[unusximmortalis]

What's the spot instance which can be used and not lose money on mining with 'em?

[malux85]

It's not for GPU coins, but some altcoins are pop in and out of profitability on CPUs, if you balance it in realtime you can make money. (I have an employee doing this as a learning project)

But if making a lot of money is your goal then you're better do it it trading, no I'm not going to elaborate

[bufferoverflow]

Is trading really better? With this you're basically guaranteed a profit, as long as you can find a spot instance cheaper than the mined amount.

[wmf]

as long as you can find a spot instance...

In other words never. Now that this is out of the bag it's over.

[malux85]

youre guaranteed a small profit. Trading is greater risk greater reward.

Mining might get you hundreds, low thousands a month. Trading is 10s thousands / low hundreds thous. Month

[bufferoverflow]

I remember seeing stats that something like 90% of the traders lose money trading stocks. I'm sure it's the same in crypto, though it's compensated by the nearly constant growth. I doubt though that many traders beat the simple buy-and-hold strategy.

[ttul]

LoL. Son, you must be new at this.