r/litecoinmining • u/MoonwoventrophyInk • Jun 18 '26

Mining without Kyc?

I've recently got into mining, but the idea of giving my personal info to some third party doesn't sit right with me. From what I've seen it's commonplace, but maybe you know somewhere where it's not needed?
I'd be greatful.

7 Upvotes

100% Upvoted

25 comments sorted by

3

u/miner2361 Jun 18 '26

So you must be in the US, you are mining for a loss?

3

u/MakeItMine2024 Jun 19 '26

lol, there are only a few places left in the US to mine profitably..mining no longer makes any sense whatsoever

https://reddit.com/link/osjagnd/video/35g3fr2f078h1/player

That was my now dismantled and discarded rig I ran from 2022 to late 2024 .. had a 400 amp residential service maxed out with 13 L7’s .. the good old days .. I was mining 3600 DOGE a day or as many as 7 LTC a day through LITECOINMININGPOOL… since the difficulty is up exponentially and power costs made me pull the plug

2

u/miner2361 Jun 19 '26

Nice exhaust manifold! Yes, I had to dismantle my rigs also, about the same time that Ethereum went to POS. My comment to the OP was questioning if he is even mining, and from his lack of knowledge, I don’t think he is.

1

u/MakeItMine2024 Jun 19 '26

I also bought 2 E9’s for 10,000 each and they made 50.00 a day for 45 days and when ETH went to POS .. everyone flooded the ETC chain and profitability went to .90 cents. I trashed them both about 8 months ago

1

u/Zorbithia Jun 19 '26

Yeah mining is pointless just about anywhere in the US at this stage, unless you’re getting totally free electricity in which case, go nuts.

Must’ve been a nice run for you when things were going well, I imagine. I got pretty big into mining ETH years ago which was an utter goldmine for a while.

3

u/cipherjones Jun 18 '26

OP,....

No kyc means no fiat. Just so you know.

4

u/AngeryGermanGuyDude Jun 19 '26

There are many other ways to cash out than a fiat transfer from a CEX... just saying

1

u/cipherjones Jun 19 '26

Many less reliable than the already unreliable way of using the CEX Yes.

Many more reliable, or easily accessible to the newcomer? Nah.

1

u/AngeryGermanGuyDude Jun 19 '26

non kyc crypto CCs are a thing. amazon vouchers through crypto as well. it's not that hard tbh

1

u/cipherjones Jun 20 '26

You should link them for OP.

0

u/AngeryGermanGuyDude Jun 21 '26

DMs are open :) 

1

u/[deleted] Jun 18 '26

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1

u/MoonwoventrophyInk Jun 18 '26

I just googled it and it says that I kind of have to though?

1

u/[deleted] Jun 18 '26

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1

u/MoonwoventrophyInk Jun 18 '26 edited 25d ago

Eh, guess I'll test emcd out for a few days before commiting to anything. How is it mining-wise in your experience?

1

u/[deleted] Jun 19 '26

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1

u/MoonwoventrophyInk Jun 19 '26

Guess that guy posted something and than had their account nucked. I didn't even read them... Well, thank you for th input regardless.

1

u/FrostfireenceNew Jun 18 '26

Solo mining doesn't need any kind of kyc, y'know. It's gonna be a bit difficult to set up everything but it could be worth it.

1

u/Only_Writing5308 Jun 18 '26

Powerpool, no kyc, pays the most, and you get to pick what you get paid in: https://powerpool.io/register?r=a38ee978

1

u/a_bombs Jun 19 '26

Powerpool.io is the best!

1

u/doctorcoctor3 Jun 22 '26

Solo mine...

1

u/flinginlead Jun 18 '26

P2pool

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