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RE: STATS time, earned over $2000 in cryptocurrency TODAY

in #steem7 years ago

Stats are always interesting, although not always showing the whole picture. It would be really interesting if there were stats of how you started and maybe reasoing behind it.

For example, for a beginner now, what are the options? I know that there arent many contracts available for mining now, i think only ETH and monero, ETH looks like its going up but difficulty as well so not sure if its recommended to start from zero, and monero doesnt look right now that profitable for mining (although if price keeps on growing, that could change). Any thoughts?

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you are right, starting with a small amount of mining hashrate now might not be a good idea, I have developed a theory that 1 year from now all mining contracts will be sold out for ever, and anyone who has a contract a year from now will be like a an "early adopter", getting paid daily in amounts of money so big that it's unimaginable right now

So , more or less what i am afraid of. You would say that anyone with less than 1k (dollars) for cloud mining investment, shouldnt take the risk of cloud-mining ? Thats the idea i got based on my search, the 1k i mentioned is a generic number , but thats what i would consider a 'good' investment right now , or if not good, i would say minimum.

right now $300 in cloud mining is a good investment, along with upgrading the contract at least 1 time per week, with a minimum of $30

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