Topic: Who is mining right now? - page 2. (Read 695 times)

Mining is a way to make a steady profit, but now that the number and price of Bitcoin is decreasing, the risk of mining is increasing!

I'm certainly not a trader, but I can answer this question from the height of experience ... What you need to sell if the project you do not relate to the soul, I keep a couple of tokens that have fallen by almost 80% but the belief in them and the project is strong)

I think minners are still sleeping for the time being, and whether they will be active again when. because with hashrate as it is now, it is not balanced with prices on the market. if you still add to the situation as it is now, then maybe he just likes it, because profit is just a hoax

Yes...I was mining HOLD coin from 4 months ago, and now it only values 10% price when I bought it.
I think you should choose 1 good coin then focus on it.

I think being a miner is now the same as suicide, with very high hashrate and low prices, it's really ridiculous if you still want to do it. Will you be able to get profit in this situation?

https://cryptominerworld.com/founders_geode_pre-sale/?ref=0x778f7434956b899303708fa3c5fad85bf9d93e06#geode_qty_modal


cryptominerworld Is a new idle game to hit the blockchain. So far The only blockchain games iv been making eth on is idle games.
This one has fun and ridiculous looking characters and the setup for payouts is cool and fun to.

PRE LAUNCH SALES - every 24 hours the pre launch sale goes down 1% Id recommend getting the 5pack of gems or the 10pack with the geode. You get 5 plots of "FOUNDERS" land with a order of 5 and 11 lots of land for 10pack order. Im told land is going to be .02eth each on launch day and with the crypto market starting to come up that could get pricey.

2000 ETHER! Find gold, artifacts, prizes, and more to sell with others at the marketplace. Dig deep enough and discover rare keys, capable of opening Monthly Ether Chests or even the World Chest worth over 2000 Ether!

Buying and selling of land and items will be a thing, Grow your gems to be stronger and mine faster.

Their are some cool concepts this dapp that i have not seen in others. Monthly bonus chest like a lotto,
Once a world has been all mined up it dies and a new world starts, GEMS ARE KEPT FROM WORLD TO WORLD,
Every gem color correlates to a birth month so that month that color gem gets a mining boost.

AMERICAN OWNED AND CREATED Sophophilia.com BRINGS TO US CRYPTOMINERWORDL! REAL ADDRESS REAL IP ADDRESS REAL PEOPLE! BETTER THAN 80% OF DAPPS




https://youtu.be/DZ7-DkbBrzA  <--- video review

https://cryptominerworld.com/founders_geode_pre-sale/?ref=0x778f7434956b899303708fa3c5fad85bf9d93e06#geode_qty_modal

Mining idle game with silly characters amazing ideas and concepts not found in other dapps period. AMERICAN OWNED AND CREATED Sophophilia.com BRINGS TO US CRYPTOMINERWORDL! REAL ADDRESS REAL IP ADDRESS REAL PEOPLE! BETTER THAN 80% OF DAPPS

Main Website
https://cryptominerworld.com/founders_geode_pre-sale/?ref=0x778f7434956b899303708fa3c5fad85bf9d93e06#geode_qty_modal

Telegram
https://t.me/cryptominerworld

Twitter
https://twitter.com/CryptoMiner_W

FaceBook
https://www.facebook.com/CryptoMinerWorld/

Instagram
https://www.instagram.com/cryptominerworld/

Reddit
https://www.reddit.com/r/CryptoMinerWorld/

Medium
https://medium.com/@CMWorld

Mailing List Sign up
https://cryptominerworld.com/#MailingListMP

I have stopped mining since May 2018 because coin prices have fallen and if I move forward it only produces a break-even point where I have to spend all the costs on mining but the results are only enough to pay for it

Yes, at present, it is unlikely that big coins will be available in the market because most of them are low value and very difficult. If I continue to mine, I think that miners should look for coins that have the potential to grow in the future and are now cheap but difficult to exploit.

With each passing day, there are fewer private traders, and more are becoming large companies that do this.

Those who understand all the perspectives of mining in the future are mining right now as well. Because they don't take into account the price of crypto at the moment but just look at the bigger picture knowing that maximum in one year from now bitcoin and other cryptos will reach the new highs))

Everybody is in the game right now. This makes it hard to make profits unless you have tens of thousands of dollars of setups. I think it's better to speculate or hodl rather than mine today.. Many coins mined die and you are left with huge bags, etc. Fake devs come in and copy paste coins from all algorithms, start a discord, own mining pool, premine and dump on poor people whenever their coins hit an obscure low-vol exchange. Rinse and repeat. 
Another thing not frequently mentioned is the very high number of bag holders from swaps, because its hard to follow ALL coins discords/telegram/medium/twitter to catch swap dates.
All these factors make it very hard to get a good coin. You are better of buying a coin or token that shows promise, like Elastos or Eterbase and watch the price go up.

The competition is big, small ones sell their equipment as they are overshadowed by larger companies.

I have friends who are mining bitcoin and eth. They say they still have enough money to continue their work.
Although their profits are less, there is still hope in their work so they will continue

I have not had a good experience with mining and this is the reason I try to stay as far as possible from mining. It might be working for others but for me, it is not an option of consideration for now.

I read a lot of research and the main idea they have that today it is profitable to engage in mining only participate in the pool or having a large capital to invest in equipment.

I'd still prefer doing bounties than mining because of the electricity consumption that increases whenever you mine using GPUs or mining hardwares. I think it is more practical to invest or do bounties at this point.

How I wish to be a miner but they say it's no longer profitable and it all started when the hype of all time high is there and maybe people took the chance of becoming a miner.

But as the time passes, correction comes and price of altcoins that they have been mining decrease as well but the quantity of the coin they mine has increased. Strategy in mining is like in holding, you can hold for a very long time and wait until the value of your token increases but you have to wait and be patient during the low days.

Large industrial miners are gaining momentum, and private sell their equipment, unable to withstand competition.

with this market situation, I think that is the right decision, the last few months the market has not shown good performance, but the need to mine is always high, including the cost of electricity and tools for mining.

with this market situation, I think that is the right decision, the last few months the market has not shown good performance, but the need to mine is always high, including the cost of electricity and tools for mining.