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General Crypto Discussion If you are mining or thinking about mining with Freedom here's something you should know!

Discussion in 'Freedom! Crypto' started by g grade, May 17, 2018.

  1. g grade
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    g grade Rising User

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    You will not make any money mining the coins that freedom has to offer or at the rate they offer...

    Yes it will show you earning . But the power cost to mine what you earn will cost more...

    And if you are gonna claim im a liar. Please provide mathematical proof, proving me wrong thanks!.
     
    #1
  2. LW001
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    LW001 Moderator Moderator Wiki Contributor Beta Freedom! Member

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    The crypto Miner has a built in wattage calculator which you can use to calculate profitability based on your electricity cost individually.
     
    #2
  3. Koala_Steamed
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    Koala_Steamed Administrator Administrator

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    #3
  4. g grade
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    g grade Rising User

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    true but with what freedoms offering.. eh... Just look at it smh.
     
    #4
  5. Koala_Steamed
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    Koala_Steamed Administrator Administrator

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    I agree it's not great at the moment but still in the early stages of development.
     
    #5
  6. Kenbandotv
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    Kenbandotv Rising User Freedom! Member

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    It cost more to mine, The payments are showing that your paying more money mining
     
    #6
  7. Koala_Steamed
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    Koala_Steamed Administrator Administrator

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    What's your electricity cost? Unfortunately if you have high electricity pricing it may not be profitable mining at the moment (right now the whole crypto market is down) https://coinmarketcap.com/all/views/all/
     
    #7
  8. Robert Clark
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    Robert Clark Rising User Freedom! Member

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    ATM it isn't incredibly profitable to mine very many currencies. I am using minergate (IF YOU WANT TO JOIN MESSAGE ME AND I'LL SEND A REFERRAL LINK) software to CPU and GPU mine several currencies.

    For example on their site they estimate the earnings of Monero(XMR) to be nearly 24x's higher than the nearest one, which is Quazarcoin (QCN)

    crypto.JPG
    SOLS.JPG
    In my opinion you're not going to get rich mining. It seems about as profitable as making YouTube videos right now. LOL
    --- Double Post Merged, Jun 17, 2018 ---
    for reference my computer can do 120 h/s or ~10 sol/s depends on what I'm running
     
    #8
    Last edited: Jun 17, 2018
  9. MrSpecies7
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    MrSpecies7 Rising User Freedom! Member

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    Has anyone made mention of actually earning anything with this system here yet?
     
    #9
  10. Robert Clark
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    Robert Clark Rising User Freedom! Member

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    I haven't seen anyone talk much about the Freedom Crypto miner earnings.

    However i have not been looking either.

    With Minergate i have earned about $59 in the last 6 months. So not a lot, but if the values spike it will be worth a lot more.
     
    #10
  11. Koala_Steamed
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    Koala_Steamed Administrator Administrator

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    There has already been a payout, at the moment its fairly small due to Bitcoin crashing. A lot of currencies aren't even profitable with GPU mining if you have high electricity costs. Hopefully this is just a dip in the market and it will pick up again though :)
     
    #11
  12. Kenbandotv
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    Kenbandotv Rising User Freedom! Member

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    Its not great but at-lease you earn something
     
    #12
    RockieGO likes this.
  13. RockieGO
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    RockieGO Respected User Freedom! Member

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    I run mine 24/7 unless I am streaming. but it's running in the background, I forget its on. and I make some money, nothing to buy a yacht. but helps with buying games and upgrade on PC. :) like Koala said it's a start, hope its a start into something bigger. it is still in BETA stage too.
     
    #13
    Vihisha and KrazyK Gaming like this.
  14. Robert Clark
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    Robert Clark Rising User Freedom! Member

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    And if you just hold your coins and ride the waves
     
    #14

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