20€ worth of XMR will still be more than 20€ worth of electricity. It ends up the same.
FireIced
joined 5 days ago
When USA is closer to the African/middle east countries they hate than Europe
With so many pro-far left here it’s pretty logical we thought you were serious
Additional notes:
The initial crypto should be a relatively famous one with low transaction fees so you don’t lose a lot in the process. The two I wrote are nice.
For swapping, the higher the amount, the lower the fee % will be. Always try trading over $20 to minimize fees.
This is the easiest way.
- Use a centralized exchange (like Kraken, Binance…)
- Buy LTC, BCH, anything you want
- withdraw that
- Swap (exchange) those through a swap service, from the crypto you bought, to XMR.
- https://trocador.app/ is an exchange aggregator that’s privacy friendly and Monero friendly if you want. They don’t take any cut and you can get better margins this way.
- Optional but I recommend it: churn your crypto by sending all of it to yourself multiple times, waiting a few days between each churn. Easier to do with Feather Wallet on desktop as it has coin control. This minimizes the links to your identity: Monero shines through multiple transactions, but tx to tx can statistically be liked. The more you do, the blurrier it gets.
- On Feather Wallet (which is open source), there’s a "coins" tab where you can see each unit of crypto you have, and can "sweep output" to "yourself (churn)" easily.
- Spend your XMR, have fun :)
Can’t say about the second like, but reto is quite known and trusted
I disagree with the first part, but apart from that, yea retoswap is reputable
It doesn’t really federate properly
Mining isn’t economically worth it and it’s also bad for your components' health as well as the environment
Is it this one?
image
What? Two is perfect
I believe if it was worth it to mine, everyone would do it until it is not anymore, especially in countries where electricity is extra cheap
After testing on my machine, I ended up losing more than 10x the amount I paid in electricity in France. I’m not sure it’ll be better elsewhere. This was at 0.20€/kWh