Bitcoin Forum

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 ?

in my opinion it is very difficult to mine like bitcoin, because the supply is decreasing every day and mining results are also decreasing. only large mining companies are able to generate profits from mining. maybe if in 2013 it was very profitable to mine bitcoin, even though it only had 6 GPUs. for now I think altcoin mining is more profitable for small mining, choose altcoin which has the potential for the future and produce it later in my opinion. :)

I think that's a pretty good idea to start mining again. But you have to prepare funds to pay electricity bills as long as it's not profitable. After getting a coin through mining, I suggest not to sell it at this time because BTC has the potential to touch even higher prices and alt will follow it. You just need to hold it until the right time comes or exchange it for BTC and hold it until we reach the top. To calculate costs and see the profitability of good coins to be mined, you can check them here https://whattomine.com/ and for further discussion about mining altcoin, you can join here https://bitcointalk.org/index.php?board=160.0

He's not talking about mining bitcoin, but altcoins.  And I agree with him that if bitcoin were to hit a level as high as $30,000 that altcoins would increase massively as a result.  I don't know if it's actually going to get there soon, but I think it will eventually.

If you can find an altcoin you have the equipment to mine, I would do it...but only if you have cheap electricity, and that's an obvious point.  You don't want to be losing money mining a crappy altcoin that you're *hoping* will go up if bitcoin does.

A better idea would be to find a good proof of stake coin and earn that way.  At the very least it doesn't have as high an electricity cost, and it's also a lot simpler to do it.  But I do think now is as good a time as any to do either one.  Best of luck to you, op.

mining altcoins in general is only profitable if you are a big miner and have super cheap electricity. in other cases for small time miners and with medium electricity cost you can only make profit mining during the large scale altcoin pumps and they are not starting any time soon. and if bitcoin starts rallying up like what you said to $30k the altcoins will have a lot of dumps and lost a lot of value which makes mining that much harder.

It depends on the condition of your place. If your place has a high price for electricity, and you need to install some more appliances such as air condition for it, and the reward that you get from your mining is still much lower than the cost, I think it is better for you to wait for the much better altcoin days. It is not far from happening anyway. But if you can still make a little profit from it, not bad to get back to mining right now.

I agree on that the bitcoin halving affects the difficulty on altcoin mining if the altcoin bullrun comes with it. So this would be definitely the right time to run your gear when the difficulty is low and if you are not planning to pay the electric bills with cryptos right away. Are you planning to mine new microcaps or older ones? Because i would think that this is the time for mature projects.

You know that even with the recent rise of Bitcoin, mining is a loss of money maybe due to high cost of power but if Bitcoin can be reaching more than $30K then it can be churning out some profits. That can be a gamble already and no more an investment because even if we are all awaiting the possible bull run there remains no guarantee that this time it can go higher than the previous almost $20K run. Now, it might be a little different story if you gonna be mining altcoins. But tell us what specific coin you are planning to mine again. I am sure you can now determine if there can really be a good profit to be made here or is the profitability really hinges on Bitcoin doing a big bull run?

Mining this days not profit as before, i think go to mining for most of us not good, may for who the electricity is very low in his country.

I really don't think that its a good idea to mine. Instead of paying high electricty bills, use the money to buy altcoins i think its even cheaper that way.
You don't even have to keep on checking your mining hardware for malfunctions and other stuffs.

For those who already have a mining machine, it's better to continue mining, but those who don't have a mining machine would be a little overwhelmed too if they wanted to assemble it now, because the basic ingredients for making mining machines are obviously very expensive now.

Bitcoin would probably rise with halving but that would not make its mining profitable from unprofitable overnight. Upto 20K or 20% in April 2020 would be my safe prediction for the rise in price. So, it's much better idea to buy some and hold. The bitcoin and bitcoincash mining are still industrial effort as all of other popular coins move away from mining.

Mining is a profitable investment and it depends on electricity free country. So those are use solar panels for electricity it make good profit and majority of the peoples are concentrate the trading only so mining demand also increase upcoming days. Many new GPU mining rigs are enter into the market so old rigs are make low profit on current traffic.

People are now used to halving and it would not make a huge difference as people would prepare for it. You can aspect the price of bitcoin gradually rising afterwards, so would rise the difficulty. It would never again be profitable for individual miners to mine bitcoin. These farms would always steal away all the coins however small the amount.

It seems to me that mining at home through GPU has become no longer profitable. Payback term is too long. Therefore, it`s much easier to buy altcoin at ones and to hold it in the hope of growth.

I think that now and in 2020 there will be a big rush at POS Mining and therefore I do not understand why now you want to start mining on any equipment. mining is now profitable on an industrial scale but not at home

First thing that you must prepare is your toolset for mining, beside that electrical is the most factor that you must cost. You have a lot of deficit before it started.
I think mining is not major solution to earn crypto, there are still many ways to get it with no money in it.

