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Showing 14 of 14 results by asic19
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Board Altcoin Discussion
Re: What do you guys think about Aleo?
by
asic19
on 27/01/2023, 07:16:48 UTC
Not good for long term hold as i can see. So if you really want to invest then invest for short term
That's the whole point of mining it right now. Fill bags with credits, credits converted to coins, sell at a listing gain.
Totally! Also, as per their new roadmap, mainnet launch seems to be pushed to July.
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Topic
Board Altcoin Discussion
Re: What do you guys think about Aleo?
by
asic19
on 17/01/2023, 18:00:34 UTC
@OP, as far as I understand, Aleo is still in its testnet phase and is not yet fully launched on the mainnet. Therefore, I am confused about how zionodes are offering mining services for Aleo on the mainnet through their infrastructure. I did a quick check on Aleo's official Twitter account and couldn't find any information about any cooperation between Aleo and zionodes. Have you thoroughly researched and verified if the mining services offered by zionodes for Aleo on the mainnet are legitimate and trustworthy?
Yes, Aleo is still in the testnet phase, and mining it entitles you to 'credits' which are later converted to aleo coins after mainnet launch. Zionodes is definitely trustworthy because they are a listed pool (under proving pools) in Aleo's official discord server as well, and I already have leased out about 50000 c/s with them. Besides, I have been mining Bitcoin with them for over a year and have never encountered with any issues related to pay-offs.
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Topic
Board Altcoin Discussion
Re: What do you guys think about Aleo?
by
asic19
on 16/01/2023, 13:20:52 UTC
I follow this project because it attracts a lot of money from big investors. ZK-Rollups are quite a popular topic lately and all such projects now attract a lot of attention from investors. How much this coin will be worth now it's hard to say, because we don't even know at what prices these coins were sold in funding rounds. I think the first predictions can be made after the start of public sales of tokens.
Agreed. However, I feel this would be a successful project and would be even more lucrative for miners who are currently mining in testnet3.
Yessir! Does anyone have any idea when the mainnet launch of this coin would be? Also, I can see that you are leasing servers (at https://aleo.zionodes.com/). How has your experience been so far, and how many credits can I expect to earn per day (with 30000 c/s)?
No idea on when the mainnet launch is (maybe month end?). Like I said earlier, listing gains are definitely high for miners (especially since we have a market uptrend right now). Leasing servers here is quite easy and convenient, and the customer service team is also quite helpful (so are the admins/moderators on discord/telegram even if you DM them). About the credits per day, this is where you can get a rough idea about how many credits you would earn: https://explorer.hamp.app/calc.
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Topic
Board Altcoin Discussion
Re: What do you guys think about Aleo?
by
asic19
on 11/01/2023, 06:13:11 UTC
I follow this project because it attracts a lot of money from big investors. ZK-Rollups are quite a popular topic lately and all such projects now attract a lot of attention from investors. How much this coin will be worth now it's hard to say, because we don't even know at what prices these coins were sold in funding rounds. I think the first predictions can be made after the start of public sales of tokens.
Agreed. However, I feel this would be a successful project and would be even more lucrative for miners who are currently mining in testnet3.
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Topic
Board Altcoin Discussion
Re: What do you guys think about Aleo?
by
asic19
on 09/01/2023, 13:51:52 UTC
They have raised around $290M from investors already.

Red flag for me. Its not 2020 anymore. We are in 600 days long bear market. $10M is a lot. I doubt that they have raised 290M from investors. And its only for selling part of supply, part of supply i still not sold, new coins being minted so we are talking about top 50 CMC just to break even for seed investors? its a lot for platform that does not have userbase and is not listed anywhere. Pancakeswap, the biggest DEX on bsc with millions of users have similar marketcap.

This is what I initially thought, anyhow I'm not familiar with it, but usually the forecast might be balloon as well by the people behind. So it might end up at $4-$6 dollars instead of what they have estimated.

In any case, it seems that the OP has made his mind already, deep already on mining.

