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Jeffbrad
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 18
Joined: Fri Apr 19, 2019 4:35 pm

Re: Start Mining On Veil Now To Earn More Profits:

Tue Apr 30, 2019 4:45 pm

Remember that depends on how much hash power that you can get it from your mining rig. To get profit from mining veil is not so easy as you said because you must compete with another miner too. Electricity, maintenance cost and more need to be considered before we can define where we are at this moment. Veil is a good and promising coin but we must understand what we build.

shinratensei
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 38
Joined: Tue Apr 16, 2019 12:59 am

Re: Start Mining On Veil Now To Earn More Profits:

Mon May 06, 2019 4:50 pm

My senior colleague and I put resources together so as to start veil mining but from our calculation it won't be much profitable for now but at the long run we are going to be happy we take the risk now.

But if you are using some GPUs and it may profitable. How profitable or nor depends on your mining rig, the difficulty and your electricity cost.
A lot of factors still need to be determined before try to mine it and i was doing POS staking and mine veil and get some pennies.
that's not a big mistake to bet on the a potential coins in the future consider this one created by the team that runs the PIVX foundation. Just curious about what kind of GPu that has been used by you?

karldark
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 12
Joined: Sun Apr 28, 2019 9:55 am

Re: Start Mining On Veil Now To Earn More Profits:

Mon May 06, 2019 6:33 pm

Mining is a good way to earn with Veil but it employs a hybrid consensus so users can stake their Veil and earn rewards also. This is a very good alternative as it provides an eco-friendly alternative to mining although more eco-friendly mines are beimg developed globally.

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