Topic: Do you think mining is still fair - page 10. (Read 11558 times)
with less improved market conditions not the right time to mine, the results obtained are not comparable with other costs for mining such as electricity, etc. While waiting for the market to rise again, I switched to trading even though it was small, at least there was little income compared to no income at all.
Mining now is not the right time because it will not benefit, but quitting mining is not a way out but is looking for other strategies to be able to produce. Mining when a friendly market is indeed very profitable and be patient to re-mine bitcoin and altcoin because this takes time to produce.
it takes time to mine again, wait until the time is good. not only that can make a profit, there are still other ways to get results so think well. do your best and don't be in a hurry, hopefully in the future it will improve so you can get good results. the market will return to normal so we can still profit.
My buddy put it well: Why would someone sell you a money making machine (gpu, asic etc) if they could use it themselves? Because your equipment is obselete before you even use it. I weas gonna buy a nice set up and mine GRIN but the mfukrs will make it incredibly hard to mine GRIN real fast.
GRIN andn LUD were my picks for 2019 but now I am disauded from mining GRIN, maybe buy if it tanks. Ill be in on the LUDOS presale cos its awesome across the board and Im huge into gaming projects.
GRIN andn LUD were my picks for 2019 but now I am disauded from mining GRIN, maybe buy if it tanks. Ill be in on the LUDOS presale cos its awesome across the board and Im huge into gaming projects.
It always happens in a new market, 90% hold giants.
That's why I turned up the master from the mining master. There are risks there, but with a proper approach, it gives its good results.
That's why I turned up the master from the mining master. There are risks there, but with a proper approach, it gives its good results.
In the fourth quarter of 2018, the mining industry should also be at a loss. I ordered a mining contract on a website and I can get ETH as a reward on a regular basis. However, in the recent period, the company deliberately delayed the time, the customer service could not be contacted, and did not give me the withdrawal of ETH.
Mining companies were primarily asic devices. Bitmain, baikal companies such as mining themselves had a large number of coins. This year, the number of mining has decreased considerably.
Minning as it is today has become difficult for regular miner, the big minning farm control large percentage of direction and result as minning power is concentrated within few miners. I have sold my mining gear, all I do know is trade!
Fairness only occurs when the game starts. Once the game is recognized by most people, when many technical talents and capitalists enter the game, the fairness will be broken. Encrypted currency is a technology industry. The change of technology can make the cryptocurrency market develop better. Therefore, fairness does not exist. The competition here is very fierce.
I really think that mining is only for those who has money or enough capital. It is expensive to set up hardwares to mine. And i think mining with this type of market is not so good.
Mining now is not the right time because it will not benefit, but quitting mining is not a way out but is looking for other strategies to be able to produce. Mining when a friendly market is indeed very profitable and be patient to re-mine bitcoin and altcoin because this takes time to produce.
it takes time to mine again, wait until the time is good. not only that can make a profit, there are still other ways to get results so think well. do your best and don't be in a hurry, hopefully in the future it will improve so you can get good results. the market will return to normal so we can still profit. Mining bitcoin or altcoin is not fair and goow way how to get money, you have forget and looking for new way earn much money with bitcoin or altcoin by trading or investing, you will waiting for long time to get profit with mining because lower price by bitcoin or altcoin.
since cryptocurrency price crashing , mining was not profitable anymore.many mining farm closed due to imbalance between cost and revenue.maybe trading could give us more profit as long as we have good skill.the profit that you can get on mining will usually depend on the hardware that you use and not on the condition of the market . i dont also believe that farms were closed . actually many farms lately are have been opened because many people are now starting to recognized cryptos , in which they also wanted to try mining for a lesser hassel and passive income oppurtunity .
Mining now is not the right time because it will not benefit, but quitting mining is not a way out but is looking for other strategies to be able to produce. Mining when a friendly market is indeed very profitable and be patient to re-mine bitcoin and altcoin because this takes time to produce.
Mining bitcoin or altcoin is not fair and goow way how to get money, you have forget and looking for new way earn much money with bitcoin or altcoin by trading or investing, you will waiting for long time to get profit with mining because lower price by bitcoin or altcoin.
since cryptocurrency price crashing , mining was not profitable anymore.many mining farm closed due to imbalance between cost and revenue.maybe trading could give us more profit as long as we have good skill.
I don't know about mining, but it requires large capital to mine. And now the miners seem to stop because the market value is not comparable with the results, many say that if mining is currently going to lose. So there is still a lot to learn if you want to mine and get satisfying results.
I don't really understand mining, but I know very little that mining requires adequate equipment and the right coins to mine, but many say that currently mining the results cannot be guaranteed. is it true that the current decline in prices on the market can affect mining yields too?
Those who are onto mining for long always know there way around ,mining popular coins now won't bring profits at all but mining new released coins have huge advantage because hash difficulty will still be very low
Mining bitcoin is now all about mining gadgets ,the ones that still makes fair profits out of it are those with the top highest mining setups but for me ive stop mining for months because its not profitable anymore unless electricity is free
mining is still a promising thing to do. However, it is not easy to run the mines if it does not have complete facilities. In addition, if you see current price then mine is also not a good solution to instantly get the results. It takes hold at least first and waits for the result of higher prices of crypto.
In Q3 2018 market is still a blood bath. A lot of people that involved in crypto losing theirs hopes on a quick moon. ICO market is down. But difficulty of mining is growing up. We need more powerful processors, GPU and so on. Mining was created to give ordinary people get some free coins. Another hand big companies joint into monster to dig more digital gold. Simple person is out of this business. To support a node of ethereum you need more space every month and you get no reward. Do you think its fair enough or we need some new architecture to give mining a new life?
For some peoples, mining is still generating fair profit for them. They would not mining if they didn't get any profit from it.
Although some miners are retired from mining because the price so bad in the market, not all miners retired from mining.
Some may still mining but not selling their coins.
Profitability in mini depends on how you view it.
If you calculate returns based on the present price of the coins getting mined, then it is not profitable. However miners may not be discouraged if they focus more on the quantity of coins they will get which are very much undervalued in this market.
Hold and see your profits go through the roof in a bull market.
If you calculate returns based on the present price of the coins getting mined, then it is not profitable. However miners may not be discouraged if they focus more on the quantity of coins they will get which are very much undervalued in this market.
Hold and see your profits go through the roof in a bull market.
Jump to: