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RE: Do you mine crypto? Check out this tool I use to manage all my rigs

in #cryptocurrency6 years ago

Well, if you have a crystal ball, there will be more profitable things to do. Maybe use the money from GPU selling to buy some EOS RAM? Haha.

I've just started mining anyway, just a really small attempt with few GPUs and mine only newest and unknown coins, hoping to hit the jackpot someday.

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You won't hit the jackpot mining, it's a slow trickle. You can accelerate that trickle with more investment, but it won't ever be a jackpot in 99.999999% cases.

Harsh truth it is. Guess I expect the same of what you have said looking at the crazy spawn rate of new coins everyday. Maybe I should stay away from those completely new coins but stick with something within top 500.

I hope you got the same energy in person 😁

I think the price of electricity in the country you are in will also be a big determining factor in terms of profitability. In my country electricity is cheaper in lower income group areas, so you have a better chance of making a profit if you mine crypto in the ghetto. :)

@netscape101 you're on the @abusereports naughty list!

Bad Steemian! Bad!

Vote for witness @nextgencrypto!

Thank you for the free promotion @transparencybot and @bycoleman!

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@transparencybot you're on the @abusereports naughty list for being a super douche!

Bad Steemian! Bad!

Even in your own country, it varies dramatically, in the US I think it varies from 4 cents to 20+ cents a kwh.