Is mining a good strategy for earning money?

+1 vote
Can someone share with his experience with cryptocurrencies? How safe and profitable are they?
asked Apr 7, 2018 in General by Manora (280 points)

17 Answers

0 votes
If you do not know much about them go read up first, mining is profitable dependant on what you pay for hardware.

do not fall for people with mining schemes( you dont need someone to mine for you.)
answered Apr 9, 2018 by K1ngFallen (63,600 points)
Thanks for your response!
0 votes

Never understood people who refuse the fact that new technologies are not just expensive toys but in many ways a means of acquiring money! Bitcoins may seem something immaterial but you can exhange them for real money and it works! Read more here http://promocodius.com/us/shops/genesis-mining

answered Apr 10, 2018 by Trellkot (2,930 points)
reshown Apr 11, 2018 by AfriDazzil
Thanks, it's an interesting article! Btw I heard that bitcoins are up now again.
0 votes

It's another popular and in some ways more profitable and convinient strategy for making money from bitcoins and other cryptocurrencies. Comparing with simple buying & trading strategy mining is based on making calculations and building your own blockchain, these things will be the main ones for earning money with it. This strategy was very simple and very profitable in the beginning but later and now because of great competition you'll be able to make good money from this only with spending much energy for building your own unit and money for special software and hardware equipment, also its delivery and electiricity. Considering that you can simply invest more in all these things and get less in the end from your calculations, that's why cloud mining became popular too as a more convinient alternative :) It solves problems with that great costs because in its case you just sign up a contract with a certain company and don't need to build a unit with your own hands. On the other hand you won't have total control for all operations with your cryptocurrencies and fees sometimes are really high too, however it depends on a certain company again. And yeah, experienced miners recommend in this case only such companies as Eobot, Hashflare http://hashflarecode.com/ , Hashing 24, Genesis Mining and Hashnest which are the safest and most trustworthy in this case. There are much more other companies but they're sadly almost always a scam so be careful with making your choice.
Also having a start capital in the beginning is a big plus too.

answered Apr 11, 2018 by Twinflower (500 points)
0 votes
cool!!!!!!!!!!!!!!!
answered Apr 11, 2018 by your man (1,480 points)
edited May 20, 2018 by your man
0 votes
Thanks everyone for responses, they were really helpful for me!
answered Apr 12, 2018 by Manora (280 points)
0 votes

I've always wanted to begin mining cryptocurrency but the whole process of it looked very complicated to me. But no more with such stuff -  https://mineunit.com/ . Just look at it. The site offers a perfectly designed device that can help you to make your wallet thicker. Just plug it in, install the app and you are ready to begin. I'm looking for pre-order this thing for myself. What do you think about it?

answered Apr 17, 2018 by Trellkot (2,930 points)
0 votes
It's so great that everything changes and money undergo the process of changing, now you don't have to care about taxes or commission buying something on the Internet, there is crypto money that secure your transactions and all the relevant information! Find out more on https://icoreviews.top/
answered May 8, 2018 by Trellkot (2,930 points)
0 votes

Mining is a good way to make money. I found a better way to do it. I'm working for myself now. I discovered your website model online. I have a lot of other ideas to have on the Internet good money. I tried to do the mining. It takes a lot of time and patience. Mining is not for me.

answered May 20, 2018 by your man (1,480 points)
0 votes

Mining becomes non actual, I guess you will spend more money on electricity and special software before making significant amount of money. I believe in fortune and hard work, in case of good luck I managed to win at mr bet.com , and when it comes to work I earn good as a freelancer.

answered Jul 18, 2018 by DamianGood (440 points)
0 votes

I can say that cryptocurrency has a good potential and a great future. That's why it's one of the best ways of making money. But it's risky and not that easy at all. You have to stay well informed all the time. This website can help you https://www.crosslytics.com/featured/chinese-crypto-a8dcddff/

answered Aug 1, 2018 by Heltall (1,740 points)
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