Understanding Mining for a small to mid Operation

By Wolf2015 | My Crypto Info | 23 Jun 2023


When I tried to show you a small operation can be profitable, many misunderstood and thought that if you wanted to mine Bitcoin you could only use SHA256 ASIC, this is incorrect. You can be paid out in Bitcoin, Litecoin or whatever guaranteed coins are available. The algorithims you choose will mine the most profitable coin at that given moment for example let us look at one I just set up yesterday.

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This shows you the total Litecoin that is being collected based on the amount of coins I am mining.

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This image shows I m using 5 Computer Algorithims and 1 Asic Algorithm that I am basically selling my hashpower on each algorithim for them to mine the most profitable coin.

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This image shows the coins that are being mined from the hashpower I am providing.

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This final image shows what coins have been mined and maturing. Once they are fully matured they are then exchanged for the coin I want to be paid out in.

 

This operation makes it easy to mine, and saves you the problems of finding what exchanges take that particualr coin. As a coin becomes defunct, the pool will automatically kick it out.

 

This makes it easier to live up to that age old proverb, work smarter not harder.

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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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