RE: Advice for Mining

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Advice for Mining

in cryptocurrency •  7 years ago 
  1. look for the coins that are new, because they will be easier to mine
  2. read up on how to make alternate energy to power your PCs
  3. the chance that you might mine something that will never amount to anything and you spent a lot of money on electricity.
cryptocurrency
7 years ago by

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      ·  7 years ago 

    So would Ether be worth the plunge?

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        ·  7 years ago 

      If you want to get in one at the bottom, maybe go with SmartCash. They have been marketing like crazy trying to get a foothold. They even give out money tips here on Steemit if you write articles about them or just comment on their articles.

      Etherum is pretty big right now and as far as I can tell, you don't mine it, you just start your own Token based off of it for some other project.

      sometime in 2017 Ethereum will be switched from Proof of Work to a new consensus algorithm under development, called Casper that is expected to be more efficient and require less mining subsidy. ~ https://www.ethereum.org/ether

      I haven't looked into others, there are so many.

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