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Topic: How profitable is cryptocurrency mining in 2018 - page 2. (Read 276 times)

newbie
Activity: 98
Merit: 0
With the down trend in all cryptocurrency, how profitable is mining?
I think altcoin mining is more profitable despite the decline, because mining activities do not take considerable risk, in contrast to trade and investment is very sensitive to price changes so there is a possibility of losses, the best way for those who invest when prices fall by buying then hold it and not in a hurry to sell it. as well as excellent mining, regardless of the results collected and sold when prices have risen and stabilized. consequently mining is the best choice to avoid higher risk.
jr. member
Activity: 104
Merit: 3
With the down trend in all cryptocurrency, how profitable is mining?

You could have answered your own question by just looking at whattomine or any of the other similar sites that calculate profitability.  If you're just asking for opinions about what the future holds, nobody really knows.  Prices are going down and most new coins are pre-mined PoS types,  plus the ones that are mineable are seeing their difficulties skyrocketing, but for now, mining is still profitable.  I wouldn't risk buying more hardware right now, especially with the ridiculous price-gouging going on, but that's just me.
member
Activity: 420
Merit: 15
Mining on GPU is profitable if mining not popular coins-gems - they will do x2-x5 easily, GOA coin for example with masternodes staking
full member
Activity: 381
Merit: 101
Altcoin mining can be profitable.
full member
Activity: 280
Merit: 100
Production always remains profitable even in a downtrend. But do not forget that everything in the world is cyclical. And in the same way trends in the crypto-currency should unfold. Look at the Ether
jr. member
Activity: 56
Merit: 1
Missing the boat again
Proof of stake mining is always very profitable!  Grin
newbie
Activity: 52
Merit: 0
With the down trend in all cryptocurrency, how profitable is mining?
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