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Author Topic: What do you guys think about Aleo Mining?  (Read 73 times)
code2009 (OP)
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December 20, 2022, 06:24:51 PM
Last edit: December 24, 2022, 06:47:24 AM by code2009
 #1

Guys, Zionodes now has Aleo Servers available for lease on https://aleo.zionodes.com/. It seems like a great idea, especially given Aleo's profit potential. I had been researching Aleo for a while and was looking for reliable options to mine the coin. I was glad to hear that Zionodes decided to offer the servers for lease on their trading desk because I am already a customer with them, and quite satisfied with their service too.
So far, here's what I know:

1) Aleo has one of the largest fundings of around $298 million, which is more than FIL's $258 million.
2) It will soon be available on the mainnet, which means that profit potential for early adopters today will be very high (maybe even 2-3x, not sure).
3) Zionodes is leasing it for $75-$140 depending on mining requirements (so assuming the profit is even 2x on the lower side, it is an easy return for a short-term investment).
4) Funds have been raised from investors including Samsung Next, Polychain, Kora, and others. (Source: Crunchbase and other websites)

I believe it could easily surpass FIL & Chia. What do you guys think?
Bitcoin_Arena
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December 20, 2022, 11:21:35 PM
 #2

Time will tell if it will surpass Chia and FIL. Well, I don't even think Chia will resurrect.

Not so many people are happy with Aleo mining, though, including me. The part that is annoying is they have a blacklist of countries they don't want to service and miner will not receive any reward if their pool does not under KYC verification

Decentralized network, so much?

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jossiel
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December 23, 2022, 08:40:21 PM
 #3

You have already made this topic and you made another one[1]. You don't have to make a new thread for this topic, don't duplicate your thread with the same topic on it.

There's no essence of doing it as you already made it. Just lock the new one that you've made and stick to this thread.

[1] https://bitcointalk.org/index.php?topic=5431112.0


code2009 (OP)
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December 24, 2022, 06:46:26 AM
Last edit: December 24, 2022, 06:58:24 AM by code2009
 #4

You have already made this topic and you made another one[1]. You don't have to make a new thread for this topic, don't duplicate your thread with the same topic on it.

There's no essence of doing it as you already made it. Just lock the new one that you've made and stick to this thread.

[1] https://bitcointalk.org/index.php?topic=5431112.0


My bad. I had created a new draft cause initially the price and leasing period I provided was wrong. I have updated the details on this thread itself now with the right details, and will delete the other post.
code2009 (OP)
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December 24, 2022, 06:53:29 AM
 #5

Time will tell if it will surpass Chia and FIL. Well, I don't even think Chia will resurrect.

Not so many people are happy with Aleo mining, though, including me. The part that is annoying is they have a blacklist of countries they don't want to service and miner will not receive any reward if their pool does not under KYC verification

Decentralized network, so much?
The upside is quite nice imo (at least for now). I don't think it will be great after the mainnet launch, but for now it could easily be 2x imo.
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