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Discussion in 'Mining' started by MrBeats, Apr 13, 2018.
I am curious if you are mining?
Yes I mine...
If you consider mining via cloud technologies as a decent answer - then yes, I do mine. It's quite easier to maintain a contract using hashflare coupons http://hashflare-redeem-code.net/ja/ than maintaining a large GPU cards farm. It doesn't generate that much money to be honest but it's quite a sum to be able to pay my bills.
As there is no central authority or central bank, there has to be a way of gathering every transaction carried out with a cryptocurrency in order to create a new block. Network nodes that carry out this task called dubbed 'miners'. Every time a slew of transactions is amassed into a block, this is appended to the blockchain. Whoever appends the block gets rewarded with some of that cryptocurrency.
Yes I am mining, 2 D3 in Venezuela
What about cost? All my friends say that the payback period has increased several times
lol It was at the beginning of my acquaintance with cryptocurrency. but now it is very expensive in my country.
yes, I have some time to start the mining, One of my friend to earn money from mine, so his guide to start mine.
Here's an article to compare mining vs masternodes: https://www.setupmasternodes.com/differences-between-masternodes-vs-mining/
I mine, so I exist.
I used to at the beginning, but now it’s unprofitable in my country. Plus crypto market’s decline doesn’t encourage to join the mining. I think that mining is profitable only for big players with deep pockets enough to cover the electricity costs. I know that Monero and Dash mining is less or more profitable, and doesn’t require special equipment, but I don’t want to, regarding the current situation.
just closed my small home farm .....
If I stop mining the building could explode so i can never stop....
thanku. this information had been useful for me
mining as a hobby. So It doesn't matter now, is it profitable or not. We will see results only in the future.
Yes, as a part time employment. Consider switching to full one soon.
I will give a try for that one, will see how my miners will work on that.