Mining Altcoins ?

[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.

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[Kewulea]

Mining altcoins isn't gainful yet, on account of the bear showcase we have altcoins marked down, power isn't shabby, additionally HW for minining costs a considerable measure of cash, so I prescribe preferably to purchase altcoin instead of mining.

[success65]

there are so many firms that you can't beat them . and embarrassed the approximate payback period from one year and above . this is with a positive market .

[lajtman]

I think that idea is really good and profitable. It is possible to make good money on this deal just be more careful and patient for you profit in future.

[dumpesu]

I incline toward you not to put resources into Altcoin. Since the first run through the rate were low and no sound benefits. So I recommend you to examining Bitcoin, its cost are high and the advantage earned is more than contributing altcoin. Bitcoin is the pioneer of the market and it is the great choice to put cash in bitcoin.

[sofmyhad]

Mining alts is not so profitable way of earning and as other participants say it will be dead soon because even in the real time its trends are decreasing.

[Kewulea]

Mining is as yet a smart thought even now when the market costs are down, you should simply that after you have mined those coins you would need to hold them for quite a while at the costs to return to a high one. Despite the low costs currently, mining is something that will continually bring you coins whether the market is in a bear or a positively trending market, on the off chance that you can manage the cost of it then you ought to be a mineworker.

[JohnsonJesse]

Mining is a way to get a few more of your favorite coins. You might have to put in so much time to be able to get something meaningful out of it though. Depending on the type of coin you want to mine, you might be required to have access to some tools and equipment which might be quite expensive to purchase.

[jazz1984]

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

Now it's not the best time for mining, but if you believe that mining will live on or that times of super-profitability will repeat again, now is a good time to buy equipment and prepare it for work.

[fukkkxdfs]

The deal will go away soon, it does't bring so much money like trading bring for example and there are not so many reasons to do it any more time.

[maronalex2]

Mining is still taking part on the cryptomarket but in the smaller way, and mining such profitable altcoins like ETH will be the good alternative for trading and buying.

[kent47400]

If you have a capital of 10,000 USD, then you better trade on Bittrex because Mining is expensive at the cost of electricity.

I suggest you buy SIA coin at 60 satoshi, because SIA Coin is about 150 satoshi and above.

[dadanpradana]

If you want to mine Bitcoin it's very difficult for now, because the competition is tight and lots of cool hardware.
Ethereum might be my advice for you because with Ethereum it's still open for every cryptocurrency mining.

[TitsiCoiner]

I think it's better to buy coins and use the funds that were going to invest in mining, as now the prices are very good, and the extraction of coins now gives a very small profit.

[UnDerDoG81]

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.

In my country, operators are gradually selling their VGA cards, as it is no longer profitable. This prompted me to think about the 2014, when Mt.Gox was hacked but after a few years, people still exploit to profit as a job. So why do we sell it now?

[CandyIzDelicious]

I have told many of my friends who have mined altcoins. profit is very small and capital costs are very large. he suggested to me to become a trader

[mrhood]

I still believe that mining is the safest way to earn money till this moment. I think that people who don't want to trade or be so 'active' here will choose mining as the main way of deal.

[3x1t]

Mining was a mainstream not so far but its popularity is so low now and I think that it is used now only by people who are there for so long time. I am sure that the risk of this doing is the lowest but the profitability is not so high at all.

[Haynes]

I still believe that mining is the safest way to earn money till this moment. I think that people who don't want to trade or be so 'active' here will choose mining as the main way of deal.

If we understand the current financial condition, I make sure I don't agree with mining.
But surely also from mining it produces a coin and we also have to look at the cost of electricity and computer maintenance.

[KarinaMix]

I think it's a great idea, and it's a good time, and I think it's a good time to invest in the future, but know that you're going to have to be patient, because it's going to take time.