How To Mine 1 Monero XMR Per Week
– Welcome to! Please read the following rules before posting. Rules • No 'FOR SALE' posts. Feel free to hawk your wares in or on - this means no group buys either.
Is mining Monero worth it? Update Cancel. Zcash and Ethereum mining, Monero (XMR). How can I mine 1 Monero per day?
As common as it is in Bitcoin Mining, it is far too risky to be carried out over reddit. • No verbal abuse. If you don't have anything nice to say, it's best not to say anything at all. Remember, we were all newbies once. Mining isn't exactly a trivial venture.
• No Referral Links or Codes. No Amazon/eBay referral links. No mining pool referral links. No mining contract referral links.
No referral links or codes, period. • No Promoting New Altcoins. If there is a new alt coin out, this is not the place to discuss or promote it. If you have questions about mining that altcoin, feel free to ask as long as it is also somehow relevant to Monero.
• No short-URLs. Nobody should have to trust you before clicking on a link.
URL-shortener services serve no use on Reddit as there is nothing restricting the size of your comment string. • No begging.
Do not ask for other people to mine for your address. Do not beg for donations simply for lending a helping hand.
• No shilling. 0-day/unverified accounts aren't allowed to promote anything. Guidelines • Anybody caught violating the rules will be banned. If you notice somebody abusing the subreddit rules,. • All members of the MoneroMining subreddit are expected to read and follow the as well as the informal guidelines.
• Likewise, all moderators of this subreddit follow the. • Now that all that is out of the way, we work hard to make this a welcoming, collaborative atmosphere.
Feel free to ask questions, even if you think they are stupid. We encourage you to.
Related Subreddits & Forums Chats IRC: Other. Most profitable coin to mine and immediately sell changes constantly. If you stay on top of that and constantly mine the most profitable coin to mine moment to moment and convert it to what you actually want, you'll get what you want for the lowest cost. If you want to support the security and integrity of a project you believe in, mine a cryptocurrency you believe in. The most profitable coin to mine & immediately sell is not necessarily the most profitable coin to mine & hold, but the latter is unknowable in a speculative market. But if you mine & hold something that you like that for good reason that has a good use case, you'll probably do alright in the long run!
• • • • • • •. Everone doesn't say that you are better off just buying coins. Case in point: $5000.00 today will buy about 15 monero. I have $5000.00 invested in mining equipment that produces about 15,000 H/s and makes about 4 monero per month. In 8 months I will have mined over 32 monero putting me 2 monero ahead. Every subsequent month will put me 4 more monero ahead of just buying monero.
If the difficulty increases it will take more time to realize the avantage mining has over just buying monero, but the advantage remains and it is real. • • • • • • •. Lets examine my noob math. According to the mining calculator at My rig: $5000 @ 15,000 h/s and 2000 watts @ $0.06 per kw/hr. Difficutlty increasing at%10 per month. Monero price $387 increasing 10% per month. After 24 months I will have mined 38.78 monero@ $1066.14 worth $41,345.00.
After I pay for my equipment I will have a net profit of $36,345.00 Now lets examine buying coin. $5000.00 will buy 12.91 monero@$387.00. After 24 months you still have 12.91monero but they are worth $1066.14 apiece for a total of 13,763.86 Maybe I am just a noob but mining looks better to me. • • • • • • •. I should downvote because of non-quality posting but i give you an upvote for the effort. XMR Blockreward is decreasing with each block.
That's why i said, even if your diff stays, the reward goes down. Lol • very very first of all, if +10% xmr price, the price in 2 years is 3811$ (387 * 1.1 24) • first of all, 5k$ for 15kh/s sounds bullshit.
• second of all, you need to sell coins in between for electricity. • what if monero does 2k$ in january? You think 10% is a legit increase? We saw network double within 2 weeks. Do you really think 10% is a good increase per month?
You are not long enough down the road. • the onliest reason to mine is to have less risk (and also less profits then buying in). • if buying into and coin stands or drops value, you sit on a loss. With mining you can still correct it out + • you never mined.
You believe peoples hashrates. You should start mining yourself and verify hashrates. Then do your math & • if network is 10x as big as it is now and the Blockreward is down to 3.5 XMR you do Monthly 0.245 XMR. Now please do your math again.
