Topic: Is mining going to die soon? - page 6. (Read 1843 times)
yep it is going to die soon, please send your old, worthless mining equipment my way, i'll take care of it for you. i'm just a nice guy like that
no i don't think so but we have to be updated about mining and new technologies as the boom of crypto or bitcoin is over.
so for those who were dreaming that bitcoin will hit 100kusd its not gonna happen anymore with so many regulations in it...
so for those who were dreaming that bitcoin will hit 100kusd its not gonna happen anymore with so many regulations in it...
I don't mean die completely but with ETH announcing moving to POS
and am sure we have seen some new coins go along with fully POS or POS/MN without any POW
we might start to see some shift in the crypto space where people start to move away from POW gradually
What do you guys think?
Those who are long time invested heavily in mining farm, are you planning on sclaing up or down on operations as far as adding more rigs or selling off gradually?
Those about to enter the mining business, are you still going to do it or will you step back and watch what is going on for now?
Please pour in your thoughts
Thanks
and am sure we have seen some new coins go along with fully POS or POS/MN without any POW
we might start to see some shift in the crypto space where people start to move away from POW gradually
What do you guys think?
Those who are long time invested heavily in mining farm, are you planning on sclaing up or down on operations as far as adding more rigs or selling off gradually?
Those about to enter the mining business, are you still going to do it or will you step back and watch what is going on for now?
Please pour in your thoughts
Thanks
GPU mining will die in 2018
GPU mining will die in 2019
GPU mining will die in 2020
GPU mining will die in 2021
Well, Asic do not cost as much as the 6-7 GPU rig.. Do the math.. The only problem is, that most Asics are only compatible with 1 algorithm.. Thats the biggest problem of ASIC
I agree
and this is not bad
i feel like people releasing cryptos with new algo just so that people cant use their existing rigs to mine that coin
they want to make sure no one has any advantage from beginning
i feel that is bad mostly and good a little
but that it man
even in GPU same thing...many algos but at least one can have different varieties of rigs some with RX, VEGA and nvidias and be ready based on the algo
Well, Asic do not cost as much as the 6-7 GPU rig.. Do the math.. The only problem is, that most Asics are only compatible with 1 algorithm.. Thats the biggest problem of ASIC
No doubts dark times are coming, and not all of us will survive and see the rise of bitcoin.
So be it. Only smartest and tricky will be successful.
Good luck to all of us
So be it. Only smartest and tricky will be successful.
Good luck to all of us
Mining may still be profitable if you are mining efficiently. Mining take too much memory of CPU's which allows computers to work slower and prioritize mining. Mining rigs are provided for the sole purpose of mining and thru this rigs, we can gain profits and we can pay for the electricity we are using to mine alternate coins and other cryptocurrency that can be mined. Mining is still a good way to earn money but it will be slowest way to earn.
Mining is already dying on GPU's, ASICS are the future it seems. I honestly think ASICSS are making crypto centralised more and more though as normal people cant get hold of them because they cost so much
I don't mean die completely but with ETH announcing moving to POS
and am sure we have seen some new coins go along with fully POS or POS/MN without any POW
we might start to see some shift in the crypto space where people start to move away from POW gradually
What do you guys think?
Those who are long time invested heavily in mining farm, are you planning on sclaing up or down on operations as far as adding more rigs or selling off gradually?
Those about to enter the mining business, are you still going to do it or will you step back and watch what is going on for now?
Please pour in your thoughts
Thanks
Don't be affraid with Ethereum PoS : it is promised since the Ethereum begining and it will never come.and am sure we have seen some new coins go along with fully POS or POS/MN without any POW
we might start to see some shift in the crypto space where people start to move away from POW gradually
What do you guys think?
Those who are long time invested heavily in mining farm, are you planning on sclaing up or down on operations as far as adding more rigs or selling off gradually?
Those about to enter the mining business, are you still going to do it or will you step back and watch what is going on for now?
Please pour in your thoughts
Thanks
These days are difficult for mining, like in the 2017 begining.
But mining can reborn later.
The problem currently is not only the alt price, but also the GPUs speculation on the GPU prices.
I don't think it will die completely.
I don't mean die completely but with ETH announcing moving to POS
and am sure we have seen some new coins go along with fully POS or POS/MN without any POW
we might start to see some shift in the crypto space where people start to move away from POW gradually
What do you guys think?
Those who are long time invested heavily in mining farm, are you planning on sclaing up or down on operations as far as adding more rigs or selling off gradually?
Those about to enter the mining business, are you still going to do it or will you step back and watch what is going on for now?
Please pour in your thoughts
Thanks
and am sure we have seen some new coins go along with fully POS or POS/MN without any POW
we might start to see some shift in the crypto space where people start to move away from POW gradually
What do you guys think?
Those who are long time invested heavily in mining farm, are you planning on sclaing up or down on operations as far as adding more rigs or selling off gradually?
Those about to enter the mining business, are you still going to do it or will you step back and watch what is going on for now?
Please pour in your thoughts
Thanks
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