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Author Topic: High Profits from Mining – Explained by Pieta Team  (Read 212 times)
pieta.network (OP)
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August 12, 2019, 06:06:10 AM
Last edit: August 12, 2019, 06:39:47 AM by pieta.network
 #1


Pieta project takes the community benefits very seriously and therefore has devised a careful plan to ensure benefits for everyone who is involved with the project or platform in any way.

Pieta platform revenue sharing, mining profitability, point of sale marketplace, coin trading are some of the common benefits of the ecosystem.

Here we explain the mining benefits of the Pieta ecosystem.


How is Pieta mining profitable?


Besides saving the environment, increasing the profitability of miners is the primary aim of the Pieta ecosystem.

We very well know that the current process used for crypto mining is not nearly efficient, as it involves high energy consumption and produces limited benefits. For instance, the mining of bitcoin requires several hundred kilowatts of energy per year. Moreover, as the mining difficulty increases, so will the energy consumption, while the profitability or returns will further decrease.

To cope with this issue, Pieta has developed a different kind of mining system where new and old cryptocurrencies would be mined using eco-friendly and cost-effective solar energy.

The benefits of the Pieta mining system are immense. It will not only reduce the detrimental effects of mining on the ecosystem by stopping the use of non-renewable energy sources such as coal and gas for crypto mining but also it will reduce the cost of mining by availing cheaper solar energy to everyone involved. The cost reduction will result in increased profitability for the miners.

Pieta is also developing customized mining rigs which will operate via solar energy, thus enabling users to mine cryptocurrencies in a safe and profitable manner. To further increase the profitability, Pieta will sell these customized mining rigs at a very low price. Moreover, those using Pieta tokens for payment when purchasing Pieta mining rigs (HashRate contracts) will be given an additional discount of up to 20%.

Pieta is the first mining system to use the new X20 algorithm for reducing energy consumption in mining. The X20 algorithm is designed to keep the mining hardware cool, thus increasing the life of the equipment and limiting energy consumption. This will further add to the profits of the miners in terms of higher returns at lower input costs.

Investors who choose to purchase Pieta tokens at the ICO stage will be given exclusive access to the Pieta’s eco-friendly mining system. They will also get interesting discounts on their purchase of mining contracts.

Pieta token will soon be traded for Pieta coin, which is a mineable cryptocurrency. This means one can use Pieta tokens to buy the mining hardware and contracts in order to mine more Pieta coins.

The mining of Pieta coins is going to be a very easy and profitable activity, for both new and existing investors. So, buy Pieta tokens today to be able to mine more profitable coins tomorrow. You can invest in the Pieta token Now


Check whitepaper here: https://pieta.network/WhitePaper.pdf

Follow us on social media for the latest updates about the project:

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https://www.youtube.com/channel/UCNCcxW9MwZc6UFqdPhuBkAg/featured

▰▰▰▰   Pieta Network  ▰▰▰▰
▰▰▰▰ Pieta An Ecosystem for Solar Powered Crypto Mining on Blockchain. ▰▰▰▰
◆◆◆ Whitepaper ◆◆◆   ◆◆◆ Ann Thread ◆◆◆   ◆◆◆ Telegram ◆◆◆
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August 12, 2019, 12:26:58 PM
 #2

see the conditions now, is it still possible to get profit from mining? whereas if calculated the cost of electricity is now expensive. I have tried and have never returned capital

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August 12, 2019, 07:05:49 PM
 #3

in which country is this done? I did not find any information about it. I understand correctly, that currently there is no corresponding infrastructure? Thank you

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August 13, 2019, 12:48:34 PM
 #4

see the conditions now, is it still possible to get profit from mining? whereas if calculated the cost of electricity is now expensive. I have tried and have never returned capital
Although it is not too big but I know that mining can still make a profit now, because some of the prices of coins that are usually mined like bitcoin and ethereum are in good price conditions.

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August 13, 2019, 03:59:17 PM
 #5

see the conditions now, is it still possible to get profit from mining? whereas if calculated the cost of electricity is now expensive. I have tried and have never returned capital
Yes it is as long as you are still taking a lot of considerations before try to mine crypto. Some sources have claimed x20 will be more conservative compared with the old algo like x11 but i still don't believe it consider about the majority of articles were saying positive about X20 algo has been made by pieta itself or has a purpose to shill Pieta.
But i just curious about what is the purpose of this new coin with new mining ago when it was still raising the funds from ico?
https://pieta.network/
this one looks suspicious. 

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August 13, 2019, 05:12:17 PM
 #6

see the conditions now, is it still possible to get profit from mining? whereas if calculated the cost of electricity is now expensive. I have tried and have never returned capital
Yes it is as long as you are still taking a lot of considerations before try to mine crypto. Some sources have claimed x20 will be more conservative compared with the old algo like x11 but i still don't believe it consider about the majority of articles were saying positive about X20 algo has been made by pieta itself or has a purpose to shill Pieta.
But i just curious about what is the purpose of this new coin with new mining ago when it was still raising the funds from ico?
https://pieta.network/
this one looks suspicious. 
It really looks suspicious that's why I don't bother to look up or go deep even more. About or talking on mining,profitability will vary on lots of factors specially electricity.
Most people do talk about its non profitability but looks of it ,lots of miners do still consider this field because not all places do have the same price when it comes to energy source.

