this post was submitted on 03 Jun 2024
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Monero
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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)
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Monero, XMR, crypto, cryptocurrency
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Best time to start monero mining on your old PC!! No more unfair competition
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…