Best time to start monero mining on your old PC!! No more unfair competition
this post was submitted on 03 Jun 2024
34 points (100.0% liked)
Monero
1655 readers
33 users here now
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
founded 1 year ago
MODERATORS
Unfortunately, expected payout here is about 1/4 of energy cost with a machine from less than 5 years ago.
You gotta look at the future price of Monero ;)
Buying XMR from exchanges with the money it would cost me to mine would result in me having 4 times as much XMR in the future at that value, so it's still not a viable proposition
Might as well just invest then…