And then some of the miners left Ethreum then some of the miners continued their work if I make sure I can say something like this:
The miners who are patient will provide the best solution for life because mining Etheruem is easy to get without much competition.
Topic: Ethereum Mining Now Close to Unprofitable, so what is best thing to do now? (Read 1786 times)
October 14, 2018, 10:24:31 PM
September 14, 2018, 09:11:01 AM
Buy it and trade on it and ETH will bring you so much money. Just be smart in your decision and check all possible variants of the future situation.
September 14, 2018, 07:52:17 AM
It is going unprofitable but not going very low yet. Some miners will stop mining but I think it will be increasing within short time. So we need to take some time it will be recover soon.
September 13, 2018, 07:49:51 PM
i am feeling too bad for you.i think if it's not too much trouble hold up a few days and watch the showcase properly.as an speculator i think cost will increment exceptionally soon.wait a few days or offer those instantly.
September 13, 2018, 07:38:39 PM
i am exceptionally too bad for you.i think it would be ideal if you hold up a few days and watch the showcase properly.as an financial specialist i think cost will increment exceptionally soon.wait a few days or offer those instantly.
September 13, 2018, 07:26:46 PM
i am very sorry for you.i think please wait some days and observe the market properly.as an investor i think price will increase very soon.wait some days or sell those immediately.
September 13, 2018, 07:13:18 PM
In a promote put taken a toll up and down isn't outstandingly exceptional thing. Undoubtedly in show disdain toward of the truth that it had ups and downs circumstance Ethereum survived this far off. I accept at some point within the not so removed future it'll choose up more triumph. They moved forward cleared out all past appalling times. Reasonable have hold up and hold on for the right miniature. At some point within the not so removed future it'll bounce back. Let's trust for the finest.
September 13, 2018, 07:07:20 PM
In a advertise put cost up and down isn't exceptionally unprecedented thing. Indeed in spite of the fact that it had ups and downs circumstance Ethereum survived this distant. I believe sometime in the not so distant future it'll pick up more victory. They moved forward cleared out all past terrible times. Fair have wait and hold on for the correct minute. Sometime in the not so distant future it'll bounce back. Let's hope for the best.
September 13, 2018, 06:57:17 PM
In a market place price up and down is not very uncommon thing. Even though it had ups and downs situation Ethereum survived this far. I believe someday it will gain more success. They moved forward left all past bad times. Just have wait and hold on for the right moment. Someday it will bounce back.
September 13, 2018, 05:56:58 PM
i don't think so. i think this is right time for mining eth. eth is top altcoin as we can consider. now the situation of eth is not good but in future it will recover i beleive. just give time eth and mine some eth.
September 13, 2018, 05:47:04 PM
Eth is a very potential coin I believe. Some of the reason the price of it is low. But as I know it will introduce some new project and those project catch more people here. So the price will go high, I suggest you to hold the coin.
September 13, 2018, 11:07:27 AM
This is very sad and stressful news. Though nobody knows the future what’s is about to happen. Portfolio fluctuates as well. So, the best way for now is to hold and wait till the portfolio is uptrend. Let’s hope for the best.
September 12, 2018, 05:16:21 PM
Ethereum has fallen below $200, reaching a recent low of $185 this morning at around 4 AM London time on reduced volumes of $1.6 billion during the past 24 hours
i have most of my investments on ETH and now the $ vaue of those investments going down rapidly. What is the best thing to do now?
I'm sure Ethereum mining has no future because it is moving to POS now and POsS means proof of stake where you need no miners, only hold your coins and stake. But I doubt price lows are because of changing to POS, development is proud of POS for ETH because of consuming less energy. Quote
An ethereum miner said late last month that it costs $152 in electricity bills to mine one eth. That’s just $30 above ethereum’s recent low of $185 today, with the cost of $152 being just for electricity.
source: https://www.trustnodes.com/2018/09/09/ethereum-mining-now-close-to-unprofitablei have most of my investments on ETH and now the $ vaue of those investments going down rapidly. What is the best thing to do now?
September 12, 2018, 05:13:22 PM
Yes, you can test multiple things. Either lease your mining power where you get a better return then ethereum or mine another coin which is more profitable. Also, with price dropping, the difficulty decrease as well (hopefully) so you may get a bigger reward.
September 12, 2018, 05:04:07 PM
If it came close to unprofitable some miners will stop mining and difficulty will decrease and will become profitable again.
The difficulty mechanism works in the two ways when the price goes up and when the price goes down./
The difficulty mechanism works in the two ways when the price goes up and when the price goes down./
That's not how it works. The vast majority of miners will continue to mine Ethereum because: its price might go up in the future, the cost of electricity is so low for them that they can still afford mining, there is no other coin worth mining and so on.
The difficulty has nothing to the price of the coin. It all depends on the demand and the supply.
September 12, 2018, 04:53:25 PM
It is a lot of stress when the coin is dying like this. And at this rate all the miners can do is stop for the time being and see what the outcome is to make a decision whether to resume or not.
September 12, 2018, 04:28:52 PM
Right now taking a decision instantly might be tough to take. But if things do go down and will come at a unprofitable state, then the chances are high that the miners will stop and will wait for the situation to take a better turn and will resume again.
September 12, 2018, 04:16:44 PM
with the decline in ethereum prices at the moment it is very unnatural and makes everyone have doubts about ethereum but here I always think positively if prices will return even better than now, if I become a rich person then i'll buy more ethereum which I will then hold for long term
September 12, 2018, 04:08:01 PM
If the price is lower than 150$ I think all miners will stop mining ETH because they will lose money if they continue and the mining will not be profitable. And so I also think that ETH will not be able to down below 150$ and prices will rise rapidly
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