be more productive!

[pazzanegro]

Depends on what you are going to mine and what hardware to use... Mining is stable activity, check electricity prices and find out what to mine at whattomine.com

[Emperor of Man]

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

Depends on many factors. The local price you pay for electricity, how much you're paying for equipment, the weather and how difficult it is to keep the equipment cold, and most importantly, how much is your ability to hodl your altcoins for the right moment and not selling them immediately.

Mining worked perfect years ago. These days with higher difficulty it's hard to say, but I believe it's still good if you add hodling to it. 

[bummm]

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

Mining altcoins is a very profitable thing if you have a very cheap electricity. You invest once in the equipment, and then you start to mine your alts. However, you should be ready to be in profit not very soon.

[joesastro]

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

According to this, it is very profitable. if not why people mine the coin. but it also depends on your capital, your hardware to mine.
indeed it is also there are risks. But you have to do it carefully.

[InvestICO2L]

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

Depends on many factors. The local price you pay for electricity, how much you're paying for equipment, the weather and how difficult it is to keep the equipment cold, and most importantly, how much is your ability to hodl your altcoins for the right moment and not selling them immediately.

Mining worked perfect years ago. These days with higher difficulty it's hard to say, but I believe it's still good if you add hodling to it. 

Exactly. The price that you have to pay for electricity is much high, in my country almost miner all complain about the price this year because it increased significantly. There are many good coins to do mining such as Vertcoin, Hodl coin, Verge and so on . I give you an offer to mine Vertcoin. It includes some reasons. First up, you have much more convenient when mining vertcoin, anyone may mine it to get a benefit. Especially you are able to mine it with a normal computer. Next, Vertcoin uses lightning network for instant blockchain transactions. In a nutshell, you would have more advantages when mining vertcoin. However, I advise you to find more information and have an intimate knowledge before mining any coin.

[Nell Theres]

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

According to this, it is very profitable. if not why people mine the coin. but it also depends on your capital, your hardware to mine.
indeed it is also there are risks. But you have to do it carefully.

[GFE]

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

I suppose mining is more suitable for big farms. Having 1 miner at home is not so good due to small mining capabilities and rather big equipment cost 

[xminer2014]

No. Even if you have cheap electricity it will take ages to ROI, you may never ROI, the cost of GPUs is too high now.

[a_t_e_e_b]

no not now a few years back it was a good idea but not now the price of all the expenses is nuch more than what would one get in return and all the government policies have made it even more difficult

[modamo]

That is worth to mine Eth nowdays. And of course with cheap electricity. Money you spent for making farm came back in a few months.

[Username741]

Yeah, mining is totally worth every single penny that you put into it, so do it. I suggest to you to mine ethereum, pretty good coin

[flowerofsun12]

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.

[sensei]

It is reckons on the coinage you hope symbolising to lode. And symbolising me thither was no fortunate creature in defense altcoin as of utter payment of unlisted coinage and ofcourse you should deposit brobdingnagian immensities of uppercase to accept a fortunate defense pc.