Prime strategy, I do the same with my mining rigs, instead of sinking paychecks into the market, I let the crypto pay into the crypto!
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Prime strategy, I do the same with my mining rigs, instead of sinking paychecks into the market, I let the crypto pay into the crypto!
May I ask what coins you mine?
Right now I'm mining ETH and SIA. I don't have a massive set of rigs, so nothing with a huge difficulty. I was mining BTG on the launch but just kept having issues with hashrates. It would start out just fine...I leave to work, and suddenly it's cut down by 80%....so I figure since alot of GPU miners moved to BTG I would just go back to ETH and SC. Right now my rigs are limited due to not updating ethos....and due to ethos. When I get a chance, I'm gonna just swap to Windows for it all. I don't necessarily want to do that, but the software is just easier to navigate and switch coins without having issues or errors. I'll only do that if I want to mine other coins. ethos is great for some coins (Z coins, ETH, SC) but it is limited as to what miners you can use on it, where as everybody caters to the windows crowd, so there are actually more options. I was mining XMR fora while, but the results were just too little to be worth the CPU power used. I just moved, so I just got my setup running again, which is why everything is out of date at this point. Do you mine at all?
I'm going to look into leasing to SIA as well pretty soon, just to add to my regular payouts. It's not much, but everything helps, especially with these less than 1 cent coins that have great potential.
Thanks a lot for your detailed response. I've been a massive fan of Sia until @dan dropped some info on storage on EOS. So Sia is pending to become my #2. Have you thought about Storj? They pay more for your storage and they are making great partnerships. The payment is I believe 5 times higher for your storage. So you could mine Sia and Store for Storj.
What's your plan for PoS ETH? Will you switch to ETC or something else?
I bought some ETH and Dash mining contracts from Genesis mining. I also mine some XMR on my laptop just for the sake of giving finger to the governments. That's about it really.
Also please consider https://sonm.io/ to add to your crypto adventures. SONM is like Golem but like Golem-killer.
Once POS is the main verification method for ETH, I will likely jump to a Z coin.
Thanks for the heads up on Storj payouts.....I hadn't looked that deeply into it yet. It seems prudent to mine SIA and get paid by both by leasing to Storj at the same time.
I mainly mine SIA because it works REALLY well in dual mining software. I get incredible hashrates for SC while not having any drop in my hashes of ETH on the same machine.
I'm hoping to one day get paid for witness work on BTS, but that's a ways away.
Also, I will definitely check out sonm at your recommendation.
I got this link from a friend. https://www.coinwarz.com/cryptocurrency?sort=profitusd&dir=desc ZenCash and VERT looks profitable. If I remember correctly XVG has more future upside according to @haejin. Zencash is very Dash-ish, VERT is the weakest among the 3. So try mining some Verge too.
Good luck on becoming a witness.
Good link, I've seen the site but just at a glance....didn't realize it was a mining comparison. Awesome info as usual my friend! Also, all three of those are good investment coins, which to me means good mining coins. I stick to equihash generally.