• • • • • • •.
– Welcome to! Please read the following rules before posting.
How Do You Mine A Hshare HSR. Rules • No 'FOR SALE' posts. Feel free to hawk your wares in or on - this means no group buys either. As common as it is in Bitcoin Mining, it is far too risky to be carried out over reddit. • No verbal abuse. If you don't have anything nice to say, it's best not to say anything at all. Remember, we were all newbies once.
Mining isn't exactly a trivial venture. • No Referral Links or Codes. No Amazon/eBay referral links. No mining pool referral links. No mining contract referral links. No referral links or codes, period. • No Promoting New Altcoins.
If there is a new alt coin out, this is not the place to discuss or promote it. If you have questions about mining that altcoin, feel free to ask as long as it is also somehow relevant to Monero. • No short-URLs. Nobody should have to trust you before clicking on a link. URL-shortener services serve no use on Reddit as there is nothing restricting the size of your comment string. • No begging.
Do not ask for other people to mine for your address. Do not beg for donations simply for lending a helping hand. • No shilling. 0-day/unverified accounts aren't allowed to promote anything. Guidelines • Anybody caught violating the rules will be banned. If you notice somebody abusing the subreddit rules,. • All members of the MoneroMining subreddit are expected to read and follow the as well as the informal guidelines.
• Likewise, all moderators of this subreddit follow the. • Now that all that is out of the way, we work hard to make this a welcoming, collaborative atmosphere. Feel free to ask questions, even if you think they are stupid. We encourage you to.
Related Subreddits & Forums Chats IRC: Other. Peercoin PPC Mining Computer there. Most profitable coin to mine and immediately sell changes constantly. If you stay on top of that and constantly mine the most profitable coin to mine moment to moment and convert it to what you actually want, you'll get what you want for the lowest cost. If you want to support the security and integrity of a project you believe in, mine a cryptocurrency you believe in. The most profitable coin to mine & immediately sell is not necessarily the most profitable coin to mine & hold, but the latter is unknowable in a speculative market. But if you mine & hold something that you like that for good reason that has a good use case, you'll probably do alright in the long run! • • • • • • •.
Everone doesn't say that you are better off just buying coins. Case in point: $5000.00 today will buy about 15 monero. I have $5000.00 invested in mining equipment that produces about 15,000 H/s and makes about 4 monero per month.
In 8 months I will have mined over 32 monero putting me 2 monero ahead. Every subsequent month will put me 4 more monero ahead of just buying monero. If the difficulty increases it will take more time to realize the avantage mining has over just buying monero, but the advantage remains and it is real.
• • • • • • •. Lets examine my noob math. According to the mining calculator at My rig: $5000 @ 15,000 h/s and 2000 watts @ $0.06 per kw/hr. Difficutlty increasing at%10 per month. Monero price $387 increasing 10% per month.
After 24 months I will have mined 38.78 monero@ $1066.14 worth $41,345.00. After I pay for my equipment I will have a net profit of $36,345.00 Now lets examine buying coin. $5000.00 will buy 12.91 monero@$387.00. After 24 months you still have 12.91monero but they are worth $1066.14 apiece for a total of 13,763.86 Maybe I am just a noob but mining looks better to me. • • • • • • •. I should downvote because of non-quality posting but i give you an upvote for the effort.
XMR Blockreward is decreasing with each block. That's why i said, even if your diff stays, the reward goes down. Lol • very very first of all, if +10% xmr price, the price in 2 years is 3811$ (387 * 1.1 24) • first of all, 5k$ for 15kh/s sounds bullshit. • second of all, you need to sell coins in between for electricity. • what if monero does 2k$ in january? You think 10% is a legit increase? We saw network double within 2 weeks.
Do you really think 10% is a good increase per month? You are not long enough down the road.
• the onliest reason to mine is to have less risk (and also less profits then buying in). • if buying into and coin stands or drops value, you sit on a loss. With mining you can still correct it out + • you never mined. You believe peoples hashrates.
You should start mining yourself and verify hashrates. Then do your math & • if network is 10x as big as it is now and the Blockreward is down to 3.5 XMR you do Monthly 0.245 XMR. Now please do your math again. • • • • • • •.