That's too expensive based on the renting price in USD for a meme that we do not know how much it is worth when selling?
It's another cloud mining thing, but I don't understand the mining process. I read the whole mining guide, but I can't see if you are going to earn the meme or the ETH.
Are you mining this hashcat?
I've looked into this project. First, you need to mine a hash, then you can mint a cat and sell it on the
NFT marketplace.With each era, the number of cats increases, but the mint fee also goes up, right now, it's 100 dollars in Ethereum.
I prefer a simpler and more straightforward way to make money through mining, so I won't be mining cats, I have no guarantee that I'll be able to sell them. Yesterday, the floor price was $400, and today it's $280.
It seems I understand how it works: you rent a GPU and then mine the hash(In Bitcoin blocks) and once it is mined, you can mint that cat? The mint price is not stable.
I thought that this was the cats on the mini in Telegram, where you could earn some cats, but this is totally different; it's an NFT that you are mining.
There's no guarantee you could make any sale of this unless these NFTs can be used in games or something if they have a future plan about it developing a game where you can use them that's interesting.
