It is really a gamble from what I have seen. If you are lucky enough to start mining a coin that ends up blowing up then you are good. Other than that I think most people are going to struggle with the ROI versus what they pay in electricity, hardware, and stuff like that. I have a couple of projects where I have mined tokens and of course they haven't amounted to anything yet!
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I feel the same way as you do. And I really think that the "Golden days" for mining have passed. The investments you have to make are too high to be profitable these days. Or it must be what you say ... but that's such a gamble. I don't have the illusion that I will be able to pick that one project, that one coin that will go straight to the moon.
I thought about mining for a few times, but then when I researched a bit more, I came to the conclusion that it's not for me anymore. Still it's good to explore the possibilities.
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The one coin that I do mine is BOID. It isn't that he token has a ton of value right now, but when you mine BOID you are also donating computer processing power to the IBM world community grid to help tackle problems like cancer and covid.
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