Topic: Planning for summer 2019 (Read 12733 times)
Bitcoin price is raising! Who would predict it few months ago? People were too much pessimistic about future of Bitcoin and they spread JOMO and what happened? The opposite! Bitcoin is the strongest and most profitable digital growing asset!
need more effort in this summer to do some research on which the most potential mineable coin eith low difficulty level and for sure with low cost. honestly i did mined inefficient coins all this time, poor me. thats why i would not fill my portofolio (again) whit mineable shit coin that seems easy to mine but comes with zero value. hope will find the right and potential one, i will highly appreciate if anybody can guide me and give me good suggestion. thanks in advance
I believe he was referring to coin / token prices that generally go down a lot during the summer months, or at least it was in past years; even in the stock market during the months of June, July and August, share prices tend to fall, because traders prefer to sell and rest a couple of months .... in fact, in these months the volumes of all the sectors fall a lot too. .
Precisely for this reason, however, it may be a good idea to extract some more profitable coins, because the hashrate is lowered and becomes cheaper .... provided that you do not have to cool the house / room with fans / air conditioners!
It was only last year. In 2017 all was just growing up like after rain. Nowadays there such a quantity of GPU in greed miners hands, that we can dont wait lower hashrate - if the profit grew up - rigs powering on. Precisely for this reason, however, it may be a good idea to extract some more profitable coins, because the hashrate is lowered and becomes cheaper .... provided that you do not have to cool the house / room with fans / air conditioners!
Summer is known to be a very non-active time of year for all crypto enthusiasts. It seems to me that it is better to rest(morally) during this period and make a reboot to start mining new coins with new strength))
Why so? For me summer mining is just more time to the rest, less time to the mining. I would not make coins research, catch pumps, etc. Just mine some of the profitable coins and check how it goes 1-2 times per week.I believe he was referring to coin / token prices that generally go down a lot during the summer months, or at least it was in past years; even in the stock market during the months of June, July and August, share prices tend to fall, because traders prefer to sell and rest a couple of months .... in fact, in these months the volumes of all the sectors fall a lot too. .
Precisely for this reason, however, it may be a good idea to extract some more profitable coins, because the hashrate is lowered and becomes cheaper .... provided that you do not have to cool the house / room with fans / air conditioners!
Summer is known to be a very non-active time of year for all crypto enthusiasts. It seems to me that it is better to rest(morally) during this period and make a reboot to start mining new coins with new strength))
Why so? For me summer mining is just more time to the rest, less time to the mining. I would not make coins research, catch pumps, etc. Just mine some of the profitable coins and check how it goes 1-2 times per week. so far, I plan to look for popular masternode coins, and have some income from that. but, until now, I am still just looking for information about it. right now I'm also learning how to build minning, and who have cheap energy bills. well, lots of plans for this year.
I just want to know what are the different master node coins in the market, because i have been trying to learn many new things about these master Node coin and how far we are going to make money with these master node coins? Will there be any value to those master node coins.
Summer is known to be a very non-active time of year for all crypto enthusiasts. It seems to me that it is better to rest(morally) during this period and make a reboot to start mining new coins with new strength))
Summer electricity prices are higher then in winter, and it gets pretty hot in the US. I say steady as she goes, set aggressive fan curves, and get ready to replace some fans.
As the summer approaches how is everyone planning. We have depressed mining reward in USD terms. We will not have the need to heat our home.
Who needs to heat their homes during summertime? If anything electricity would go towards aircondition and not towards a heater. Too many miners chasing that profit will simply drive profitability close to zero.
I hope people mine in 100 degree + weather and wear down their equipment. I've seen retarded miners on youtube do this. That way there mining gear won't last in the next bull cycle and they will be out of the game. It's a marathon not a sprint.
As the summer approaches how is everyone planning. We have depressed mining reward in USD terms. We will not have the need to heat our home.
Who needs to heat their homes during summertime? If anything electricity would go towards aircondition and not towards a heater. Too many miners chasing that profit will simply drive profitability close to zero.
