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06-13-2022, 01:47 PM
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#1 |
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Confirmed User
Industry Role:
Join Date: Dec 2015
Posts: 40
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Anyone Mining Crypto?
I am really interested in trying this out and was wondering if anyone has had any success in this? If so, any suggestions on best way to get started?
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06-13-2022, 02:44 PM
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#2 |
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Confirmed User
Industry Role:
Join Date: Dec 2016
Posts: 1,046
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You will get negative ROI on it.
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06-13-2022, 05:29 PM
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#3 |
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Confirmed User
Industry Role:
Join Date: Oct 2015
Posts: 561
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I don't mine, but the VoskCoin YouTube channel does cover it a bit, although I haven't watched this particular video so it's not an endorsement, although generally I find his videos entertaining and he seems a good guy. He also has some videos about Helium mining, although I don't know much about it, and I think profitability may have taken a dip:
https://youtu.be/Dx-5Tu-x7wA |
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06-13-2022, 11:44 PM
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#4 |
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Confirmed User
Industry Role:
Join Date: Apr 2019
Location: US
Posts: 625
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It was good 5-10 years ago, not now
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06-14-2022, 01:59 AM
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#5 |
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Confirmed User
Industry Role:
Join Date: Jul 2003
Location: Australia
Posts: 5,065
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Price of power price of graphics cards loss loss.
__________________
Traffic.Tools - 40+ Free Tools Free.Marketing - 150+ Free Tools Submission.Tools - 20+ Free Tools |
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06-14-2022, 07:53 AM
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#6 | |
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Confirmed User
Industry Role:
Join Date: Dec 2015
Posts: 40
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Quote:
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06-18-2022, 07:58 AM
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#7 |
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Let's Make Money
Industry Role:
Join Date: Dec 2008
Posts: 8,784
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You need a powerful mining rig. ROI is really difficult to achieve in this period considering your overhead expenses.
If it was 5-6 yrs ago, it's fairly profitable. |
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02-01-2023, 04:36 AM
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#8 |
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jscizzle
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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Best to buy Bitcoin (and hold at least 4 years) rather than to mine it or anything else.
__________________
 “If you think tough men are dangerous, wait until you see what weak men are capable of.” —Jordan B. Peterson Listen to Pomp tell why is Bitcoin important
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02-08-2023, 08:44 AM
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#9 |
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Registered User
Industry Role:
Join Date: Feb 2023
Posts: 8
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I tried it three years ago and it didn't work out too well. Just wasted my time.
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02-14-2023, 09:37 AM
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#10 |
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Too lazy to set a custom title
Join Date: Jun 2006
Posts: 19,282
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Did someone try with a cheap arm system and renewable energy?
Like a 25w solar panel, a lead battery and a cheaper kind of arduino ? |
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