/biz/ - Business & Finance

>>49468833
Checked. I'm down $19,854.73

I was looking into mining purely for anonymity. It seems unfeasible to mine XMR at a reasonable rate with consumer grade hardware. Is this accurate? I looked at a 3080Ti and it said you generate roughly $0.05 USD daily. I don't want to sell XMR, I just want to mine a finite amount and then trade it for something, but I was hoping to get like $10 worth of it a month.

All of the local services I've looked at don't work out for me (I'm in Canada). They all want to trade other crypto for XMR which defeats the point, or charge an exorbitant fee. Local ATMs require KYC. Even for small amounts, they require a phone number.

So it seems to be in this weird state where you can't mine even small amounts in a reasonable time frame without special hardware setups, and there's no simple way to onboard or get started without KYC. Is this wrong?