TopT3ns
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June 09, 2019, 04:34:14 PM |
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If you plan to mine a coin with low complexity, then you should study this coin well and whether it has a development perspective. Small coins may die.
Small coins usually do die. Its pretty much a gamble. There is a reason these coins are low difficulty, and its either because they are new, have no following or offer nothing special. I've gotten lucky on a couple but most haven't worked out. Some of my friends usually do that. I am casually not really deep in mining but always see their progress. like what you said, when new coin that they mined is good, can make big profit. But if not, it has no value.
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jacafbiz
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June 09, 2019, 06:25:13 PM |
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If you plan to mine a coin with low complexity, then you should study this coin well and whether it has a development perspective. Small coins may die.
Small coins usually do die. Its pretty much a gamble. There is a reason these coins are low difficulty, and its either because they are new, have no following or offer nothing special. I've gotten lucky on a couple but most haven't worked out. I do agree with you that most of theses small coins are likely to die, I don't see reason why he is looking for almost to die coins, we are likely going to see waves of delisting this year and most of these coins are going to be on the list, go with the winning coins, it will worth it long run because the risk is very low
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Kasperiko
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June 09, 2019, 08:58:12 PM |
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Nothing is free. The fact that it is easy to beckon is always worth less and has low liquidity. So you can end up with a bunch of shit that can’t be sold.
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thefaucetrunner
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Defend Bitcoin and its PoW: bitcoincleanup.com
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June 10, 2019, 05:37:43 PM |
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this is my opinion to start mining low difficulty coin which can return you enough profit in the future; just try veil from now on, befor its become difficult to mine...the ggod thing is you can mine veil with very low cost with a huge potential. my second option are Stex, its very simple to mine it, but it is very good concept comes with promising value too.
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viljy
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June 10, 2019, 06:10:37 PM |
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Coins that have a low difficulty a month after the launch are definitely already dead.
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starkovblue
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June 10, 2019, 07:21:46 PM |
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It would not be funny that it sounded but it is a reality. Nobody gives money from helicopters. If somewhere something goes cheap, then there is a reason for it.
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Crypto is a very unique industry, where the line between "deserves to be in jail" and "leading member of the community" is as thin as one-ply toilet paper.
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Temido2222
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June 10, 2019, 08:52:30 PM |
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I mine Veil. It looks like it has potential, and I only have one GPU. Makes sense for me to mine it and hold until it becomes worth something.
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poodle63
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June 11, 2019, 01:04:50 PM |
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If you plan to mine a coin with low complexity, then you should study this coin well and whether it has a development perspective. Small coins may die.
Small coins usually do die. Its pretty much a gamble. There is a reason these coins are low difficulty, and its either because they are new, have no following or offer nothing special. I've gotten lucky on a couple but most haven't worked out. I do agree with you that most of theses small coins are likely to die, I don't see reason why he is looking for almost to die coins, we are likely going to see waves of delisting this year and most of these coins are going to be on the list, go with the winning coins, it will worth it long run because the risk is very low If they were listed on a big exchange and they will be instantly delisted from there but remember most of those small coins are listed on the crap exchange and they will never be delisted until there was a verified scam accusation for that shitcoin. Waves of delisting will not happen.
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cryptomaxsun
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Ukrainians will resist
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June 11, 2019, 02:29:48 PM |
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Never mining one coin for a long time, diversify. Many coins seem promising, they have their own design, ideas, community. For example, Ether1, Nilu, Akroma, Atheios. But over time, the price only decreases, and what we mining and not sold, now costs much cheaper, and there is a risk that the price will never reach the previous level.
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dentolas
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June 12, 2019, 07:35:13 AM |
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The key for this is hours and hours of research... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I also follow crypto-sieve, an experimental free project in which they have a 1050Ti rig working for low dif. coins, and they make regular mining reports / newsletters... they also have a discord in which you can get their insight... worth to check most of these coins die, but some get 10-100x, making it all worth
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Iykecollinz
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June 12, 2019, 11:00:09 AM |
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I think veil is still a low difficulty coin to mine, quite a number of them I have come across, though the profitability of mining such coins should be of importance, should not bother about coins listed on a single, weak and low volume exchange, a lot of persons may be dumping on that particular exchange and fine your energy wasted after a whole period of mining
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l3pox
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There's no need to be upset
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June 12, 2019, 05:59:48 PM |
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Coins that have a low difficulty a month after the launch are definitely already dead.
have you considered that bitcoin started with low difficult? I agree that most of the new launches will end up dead. but some will suceed.
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ivan1975
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June 12, 2019, 08:05:36 PM |
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I agree, now the difficulty of mining Veil is quite low. When the price rises significantly, it will be too late. Catch this moment.
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viljy
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June 13, 2019, 05:49:38 AM |
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Coins that have a low difficulty a month after the launch are definitely already dead.
have you considered that bitcoin started with low difficult? I agree that most of the new launches will end up dead. but some will suceed. When bitcoin appeared, there was not even a concept of high and low levels of difficulty. If other coins, such as litecoin, monero and ethereum, were launched at the same time as bitcoin, what would happen then? What coin would die?
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evenotto
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June 13, 2019, 11:49:35 AM |
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I agree, now the difficulty of mining Veil is quite low. When the price rises significantly, it will be too late. Catch this moment.
I absolutely agree - now it has become much easier. People who have gone from mining veil do not understand what they are losing. Thanks to them for making money in a long-term investment, hehe.
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Temido2222
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June 20, 2019, 08:36:05 PM |
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Veil difficulty has been going up, I'm only getting 9mh/s on my 1070. Hope this pays off, I switched from Grin to this.
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superstarbtc
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June 21, 2019, 07:59:34 AM |
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If you plan to mine a coin with low complexity, then you should study this coin well and whether it has a development perspective. Small coins may die.
Small coins usually do die. Its pretty much a gamble. There is a reason these coins are low difficulty, and its either because they are new, have no following or offer nothing special. I've gotten lucky on a couple but most haven't worked out. Some of my friends usually do that. I am casually not really deep in mining but always see their progress. like what you said, when new coin that they mined is good, can make big profit. But if not, it has no value. Yes, low difficulty coins are completely waste for mining because we don't know how far they will show their potential in developments. If they are very active in developments will help the coin to increase its value that's why we should always research before mining any coin whether it is new or old.
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