do you do mining or staking?

[Karilosis44]

there is many staking or mining coins.
staking coin like Tron or Vechain
or software mining coin like Pie or Pando

i do software mining with pie and pando both but
i have Tron and Vechain more than them.
but i stock them in exchange. because it is not easy to respond quickly.
and.. Pie or Pando, i just gathering through app or browser. i just keep it still.
but i don't know whether it can be big money or not.
Pando was listed on Bittrex but Pie is not yet.(i think Pie have no plan to register on exchange)

i just want to hear your investing strategy with staking or software mining,

[1715097390]

1715097390

[1715097390]

1715097390

[nykka]

Traditional mining is quite old for me, so I prefer staking for now. There are many projects which offer really good APY. I`m an investor and holder Elrond and Avalanche, so I`m staking these tokens right now. Elrond provide staking with incredible 29%(officially) and 25% (in reality) and Avalanche offer about 12% APY. It`s a really good opportunity to multiply tokens which I`m holding.
DeFI sphere have much more bigger APY, but I don`t trust it, so I prefer traditional staking and earning on it

[Dariusburst]

The problem with proof of stake coins is maintaining a good value for a long time, many POS coins have lost so much value with short time of their existence, imagine buying 1000 pieces of a coin for 1000$ to stake for 6 months and 12 months and before that cycle runs out the token or coin is already trading at 0.5$ aren't you still in loss even when you get your POS reward??

[zasad@]

https://www.stakingrewards.com/
Staking has one serious drawback - it's unlock time.
The time of unlocking is different for each coin - from several weeks to several months. And during this time, the price of the coin can drop dramatically.
In a growing market, I think there are more opportunities to earn money without staking.

[blockman]

That pie has been long to be advertising itself through several social media and yet they are not yet listed anywhere? It's not the real mining that we see for generating and confirming transactions. They are making you look like mining it so you can enjoy it even if it seems that you're wasting your energy and your phone's performance which lessens the lifespan of it. And if you're staking on exchanges, I don't think it's a nice idea if you have the choice to stake it to a wallet that you have the private keys.

[bittick]

You wanna say PANDO is better and another coin is not even better than pando, right? another advertisement thread and it looks like you are a new account that created by the same person to do promotion for pando coin.
That could be true story. lol

[cabron]

Holding Vechain in the wallet is automatically like staking as it generates VTH tokens, its however not very valuable compare to NEO because GAS seem to have good value.

There ar several staking coins and it doesnt need a device that needs maintenance when mining, this is why I chose staking. Staking EOS gives you passive EOS income. Just as you stake Waves token.

[Novatech8]

The problem with proof of stake coins is maintaining a good value for a long time, many POS coins have lost so much value with short time of their existence, imagine buying 1000 pieces of a coin for 1000$ to stake for 6 months and 12 months and before that cycle runs out the token or coin is already trading at 0.5$ aren't you still in loss even when you get your POS reward??

I feel your worries mate, if you have to stake a coin make sure it's one of the best, I believe this is the perfect advice I can give anyone, look into a altcoin that will always recovers no matter how bad the market situations may be, for example NEO is awesome

[bassbity]

I think this type of mining, is not a big guarantee for you. This is the era of 2021 in which big miners will replace small power supplies. Don't let you waste your time just because of mining like this, I'm sure over time fake mining will be eroded by the big mining companies today. remember the supply has decreased and the price will soon break above 50,000. if you want to focus, then focus on how to own bitcoin from now on, and develop even more.I think this type of mining, is not a big guarantee for you. This is the era of 2021 in which big miners will replace small power supplies. Don't let you waste your time just because of mining like this, I'm sure over time fake mining will be eroded by the big mining companies today. remember the supply has decreased and the price will soon break above 50,000. if you want to focus, then focus on how to own bitcoin from now on, and develop even more.

[semobo]

Mining is profitable if the miners are capable of holding their mined coins until the bull run arrives but most of the individual miners lost their interest since most of the altcoins are not generating any income to them but they end up paying expenses from the pocket.

