What do I need to consider when choosing an NFT collection?

asked by Wout B. on 9/23/23

2 Answers
Thumbnail of user thomasw3014

You should pay attention to the energy efficiency of the NFTs.
They have different energy efficiency which affects the hash-rate, and accordingly your daily reward.

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Thumbnail of user joenq

There are a couple of things that you should consider before purchasing any NFT on the gomining platform. No, there is nothing wrong with the NFTs, but you have to understand the perks and the returns of the NFT you purchase.
So, the first thing you should probably look at is the anticipated ROI. Before even clicking on an NFT, this is a piece of information that you will see. It is self-explanatory as it is simply what to expect as a return.
The Historical ROI, just as the anticipated ROI, is also on display before you click on an NFT. It is simply historical data on the rate of return of the NFT.
Other information that will be important are the price of the NFT and fees that go for maintenance and electricity.
The various collections vary in these criteria, and more.

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