Post
Topic
Board Mining (Altcoins)
Re: Aleo Mining
by
swogerino
on 12/01/2023, 14:13:54 UTC
what's the point of mining on testnet? also, any info on the coin? cant even find it on google. does it have potential or is it just shitcoin of the month
This is one of the pools, they rented video cards. But tomorrow they are closing their service and will only work with large miners. The profit was good, but not for long.
https://1to.notion.site/Aleo-Testnet2-Pool-guide-834ebfe29144412b803ece0bfc7efdea

Quote
A5000   1.7$
1660S   0.5$
2060S   0.9$
2080Ti  1.7$
3060    0.9$
3060Ti  1.1$
3080    1.7$
3080Ti  2.4$
3900    2.6$
3070    1.2$
3070Ti  1.2$
4090    5.6$
https://t.me/koliamainer/8571
Many miners do not know how to read instructions and set up equipment, so the service did not have enough time for technical support.


I leased out servers a couple of weeks back when the credits per day were around 1.4, which has reduced with time due to network congestion. I still feel like the profit potential is high for miners in testnet, but waiting for the mainnet launch is just getting stressful now. It all depends on how much the coin will list at. Do you think it could list on Binance directly after launch (like ALICE)?

Looks like a promising coin but as you said we can't really know unless it is started the mainnet and also listed on a big exchange like Binance.We already have for example Raptoreum mainnet but not listed yet for trading in Binance despite being listed in other exchanges the price kept crashing from its all time high of November 2021 0.084 dollars to 0.0017 dollars.This means that is an absolute must for the coin to be listed in a big exchange with a lot of trading volume otherwise it will lose in value gradually just like Raptoreum.Maybe the comparison does not stand well but you get the rough idea.