You can try to resume bitcoin mining. But only if you have a free form. If you have anything for production there is you should not spend huge amount of money for the purchase of oborudovanie. If you have previously mined altcoins then go to bitcoin mining as the market is now a very good situation. The forecast for BTC price growth is now very positive. Winter will help you from GPU overheating)
Topic: Time to get back into mining? - page 7. (Read 1102 times)
About what exactly are you talking?
Bitcoin mining or altcoin mining? I think that BTC mining is profitable for a while now, i think that BTC has to be over 6000$ ( aprox) to be profitable. The alts are something different story, there are many factors to cinsider, there is no 1 answer.
in the price of altcoin is not yet relevant and I think if you do mining with altcoin still have to wait until their price is higher than now. but with bitcoin you can think again because the current price is good enough and don't forget to calculations needed to mining bitcoin, if you don't find good results mining will take much longer Bitcoin mining or altcoin mining? I think that BTC mining is profitable for a while now, i think that BTC has to be over 6000$ ( aprox) to be profitable. The alts are something different story, there are many factors to cinsider, there is no 1 answer.
if you look at the largest exchanges, you will see that they now offer Staking. and I think that staking will be the trend of the coming year, so going to mining now will not be logical
i believe if bitcoin surge over 30k altcoins will take the ride we've been waiting for, anyways, what do you guys think? good idea or bad ?
I have seen this every where and I also say it but I dont how it will work. Seeing the rate of dump (-95%) of altcoin, I think its a tall feat to climb for altcoin before anyone can make profit from them, especially for early investors. Who will pump altcoin? 
About what exactly are you talking?
Bitcoin mining or altcoin mining? I think that BTC mining is profitable for a while now, i think that BTC has to be over 6000$ ( aprox) to be profitable. The alts are something different story, there are many factors to cinsider, there is no 1 answer.
Bitcoin mining or altcoin mining? I think that BTC mining is profitable for a while now, i think that BTC has to be over 6000$ ( aprox) to be profitable. The alts are something different story, there are many factors to cinsider, there is no 1 answer.
This is not yet the time to return to altcoin mining, altcoin is still in uncertainty in prices, it's best to just focus on holding bitcoin because the dominance of the bitcoin market is getting bigger, wait until altcoin dominates 50%.
Indeed we should wait right now because even now crypto is not certain about the increase in price but we will have to wait for getting a certain alarm about the price of crypto. Mining is costly done so those who have money and mining equipment can enjoy mining but those who are poor and low resources will face little difficulty so better wait. 
for now i think indeed the right time to start mining Bitcoin again, because Bitcoin are entering bullish and in network many people are stopping mining activity after bitcoin crash few year ago, and halving phase for bitcoin are coming in 2020
In my view, I think Mining still not profitable for most of the users! This year Altcoin market suffering a lot, I have seen many people left crypto mining because of it. So, if you mine altcoin and if your electricity bill is not cheap then you will not make any profits from the mining! But, if you mine Bitcoin then your work can be valid now or later! Only Bitcoin mining can be helpful right now if you have a low fee for electricity! Otherwise, trading is the best option to make money on crypto!
Looking at educed rewards and requirements for mining, day by day mining is becoming less profitable. Still I believe it's a good option for those who can afford high performance systems.
Now a days, staking is also means of increasing your investment for some of the coins.
Now a days, staking is also means of increasing your investment for some of the coins.
I do not understand why people are still speculating on mining. Why would you do that? Do you think that your mining efficiency will be higher than giant companies has like Bitmain?
Rather invest into cheap altcoins, while the price is so undervalued.
Rather invest into cheap altcoins, while the price is so undervalued.
I can not be sure that your idea is bad, but I would not now invest my money in some kind of mining equipment. the most important reason for me is that the equipment is very fast becoming not popular.
This is an interesting question. In my opinion, it is only worth doing if you are confident in the growth of bitcoin and you have a mining rig. I think it’s not worth buying a mining rig now and trying to make money.
Not worthy to start building your mining rig and try to work with mining business, but like wise if you do have mining equipment and you believing that the market for bitcoin will rise to that level then alts have the piece of that success, review coins that have bigger potentials like ETH where the movements have the higher chances to work alongside with bitcoin while the entire market is trying to bounce and rally high. 
Since all this while that mining altcoins have not been profitable like before i don't bother to keep mining coins so i just lock my mining rig in a room and now that bitcoin halving is knocking on the door i think its a good time to start mining even if its not profitable? i believe if bitcoin surge over 30k altcoins will take the ride we've been waiting for, anyways, what do you guys think? good idea or bad ?
Altcoin mining was great, but IF bitcoin surges ABOVE $30k USD is a big IF. Definitely the values of altcoins will follow the bitcoin price surge, however, I wouldn't count on anything yet because bitcoin has a still a long way to go before $30k is reached.
If the day comes tho that altcoin mining is again profitable, I would definitely get into it more quickly now before everyone else jumps on the bandwagon.
Since all this while that mining altcoins have not been profitable like before i don't bother to keep mining coins so i just lock my mining rig in a room and now that bitcoin halving is knocking on the door i think its a good time to start mining even if its not profitable? i believe if bitcoin surge over 30k altcoins will take the ride we've been waiting for, anyways, what do you guys think? good idea or bad ?
Altcoin mining was great, but IF bitcoin surges ABOVE $30k USD is a big IF. Definitely the values of altcoins will follow the bitcoin price surge, however, I wouldn't count on anything yet because bitcoin has a still a long way to go before $30k is reached.
If the day comes tho that altcoin mining is again profitable, I would definitely get into it more quickly now before everyone else jumps on the bandwagon.
at this time I think the level of difficulty of mining has begun to increase and if you do that it can only provide a small profit, it takes a very long time to be able to ROI (Return On Investment) better you buy coins at the exchange will be easier without having to make a lot of equipment for mining.
This is an interesting question. In my opinion, it is only worth doing if you are confident in the growth of bitcoin and you have a mining rig. I think it’s not worth buying a mining rig now and trying to make money.
Since all this while that mining altcoins have not been profitable like before i don't bother to keep mining coins so i just lock my mining rig in a room and now that bitcoin halving is knocking on the door i think its a good time to start mining even if its not profitable? i believe if bitcoin surge over 30k altcoins will take the ride we've been waiting for, anyways, what do you guys think? good idea or bad ?
It all depends upon what coins you are planning to mine, if you have a list of coins and what machine you are having then we can calculate about the potential profit percentage you could earn if there is an altcoin rally, there is nothing wrong in supporting any network if you are capable to do so but it all depends upon the mining tools you will be using and unless you give a clear idea about that it is hard to tell whether it is a good idea or not.
No i think altcoins is still good for mining like they have cheap price now in market then this is like investing also in different trading site
Then better to really back now with bitcoin and altcoins for me because they drops a lot by now then in the future market here will grow that no one imagine it like in december 2017 so do invest or do mining now even little by little then sell in high
Then better to really back now with bitcoin and altcoins for me because they drops a lot by now then in the future market here will grow that no one imagine it like in december 2017 so do invest or do mining now even little by little then sell in high
This is not yet the time to return to altcoin mining, altcoin is still in uncertainty in prices, it's best to just focus on holding bitcoin because the dominance of the bitcoin market is getting bigger, wait until altcoin dominates 50%.
If you have a mining device that is adequate and can be used to mine Altcoin, this is indeed the time. Altcoin is still going down, but bitcoin will soon take a swing to get up. Altcoin in the mine I will choose ETH because ETH will adjust prices when bitcoin rises.
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