Privacy

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A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

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Best way to pay with crypto privately? Monero? (programming.dev)

submitted 6 days ago by plankton@programming.dev to c/privacy@lemmy.ml

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Mullvad gives you a discount if you pay with crypto, and monero is supposed to be the private crypto. What is the best way to get Monero? I'm in Canada

https://mullvad.net/en/pricing

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[–] irotsoma@lemmy.blahaj.zone 1 points 22 hours ago

The issue with any crypto mining is that you can't uaually do it casually. You are generally competing with others to return the result first in order to get paid for a block. If you mine too slowly, you'll never actually complete any blocks. If you mine too fast, you use a lot of energy. The only way I found it economical for an average person over the long term is if it's not a popular coin, but popular enough to have some value or you generate a lot of excess power from solar and your power company either doesn't buy it or the rate is miserably low. There are short term scenarios where it can work, but much like the stock market, you need to be paying very close attention to profit margins, power rates, crypto price, current local temperature, etc.