Aleeyou (OP)
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May 03, 2019, 02:20:28 PM |
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Hello , i want to know if mining is worth it and what are the best cryptos to mine ? What kind of hardware is worth to buy with a minimum budget, I've done some research online but the numbers are not the same , any suggestions would be good.
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BitcoinHodler
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May 03, 2019, 02:37:22 PM |
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check out the mining board, there are good topics there which you can read and gain more information: https://bitcointalk.org/index.php?board=160.0there are also online "calculators" which you can also use to calculate how much profit you can earn (if any) based on your hardware (hashrate) and electricity cost plus the difficulty of different coins. an example site is this one: https://whattomine.com/in the end it will come down to your costs and your choices. for example choosing coins that are getting pumped and mining them to dump at their pump peak is going to be more profitable. in my opinion it is not worth it to enter mining if you don't have extremely cheap electricity even if you have a medium level cost and can make it profitable.
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kindbtc
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May 03, 2019, 02:47:26 PM |
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I think withthe increasing prices btc mining has become somewhat profitable again and this can also be confirmed by the fact that some of the biggest mining firms have started mining btc again about devices and profit ratio you can check genesis mining packages to get an idea.
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Jating
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May 03, 2019, 02:55:19 PM |
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Hello , i want to know if mining is worth it and what are the best cryptos to mine ? What kind of hardware is worth to buy with a minimum budget, I've done some research online but the numbers are not the same , any suggestions would be good.
Depends on what altcoins you going to mine, the cost of your electricity, the hardware you gonna get. Someone provide you a link and a calculator, go check it out and see what fits your goal. Remember though that it might take you months or even years to make a good ROI, so just be patience and keep going until you see some positive balance in your wallet. There is also this thing called Masternode, maybe you're interested so explore it. Goodluck to you.
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Adriano2010
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May 03, 2019, 04:25:12 PM |
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Depends on what you want to mine, if electricity is cheap enough you should search a calculator and see how much you can mine and if you can make a profit, and how much you want to invest, i started with USB MLD 2 and i mined litecoin but they not have high hashrate and the profit is low and when market go down i was in a loss if i sell at the end of month because the price of electricity.
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kenelmark
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May 03, 2019, 04:42:09 PM |
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Sorry, I have never done mining in crypto, so there is no suggestion that I have to give, maybe you can get advice from others about mining for crypto which is good, if mining is very promising for success I will also try it.
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TobiasVR
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May 03, 2019, 04:44:09 PM |
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Hello , i want to know if mining is worth it and what are the best cryptos to mine ? What kind of hardware is worth to buy with a minimum budget, I've done some research online but the numbers are not the same , any suggestions would be good.
mining has many advantages, but the risk must also be needed because mining requires a large amount of money in any way. mining ethereum is the safest and can be used as a choice for miners
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mirgo1791
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May 03, 2019, 04:47:22 PM |
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as parties with the altcoin mining have with use of selection on tools and application to work on tasks with the mining, different unit on identification with the strings on appeals as indicating use with contrast of value on constants to gives of reference on one with the priors to put on ranks of efforts as working with the scheme on plan with altcoin investment.
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ajqjjj
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May 03, 2019, 04:52:23 PM |
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Hello , i want to know if mining is worth it and what are the best cryptos to mine ? What kind of hardware is worth to buy with a minimum budget, I've done some research online but the numbers are not the same , any suggestions would be good.
You want to start hard drive mining it is safer way to buy some product and start mining our own electricity. But current situation many countries electricity cost was too high so most of new starters are carefully check. So you can analyse our own way is the right decision. But If you want some exact details about the Hard drive mining and online mining surely all are help to you.
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watergold
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May 03, 2019, 05:27:05 PM |
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I think mining in the current situation is just throwing away your money because in reality only the loss that you will get is not profit,the high cost of electricity is not balanced with income
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tsaroz
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May 03, 2019, 05:29:20 PM |
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Hello , i want to know if mining is worth it and what are the best cryptos to mine ? What kind of hardware is worth to buy with a minimum budget, I've done some research online but the numbers are not the same , any suggestions would be good.
It could be worth something if you found a promising coin in it's early stage. For my own example, I made quite a profit mining biblepay.. But competing for hashes for largely mined coins would be nearly impossible for individual miners. If you mean to start a profitable mining farm, you should start big.
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fndsr
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May 03, 2019, 05:43:04 PM |
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if you have minimum funds, I suggest for Clound Minning only, with Clound Mining you don't have to bother to prepare mining tools, but the profit you get depends on the hashrate you buy
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Tipstar
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May 03, 2019, 05:44:52 PM |
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Hello , i want to know if mining is worth it and what are the best cryptos to mine ? What kind of hardware is worth to buy with a minimum budget, I've done some research online but the numbers are not the same , any suggestions would be good.
It depends on what you mine and where you mine. Depends on the cost of electricity, equipment and maintenance. If you reside in a country with cheap electricity, you can order a number of miners and start making profit from it. Some algo and new coins still could be mined from gpu.
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H0USE
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May 03, 2019, 06:03:56 PM |
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if you have minimum funds, I suggest for Clound Minning only, with Clound Mining you don't have to bother to prepare mining tools, but the profit you get depends on the hashrate you buy
I dont think clound mining is a good choice in this world anymore when most of Clound mining are useless nowadays even when we use money to buy higher hashrat, it is still too small for us to withdraw, in contrast, mining using computer hardwares is more popular in this world, but still have a hard life when the market is in down trend, so i still think crypto mining by computer hardwares is good enough only when the market is green.
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Chacha1000
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May 03, 2019, 06:21:59 PM |
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Crypto mining is really worth it as long as you have what it takes. By what it takes i mean your time and energy and also being diligent.I will suggest Clound mining
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Pamadar
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May 03, 2019, 06:26:49 PM |
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I assume that you already done reading things about electricity expenses and the cost of those equipments that you needed, because from there you will be able to find on your owned if mining still profitable, if you are still convince to proceed best to find new coins that have good potentials as there's still few miners and the stake will be much higher.
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rizkyhiw
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May 03, 2019, 06:27:41 PM |
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Hello , i want to know if mining is worth it and what are the best cryptos to mine ? What kind of hardware is worth to buy with a minimum budget, I've done some research online but the numbers are not the same , any suggestions would be good.
Depends on what altcoins you going to mine, the cost of your electricity, the hardware you gonna get. Someone provide you a link and a calculator, go check it out and see what fits your goal. Remember though that it might take you months or even years to make a good ROI, so just be patience and keep going until you see some positive balance in your wallet. There is also this thing called Masternode, maybe you're interested so explore it. Goodluck to you. Yes it is a very precise specification where all of your after-mining needs and costs, learn more and round your trust to mine because market conditions don't continue to get more benefits as you think and coins that are valuable for mines like Bitcoin or altcoin above back again it can't be done quickly, there may be other options for that.
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chaoscoinz
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May 03, 2019, 06:31:36 PM |
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Hello , i want to know if mining is worth it and what are the best cryptos to mine ? What kind of hardware is worth to buy with a minimum budget, I've done some research online but the numbers are not the same , any suggestions would be good.
I think it's still worth it to mine if you're after some altcoins. But mining Bitcoin might require a warehouse of miners to make good profit. I could be wrong though.
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IParn
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May 03, 2019, 06:46:31 PM |
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I would not advise mine right now. Because the equipment is expensive and electricity too. This has become a very unprofitable business. Even China wants to give it up. I see no point in mining if you can trade.
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