Marketcap amount in the system to trade and price is what to watch for with alt coin like this if they pump or fall. If people are not holding the coin or selling it off the price starts to tank as panic sets in if the crypto coin will die off becoming worthless. If people hold the coin and mine it moderately not in massive dumping of new coins into the market the price stabilizes and goes up. This is why ETH went proof of stake as any more mined coins would have killed that crypto coin off.
ALEO will be this as well once Bitmain releases its asic miner for that crypto coin. Tough times to be a small time residential miner here as the big asic makers destroy the mining abilities for the residential miners. Big fish eat little fish again.
I mined on NEXAPOW on a 4090 gpu before I sold that gpu off as next is an inefficient coin to mine like KAWPOW coins being absolute power hogs vs other coins like zelhash and xelis.
3 miners will run your bill at or near 300-500 dollars us if you plan to run these 24/7 here. If you want to buy these buy them when the market is low then wait for another pump to turn them on here to avoid getting gipped on electrical costs as these miners run at 500-watts each so you need to make sure they generate at least 5 dollars a day here otherwise true them off and keep them off until the coin pumps as the AL3 puts more of an emphasis on the price off ALPH vs the amount you mine here. It will be the same way with ALEO once vitamin releases its big miner for that coin as well for us residential small time miners.
As a new miner, I jumped in when the snapshot of ALPH made sense. So now that I understand the game, maybe I'll go buy 5 of those ALEO miners to get a headstart. With ALPH failing, surely ALEO will be the way to go! /s
I would buy that AE0 however I need to see it for a full 30-60 days on the network before I buy one to see if the price tanks along with how many coins you can mine from the AE0 as the miner costs 4 grand after taxes and import fees. Buying an AL2 Lite only costs 500 dollars right now so to me this is a no brainer as I only need one more AL2 Lite before I hit the circuit breaker box wall on power draw limits. I think ALPH will rebound but it wont ever be a 6 dollars a coin for a long time to come here unless mass adoption of it takes hold here.
@redpandamining Honestly ALPH has been very disappointing so far worst investment yet, starting from the AL Box to the AL3 all i can hope for is just earning my money back vs actually making any real profits, even if ALPH goes up 4x today still going to take 6 months to breakeven from all my initial investment, and we know ALPH is not going to 4x and hold for 6 months, so yeah for now i am mining and holding for next bull run to come out on top, its a good thing i normally mine and holding long team anyways, so i know in the end for me it will work out well 5 years from now 😅
ALPH needs to have price pump to keep residential miners in the game here. I don't see that happening though. If your wanting to compare watts per coins mined plus value of said coin you may need to just save up money and buy the Volcminer D1 mini instead here if your worried about electrical costs and getting above that 5 dollars a day line to justify running 500-watt asics running 24/7 here unless you want to gamble on a future price jump on ALPH.
Again it depends if you can afford the monthly electric bill or not. Mining ALPH right now is like trying to mine solo in any crypto coin as you are basically mining at a lose betting on a future price pump at this point here especially if your a residential miner running AL2 Lites.
@ yeah I got my deployed and I paid up front for 6 months of electricity. Normally before the good times there are some pretty dark times, wouldn’t be able to afford running my al3 at home.
Might as well buy the Volcminer D1 mini instead and mine doge here at this rate to mine for residential mining options unless ALPH rebounds back to 2.50 per day per coin or more which in planning on doing since I like to buy asic hardware at or near MSRP before ALPH makes a rebound here if it ever does in the future as I can run 3 of these miners and maybe an AE0 as well before my circuit breaker box flips off due to over doing the power draw in my basement apartment in my families duplex. I'm not counting on that happening though as AL2 Lites are dirt cheap again to buy at 500 USD again before shipping and import taxes and duties. Anything running at 500 watts in ASIC power requirements needs to make at minimum 5 dollars a day (preferably 10 dollars a day) to justify keeping them on here as electricity bills are not getting any cheaper for us residential miners here.
Alephium baby 🔥
Lets go B❤
Dumpster fire?
Shame, add ALPH to the list of coins destroyed by IceRiver
More like Bitmain you mean!
Liquidity boost means they will transfer their wallets to exchanges and make Alephium available to buy if there's an interest, they can dump too.
Marketcap amount in the system to trade and price is what to watch for with alt coin like this if they pump or fall. If people are not holding the coin or selling it off the price starts to tank as panic sets in if the crypto coin will die off becoming worthless. If people hold the coin and mine it moderately not in massive dumping of new coins into the market the price stabilizes and goes up. This is why ETH went proof of stake as any more mined coins would have killed that crypto coin off.
Mine and hold w/ ALPH, but would like to see the addition to some larger CEX'es to make it easier to buy directly during these dips.
I was thinking APLH would be the next ETH. My bad it seems in thinking the name similarities would mean it's a spiritual successor to ETH.
