I’ve been into mining for a while now, and with the way things are changing, I realized that profitability basically boils down to two crucial things:
If you’re in Europe like me, you know how
brutal electricity costs can be. Unless you’ve got photovoltaics, some insane off-grid setup, or a magical way to get free power (some people claim they do, lol),
hosting providers are becoming the way to go.
Hosting centers offer lower electricity rates and handle everything for you—your miner is running efficiently, and you don’t have to worry about things like maintenance, heat, or noise. I’ve been testing a few platforms that provide solid deals and noticed some with apps or easy-to-use dashboards, which makes everything much smoother. OneMiners tend to throw in free trials or special promos, so you can test the waters first.
OneMiners Hosting: https://oneminers.com/
CircleHash Hosting: https://www.circlehash.com/If you choose to mine in a hosting center, you also do not have to take care of your miner, because
most of the hosting services provide technicians, that are checking on the miner and can
repair it on-site in case of any problems.
It’s surprising how many people just set up a miner and forget about
checking the market. Honestly, the market moves fast, and you need up-to-date profitability data if you want to maximize returns. I used to rely on old tools like asicminervalue, but recently, I switched to a new tool that
updates market data every 15 minutes—way more accurate.
They don’t spam you with ads or sell you stuff either, and
their calculators make it easy to figure out profitability for different miners and coins.
Website: https://www.asicprofit.com/Final tip: I recommend you to transfer atleast 50% of your altcoins mined to Bitcoins and hold it here, since altcoins tend to be very volatile. So just make profit on altcoins and hold the profit in more stable coin like Bitcoin!
