01-07-2018, 02:49 PM
Do you have any idea how long it takes for the transactions to cancel, assuming that the fee is so low it simply does not get done? Somewhere I read that it's anywhere between 1 and 7 days... but this was just a comment on reddit so far from anything official. I do want my first transaction to go through before I think of moving the rest. :p
With regards to mining, yeah I'm not going to focus on the big currencies. I'm mining Monero right now, it's what minergate tells me is the most profitable. I have my old laptop running it 24/7, just the CPU miner. And I'm making about 0.0005 XMR per day, so nothing to write home about. If I would do it with my new laptop, which can do both CPU and GPU, then I'd be looking at about 0.005 per day. Since electricity is free for me (yay!) I don't see the harm in doing it, at the current prices it doesn't give me much but in the long term, if Monero keeps rising, it might turn out to be a decent deal.
It was the same with bitcoin back in the day. I played poker and got some free bitcoin from winning the free rolls etc. And I always thought we were just talking about fractions of a dollar, which was true at the time. But after a few years of waiting it was almost $1300. :p
With regards to mining, yeah I'm not going to focus on the big currencies. I'm mining Monero right now, it's what minergate tells me is the most profitable. I have my old laptop running it 24/7, just the CPU miner. And I'm making about 0.0005 XMR per day, so nothing to write home about. If I would do it with my new laptop, which can do both CPU and GPU, then I'd be looking at about 0.005 per day. Since electricity is free for me (yay!) I don't see the harm in doing it, at the current prices it doesn't give me much but in the long term, if Monero keeps rising, it might turn out to be a decent deal.
It was the same with bitcoin back in the day. I played poker and got some free bitcoin from winning the free rolls etc. And I always thought we were just talking about fractions of a dollar, which was true at the time. But after a few years of waiting it was almost $1300. :p