Do you mine?

Prensty

Prensty

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Hey crypto owners!

How do you earn money on crypto now? Does anyone still do mining? As for me it seems that you have to pay for all the electricity in the world and lose more than earn.

I've heard there are some services that allow you to earn crypto without all this electricity stuff. Are they worth trying? Or it's already time when we have to say good-bye to crypto?
 
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Current crypto state isn't good.
What about mining, did you hear of cloud mining?
 
BobLender said:
Current crypto state isn't good.
What about mining, did you hear of cloud mining?
Click to expand...
As I know it's something that doesn't require much electricity.. Can you tell me more about it?
 
i just gave up on my mining rig...
rip mining
 

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Prensty said:
As I know it's something that doesn't require much electricity.. Can you tell me more about it?
Click to expand...

In general, there are three forms of remote mining available at the moment:
  1. Hosted mining
    Lease a mining machine that is hosted by the provider.
  2. Virtual hosted mining
    Create a (general purpose) virtual private server and install your own mining software.
  3. Leased hashing power
    Lease an amount of hashing power, without having a dedicated physical or virtual computer. (This is, by far, the most popular method of cloud mining.)
But make sure to learn more as it has pros and cons.
 
No i dont mine bcoz i have macbook pro and not a strong PC that can mine with CPU powers
 
I had the same question on this forum and then I decided just to buy crypto and hold it.
I think it's more profitable than mining.
 
rayblack said:
I had the same question on this forum and then I decided just to buy crypto and hold it.
I think it's more profitable than mining.
Click to expand...
But even holding we continue to lose these days. As the rates are falling deeper and deeper..
Btw, which coins do you hold now?
 
Still didn't jump on crypto as I am waiting for the market to crash :D
 
Prensty said:
But even holding we continue to lose these days. As the rates are falling deeper and deeper..
Btw, which coins do you hold now?
Click to expand...

Cardano and Ripple.
I hope rates will be changed by the end of this year.
 
MehdiBmm said:
Still didn't jump on crypto as I am waiting for the market to crash :D
Click to expand...
Don't think it will happen the nearest tens of years :)
It's a good chance to start now while market is so low as when the rates will start to grow it will be a chance to earn good money. Think about it ;)
 
Prensty said:
Don't think it will happen the nearest tens of years :)
It's a good chance to start now while market is so low as when the rates will start to grow it will be a chance to earn good money. Think about it ;)
Click to expand...
It depends :D

I'll probably jump in a couple of months, I neeeeeed a craaaash :P
 
Mining isn't so profitable as it were several years ago. Now it's much better to buy coin or, if you aware of it, find some services where you can get some tokens by affiliation programs
 
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