Crypto Mining - what would be the best advise

Randy Boy

Randy Boy

I'm willing to mine crypto.
What would be the best advise you are going to give me?

what are the good cryptos for mining?

All helpful feedback are welcome!
 
You want to mine the magical fairytale bitcoin?? Not as easy as it looks, better off just buying it directly. Mining it will cost you many bucks in electricity and the cost to build the computers to mine it.
 
I use nicehash, their algo chooses the best currency at any given time given your hardware. Its just for fun though, unless you buy a crapload of GPUs you will only make a few bucks a day. But it can teach you about cryptocurrency and in the long-run get you familiar with this field, so its helpful
 
Daal said:
I use nicehash, their algo chooses the best currency at any given time given your hardware. Its just for fun though, unless you buy a crapload of GPUs you will only make a few bucks a day. But it can teach you about cryptocurrency and in the long-run get you familiar with this field, so its helpful
More...


I find that hard to believe ------ more like a few cents a day.
 
You can stack sats through altcoins. You pretty much get the same effect as mining btc's, except that coins from mining are semi-virgins not a lot history which is desirable, coz they did not get molested by passing through hackers :D

No mining equipment costs. No waiting for ROI on the hardware investments, can close shop any time. No electricity costs. See below

***not financial advise, you may lose all or part of your investments***

Buy $130K worth of $cake, deposit into the cake pool, earn over $400 every day, use the dex platform and trade for btcb (wrapped btc on bsc), and withdraw to your bitcoin wallet using the liquidity bridge functionality

Fees on bsc are cheap. You can play around with your risk numbers. Not available for US residents, check with your local ISP (VPN) provider :D

https://pancakeswap.finance/
 
OptionsOptionsOptions said:
I find that hard to believe ------ more like a few cents a day.
More...
Start believing it then

upload_2021-4-10_21-21-41.png


And all I do is to mine with 1 GPU (GTX 1070ti) I bought over 3 years ago. I pay no electricity (its included in my rent, but I dont abuse it). Its free money so I take it. Its not a lot but its very educational, particulary for people new to crypto
 

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