Has no one here heard of bitchute, odysee, rumble, brighteon? Come on man!

submitted by rubberbiscuit from i.imgur.com

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–]JasonCarswell 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (3 children)

Thanks for the info.
Seems like people should split their assets up to avoid the KYC thing.

[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (2 children)

Or use only Monero, the data protection, privacy, anonymity, untraceability coin.

[–]JasonCarswell 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (1 child)

Saved and noted. Sounds good, but I also heard there was the problem that there is no maximum limit to the number of Monero coin that can be produced - thus creating problems I fully don't comprehend about scarcity etc..

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

For example, I'm running a $1000 CAD CPU and it's going to take me a full year to mine a single XMR, which is worth US$ 215 at the moment. That's not counting the RAM or the motherboard, etc. because I can still use the computer for other things while it's mining. 16 cores / 32 threads will do that for you. Still, counting power I won't get my investment back in 5 years' time.

I'm also mining Ethereum, and for that, CAD$2500 worth of hardware is grossing me US$ 320 per month, or CAD $ 480, minus power for a net of 361 a month. But back when this equipment was bought, I was grossing CAD $800 a month with it.

Completely different ball game. The supply of XMR is not constrained as per the coin, but the hardware requirements are the real constraint.