Is traditional mining dying? - page 3.

CjMapope

legendary

Activity: 1820

Merit: 1092

~Full-Time Minter since 2016~

Quote from: NurSie on December 18, 2019, 07:50:42 AM

Quote from: Ahimoth on December 18, 2019, 07:40:21 AM

Quote from: NurSie on December 18, 2019, 07:36:18 AM

check the chart, it's scary

https://coin360.com/

no sign of rebirth

Most people on survey choose it was dying, and maybe the trend on how that works towards the latest market. Based on the link you shared here, I foresee more reasons why this was eventually taking out of the lime light. This was due to non profitable gains, and in fact it was costly when it comes to electricity consumption.

It cannot be allowed to apply to the real economy, the world governments are unprecedented unity on it. It is killing the bitcoin world and I hate this

its crazy, look at who is registering the most blockchain patents these last few years too Sad

most of the same groups that said crypto was a scam/bubble. banks mainly, they register 100's of patents a year for blockchain tech
they are implementing the tech all the while still ostracizing it Sad

BTC mining definitally belongs to big money now : /

Teraboy

hero member

Activity: 2282

Merit: 505

only the big miners that can survive in the mining contest. So many miners are moving from the big coins to the medium or even small coins. I believe that's why so many people are choosing the dying as their answer to the polling. The difficulty increase combined with the halving makes the profitability in the mining crypto is getting worst and worst day to the day.
That's not a big surprise to see that and i personally will choose the same option as those people.

NurSie

newbie

Activity: 74

Merit: 0

Quote from: Ahimoth on December 18, 2019, 07:40:21 AM

Quote from: NurSie on December 18, 2019, 07:36:18 AM

check the chart, it's scary

https://coin360.com/

no sign of rebirth

Most people on survey choose it was dying, and maybe the trend on how that works towards the latest market. Based on the link you shared here, I foresee more reasons why this was eventually taking out of the lime light. This was due to non profitable gains, and in fact it was costly when it comes to electricity consumption.

It cannot be allowed to apply to the real economy, the world governments are unprecedented unity on it. It is killing the bitcoin world and I hate this

Ahimoth

sr. member

Activity: 812

Merit: 250

Quote from: NurSie on December 18, 2019, 07:36:18 AM

check the chart, it's scary

https://coin360.com/

no sign of rebirth

Most people on survey choose it was dying, and maybe the trend on how that works towards the latest market. Based on the link you shared here, I foresee more reasons why this was eventually taking out of the lime light. This was due to non profitable gains, and in fact it was costly when it comes to electricity consumption.

NurSie

newbie

Activity: 74

Merit: 0

check the chart, it's scary

https://coin360.com/

no sign of rebirth

Topic: Is traditional mining dying? - page 3. (Read 923 times)