hi guys
does anybody knows if we can mine XVG safely at this time?
I'm awaiting a brand new Dayun Zig Z1 landing today...
I'm trying to figure out what's the best coin/pool to get the highest stable yield.
Thanks for any advice!
/E
No one can tell you if there'll be another hack or not. The thing is that the dev team has been proved untrustworthy in my eyes.
What's important though is that there were already a lot of coins which were hacked and probably no one can know for sure if they have been dumped yet or not. If they have not, then the price could plunge any moment.
But in either case, would you like to support a coin and a team which was so easily hacked twice? Are you happy with the way they handled it? I had expected them to notice the problem immediately and rollback the blockchain and the hacked coins.
So... your choice.
I see mate, looks that the only reasonable choice it's to stay away!
With my brand new DaYun Zig Z1 I'm currently testing NiceHash and some multi-pools such as Zerg, that still include XVG.
Thanks for your worthy point of view!
/E
Well, I don't know, if it's the most profitable currency to mine, you could mine it and sell it as quickly as possible. XVG is a pretty liquid market and even while the attacks were occuring, it didn't drop by as much as it could have. I just wouldn't let it lie around for too long in the hope of it gaining more value over time. But I think for miners, this is generally good advise, especially when they are not the greatest of traders.
I agree that it's a shitcoin with no real substance and if you are ideologically involved in crypto and buy into the whole new paradigm thing, you should stay the hell away from it, but if you're ok with making an extra buck or two and it's the best choice, why not.