On the other hand, staking is good because it gives a small number of returns when you lock your crypto on a certain exchange for a particular time but what will you do if the fiat value of staked coins are losing while you staked, it still going to be a total loss.

[JeotQ]

Mining is profitable if the miners are capable of holding their mined coins until the bull run arrives but most of the individual miners lost their interest since most of the altcoins are not generating any income to them but they end up paying expenses from the pocket.

On the other hand, staking is good because it gives a small number of returns when you lock your crypto on a certain exchange for a particular time but what will you do if the fiat value of staked coins are losing while you staked, it still going to be a total loss.

It's even a different story right now for miners, they don't have to mine and hold, even old gpu are Profitable for mining presently, if your miner can produce as little as 15mh per second you are still in for some profits, I'd choose mining over staking because it ease the mind, you can decide to sell instantly or hold

[CuriousGeorge]

I was only doing staking and it's much more profitable compared with mining. I have sold my mining rig a few years ago and i never do that again. mining is not worthy to be done by the small miners.
POW coins become very hard to be mined. BTW so many platforms are also moving to the POS system too.
That makes POW will not relevant again.

[Sterbens]

 I am still trading and have no interest in mining or betting. many investors might be interested but not Pie and Pando. Moreover, how long Pie will want to make the hopes of many people buried and not leave anything to be reaped.

[Sirait]

^ I'm actively using the staking program on Binance https://www.binance.com/en/earn#flex-item. even though it didn't give me a big profit but slowly I was able to collect more tokens from staking share. but one thing I don't like about staking is the possibility that the value of the tokens we put on staking decreases.

[youdacapt]

Some people call it farming, some staking and that is what i have been doing lately on the tron blockchain and also on the binance smart chain. For a month now i have been staking Cake tokens into different pools on the pancakeswap platform to earn more cake and other tokens.

While on the Tron platform, i am staking into eft and ume pools to farm them daily; while also staking tron to make tron daily (passive incomes). I will advise that if at the moment you are unable to get a mining device; you can stake and make passive incomes.

BS: Please do your own research as i have stated just my personal experience.

[semobo]

Mining is profitable if the miners are capable of holding their mined coins until the bull run arrives but most of the individual miners lost their interest since most of the altcoins are not generating any income to them but they end up paying expenses from the pocket.

On the other hand, staking is good because it gives a small number of returns when you lock your crypto on a certain exchange for a particular time but what will you do if the fiat value of staked coins are losing while you staked, it still going to be a total loss.

It's even a different story right now for miners, they don't have to mine and hold, even old gpu are Profitable for mining presently, if your miner can produce as little as 15mh per second you are still in for some profits, I'd choose mining over staking because it ease the mind, you can decide to sell instantly or hold

You are talking about the current market condition but what if we undergo bear run fir the next few years, miners have to keep running but they can't pay the electricity expenses due to less price of the coins they are mining.

We should keep in mind that mining is also a long term investment so don't expect to reap your profits every month.

[eaLiTy]

i just want to hear your investing strategy with staking or software mining,

There is a large group of investors and cryptocurrency enthusiast who are not willing to burn my machine using software mining, the fact is that unless you are not having specific equipment to mine the coins it is no way profitable as it will burn your laptop. When it comes to staking there might be coins that will give you the profit and even if i am forced to do from either you mentioned i will stake the coins rather than burning my hardware.

[Dutchyyy]

I'm staking as many coins as possible on 7-days cycles. There are plenty of options for 10-15% APY, and I cannot force myself to miss it.
I tried mining a long time ago and figured out that the mining game is not for me.

[JNR]

i do staking and trading buddy, and never mining
for daily or weekly income i do trading, but for long term hodl i will stake my coins, such as trx, eth and more

[goaldigger]

Staking is the new trend right now because almost the new project implement this program and for me, this is a lot more convenient compare to mining and staking are more affordable. I have a very limited experience about mining since one of my friend are doing this before but knowing the cost of one rig makes me think for a better solution and its good to have staking option seriously.