Mining keeps being unprofitable for the most,but there is some that can be able to roi on the next months and keep the miner active,when bitcoin reach above values,sure there is new miners and solo miners still trying to mine btc as they can afford it.
Yup! That is why bitcoin is going up $300 ATM, this is a sign that mining is still alive and it is great that when I hear mining enthusiast and changing their thoughts about mining
And this is HUGE for miners I was profitable at 230.... so I was not hurting to bad during then. Bring it up to 300 a coin... and I'm doing and feeling pretty good right now.
Mining is far from dead. I think it's a pretty good period for it during this change.
Yep, my only regret right now is, it has gotten harder to get good deals since people that were on the verge of selling their S5's are mostly keeping them for the time being.
Still some deals are about but many aren't pressed to sell unless they need room for better miners, right now.
It is a good time to be a miner right now.
There is a flip side to it though. It means the miners you currently have will do better at keeping value with BTC prices going up. Which having them worth something someday when I sell and switch miners which is nice bump in ROI's.
But for some one trying to acquire miners yes it would suck for sure.
Indeed, at 230 i was considering getting rid of my S1 one way or another, as the theoretical costs vs profitability was almost nullifying one another. However now they became profitable again, and thus i'm considering retiring my Zeus X3 first instead, since Scrypt has been going down the drain steadily since the LTC halving.
It look like i will be solely mining BTC from now on.
