Official forum for Utopia Community
You are not logged in.
Changes in mining devices and technology, the creation of professional mining centers with enormous computing power, and the shifting price of Bitcoin and other altcoins have affected the incentives and landscape for mining. Individual miners wonder if cryptocurrency mining is still profitable.
Offline
Changes in mining devices and technology, the creation of professional mining centers with enormous computing power, and the shifting price of Bitcoin and other altcoins have affected the incentives and landscape for mining. Individual miners wonder if cryptocurrency mining is still profitable.
Several factors determine whether bitcoin mining is a profitable venture, including the cost of electricity to power the mining machines, the availability and price of machines, and mining difficulty.
Offline
<div class="quotebox"><cite>Camavinga;11952 wrote:</cite><blockquote><div><p>process effectively entails millions of computing machines racing to solve a complex, but meaningless, problem. That pays less at the end of the day.</p></div></blockquote></div><p>Are you trying to describe mining? If so then why would you refer to the problem as meaningless. It's also very profitable.</p>
Mining recently is not profitable at all. The best way is to join a mining firm to make the list profit out of it. So to me, doing it all alone is a waste of time and meaningless.
Offline
Kelechi;11957 wrote:<div class="quotebox"><cite>Camavinga;11952 wrote:</cite><blockquote><div><p>process effectively entails millions of computing machines racing to solve a complex, but meaningless, problem. That pays less at the end of the day.</p></div></blockquote></div><p>Are you trying to describe mining? If so then why would you refer to the problem as meaningless. It's also very profitable.</p>
Mining recently is not profitable at all. The best way is to join a mining firm to make the list profit out of it. So to me, doing it all alone is a waste of time and meaningless.
The basic instructions about the income policy is that a solo mining might not be as profitable compared with the cooperation of other miners.
Offline
there are proper procedure to follow its all about information and asking the right questions
Offline
Mining recently is not profitable at all. The best way is to join a mining firm to make the list profit out of it. So to me, doing it all alone is a waste of time and meaningless.
The profitability of mining depends on the factors around it like how cheap electricity is around you and your location as well as the network you are mining on.
If you are in doubt you join a pool or look for alternative ways to earn.
Offline
Camavinga;11965 wrote:Mining recently is not profitable at all. The best way is to join a mining firm to make the list profit out of it. So to me, doing it all alone is a waste of time and meaningless.
The profitability of mining depends on the factors around it like how cheap electricity is around you and your location as well as the network you are mining on.
If you are in doubt you join a pool or look for alternative ways to earn.
The price of Bitcoin mining equipment is a major factor in profitability. The prices of top and mid-tier application-specific integrated circuits.
Offline
The price of Bitcoin mining equipment is a major factor in profitability. The prices of top and mid-tier application-specific integrated circuits.</p>
That's true, the cost of Bitcoin mining equipment plays a major role in profitability and also the amount of electricity it consumes. The more the increase in demand, the more equipments you need to purchase.
Offline
Detroit;12173 wrote:The price of Bitcoin mining equipment is a major factor in profitability. The prices of top and mid-tier application-specific integrated circuits.</p>
That's true, the cost of Bitcoin mining equipment plays a major role in profitability and also the amount of electricity it consumes. The more the increase in demand, the more equipments you need to purchase.
Mining is quite a good aspect of generating income's and other values, the cost factors can be a little harsh when its comes to bitcoin but for the CRP its more affordable.
Offline
Mining is quite a good aspect of generating income's and other values, the cost factors can be a little harsh when its comes to bitcoin but for the CRP its more affordable.
Yes the cost of mining is relatively lower compared to other networks like bitcoin, making it more profitable for the miners who are on the utopia network.
The network is also still very secure.
Offline
Today, in order to be profitable with Bitcoin mining you need to invest heavily in equipment, cooling, and storage. It's not possible to mine Bitcoin profitably.
Offline
Today, in order to be profitable with Bitcoin mining you need to invest heavily in equipment, cooling, and storage. It's not possible to mine Bitcoin profitably.
If it was not possible to mine bitcoin profitably then there would not be anyone mining it at all. It is however more profitable to mine crypton than it is to mine some other cryptocurrencies and it is a very secure network.
