Escape From a High Difficulties Mining Rate....

Steemit Users.....

As usual I will make a simple plan article content to be shared.

So lets get start with the content...

Lately, I read a lot of articles about mining difficulties rate. It shows some comments and complaints in decreasing mining value and having a longer time for their target of R.O.I.
Some say their have gained less profit than before. Thats might be true. I'm experiencing the same thing too.
There is something that we need to know about it and there are reasons why it is happening.

Here are some of reasons ..

Mining activities....

The number of miner keep on increasing everyday meaning there are more and more people wants to have their compute crypto mining machine to mine their favorite crypto currency and of course their main target is the Bitcoin.

What are the effect....?

The digital block became harder to mine...more miners come in and the smaller share miners will get and the reasons for that is...The digital block itself need to be fair for miners in order to control the values of it without making more coins and that can be a big catastrophic if there is no control over it. That controlling part only can be done by the developers of the crypto coins themself. It is important to have that in order to balance its value and to maintain the life of the crypto coin itself and exist for a longer period of time...for life perhaps.

What happen if there are no control over it!?

More coins will be produce....and the value of the coin will be drop low and the worst is it will be ZERO! and thats mean its THE DEATH OF THE COIN....!! That Big Chunk is not yummy anymore.

How to get more crypto coins than the rest of the miners...!?

There are several options but its not the SOLUTIONS.... Maybe you can consider to upgrade your mining hardware add more graphic cards if you are one of the GPU mining miners. I'm not adding more details on how to improve your mining hardware right now.

Another options is...

If you come with a big hunky budget and the risk taker...you can have a vacuum cleaner mining machine to suck all the coins into it..LOL...Nahh.... just kidding. Get the ANTminer mining machine...The ANTminer developer have provide various models and option.. the latest the better...and you need to be responsible to your electric bills..haha it will suck a humongous amount of power to make it work and a proper maintenance and thats don't come in a cheap way. Most of the GPU mining miners will not going to have a friendly conversation with the ANTminer mining miners...Gosh!!..thats was a tongue twister practice...haha..and I'm not going to discuss more about it because I don't want to get involve into any controversial issues about it.

Other alternatives....

Switch into another different crypto coins make some research and be sure on how to get the appropriate guides about it. Otherwise you are just losing your times and effort on doing it. Get more acquaintance who had more knowledge and most important avoid stumble with scammers and the trap always fall on a newbie.
Choose the right mining pool instead of using auto mining software such as Nicehash, Winminer and Beeminer. I did not say they are bad...its because even they mine in a different algorithms.. at the moment their payment method is available in Bitcoin only but I do herd some start to pay using the Litecoin and Ethereum. Minergate can be your last resort. You can select any crypto coins to mine with it anyway I did not say it will be the best choice where there are lots of other thing that you might consider with it especially the fees and other issues about the Minergate mining software.

Last but not least...

I would like to say...I'm not a financial advisor or programmer. Some points may not be appropriate and I believe there are rooms for improving the contents for this articles and I appreciate any comments from you to help anyone of us as the crypto coins enthusiast. I apologize for any common mistakes in typing errors or any incorrect phrases used in the articles. I was excited to contribute the simplest contribution and basic information for the multi background Steemit User based on my knowledge through learning experiences.

So..thats the most I can do for now. I hope I have briefly gave some basic general points and picture on whats going on and enjoy reading the content.

Thanks for dropping by.

God blessed...LONG LIVE CRYPTO!

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