Post
Topic
Board Mining (Altcoins)
Re: which coin mining is most profitable ?
by
DrG
on 22/01/2018, 07:15:37 UTC
Ya know, going back to the beginning of this thread, it never ceases to amaze me how many folks are compelled to beat around the bush..... The user asked which coin would be most profitable for mining.... Just answer the god damn question for f**k sake! There was no mention of buying anything, the question was about "mining".

None. The answer is none.

Think about this, if you bought a certain amount of tokens (with the money that could have been allocated to mining) and the coin the coin goes up 100x in a year, you would only be able to mine a fraction of what you would have been able to buy.

Mining only works well if the coin fails to launch and does mediocre increases.

There are so many CPUs, GPUs, and ASICs mining now that any coin/token difficulty goes up the second it comes up on a radar or gets placed on an exchange. The exception being maybe the first 96 hours of mining a new coin.

If you go around telling noobs the truth about mining they'll either run away or just dismiss your post as misinformation designed to scare them away so you can mine all the coins for yourself.

If they just sat down for 30 minutes and used a calculator to figure out the end result of where they would be after 6, 12, 18, 24 months of buying vs mining they would understand - but that's doesn't fit their MDMA based exuberance  Cheesy