ALPH is a flop. Kaspa 2.0. The AL3 was one of the biggest money pits yet. Everyone who purchased this will never get their r.o.i.
I learned on kaspa asic!
ALEO will be this as well once Bitmain releases its asic miner for that crypto coin. Tough times to be a small time residential miner here as the big asic makers destroy the mining abilities for the residential miners. Big fish eat little fish again.
it can do double profit = mining reward - stake on elexium (alephium dex) - stake reward - buy asic.
Who won the rx470 cards
Did you try mining Nexa?
I mined on NEXAPOW on a 4090 gpu before I sold that gpu off as next is an inefficient coin to mine like KAWPOW coins being absolute power hogs vs other coins like zelhash and xelis.
The electronic bill most be lot ?
3 miners will run your bill at or near 300-500 dollars us if you plan to run these 24/7 here. If you want to buy these buy them when the market is low then wait for another pump to turn them on here to avoid getting gipped on electrical costs as these miners run at 500-watts each so you need to make sure they generate at least 5 dollars a day here otherwise true them off and keep them off until the coin pumps as the AL3 puts more of an emphasis on the price off ALPH vs the amount you mine here. It will be the same way with ALEO once vitamin releases its big miner for that coin as well for us residential small time miners.
interesting about the announced liquidity boost announced earlier today...
As a new miner, I jumped in when the snapshot of ALPH made sense. So now that I understand the game, maybe I'll go buy 5 of those ALEO miners to get a headstart. With ALPH failing, surely ALEO will be the way to go! /s
I would buy that AE0 however I need to see it for a full 30-60 days on the network before I buy one to see if the price tanks along with how many coins you can mine from the AE0 as the miner costs 4 grand after taxes and import fees. Buying an AL2 Lite only costs 500 dollars right now so to me this is a no brainer as I only need one more AL2 Lite before I hit the circuit breaker box wall on power draw limits. I think ALPH will rebound but it wont ever be a 6 dollars a coin for a long time to come here unless mass adoption of it takes hold here.
In it to win it. DIAMOND hands 👐
Strange that no firmware updates for something different…. Lot’s of hardware garbage…
Liquidity Boost = Dilution?
I used to like Alephium, i still do but i used to as well. Too much downwards pressure from the AL3HOLES
i bought 2 al0 now my life is over.
Where is ALPH getting the Liquidity ? From the PreMine ?
@redpandamining Honestly ALPH has been very disappointing so far worst investment yet, starting from the AL Box to the AL3 all i can hope for is just earning my money back vs actually making any real profits, even if ALPH goes up 4x today still going to take 6 months to breakeven from all my initial investment, and we know ALPH is not going to 4x and hold for 6 months, so yeah for now i am mining and holding for next bull run to come out on top, its a good thing i normally mine and holding long team anyways, so i know in the end for me it will work out well 5 years from now 😅
ALPH needs to have price pump to keep residential miners in the game here. I don't see that happening though. If your wanting to compare watts per coins mined plus value of said coin you may need to just save up money and buy the Volcminer D1 mini instead here if your worried about electrical costs and getting above that 5 dollars a day line to justify running 500-watt asics running 24/7 here unless you want to gamble on a future price jump on ALPH.
Mining and holding till it finally gets a fair market cap
Again it depends if you can afford the monthly electric bill or not. Mining ALPH right now is like trying to mine solo in any crypto coin as you are basically mining at a lose betting on a future price pump at this point here especially if your a residential miner running AL2 Lites.
@ yeah I got my deployed and I paid up front for 6 months of electricity. Normally before the good times there are some pretty dark times, wouldn’t be able to afford running my al3 at home.
Oh, what a bloodbath there. Glad I passed on this miner
i swapped half my mined alph for BTC
alephium boy here
I think I'm the only person not mining alph 😢
Don't worry you "SAVED " yourself a lot of money by not mining alph. Believe me 💯
@southtexangamer3818 nah, I mined kaspa 👎🏽
@EKC420_LLC yeah I did really well with kaspa too but my ks3m only lasted profitable for like 6 months but I never broke even and I'm still holding...
I been selling all my mined alph because I'm getting kda vibes 🧐🤮💀
Kaspa 2.0
Might as well buy the Volcminer D1 mini instead and mine doge here at this rate to mine for residential mining options unless ALPH rebounds back to 2.50 per day per coin or more which in planning on doing since I like to buy asic hardware at or near MSRP before ALPH makes a rebound here if it ever does in the future as I can run 3 of these miners and maybe an AE0 as well before my circuit breaker box flips off due to over doing the power draw in my basement apartment in my families duplex. I'm not counting on that happening though as AL2 Lites are dirt cheap again to buy at 500 USD again before shipping and import taxes and duties. Anything running at 500 watts in ASIC power requirements needs to make at minimum 5 dollars a day (preferably 10 dollars a day) to justify keeping them on here as electricity bills are not getting any cheaper for us residential miners here.
ALPH and KAS is dead
Very nnice ❤