Offline
The Utopia P2P network always provides an easy and affordable service to all its users ranging from their exchange transaction rates down to mining of the Crypton coin.
Offline
The Utopia community ecosystem has made cryptocurrency so easy that even a child can understand and work through it with minimal effort. That's one bridge the big dogs (bitcoin and etherum) in cryptocurrency have not been able to break.
Offline
Well I think being on the UtopiaP2P ecosystem with all of the projects interests in security, privacy protection and anonymity it hard to have any malicious threats here.
Offline
Bitcoin made a sharp recovery on Wednesday as the largest crypto token surged more than 4 percent, to inch closer to the $27,000 mark during this period.
Offline
<p>The Utopia community ecosystem has made cryptocurrency so easy that even a child can understand and work through it with minimal effort.  That's one bridge the big dogs (bitcoin and etherum) in cryptocurrency have not been able to break.</p>
You are absolutely correct mate. This project is one of the best I have seen so far in the history of cryptocurrency projects. They are so real and passionate with their customers which is a rare attribute you don't find in the crypto market.
Offline
The Forum is yet to get to their peak reward with enough traffic for all their good efforts. And this services they offer to all their users attracts and makes others believe in them and invest too. Users talk to others about where they’re treated right and recommend them
Offline
The Forum is yet to get to their peak reward with enough traffic for all their good efforts. And this services they offer to all their users attracts and makes others believe in them and invest too. Users talk to others about where they’re treated right and recommend them
We all knew how Bitcoins tend to come to the trade market and widely acceptable. So what you if CRP work on thesame foot of Bitcoin.
Offline
We all knew how Bitcoins tend to come to the trade market and widely acceptable. So what you if CRP work on thesame foot of Bitcoin.
CRP is not trying to be the new bitcoin as new projects like to project themselves, instead we are carving our own niche and utopia is creating its own space in the crypto world.
In a few years we would have new projects wanting to be the new CRP.
Offline
Europ;13185 wrote:We all knew how Bitcoins tend to come to the trade market and widely acceptable. So what you if CRP work on thesame foot of Bitcoin.
CRP is not trying to be the new bitcoin as new projects like to project themselves, instead we are carving our own niche and utopia is creating its own space in the crypto world.
In a few years we would have new projects wanting to be the new CRP.
CRP at an hypertech encrypted space of information and transaction. Its good to see the flow and glow of the CRP getting more better.
Offline
Lanistergame2;13246 wrote:Europ;13185 wrote:We all knew how Bitcoins tend to come to the trade market and widely acceptable. So what you if CRP work on thesame foot of Bitcoin.
CRP is not trying to be the new bitcoin as new projects like to project themselves, instead we are carving our own niche and utopia is creating its own space in the crypto world.
In a few years we would have new projects wanting to be the new CRP.
CRP at an hypertech encrypted space of information and transaction. Its good to see the flow and glow of the CRP getting more better.
It's more literally that we all talked this way and its obvious we don't actually know the reason why Btc face a cyber attack at the first place or was it that its popularity has effect in its decentralization.
Offline
JONSNOWING;13098 wrote:The Forum is yet to get to their peak reward with enough traffic for all their good efforts. And this services they offer to all their users attracts and makes others believe in them and invest too. Users talk to others about where they’re treated right and recommend them
We all knew how Bitcoins tend to come to the trade market and widely acceptable. So what you if CRP work on thesame foot of Bitcoin.
Different niches exist in businesses, so the CRP is like a niche or a type of Cryptocurrency which functions independently on its own features, rules and what they set to achieve or change in the history of Cryptocurrency. While CRP is trying to get to the top listing more coins are still trying to rise too
Offline
Different niches exist in businesses, so the CRP is like a niche or a type of Cryptocurrency which functions independently on its own features, rules and what they set to achieve or change in the history of Cryptocurrency. While CRP is trying to get to the top listing more coins are still trying to rise too
You are correct, utopia literally has created its own niche in the crypto space and already has a platform that can sustain itself without relying on any other system.
CRP would be revolutionary in the crypto space in years to come.
Offline
I believe with time more people across the world will hear about Cryptocurrency and more users will join because the CRP Coin can has the nice reviews to being in more users and intending investors
Offline