Best four Reasons why not to mine dogecoin personally

Updated on August 8, 2018 in DOGECOIN
0 on August 8, 2018
  • Direct mining Doge will see no rewards, because you’re competing with 3 Terahash of LTC pools, chasing $2 per minute worth of Doge.
  • Mining Scrypt is not profitable, unless you already have equipment and free power. You can expect to earn $1 every 2 months or so per Megahash you throw at it.

  • All mining is unprofitable unless you have huge resources, because of massive operations with low costs. You can’t compete with a warehouse in the jungle next to a hydro power station with 2 guys earning peanuts for looking after 5,000 bleeding-edge miners.
  • ALL Cloud mining is a scam, and always has been. Period.

Please drop your thoughts on this topic

 
  • Liked by
  • dogelover
Reply
Loading more replies