I'm finding it quite strange however that on the days where alts do pump, profitability hardly goes up. It's like hashpower comes out out of nowhere and immediately increases diff. There's probably so many automated mining bots out there that any little opportunity is squashed as it appears. We need a widespread alt bullmarket for this massive global hashpower to be absorbed.
Makes me think we might see all time highs again, but not in terms of daily mining profitability. Way too much hash out there.
asics sit and wait for a lot of alts to pump. So a flick of the switch and they turn on.
Think of zec how much hash do they have z miners are like 50 cards.
Raven did not pump in value much
Grin did not pump in value much.
Last I looked raven was not at 7 cents
And grin was under 2 dollars.
Are you waiting RVN to reach 1 dollar to sell?
I have a lot of RVN
https://coinmarketcap.com/currencies/ravencoin/
raven is 4.4 cents
I would sell ½ of mine at 50 cents.
https://coinmarketcap.com/currencies/grin/
Grin
is $1.90 I sell it for LTC I do not hodl it at all
https://coinmarketcap.com/currencies/dogecoin/
Doge is .3075 cents
if it goes to 5 cents I would sell ½ of it.
https://coinmarketcap.com/currencies/bitcoin-interest/
BCI is 8.6 cents
I would sell ½ of it at 86 cents