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Author Topic: Who is mining right now?  (Read 624 times)
pedangrusak
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August 29, 2018, 11:13:51 PM
 #61

I have stopped mining since May 2018 because coin prices have fallen and if I move forward it only produces a break-even point where I have to spend all the costs on mining but the results are only enough to pay for it
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August 30, 2018, 12:13:22 AM
 #62

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Buying and selling of land and items will be a thing, Grow your gems to be stronger and mine faster.

Their are some cool concepts this dapp that i have not seen in others. Monthly bonus chest like a lotto,
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Mining idle game with silly characters amazing ideas and concepts not found in other dapps period. AMERICAN OWNED AND CREATED Sophophilia.com BRINGS TO US CRYPTOMINERWORDL! REAL ADDRESS REAL IP ADDRESS REAL PEOPLE! BETTER THAN 80% OF DAPPS

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Metamorps
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August 30, 2018, 04:10:01 AM
 #63

Hi!

I have a question. Who is mining right now? It is not profitable right now! But the network's hashrate is still high!
I think being a miner is now the same as suicide, with very high hashrate and low prices, it's really ridiculous if you still want to do it. Will you be able to get profit in this situation?

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phatvo93
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August 30, 2018, 08:24:16 AM
 #64

Hi!

I have a question. Who is mining right now? It is not profitable right now! But the network's hashrate is still high!
Yes...I was mining HOLD coin from 4 months ago, and now it only values 10% price when I bought it.
I think you should choose 1 good coin then focus on it.
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August 30, 2018, 08:46:22 AM
 #65

I think minners are still sleeping for the time being, and whether they will be active again when. because with hashrate as it is now, it is not balanced with prices on the market. if you still add to the situation as it is now, then maybe he just likes it, because profit is just a hoax
BitindaHouse
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August 30, 2018, 09:28:59 AM
 #66

I'm certainly not a trader, but I can answer this question from the height of experience ... What you need to sell if the project you do not relate to the soul, I keep a couple of tokens that have fallen by almost 80% but the belief in them and the project is strong)

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August 30, 2018, 09:32:26 AM
 #67

Mining is a way to make a steady profit, but now that the number and price of Bitcoin is decreasing, the risk of mining is increasing!
Lizzylove1
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August 30, 2018, 09:41:13 AM
 #68

We are set-up a mining rig through a friend but we couldn't mine anything because he complained bitterly about the increase in mining difficulty. 

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August 30, 2018, 11:02:42 AM
 #69

I am mining Ethereum with my gtx1060 rig. It is not very profitable right now but I can mine and hold them. I believe Ethereum's price will increase in near future.
Maxinjauru
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August 30, 2018, 11:37:46 AM
 #70

now mining is so bad choice, becouse fee is more then income.
Soroskatona
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August 30, 2018, 03:44:58 PM
 #71

Thinking about mining Gladius (GLA).
Sounds profitable, its not processing power intensive, but internet upload speed intensive!
cryptoexpress
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September 06, 2018, 08:15:48 AM
 #72

Recently I have mined Litecoin and Monero. And I get a profit from the mining. But mining is very difficult now because mining must use a rig to mine. You cannot do mining with an ordinary personal computer because it will make your personal computer die.
natsu01
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September 06, 2018, 10:12:31 AM
 #73

In my life as a crypto user, investor, and trader, I don't have any experience on doing cryptocurrency mining. I prefer to do bounty campaigns, joining airdrops, and trading cryptos than doing it because there are some mining sites who don't pay you and there are some that needs investments in order for you to get the coins you had mined. This is just my speculations !  Cheesy
Freddy11
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September 06, 2018, 05:49:44 PM
 #74

What is the best mining site today?
jvdp
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September 06, 2018, 06:42:20 PM
 #75

What is the best mining site today?

You mean the cloudmining or mining pool site. We will be find the lose only if you invested on mining field. There is no profit on investing mining field. I was looking to invest on Bitcoin and altcoins mining once.
But nowadays I really feel bad and moved away from mining only few rigs going vfor mining works.

 
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nata2904
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September 06, 2018, 08:04:59 PM
 #76

I think that mining is very profitable, as before. Just sell their coins do not need now, but when the new pump starts.
buonty563
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September 07, 2018, 07:20:35 AM
 #77

Although the exchange rate has declined, the charm of Bitcon as a virtual currency is still brilliant.
Not to mention the existence of virtual currencies other than Bitcoin such as Ethereum, Litecoin, or Dash.
Other virtual currencies are Namecoin, Swiftcoin, Dogecoin, Emercoin, Gridcoin, Omni, Primecoin, Ripple, Burstcoin, MazaCoin, Monero, NEM, Nxt, PotCoin, Synereo AMP, Titcoin, VertCoin, Ethereum Classic, IOTA, SixEleven, Decred, ZCash , ARK Ecosystem, Bitcoin Cash, and Ubiq.
Uniquely, as a virtual invisible currency, various types of currencies can be mined by anyone.
jakezyrus
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September 07, 2018, 07:51:45 AM
 #78

mining sucks right now . id rather do trading and investing than running a miner because it is not really profitable anymore . i will only pay more for the electric consumption rather than earing a few bucks .

what i didnt understand is why there are still die hard people who try to enter the mining scene ? for me , i think mining is only for educational purpose and cant bring any good benifits for you and for the environment .

I'd still prefer doing bounties than mining because of the electricity consumption that increases whenever you mine using GPUs or mining hardwares. I think it is more practical to invest or do bounties at this point.

doing bounty and other activity do also consumes an electricity but it is not big as when compared to when you are using a hardware mining since their wattage is high . doing bounty is also risky than mining because you arent sure if you will get paid or not .
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September 07, 2018, 08:00:51 AM
 #79

I'm out of the mining 4 months now. I could make some more profit then, but I decided to sell my rigs, and I got much better price than I could get now. Im also interested is there any profit at all in mining (Im interested to know about altcoin mining eth, etc, zcash)

Could you please advice, how much money are you spending each month on electricity? And how much money you had invested in the hardware to start mining?
Kevinvaonav
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September 07, 2018, 02:28:08 PM
 #80

in my country there are many small miners who close their mines because of the huge maintenance and electricity costs, while the price of crypto sedan mining products goes down

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