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RE: It's Not What Your Blockchain Can Do For You, It's What YOU Can Do For Your Blockchain
I had a go at XMR once but unfortunately the cost to return was negative due to the insane electric prices here in the UK.
It was also on a 15 year old Xeon CPU so not the most efficient of things either.
So I just stick with running a Hive witness from home at the moment.
I had a scrypt miner way back in the day, mined a bunch of doge and eventually sold the miner for pretty much the same amount I paid for it in the first place lol.
Only other coin I've supported was Gridcoin which rewards you for contributing compute power to scientific research via BOINC, but again due to the price of the coin it's impossible to break even unless you have free electric.
0.01445488 BEE
Those are certainly things for people to consider. You definitely want to DYOR before jumping into something. But, you are doing the right thing in the long run as far as you are at least giving it a go.
The idea in my new Monero farm will be to basically equal out the wattage with solar panels. It would offset the costs during the day, making it way more profitable for me to mine. All that will come in time and when I get the money, lol. I can get a really good deal on used solar panels through a company here in the states. As long as it is break even or even some profits, I would rather buy infra with fiat earnings and use that to earn crypto. It's honestly safer that way these days than going through an exchange.