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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
lol It was at the beginning of my acquaintance with cryptocurrency. but now it is very expensive in my country.
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.