Hey everyone! I'm planning to develop a scraper tool aimed at helping small crypto-miners. The idea is to collect information from various websites (like CoinMarketCap) to find out about the latest cryptocurrencies, which ones are the easiest to mine, and potential earnings based on the miner's hardware specifications. I do know there are similar projects out there, but they usually target larger cryptocurrencies that require hefty computational power. The challenge I'm facing is that I need to gather data on capcoins, which is only available on a JSON page that isn't authorized for use or accessible via a paid API key. I've got a free API key, but it's pretty limited, and purchasing a full key is quite pricey. Should I proceed with coding something despite the testing limitations, or just keep the project personal?
1 Answer
The landscape for small crypto-miners has changed drastically. The days of individuals mining effectively on their PCs are pretty much over. It’s now dominated by large operations with extensive resources. So, I really can't see a bright future for your idea. It might be better as a personal project for your own enjoyment, honestly.
Thanks, I'll keep that in mind!
That’s a valid point. However, regular people can still join 'mining pools' where everyone contributes and shares rewards. You can make some money using consumer GPUs, just not a ton.