Post
Topic
Board Altcoin Discussion
Re: Altcoins: to Mine or to Buy? That is the Question
by
Yudhisthir
on 21/06/2019, 17:07:37 UTC
PREVIOUSLY....

Analized my experience in cryptocurrency since 2014 year I made a conclusion that PoW mining is less profitable than just buying coins ever. With several exclusions that just confirmed the rule.
So what is your experience?
Cons and pros of both methods to make money in cryptoworld?

Now I prefer holding coins, PoS mining and other methods without noisy and hot hardware


AND NOW



Weekly reports and OP update soon...


Mining is now an industry. You can't just mine with a pair of your spare GPU let alone your i3 processor (Excluding the useless coins, of course).
So, it would be better just to buy and trade. Even for new coins, it could be beneficial if you strike a deal with the miner before the coins get listed in an exchange.