You are viewing a single comment's thread from:

RE: Is cryptocurrency Your Get Rich Quick Scheme ?

in #cryptocurrency8 years ago (edited)

Even today where the crypto market has collapsed again, I am still making 24,-- AUD per rig per day. Also, Genesis Mining has again reduced my DASH mining results while my own miners still mining exactly the same quantity of DASH units as 1 week ago, the same as 4 months ago.

Sort:  

yeah good return i am looking to set up my own rigs myself. but need to knowledge first of how to do it

It will take you atleast 3 to 6 months to have enough learning curve to conquer many of the issues. And some issues are just a headache. If you think you can just leave them running and go do a job on the side, then that's probably not quite right. Every coin needs it's own clocking parameters. On days like today it's a total headache, the Ethereum network has been coughing for hours. The ZEC servers are throwing my solutions. Nanopool isn't paying my ETH and keeping it on hold for some religious reason (they had probably spent my ETH when it was worth more, now that prices have tumbled they probably don't want to pass on expensively mined material). Who cares, atleast I am in control. I have now switched everything to DASH - and that's running, fuck them all!

you have good experience when did you start mining how along i would need i think one on one teaching that why i would be interested in getting coached on it from someone like your self to learn it i think your right the curve would be about high. I believe the profit will be high to in the future. what about security when your mining that would be my issue some one hacking your computer

I have been mining at rig-level now for about 1 year, but I have been involved with mining and trying since about 3 - 4 years, always giving-up inbetween. I am with BTC since about 2011. At that time everyone laughed at me, but I had read some books on the topic after i had first laughed at it myself. About 2 years ago I was trying to build my own BTC ATM, but the investors in my company thought I was crazy and then punished me with retraction of funds, unfortunately they now awake to the potential, but I am fed up. You need about EUR 2.000,-- to 2.600,-- to build your own rig, depending on exactly how you want it to look. I live in Australia and Germany and travel inbetween.

Then you have to look after the rig and maintenance of it which takes time. yeah i have only recently got into crypto currencies i head of it back it 2012 the problem with hitting the jackpot is holding on to it back then when it was low value and having a believe it will gain value. With only 16 million bit coin and a population of 7 billion currently only 11 million users there is high potential even if crypto only every is a niche product