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Tuesday, July 10, 2018

Mining in a nutshell

All over the internet, there are people that claim they cannot make money, they have worried about electricity not even knowing that mining is a way to verify transactions in order to generate new coins into the market.

Forget that. Mining must be done in a way to gain multiple streams of income. You must do this in a way that would reap you the most benefit. The actual way top do this right is not to mine the most profitable coin at the top of the list, because we all know that profitability calculators have two important variables left out and they are:

1. How many coins actually left to be mined

2. How many miners on each pool mining at what hash rate.


Without those two important variables it is truly difficult to get an accurate calculation so let us look at what to mine.


If you look at the top coin of CMM, you will now understand that this coin is not the one to mine. Why? Because it is the most profitable to trade if you have it NOW. Not tomorrow, two days from now, or even a week from now. The top means you must have the coin in your wallet right now.

At the bottom you have Bitcoin private (BTCP), and ZENCASH (ZEN) these would be the coins to mine at this moment because as less coins are availabkle to be mined these coins will climb the ladder to the top of the most profitable so you can really get a good return on your mining.

Please remember not to make the mistake of mining ONE coin. Mining is a method of mining MULTIPLE coins in order to have multiple streams of income on a regular basis. If you are only mining one coin YOU WILL NEVER GET AHEAD EVER. 

Always use your own research in order to ensure you get the most out of mining

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