Crypto Mining Farms

realmofu

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Hi Mates,

I'm interested in learning about experiences with mining farms in the UAE, particularly in Dubai, including options for renting hardware or using hosting providers. If anyone could share their experiences with me, that would be awesome.
 
Don't mine, stake. Hardware is expensive and you get your money back too slow. If you are counting on the token value to increase in time, you are better off to buy it than to mine.

All this considering you have 0 cost electricity. If you pay for that as well, it's not looking good

Here's a calculator with all you need to know: https://whattomine.com/coins
 
Thank you for your reply!
So you think staking is better? But then you need an amount of coins already. Can you preferre some, where i can start ? For example i read that i need 32 eth to start staking xD
 
Mining would be better if you buy up a bunch of Antminer S11's after the halving and use solar panels for the electricity.
 
This looks great, thank you!
if you already have experience, what is the usual renidte when staking?

For example, if I stake 4 ETH, do I have an annual return of about 3% or what does that look like?
Is it the same return for altcoins, cosmochains?
 
For example, if I stake 4 ETH, do I have an annual return of about 3% or what does that look like?
Is it the same return for altcoins, cosmochains?
You receive a small amount all the time that adds up to the promised amount yearly.

The returns are variable and depend on what stage each project reached. New projects have better returns than old projects, but you risk more
 
So you think staking is better? But then you need an amount of coins already.

Staking way better. You'd need to invest in mining equipment, you invest in coins instead.
 
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