Will mining be profitable again when bulls return???
Yes, mining will be profitable when bull run return, that time everything will in green status and all people will profitable like 2017, but when? may you wait for the unknown date coming and still able to cover your electricity cost? I think you should check your mining rig, maybe you need to adjust your mining settings to lower electricity cost, don't mining ETN anymore and tried to find some valuable coins. Some of my friends even they don't earn too much profit in current condition, but still able to use their mining rewards to pay the bills. 
Topic: I fell for FOMO - page 5. (Read 591 times)
mining always requires a lower electricity cost and preferably a cheaper equipment access too. if you have that then you can make it profitable and if you don't it doesn't matter if it is a pumping season or not, you will have trouble making profit.
as for the market trends you always want to mine when coins are being pumped and also it is preferable to switch between the coins to always mine the pumping coins and not so much as those that are done pumping and have entered their dumping phase.
(it is best if you ask these questions in the altcoin mining board.)
as for the market trends you always want to mine when coins are being pumped and also it is preferable to switch between the coins to always mine the pumping coins and not so much as those that are done pumping and have entered their dumping phase.
(it is best if you ask these questions in the altcoin mining board.)
Back in December 2017 when mining coins are still damn profitable a friend told me about how much he was making from mining and I decided to check it out, I was hooked and I can't keep my mind off it so I venture into setting up my own, the first coin I started mining was electroneum but unfortunately I wasnt able to recover half of ROI back before bears take over the market and now mining seems hopeless, my question to miners like me out here is how are you guys managing? Will mining be profitable again when bulls return???
You are mining using expensive mining rigs you really need to calculate if you are indeed making a profit or would be making a profit, I am mining two coins right now, they are already in the market and I don't need expensive mining rigs, you might want to check out these two coins,
JSECoin and Banano, you can mine using a browser, or using folding @ home to mine Banano.
First, I think this should have been posted at the altcoins mining section. Now, back in 2017, I also got involved in mining and the bear market caught up as well, rendering my investments into losses. I do not lose hope. I believe mining will still be profitable again and its getting better as the bull run commences.
Mining alt is still and will be always profitable if you chose the right equipment and the right coin to mine. But you cant mining ETN with GPU right? what setup did you use for it? you still can sell all those rigs to someone else though. Or move to different coin that still less difficulty and gain more coin.
Back in December 2017 when mining coins are still damn profitable a friend told me about how much he was making from mining and I decided to check it out, I was hooked and I can't keep my mind off it so I venture into setting up my own, the first coin I started mining was electroneum but unfortunately I wasnt able to recover half of ROI back before bears take over the market and now mining seems hopeless, my question to miners like me out here is how are you guys managing? Will mining be profitable again when bulls return???
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