Post
Topic
Board Mining (Altcoins)
Re: Aleo Mining
by
FP91G
on 07/01/2023, 11:17:17 UTC
I also do not see a profit yet, but I follow the news about the mining of this coin. I do not believe that when the entire cryptocurrency market falls, this coin will show a big increase in price. If mining is profitable, then I would keep most of the coins for future sales at a higher price.
I don't think the price will sustain at high levels, but, the profit as a 'listing gain' looks high as mentioned by Bitcoin95. Ideally, it should list at extremely high levels, and all miners will probably end up making a lot, and the price would drop a little later cause we are in a bear market.
I will probably try mining after the launch of the mainnet.
Lol miner promised to release his solution for mining Aleo
https://bitcointalk.org/index.php?topic=4724735.msg61552645#msg61552645

Unverified information appears that now expensive multi-core processors are not needed to mine this coin.
https://t.me/koliamainer/8555
If this is confirmed, then the old mining farms will still earn some money.

Mining after mainnet launch would be safer, but I still feel like the profit potential is massive right now for miners today (listing gain).
How do you mine solo or on a pool?
If solo, then you will need to go through the KUS.
Damominer has released new versions that reduce the load on the processor. If miners improve at this rate, then soon more participants will join the mining.
https://bitcointalk.org/index.php?topic=5432958.msg61557046#msg61557046