is mortgage mining a good choice

[NurSie]

have you ever heard about mortgage mining? a new coin called bfc. you need to mortgage based on 300BFC/1k before mining or you get only 30% revenue(even 30% is pretty high).

[jasta more]

Its a Chinese ponzie scheme

[adaseb]

I saw this coin mentioned before on f2pool which is actually a very large and popular Chinese pool. I actually used them exclusively years ago when I had my Antminers. They were good because they had PPS and I preferred that over most pools. So I used them for a few years and never had issues, aside from many ping.

So since they are making a pool for the coin and there is a tutorial they made on,
https://blog.f2pool.com/en/mining-tutorial-en/bfc2_en

I don't necessarily think its a scam however its unfair how they make you buy BFC just so you can mine the coin at full speed. Most likely many of these type of "mining mortgage" coins will most likely start coming out.

[vvnbt520]

have you ever heard about mortgage mining? a new coin called bfc. you need to mortgage based on 300BFC/1k before mining or you get only 30% revenue(even 30% is pretty high).

I mining BFC f2pool.com 1080TI * 6  1.24KM

Mining $ 14.64 USDT   BFC/day

https://www.f2pool.com/  Calculator

30 1080TI graphics cards  14.64*5about 73.2 USDT

The CPoW mortgage mining mechanism not only ensures the value of BFC but also reduces market circulation through the mortgage mechanism, as such to realize the long-term rise of BFC.

Many miners are not used to it

[/quote]

[NurSie]

have you ever heard about mortgage mining? a new coin called bfc. you need to mortgage based on 300BFC/1k before mining or you get only 30% revenue(even 30% is pretty high).

I mining BFC f2pool.com 1080TI * 6  1.24KM

Mining $ 14.64 USDT   BFC/day

https://www.f2pool.com/  Calculator

30 1080TI graphics cards  14.64*5about 73.2 USDT

The CPoW mortgage mining mechanism not only ensures the value of BFC but also reduces market circulation through the mortgage mechanism, as such to realize the long-term rise of BFC.

Many miners are not used to it

[/quote]
nice explanation bro, welcome to our tele and discord

[NurSie]

I saw this coin mentioned before on f2pool which is actually a very large and popular Chinese pool. I actually used them exclusively years ago when I had my Antminers. They were good because they had PPS and I preferred that over most pools. So I used them for a few years and never had issues, aside from many ping.

So since they are making a pool for the coin and there is a tutorial they made on,
https://blog.f2pool.com/en/mining-tutorial-en/bfc2_en

I don't necessarily think its a scam however its unfair how they make you buy BFC just so you can mine the coin at full speed. Most likely many of these type of "mining mortgage" coins will most likely start coming out.

well, if we are same to all the other PoW coins, what's the point of inventing mortgage mining? you know where all the other coin ends: miners keep minging and selling short and death of a coin.
Welcome to our tele and discord for more detail information.

[NurSie]

Its a Chinese ponzie scheme

beautiful conclusion Sir

[botmanside]

Its a Chinese ponzie scheme

beautiful conclusion Sir

this is mlm, pyramind, ponzi, fucking chinese scheme and you know about it very well, dont play retarded, because its you "project"

BE CAREFULL ALL OFTHIS!!!!!

[Rabbitermased]

Before starting this type of mining, you need to read all the information and calculate the possible risks. Anything connected with cryptocurrency requires extreme caution and skills. Otherwise, you risk losing your money. Answering the question about a reverse mortgage, I can say that it is a handy thing that allows you to use your property's capital to make various purchases. The most significant advantage of a reverse mortgage is that you don't have to pay off debt every month. Also, with a reverse mortgage, the interest rate is minimal.

[Williamm07]

Another cloud mining in disguise, @Nursie the telegram channel you drop is full of nonsense like deleted accounts and spams, if you are a newbie pls make sure you know what you are doing, this isn't a right way to acquire crypto coins.

[FP91G]

This is a very old topic, why continue discussing dead coins? Miners are not interested in these topics. if you are interested in coins with Proof-of-stake algorithm, then look for them in Alternate cryptocurrencies.
https://bitcointalk.org/index.php?board=159.0