R


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August 14, 2019, 06:02:25 PM
 #7

Have you tried the concept of solar powered crypto mining that you offer? because so many mining projects have died, almost none of them are able to withstand current market pressures.
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August 14, 2019, 09:05:56 PM
 #8

hello Pieta team,first i cant see anything information about how to get high profits from mined Pieta coin,
u just say stupid chit chat.
also about ur tokensale , did that true u given 100% bonus ?
holy cow.

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August 14, 2019, 09:46:42 PM
 #9

What Pieta team did is that they'll be trying to attract investors and of course, they never show how much will be expecting for possible expenses generated. If we experience mining before, we know already it is costly and not really profitable. Better to be in trading, much high possibility of investment returns rather than to risk a huge amount for mining.
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August 27, 2019, 11:55:30 AM
 #10

see the conditions now, is it still possible to get profit from mining? whereas if calculated the cost of electricity is now expensive. I have tried and have never returned capital

Good that is why we are introducing the use of solar panels to lessen electricity bills. The cost of electricity is really outrageous nowadays

▰▰▰▰   Pieta Network  ▰▰▰▰
▰▰▰▰ Pieta An Ecosystem for Solar Powered Crypto Mining on Blockchain. ▰▰▰▰
◆◆◆ Whitepaper ◆◆◆   ◆◆◆ Ann Thread ◆◆◆   ◆◆◆ Telegram ◆◆◆
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August 27, 2019, 11:59:13 AM
 #11

see the conditions now, is it still possible to get profit from mining? whereas if calculated the cost of electricity is now expensive. I have tried and have never returned capital
Although it is not too big but I know that mining can still make a profit now, because some of the prices of coins that are usually mined like bitcoin and ethereum are in good price conditions.

Correct!

I love this

Thanks so much for the support mate. To make Pieta Global we need our Communities support Big time. The likes of Bitcoin and Ethereum and their development weren’t just achieved in a single day

And with the integration of Solar Panles to replace subsidize electricity bills. Pieta is on the Run!

▰▰▰▰   Pieta Network  ▰▰▰▰
▰▰▰▰ Pieta An Ecosystem for Solar Powered Crypto Mining on Blockchain. ▰▰▰▰
◆◆◆ Whitepaper ◆◆◆   ◆◆◆ Ann Thread ◆◆◆   ◆◆◆ Telegram ◆◆◆
pieta.network (OP)
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August 27, 2019, 12:04:40 PM
 #12

see the conditions now, is it still possible to get profit from mining? whereas if calculated the cost of electricity is now expensive. I have tried and have never returned capital
Yes it is as long as you are still taking a lot of considerations before try to mine crypto. Some sources have claimed x20 will be more conservative compared with the old algo like x11 but i still don't believe it consider about the majority of articles were saying positive about X20 algo has been made by pieta itself or has a purpose to shill Pieta.
But i just curious about what is the purpose of this new coin with new mining ago when it was still raising the funds from ico?
https://pieta.network/
this one looks suspicious. 

Suspicious

I don’t think anything is suspicious here Pietacoin will be used to carry out this services and our use case is very simple and easy to understand

Pieta will eradicate the use of Electricty for Mining, You mine BTC or ETh for years wasting lots of KW and end up getting nothing in return

Sometimes you end up loosing so much that you have profited in mining

▰▰▰▰   Pieta Network  ▰▰▰▰
▰▰▰▰ Pieta An Ecosystem for Solar Powered Crypto Mining on Blockchain. ▰▰▰▰
◆◆◆ Whitepaper ◆◆◆   ◆◆◆ Ann Thread ◆◆◆   ◆◆◆ Telegram ◆◆◆
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August 27, 2019, 12:08:05 PM
 #13

see the conditions now, is it still possible to get profit from mining? whereas if calculated the cost of electricity is now expensive. I have tried and have never returned capital
Yes it is as long as you are still taking a lot of considerations before try to mine crypto. Some sources have claimed x20 will be more conservative compared with the old algo like x11 but i still don't believe it consider about the majority of articles were saying positive about X20 algo has been made by pieta itself or has a purpose to shill Pieta.
But i just curious about what is the purpose of this new coin with new mining ago when it was still raising the funds from ico?
https://pieta.network/
this one looks suspicious. 
It really looks suspicious that's why I don't bother to look up or go deep even more. About or talking on mining,profitability will vary on lots of factors specially electricity.
Most people do talk about its non profitability but looks of it ,lots of miners do still consider this field because not all places do have the same price when it comes to energy source.


This is very true

I appreciate all your contributions to this

But from research I have made 95% of Cities, Countries and Areas in the world today charge more for electricity supplied than consumed

The bill is outrageous and too high

No matter how cheap you get them or how you get them you can’t still compare this with the use of Solar to get the Job done

There has been lots of improvements in X20 unlike X11 and the likes

▰▰▰▰   Pieta Network  ▰▰▰▰
▰▰▰▰ Pieta An Ecosystem for Solar Powered Crypto Mining on Blockchain. ▰▰▰▰
◆◆◆ Whitepaper ◆◆◆   ◆◆◆ Ann Thread ◆◆◆   ◆◆◆ Telegram ◆◆◆
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August 27, 2019, 03:03:04 PM
 #14

Maybe it is better if you talk about mining there are important factors that must be prioritized namely environmental factors. Will the accommodation offered have a good impact on environment as A objectives of this project ??

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