RE: Why Makes Monero A Better Investment Than Bitcoin

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Why Makes Monero A Better Investment Than Bitcoin

in cryptocurrency •  8 years ago 

Hey Crypt0! your youtube videos are great, I like how your so honest about not really knowing the future, but eager to get in there and gamble it up. Whats your position on XRP, I have a friend who's very bullish on it and wants me to put a G in it. I enjoy altcoins and have been trying to read more and learn more about them all, but it's hard to know which will crash and burn and which will be good investments. It's time consuming learning the history and breakdown of each new coin, as there are so many, but I feel alot more familiar with the top 15 on coinmarketcap compared to 3 months ago.

Oh, I'm also thinking of building a mining rig. My electricity bills are under these regulations "Our residential usage charge is a two-tiered Conservation Rate. You pay 8.29 cents per kWh for the first 1,350 kWh you use over an average two-month billing period. Above that amount, you pay 12.43 cents per kWh — what we call Step 2 — for the balance of the electricity used during the billing period."
That's in CDN money, so I'm sure if I can keep the rate to the first one, it's profitable in my area to set it up. Do you have any idea how much your rig is in power consumption a month? I'd probably wanna build something similar to the 5 gpu one you made, then mine steem or ETH(ETC).

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