Mining strategy for the modern age

Do repost and rate:

Before I begin this article, there is something that should be noted. The main factor in getting the most out of this is to think an entire different way. Let me put this in perspective. The old system we were slaves and had to work for a specific amount per hour, or salary, and then on payday we received our entire pay for that week or pay period.

 

This is not how you are to use Cryptocurrency. When the payment is sent you are already paid. There really is no need to exchange cryptocurrency for fake fiat, you gain nothing from this. Instead what you should do is only take what you need. For example if you have the BLOCKCARD, you are sending cryptocurrency for cryptocurrency. Think about this you only need $50.00 to pay a bill or get groceries, there is no need to transfer the entire amount into your card. This only prevents you from gaining in the long run. The reason most people fail is they take a new system and try to use the old system with it. With that being said let us go to the strategy.

 

MINING DIFFERENT ALGORITHMS.

 

As I have stated before mining different algorithms is truly the key to this. Keep in mind to upgrade your computers in order to allow you to mine more profitable algorithms. What I am doing is using 5 computers with my S9 Sha256 Miner. Because I only have I-3 I will be upgrading to I-5 or I-7 at the beginning of June. Tomorrow’s article I will cover a better way to get the best at lower prices rather than major outlets that Jack up the prices for profit.

 

Now remember that image I circled the cpu coin algorithm.

 

 

What I am doing is mining on my computers these Algorithms; Verushash, Yescrypt, cryptonight_upx, yespower, and CPUCHAIN. On top of the 1 asic mining sha256. This way each algo is mining the most profitable coin for that algo, even though 2 of those algorithms only have 1 coin. The amount of coins then are mined and are immature

 

You do not have a total earned until the coin has completely matured and have gone to the exchange. That is when the total amount changes. In order to understand this the coin CPUCHAIN needs 101 confirmations, where Freecash, a SHA256 coin needs 14,000 confirmations. Keep this also in mind when you are looking at the progress. If the coin is not matured yet the value has not been calculated.

 

Once I get my upgraded systems, remember my goal is the same the Thread ripper is my ultimate goal, but like any game you have to start at level 1 and work your way up, I will try to mine at that point the rx2. The I-3 systems even though they have more threads than what I started with, seem not to want to mine that algorithm.

 

If you follow the most profitable you can do a lot better. What I must tell you is you need to look at this in the right way. If you continue to use a new system exactly the same way you used the old system, you will not come out ahead.

 

Insanity is defined as doing the same things over and over again, expecting different results.”- Albert Einstein.

Regulation and Society adoption

Events&meetings

Press Crypto

Ждем новостей

Нет новых страниц

Следующая новость