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As recently, slushpool added Zcash to the mining pool, I'm using this pool and a mining RIG with 6x 4GB XFX GPU's. The profits for individual mininig may not be huge, but for stockpiling them for the future it is worth. One aspect here is that as Zcash came out it was 4300$ 29.
Is it worth mining Litecoins and then exchange them for Bitcoins (because I am not sure if there will be space for more crypto currencies in the future)? I can get about 25k hash/sec by CPU mining on my laptop, so this turns in something about 0.1 LTC per day which is .
Why is it worth mining iron? Because it gives very fast exp and easy to mine It may only be 35 exp per but it mines fast and the best place to mine ore is in rimmington.
Now work, a person's time is of some value so if a lot of work goes into mining or harvesting different elements this adds to the value of these elements as well. Answer 3: This answer is going to involve both some chemistry and some economics, so get ready! The key here is rarity -- .
Gold mining CAN be sustainable, but 85% or 90% of the time it isn't. Gold mining is hurting the environment badly, and it blasts away the entire mountains to unearth gold-rich ore.
Recently, people have been questioning the point of Bitcoin mining. This article will answer the question, is Bitcoin mining worth it? Keyword(s): Is Bitcoin Mining Worth It? Bitcoin has once again surpassed the cost of an ounce of gold. According to this report, one Bitcoin is worth $1,268, while gold's trading value is at $1,235.
Dec 07, 2017· The answer to this question is no. Building an Ethereum mining rig hasn't been worth it for months and a few months from now, mining ether will be completely obsolete.
Mar 17, 2016· To answer that question, it's worth hearing from the practitioners – the digital diggers and drillers. "It took ages for me to mine bitcoins because of enormous competent people mining with ...
Aug 16, 2012· South Africa is a world leader in mining. The country is famous for its abundance of mineral resources, accounting for a significant proportion of world production and reserves, and South African mining companies are key players in the global industry. Kumba Iron Ore's massive operations in the Northern Cape include Sishen Mine and Kolomela Mine.
May 31, 2017· Ether. I suppose, given that you ask what to mine and not whether you should mine or not, that you already have some knowledge and stuff. Also, your question is about today. That's why I go for Ether. Let me elaborate. I have been mining ETH for q...
Gold Mining 1. Why is it worth mining gold?:: source of economics:: economic value in the jewelry industry as well as in high level electronics:: highly profitable. 2. Where are the locations of the major mining activities in South Africa?:: Witwatersrand:: Gauteng:: Welkom. 3. Discuss each of the following steps: 3.1.deep level underground mining
Jan 29, 2019· While mining is still technically possible for anyone, those with underpowered setups will find more money is spent on electricity than is generated through mining. In other words, mining won't be profitable at a small scale unless you have access to free or really cheap electriciy.
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef or placer deposit.These deposits form a mineralized package that is of economic interest to the miner. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay.
Even my advice earlier this year now rings hollow: if you started mining with $10,000 worth of PC hardware in June, you might have a couple BTC or 30+ ETH by .
Ethereum Community Forum. ... Even if a coin is just below the profit margin, It's more than likely still worth mining, Because you'd pay more in fees buying the coin, Than the cost of mining it. ... Why would you come to the mining forum and tell potential miners to not build rigs? It's no loss to you if more people start mining, and it's no ...
Why is it worth mining iron - The Q&A wiki. Why does capital gold mining res release no news? Answer it! ... Why is iron worth mining? Iron is worth mining because of the high returns promised to us ... The Mining Africa Summit 2012. Tendele Coal Mine Felix Manyanga Mine Manager South Africa...
Coal mining processing plant in Nigeria. This coal mining project is an open pit mine located in Nigeria, announced by mining company - Western Goldfields - that it has discovered 62,400,000 tonnes of proven reserves of coal deposits worth US$1.2 billion which could .
Oct 03, 2017· There are 3 main factors that mean something has "worth" measured in this case by how much fiat currency (e.g. USD) you can buy or sell it for. 1. Limited Supply 2. Creation or production cost 3. Acceptance in your domicile For example, using gold...
Is Bitcoin mining worth it? This is a simple question with a complex answer. There are a few different factors that influence whether or not Bitcoin mining will be worth it for you. Even with the rising Bitcoin price, the set-up fees and electricity costs may outweigh the revenue that you'd earn through mining.
Jul 15, 2016· 6 Reasons Why Blockchain is Worth Getting Excited ... We're even seeing the tech being used for everything from live-streaming to mining light bulbs to creating ... Blockchain How Blockchain is ...
Now they're $300+, even for used. I recommend mining, of course, cuz I benefit from a stronger network, but it's up to you. If you think monero will largely stay obscure for a year or two more it's definitely worth mining. If you think we're on the verge of giant mall sized buildings filled with gpus mining monero, it's probably best just to buy.
Is Altcoin Mining Worth it? Mark January 18, 2017 Education, FAQ. Cryptocurrency mining is a novel topic which interests almost anybody who first hears about it.
Mining in South Africa was once the main driving force behind the history and development of Africa's most advanced and richest economy. Large-scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery and exploitation of the Kimberley pipes a few years later.
Oct 06, 2017· What are risks of buying the Zcash mining contract? In order to understand if Zcash mining is profitable, one needs to consider the risks. Genesis mining Risks. This company can fail. However, genesis mining has been executing successful mining contracts for many years.Genesis mining is the only mining company I trust when it comes to cloud mining.
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