The Mining Operation-How to think

By Wolf2015 | My Crypto Info | 11 Jul 2023


As it was previously written, in order to succeed in mining you need to rethink your entire outlook. We have all been indoctrinated to receiving a paycheck at the end of a cycle. This is completely wrong.

 

The Military is proof of this. The entire cryptocurrency mining operation is to be thought of as a budget operation. This is simply a division of all your living expenses. One needs not have an income, this is what these criminals use to tax your profits. One only has to have an operation expense. For example weekly, Monthly, yearly would be the main receiving revenue.

I will go into each separately.

 

If you read the last article on the devaluation of the fake fiat, you will understand that the only measurement, should never be the fake fiat, all you will be doing is chasing the illusion, all one needs to do is measure your amount to the satoshi as a metric.

 

Weekly Revenue.

 

This revenue is not suppose to be a difficult coin, it should be one that can easily be paid out with an asic pod or and asic miner, This is the coin should be able to be paid a little faster than the more difficult ones. Let us look at a few.

DIGIBYTE

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If you look at the Digibyte pool, which can be traded within multi-coin wallets. You will see that the share difficulty is low only 6.67 GH/s The network Block difficulty is 56.67 TH/s. Now do not forget the mathematical computations that your miner receives is only based on the actual work you are performing. This means that an ASIC miner producing 140 TH/s are receiving Calculus Problems, while a T-9 Asic producing 10 TH/s would be receiving Algebra math problems.

 

LITECOIN CASH

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Let us look at Litecoin Cash. This coin can be traded on a few exchanges for Litecoin, or Bitcoin. The Share Difficulty is 916.67M this is almost 1 GH/s. The Network Block Difficulty is 1.24T. The point is you are mining to cover weekly, or bi-weekly expenses such as Groceries, things that are needed. We will cover others after. Remember this is to gain a faster influx of coins to be traded to be part of weekly expenses.

 

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Wolf2015
Wolf2015

Author, Veteran, Journalist, Investigator, Patriot. Determined to staying Curious as My teacher, who passed, always told me to do. Believe no one, Listen to everyone, but only trust what you yourself can verify with your own research. Never believe anyone


My Crypto Info
My Crypto Info

Education of cryptocurrency from a person who actually lives off of mining and how to understand the many ways you can earn. Must research all for yourself, because results can vary depending on your miner and internet connection

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