It might have raised that huge amount of money, but it might be equal to success as we are very much in the hear of the bear market this 2023, IMHO.
I looked up on the funder's website pages as well (like samsung nxt) and the investment looks real. The numbers have also been updated on crunchbase so i doubt there would be a falseplay here. With these numbers and projections, I just feel like the listing gains would be very high for miners, even though it might drop later since we are in a bear market.
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Topic
Board Altcoin Discussion
Re: What do you guys think about Aleo?
by
asic19
on 07/01/2023, 08:11:08 UTC
emm, new project this time? quite interesting with a good partner as well
but unfortunately in my country when viewed in blue it is not included in the scope. so I will find out if my country can participate in it
You should be able to mine with these guys (https://aleo.zionodes.com/). They offer servers for lease, so that you can mine from anywhere, with credit distribution every day which will be converted to tokens after mainnet launch.
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Topic
Board Altcoin Discussion
Topic OP
What do you guys think about Aleo?
by
asic19
on 04/01/2023, 11:55:55 UTC
Hey guys! I have been mining Aleo since the past week at https://aleo.zionodes.com/, and they have been dispursing about 8-13 credits per day (for 10,000 c/s). By the end of my contract, I should have over 320 credits (roughly) which would be converted at a 5:1 ratio to the coin. So, I should end up with about 60-65 coins by the mainnet launch. While I think the upside is massive, how much do you guys think each coin would be worth. As per current forecast, It is expected that each coin would be worth at least $40, to about $60. If you guys already have researched on Aleo like I have, how far do you think the project would go? FYI: They have raised around $290M from investors already.
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Topic
Board Service Announcements (Altcoins)
Re: GPU Mining Got Profitable Again!
by
asic19
on 19/12/2022, 13:05:02 UTC
That's great news man. I can already see that you guys have grown a lot since my last purchase and sale. I have been looking for Aleo Mining options online for over a week now, but could not find anyone trusworthy. I want to start onboarding soon, so I will reach out to one of your representatives soon via telegram (Alex). Please respond to a few of my queries before I can start mining with you guys. I don't want to wait too long cause I know how time is a bit of a factor here with the mainnet launch nearing. See you on telegram guys!
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Topic
Board Mining
Re: Hosted mining service for Bitcoin Mining
by
asic19
on 22/09/2022, 12:25:26 UTC
Hello there!
We have the perfect solution for you! Our miners are online in just a few minutes on our marketplace! Our marketplace has a wide range of options to meet all of your mining needs. For more information, please visit our website and have a look at our trading desk and marketplace: https://www.zionodes.com/
Looks interesting. Thanks, man.
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Topic
Board Mining
Topic OP
Hosted mining service for Bitcoin Mining
by
asic19
on 22/09/2022, 11:32:10 UTC
I've been able to make a good profit on my Bitcoin investment over the last few years (Because I had been holding it since 2017 and sold it last year). I now have a few other altcoin investments and about $70k (roughly) set aside for mining. I've done my fair share of mining research and am looking for a hosted mining service where my miners can be online in a day or two. I'd love to hear your thoughts. Thank you in advance.
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Topic
Board Mining
Re: Can mining be relied on for financial stability?
by
asic19
on 09/09/2022, 06:01:41 UTC
As a miner, can you say mining is fairly profitable for you and can be completely relied on to give financial freedom from acquiring bitcoins, Or have you considered involving yourself with other methods of acquiring bitcoins like trading and DCA?
I've found mining to be fairly profitable, at least till now, and I would choose to mine above anything else. But since I don't own a farm, I favor hosted mining because I find it more practical. However, you should take into account finding companies that provide you a variety of options at a reasonable price (with electricity etc). I love Zionodes since they check all of my boxes and are actually extremely convenient for someone who is heavily into Whatsminers and Antminers like me. I started last year and have already repaid my initial investment and am just earning pure profit (around $200-$250/day because I own 42 miners), and this is my sole source of income at the moment. However, if you intend to enter the mining game, I would advise you to conduct extensive research to avoid making any mistakes.
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Topic
Board Mining
Re: WHERE TO BUY WHATSMINER M30S++
by
asic19
on 24/08/2022, 09:39:00 UTC
Hello guys!

I'm searching the cheapest website to buy the Whatsminer M30S++ and I think the best one I found is the official website (https://whatsminer.net/shop/). All distribuitors I found are more expensive than the official website. However, I see everybody purchases the Asics with distributors which is more expensive than the official website (https://whatsminer.net/shop/). Is there something that I'm missing? is it possible to buy the Asic here? https://whatsminer.net/shop/ or do we need distributors as Alibaba or others to buy an Asic Miner?

Thank you!
You should be able to get it from https://whatsminer.net/shop/. It is the official website and you won't get scammed.
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Topic
Board Mining
Re: Is Asic miner more friendly right now
by
asic19
on 24/08/2022, 09:25:30 UTC
Do you think that Asic miner is a better buy at this present time? Since Ethereum is going to PoS soon and no other PoW coins is delivering the exact returns of that Ethereum I think it will be smarter to nose out for better returns this is why I am asking this question, if Asic is better then I will dish GPU for Asic
Right now? Yes. Half a year back? Hell no. ASICs are almost half the price and since the whole crypto industry is volatile and risky, I personally find mining safer in comparison to trading. I recently got 11 S19 but since, I don't have a farm, I go for hosted.
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Topic
Board Mining
Re: Crypto minning, your story
by
asic19
on 24/08/2022, 09:15:15 UTC
Hello everyone, tell me who earns how much on mining? how much can you earn from this?
Has anyone worked as a p2p exchanger? While I am new to crypto, I want to accumulate good capital, if anyone can help, let's chat
GPU if your budget is low, ASIC if you have a higher budget. ASICs (Bitcoin miners) will give you better returns in comparison to GPU.