As the summer approaches how is everyone planning. We have depressed mining reward in USD terms. We will not have the need to heat our home.
well,my home already on heat even it's not a summer,lol
and i keep continue keep my home heat more with still mining some ETH.
even it just for small profit,at least i still got some profit.
Hopefully when summer arrives, altcoin can heat up too, I mean in the summer of 2019 crypto market prices will soon improve and return to peak prices so crypto lovers can enjoy the summer while on vacation and enjoy the fruits of their business.
Ya and we all gonna drive lambos and drive off to the sunset.
Get real dude. Not every miner will get rich. The altcoins market can stay bearish for years. I don't expect any altcoin season this year to the scale of 2017. That only happens every 4-5 years when crypto becomes cool again by the masses. Plan accordingly
Although painful, perhaps it is the most realistic comment I have read in the thread. It is true that many still yearn for the golden days of 2017, when one woke up in the morning (if you could sleep) just to find a new ATH in almost any currency.
But perhaps 2017 will go down in history as unique and unrepeatable. Even in four or five years, when a new cycle of volatility occurs, I do not think it will repeat itself with the same intensity observed two years ago.
Mining allows you to accumulate and sell when you decide (as long as you have your electricity issue sorted out)... and the mistake for small miners is aiming at top coins with too high dif....
To accumulate coins you don't necessarily have to do mining, but you can simply buy them in exchanges .... faster, cheaper, less energy and less time, and you decide when you want to sell.
Mining is a very professional work activity, which requires commitment, energy, intelligence, and MONEY; to all this you have to add the fundamental point, without which everything falls miserably: how much do you pay for your current and where do you have your RIG?
If you miss even one of these points, mining is not for you; better to buy directly in the exchanges!
As the summer approaches how is everyone planning. We have depressed mining reward in USD terms. We will not have the need to heat our home.
Take a summer break. Go for holiday somewhere in a remote place. The price of bitcoin will restore very soon.Anyway, I think the price should be controlled by the miners not the market deciders. Opinion?
If you think miners control Bitcoin, I can’t get mad at you, it’s also not a super intuitive concept to understand. A “hashwar” is a fake concept invented and promoted by people who don’t understand how p2p network governance with full nodes works. Miner consensus is only relevant if they mine valid blocks. If they mine a different “coin”, users are not obligated to switch. A miner can spent billions of dollars on energy and hash rate mining blocks…but if it doesn’t follow the rules to which you agree, you can reject those blocks.
so far, I plan to look for popular masternode coins, and have some income from that. but, until now, I am still just looking for information about it. right now I'm also learning how to build minning, and who have cheap energy bills. well, lots of plans for this year.
there are many popular and profitable masternode coins out there, zcoin is probably one of the best. besides that there is almost no mining with cheap energy bills unless you build something extraordinary to make the best use of energy. My only plan is to find a cheap 1000W PSU and move all 3 of my mining GPU's into one case, and put that case in the living room where the air conditioner is. More efficient = less heat. In the same room as AC, bedroom doesnt heat up, win-win.
This is a good example of the typical intelligence a miner has.
Are you a highschool dropout?
My only plan is to find a cheap 1000W PSU and move all 3 of my mining GPU's into one case, and put that case in the living room where the air conditioner is. More efficient = less heat. In the same room as AC, bedroom doesnt heat up, win-win.
Hopefully when summer arrives, altcoin can heat up too, I mean in the summer of 2019 crypto market prices will soon improve and return to peak prices so crypto lovers can enjoy the summer while on vacation and enjoy the fruits of their business.
Ya and we all gonna drive lambos and drive off to the sunset.
Get real dude. Not every miner will get rich. The altcoins market can stay bearish for years. I don't expect any altcoin season this year to the scale of 2017. That only happens every 4-5 years when crypto becomes cool again by the masses. Plan accordingly
Hopefully when summer arrives, altcoin can heat up too, I mean in the summer of 2019 crypto market prices will soon improve and return to peak prices so crypto lovers can enjoy the summer while on vacation and enjoy the fruits of their business.
so far, I plan to look for popular masternode coins, and have some income from that. but, until now, I am still just looking for information about it. right now I'm also learning how to build minning, and who have cheap energy bills. well, lots of plans for this year.
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