Is anyone running one of these? I was thinking about ordering one today. Any advice is appreciated. TIA
I have 2, what questions did you have?
How has your experience been? Should I buy a couple?
Well, I wouldn’t call it mining, more like advanced staking haha. At the moment anyways. The MXC project is still in early stages. I say this because location, antenna and other factors that would affect Helium mining payouts do not affect the MX pro yet. They just started a 10 miner max in a 1 kilometer range (double check that, might be 2k cant remember) where the 11th miner starts making less and so on.
You will make between $10 to $12 per day no matter what. It actually benefits you if the price of the coin is lower (bear market), you will make more coins. The project to me, is strong. I suggest you read the white paper as you should with any project. The coin MXC has been strong, even when the market takes a turn for the worst. It averages between the high .07cents to .10cents. It was just .04 cents in December and with all the improvements and announcements they have coming up, I think it will only keep going up (of course DYOR haha)
Just make sure you understand how their fuel system works (when you withdraw) but how I look at it, in 6 to 8 months when/if I withdraw, the miner will still make between $5-$7 a day which is still not bad. My suggestion is watch some YouTube videos on people that have cashed out. All of the ones I have seen, have made back their miner costs and were in profit between $2 to 3.5$k in about 6 to 8 months. (That is of course factoring in MXC going up)
So with that said, you can buy other miners but none will guarantee $10 a month, this one will. I originally bought one, and not but a week later after setting up and running the first one I immediately bought a second one. Again do your own research. If you have any other questions, let me know.
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If I can add to the implementation of fuel: the simple explanation is the more fuel you have (up to 100% based on a formula I won’t go into detail here) the more you earn. Your fuel is the amount of MXC you have staked, in essence. Even if you withdrew all your MXC, your earnings will never be reduced by more than 50%. Over time your fuel will rebuild up to 99.98%. (Mathematically you can’t get back to 100% unless you deposit MXC back into your wallet. The difference is inconsequential)
I liken it to HNT as a comparison. The HNT halving affected everyone and all those mining took about a 50% hit to earnings. MXC took a different approach and those who withdrew earnings were in effect taking a 50% cut in earnings and rewarding those who kept MXC in their wallets. Not bashing HNT in anyway, mind you. I have a number of hotspots, as well. It’s just different approaches to halving.