Post
Topic
Board Mining (Altcoins)
Re: Mining can't last long, too easy income to be true
by
smoolae
on 26/01/2018, 19:15:54 UTC
I just cannot see this "mining getting in crowds" happening. Whenever I talk about mining to anyone, they just see it like some kind of next level pyramid scheme Cheesy.
The people just really don't want to put money in something they don't understand. An average human from a random street cannot figure out what to do if you give him/her components to build a fully operational 6 GPU mining rig.

Also, median pay is just too little in some countries to really save up/risk for mining rigs and also try to keep your family well fed.

Greetings from across the gulf, Estonia! Smiley

Cheers!  I visit Tallinn on regular basis, I truly love the city!

Now that I have Estonian involved, I need to ask: what is your electricity cost?
Because in case of setting up mining company, Estonia is definately better compared to Finland. Hell, I am allready Estonian e-citizen!

--
Tigel

The lowest price for electricity a regular person can get his/her hands-on is around 0.08 eur/kWh Smiley. When you set up your mining farm near the power plant, the electricity is really cheap (the electricity-networking fee gets deducted from elec.price, so final price is somewhere under 0.04 eur/kWh).

But Finland does have bigger paychecks compared to Estonia Cheesy!

Nice to hear that you like Tallinn! Smiley

Quote
Just 1h ago I was watching documentary, and reason why You guys like Estonia and Talinn...hundreds of Finland people, even women, carrying
as much vodka as they can (looked like 10-15 liters per person)
And we, Estonians, get ours from Latvia  Cheesy. Like booze is cheap here but in Latvia, it's almost free Grin.