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Gorosden
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May 31, 2020, 11:39:32 AM
 #1

I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like

1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor

All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on

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Convery
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May 31, 2020, 11:54:23 AM
 #2

I do not know about any of a coin what have you listed here amd you should also leave them all because what is the value behind the coins? PoW is the best consensus what we have, it brings a real value to the coin because miners have to spent something to get a coin.


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May 31, 2020, 11:55:10 AM
 #3

Cryptonight coins were ones much popular with CPU and GPU miners. The early miners of Monero made some good profit. There were a few other CPU mineable coins that got some price after a time but I don't think any of the mineable coins have got any success after 2018. Electroneum and Grin as well to some extent NIM were profitable a bit ago and now with increased price, they are also getting difficult to mine.

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May 31, 2020, 12:02:46 PM
 #4

This is the risk of mining small shitcoins and if I have a chance to mine I will always go for the top coins because that is more profitable and can cover all your expenses. Mining is not easy mate, so you should know what you’re doing and if you think you’re not earning in mining anymore, start looking for a better alternatives.

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May 31, 2020, 12:03:50 PM
 #5

It is unfortunate, even though in 2018 there are already many Altcoins that are better to be mined than the Altcoins you mentioned, if we look at 2018 there are indeed very many new Altcoins that are born and die at this time, so why don't you choose Altcoin that has value in at that time ? if you choose Altcoin which is valuable at that time, then you are already very rich.
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May 31, 2020, 12:06:42 PM
 #6

You choose the wrong coins, mining new coins is just like looking for new coins to buy and hold, you need to do research on the coins before mining them, don't just mine because their mining difficulty rate is very low, I mined coins like LOKI and ETN and I make lots of gains from these two coins
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May 31, 2020, 12:07:43 PM
 #7

Sorry about your loss, I am confusing how you fund those shit?, how you manage to cost your electricity before if you don't sell it?

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May 31, 2020, 12:14:03 PM
 #8

Thats why its better to just ignore noname shitcoins
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May 31, 2020, 12:20:49 PM
Last edit: May 31, 2020, 12:43:01 PM by SyndicateLabs
 #9

I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like

1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor

All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
If these coins have died since 2018, then I believe you are wasting time and electricity on these projects. You will not be able to profit when mining dead coins. Focus on the top altcoins in this market because in the long run its price will definitely increase and make you profitable.

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May 31, 2020, 12:23:51 PM
 #10

I thought that before try to mining those crap coins and you should have known the risk that you will be faced it when you were trying to deal to mine crap coins.

People have a different opinion than you and there are so many people choose to mine trusted coin rather than bet into the crap coin. 

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May 31, 2020, 12:41:44 PM
 #11

I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like

1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor

All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
That's right, never mine shitcoin in this market. Its price will quickly collapse in the future and make you not get much profit. And if you hold them in the long term, they will surely die. Time and money should be spent mining or investing in top projects in this market

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May 31, 2020, 12:55:18 PM
 #12

now there are so many coins left behind and dying, not only mining but there are also investors who lost their money because they chose the wrong coin to invest, before we mine or invest, make sure the quality and prospect of the coins we will invest first.

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Iyeman
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Sovryn - Brings DeFi to Bitcoin


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May 31, 2020, 12:57:36 PM
 #13

now there are so many coins left behind and dying, not only mining but there are also investors who lost their money because they chose the wrong coin to invest, before we mine or invest, make sure the quality and prospect of the coins we will invest first.
OP might have learned a lot of lesson from here. It looks like that he will never try to do that again. he was wanna trying to get the chance to expect a lot from those coins while the probability to be the shitcoins even more than the change to be a legit coin.

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killerfrost
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Crypto Stake


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May 31, 2020, 01:10:15 PM
 #14

Most altcoins are dead, especially the altcoins that use mining. I've also wasted time with bullshit altcoins investing in mining and masternodes in them. In the end, their prices dropped hundreds of times and made me suffer heavy losses

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coinsycrip09
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Official Street Team member


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May 31, 2020, 01:14:07 PM
 #15

very unfortunate it turns out you are on a project that failed or can also be said to be a scam project.
you should be wiser in choosing projects. this time before starting to work on a project you should have to check it first. whether the project has the potential to develop or instead will become a junk project. check beforehand so that you don't waste your time.

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oli123
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May 31, 2020, 01:56:27 PM
 #16

Cryptocurrencies with algo cryptonight is very much and originated like mushrooms after rain. Unfortunately, many of them were worthless and disappeared as quickly as they arose. Personally, I think it is always the risk that will be successful.
Verifying basic things like the support team and the project as a whole can be helpful - This helped me, for example, with the X-cash project. After a short time, it will become clear whether it makes sense to do mining.
Yes you are right it is better to mine coins that are verified. But it is also good to monitor new projects, because there may also be a project that will be successful in the future. I would not lose hope in serious new projects - with different algorithms.
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Crypto is not a religion but i like it


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May 31, 2020, 01:58:23 PM
 #17

You brought a pile of shitcoins and say that it is not necessary to mine them. It seems that you did something that you were not asked to do - you said the obvious thing for everyone that no one else is doing. Is everything okay?
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MegaBSC


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May 31, 2020, 02:01:45 PM
 #18

That is a valuable lesson for you. Never mine small altcoins in this market, they will never make you profit. And just as you say, we should only invest and mine the top altcoins in this market to ensure profit.

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May 31, 2020, 02:07:32 PM
 #19

I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like

1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor

All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
I myself have never heard the names of the tokens that you write, even when in 2018 I have never seen them at all, it's only right that now they are dead and the team ran away, it is hard to believe they have made you really lose.
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May 31, 2020, 02:07:50 PM
 #20

make this as a lesson and experience so as not to do the same thing for the future, hopefully all users here can learn from your bad experiences in the crypto world because work without results is the thing we hate the most in life.

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