Any members Mining Cryptocurrency?
- Thread starter Jonnn
- Start date
Jonnn
Senior Member
- Aug 29, 2016
- 809
- 490
Hmmm thanks for everyone opinion In the USA mining would be too expensive iam a citizen of Panama in Central America which power is dirt cheap my uncle has a mansion and his bill is $9 usd a month I have a condo in the USA and my bill is $160
Stable Genius
Regular Member
- Dec 9, 2019
- 224
- 129
I mined BTC from 2016-2019, at the peak had 8 miners and got about ~3 BTC. Last year my mining pool went really bad and barely gets any blocks these days. It can go for a few months without getting any.
Do you know why exactly? Is it from a fiercest competition?
Stable Genius
Regular Member
- Dec 9, 2019
- 224
- 129
TBH I kind of abandoned following it and not sure exactly what happened. The pool grew 5X after some mega whales joined but after some time big accounts left and it dropped. I am sure there are other pools out there. You can get more info on Bitcointalk forum and check out their pool section. I've used Kano pool btw and he has low % and good support. There are other pools and largest ones are Chinese.
HustleForLife
Regular Member
- May 11, 2020
- 209
- 112
Don't bother.
BlackHat3r
Newbie
- May 20, 2020
- 19
- 8
After halving on 12th May, it is not worth anymore IMHO
- Mar 21, 2013
- 24,782
- 31,563
Looks like Panama has become the world's crypto darling amirite?
Jonnn
Senior Member
- Aug 29, 2016
- 809
- 490
pretty much it’s exploded over last year so many bitcoin atms
- Mar 21, 2013
- 24,782
- 31,563
Places I've been to in the past few years, never seen a single Bitcoin ATM (not Panama)
I know they're out there since everyone seems to post about Bitcoin ATM's.
- Dec 31, 2017
- 3,516
- 2,686
I have been researching for about 1 week.
I have $50k to invest. Electricity and warehouse are FREE.
The big problem is that I have no idea which mining rigs to buy, how to set up, which pool to join etc.
I have $50k to invest. Electricity and warehouse are FREE.
The big problem is that I have no idea which mining rigs to buy, how to set up, which pool to join etc.
adubasu
Junior Member
- Mar 14, 2020
- 156
- 43
Read my previous post here don't do it
- Mar 21, 2013
- 24,782
- 31,563
Check coinwarz.com for mining profitability.
EDIT: Just noticed this is an old thread. Anyway, I don't think anyone had mentioned coinwarz yet?
Christopher Munoz
Registered Member
- Nov 20, 2019
- 99
- 30
the chinese built giant factories with the highest end equipment. it's not worth it at all
AntiHacker
Senior Member
- Dec 7, 2014
- 910
- 762
If 9 out of 10 people say that it's not worth it, it's probably not worth it.
- Dec 17, 2018
- 338
- 112
Mining is long time dead. Unfortunately, though. It was interesting to read The replies and stories