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Rollercoin - How To Get Mining Power And Is It Really Worth It?

avatar of @brando28
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I've written a couple of Rollercoin posts in which I've been sharing ideas on how to make the most of it and whether it's worthwhile. If you read them, consider this to be a more in-depth analysis. I think I finally figured this out.

Even though you can find and use my referral code on this post, it ain't about shilling Rollercoin. It's just me being honest with you guys and with myself. That being said, let's take a look!

How To Raise Your Mining Power - Play Games

There are two ways. The first one is to play the mini-games which will give you something like 170 Gh/s to 1200 Gh/s depending on the game. Each game is running in the middle on a smaller screen and there are a couple of ads around it. I've figured that the more the game rewards you, the more the ad spot next to it will cost advertisers.

Note that the Power received by playing these games is TEMPORARY and it will be gone in a certain period of time depending on your mining computer level. Maximum power holding is 7 days and this can be achieved, well, by playing games.

How To Raise Your Mining Power - Get Miners

The second way to get mining power is to get miners. Here is how:

  • Buy them from the store
  • Buy them from the market
  • Craft them from parts
  • Win them in the Seasonal campaign
  • Win them in Special events

Buying miners requires RLT tokens which you can get from events and by completing daily and weekly missions which require playing games. Playing lots of mini-games. If you don't want to invest money into Rollercoin, there is no escaping some serious gaming sessions.

However, once you get miners, those are yours forever and the power they generate is PERMANENT. That's the kind of power I'm aiming at on my way to make this a passive source of income.


Is It Worth All The Effort?

At the moment, probably not. Last week I was getting roughly 1 DOGE/day with the mining power of 1.8 Ph/s. That doesn't sound that much and it isn't. The block reward was even boosted for the particular coin.

Every Monday Rollercoin announces reward updates for the week on Discord. This will give a small advantage to those who subscribe to the channel and is probably done to encourage users to follow their Discord account. Usually, there are 2-4 coins chosen with boosted block rewards.

In the pic above you can see this week's updated rewards. In about every 10 minutes a block is mined and a share of that is distributed to all users based on their mining power.


The Catch

By the way, if you want to invest in miners you should know how the RLT in-game tokenomics work on Rollercoin. It goes like this:

  • You can deposit multiple currencies and buy RLT with them
  • RLT is used as an in-game currency to buy miners for example
  • Miners can be sold for RLT
  • You can withdraw multiple currencies but not RLT and RLT cannot be exchanged for other currencies.

That's the catch.


My Stats & Goals

the game power is active income while the miner power equals passive income. My goal is to raise miner power in relation to power from games. Here in the picture below you can see my current stats.

About a month ago my games/miners' stats were the other way around so I guess I've made some progress on that. However, I am still forced to spend a lot of time playing games as you can see in this monthly chart.

I would like to say that my ultimate goal is to get to the point where I would check in to Rollercoin once a week and click this recharge button.

My miners consume 1 bar of electricity per day and after all 5 are gone they will shut down. Gladly, I can recharge it whenever I want to. Completing this simple task will make Rollercoin a perfect source of a passive income! Right?


The Plan

Not exactly. Because we are all fighting for the crumbs of the same block reward I must make sure that I don't fall behind compared to others. There are constantly new miners given out to those who complete events and missions. Even more, surely many players are also pumping money into Rollercoin and buying miners to increase their share.

Since I have been and will be in the free-to-play mode with Rollercoin I have to come up with new tactics to keep up. My cunning plan is to invest half of the mining returns into new miners and withdraw the other half. It remains to be seen if I keep up with the others this way.

Conclusion

Would I start playing Rollercoin now if I knew how much time it takes? Maybe not. Do I believe it can still pay off? Yes. It just requires even more time and mostly, being consistent. Without initial investment, it will be a daily grind but the goal of a passive income source is still there on the horizon... and when I get my mining power to 20 Ph/s and eventually 100 Ph/s...

Thank you for reading!


Credits:

Thumbnail image Лечение Наркомании Pixabay, made with Canva Other picture are screenshots from Rollercoin

Follow for more: brando28
Missing out on the fun on Splinterlands? Here is my referral link if you decide to give it a go: Splinterlands

Also check out: Rollercoin

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