Well it's the end of day 3 of the HODL Experiment! I recently talked about an easy way to accumulate crypto in yesterdays post, and its still going very well! With this method, Ive accumulated:
516.9 SC - Sia
3.319 CVC - Civic
0.345 BTS - BitShares
It's turning out to be pretty profitable for little work!
I've been mining on NiceHash for sometime before this 'experiment', and broke the .01 BTC payout threshold. That being said, I stopped Nicehash this evening as i'll get my payout Sept 1st. I've moved on to wanting to mine a coin directly; and before deciding, I went to WhatToMine to look at my options.
Now at first glance, ETH would be the best option (even for just holding and speculation on price.) However most pools payout between 0.1 and 0.05; My current GTX 1060 would take a few days for sure for a payout, and my 960 can't mine ETH. Id much rather just buy some ETH outright.
ZEC is somewhat similar. Id earn about 0.009 ZEC a day. I'm interested in quantity to start! I'm going to hold these for a YEAR!
Which leads me to MUSIC. I can gain about 50 MUSIC a day, and as well since its the same algo as ETH, I can also dual mine Sia! Which will maximize my income; it will only be about 40 SC a day, but heck ill take it!
I'll post an update with account stats tomorrow!
Thanks for Following everyone! Post your thoughts below, and thank you for all the upvotes and support! (I will be posting STEEM crypto holdings soon too!)
Good job!
I'm currently mining some musicoin on my secondary rig. It definitely seems to be the best coin to mine for somebody who wants the most units for the given amount of hash. However, it is important to look into what coins have the best roadmaps to determine what is the best coin to mine.
Once you have your MUSIC if you find that it's roadmap is not exactly what you are looking for in an investment you can also trade it on an echange for something more along the lines of what you want.
I completely agree with what your saying!
My plan is to aquire an assortment of coins and hold them. So if MUSIC goes from being worth 5 cents to 10 cents in a year, then great! If not, well it may become the next doge. Lol
SC I think is going to be the exponential boom in a year, hence why I've really wanted to aquire a bit of them.
Bitshares seems completely solid, just needs more adoption.
Maybe in my upcoming posts I'll talk about my thoughts on certain coins.
You are off to a great start!
I'm hoping to pick up some good tips from you!
Appreciate it. I have a few things up my sleeve which will hopefully work out in the long run... We'll see! Stay Tuned!