Mining Kaspa

[Fantomatix]

Hi everyone,

Has anyone here ever tried renting a machine for cryptocurrency mining? I'm considering getting into Kaspa mining for 36 months and found an interesting option from an Italian company, DBM.

I like the idea of entering the mining world without having to spend a fortune on hardware. Plus, it seems they offer several earning opportunities, not just from mining but from other sources too. And for those new to this, they seem to have good technical support.

Does anyone have experiences or advice to share about this kind of rental? Is it worth it?

Thanks a lot!

[philipma1957]

this is an altcoin topic.

And I would not rent gear to mine. Just buy the coin.


https://bitcointalk.org/index.php?board=160.0


I will ask for the mods to move to the section above.

[FP91G]

Hi everyone,

Has anyone here ever tried renting a machine for cryptocurrency mining? I'm considering getting into Kaspa mining for 36 months and found an interesting option from an Italian company, DBM.

I like the idea of entering the mining world without having to spend a fortune on hardware. Plus, it seems they offer several earning opportunities, not just from mining but from other sources too. And for those new to this, they seem to have good technical support.

Does anyone have experiences or advice to share about this kind of rental? Is it worth it?

Thanks a lot!

Give me a link to those terms and conditions.
You should realise that in any cloud mining business the contract is closed when the cost of electricity and maintenance is higher than the profit of the equipment. No one is going to work at a loss.
You should also make sure that this is not fake mining. There is a lot of fraud in this field.

[ccplz]

Hi everyone,

Has anyone here ever tried renting a machine for cryptocurrency mining? I'm considering getting into Kaspa mining for 36 months and found an interesting option from an Italian company, DBM.

I like the idea of entering the mining world without having to spend a fortune on hardware. Plus, it seems they offer several earning opportunities, not just from mining but from other sources too. And for those new to this, they seem to have good technical support.

Does anyone have experiences or advice to share about this kind of rental? Is it worth it?

Thanks a lot!

Wouldn't touch this shit with a 10 foot pole. Either buy hardware yourself or just deposit fiat into an exchange and buy the crypto. Putting the possibility of a scam aside, the end result will almost always be worse than outright buying

[doubletheprof]

Check out OneMiners, they have official distributors of machines as partners and you can also visit their branch to see your miner physically.

[FP91G]

Check out OneMiners, they have official distributors of machines as partners and you can also visit their branch to see your miner physically.

Seeing the asics is good, but the contractual terms of mining are important. Many companies have electricity prices of 20 cents or more for such conditions. Given that asics quickly become unprofitable and the high cost of electricity, your contract may not be long and it's all legal and fraud-free.
These companies even offer customers to send the unprofitable asics by shipping company, but as a rule shipping is more expensive than the cost of the asic, so everyone refuses

[doubletheprof]

I pay around 0,02 per kWh as of right now, so it is pretty profitable. Also thanks to Alephium miners it goes up!