Mining has always been a long term investment something. You will not really see the profit of mining just within a few days of mining. Long term mining plan usually is not really affected by the market fluctuation of the prices of the particular coin you are mining. That is, you can still make some reasonable profit even if there is a drop in the market price of the coin you are mining so far as you are in a long term mining plan. But when there is a price increment, you either double or triple your calculated profits.

If you're living on the tropical countries like USA, mining is somehow profitable because as you said that's dependent with the electricity costs. Since tropical places like Western countries, is not having expensive power generation, unlike most asian countries. If I was having enough capital to buy solar power generation equipments, I would invest on that just to cover the cost of mining electricity consumption; so I could do mining operation successfully without worrying for huge bill for electric charges. Profit gains would potentially gaining higher profit, once it stabilizes.

It depends on your method of producing electricity to run the computers and so if green energy is being used then costs will be lower. Also, a lot of power is consumed to keep everything running cool. In cold environments this isn’t so much of a problem as they can pull in cold air from outside. the cost of maintenance and the cost of the physical space the mining rigs use, should take into account.

There are also other factors such as lifespan. all mining gear becomes less effective over time due to the ever increasing difficulty of most blockchains. In other words, a mining rig that can mine 1 ETH per week now might only be able to mine 0.5 ETH a few weeks later. when we are in a bull market, even relatively slow equipment with expensive running costs can make a small profit, despite the current gloom (especially for alts), I think it is very likely that the market will start ticking up again eventually, so best time for mining again.

I think this time is not a good time. large electricity costs and too long to be profitable. the best way now is to buy some altcoin and trade daily. maybe with this you can make a few $ instantly than mining without profit, or you can buy altcoin and save it for the future.

As long as you have time to search for profitable altcoins and be ready to mine them in the early days of blocks, then you should do it. Also make sure you have some powerful gpu's and you're online here most of the time when the ANN Threads will be open and pools will be make public. Also if you have some asics, don't hesitate to upgrade to the next level in order to get more hash power.

Personally I can't mine anymore as gpu's are expensive here, electricity is expensive ...so I prefer simply to invest and hold.

Are they currently selling altcoins under electricity costs and what are those coins? In fact, is there a place where i could track what coins are i should buy rather then mine in terms of the cost of electricity? That would be useful so i would just cross check them against their fundamentals.

If we see from the market price it is now time to rise because the price of bitcoin has gone back up and if mining costs are enough there is no harm in getting back up, but if I think investing is more interesting because the results are faster than mining which takes quite a long time, so it all depends on each of our thoughts because personal belief is the most important thing.

Personally I believe that mining is not viable unless you have access to cheap electricity fees or you can are a big entity that can get big discounts at purchasing mining hardware.

Furthermore I wouldn't get fund any investment that is not already profitable aka I know it is going to make me money. Why risk your money on mining when you will most likely get better results by just buying it.. I am not a fiancial advisor so treat my opinion accordingly.

This is very reasonable in my opinion, get serious with the mining of altcoins right now then wait for altcoin season which might likely come next year. My reason for saying altcoin season might come next year is because bitcoin halving next year will obviously cause price uptrend for BTC, then when people start moving their BTC profit to altcoins, it should cause altcoins to increase in price too. Well this is just my opinion, I'm not certain.

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.

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%.

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.

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.

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.

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.

yes usually the price of all cryptocurrency will follow the movements of bitcoin prices at the exchange but it cannot provide a guarantee of profit because usually altcoin mining when bitcoin prices rise sometimes altcoin prices fall, so it's better to be careful when mining and make sure mining in the correct coin really potential.

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.

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.

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.

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.

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!

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

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.

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.

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?

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

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

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)

Mining is profitable but not really an easy task I think as inhavnt done it before so don't know how it is

Mining can certainly be an idea, but only if it is done in a truly professional manner and with large investments of support.
"Creating money at home" as someone thinks it is, it is no longer possible, because mining has become an activity reserved for experts.

Mining bitcoin might be demanding and it is quite tedious, because the profit is not as it used to be. Also, not everyone can mine easily, even if there is support from any end, expected and unexpectedly. If you do not have constant electricity supply, most mining is

I pretty much just gave up on mining after I had wasted money buying a rig I will never use since I was waiting for the GPU's to be delivered and they never came during the rage they were all sold out.
So now I have everything I need but the GPU's. I should probably be trying to sell it. I haven't even used it. Completely new. After that horrible experience, I am ready to pack it in.

Maybe on occasion, I will mine the odd altcoin while it is still yet to hit the market. You can make a few $$ that way. It is also to support and show support for the devs and their project. The idea of mining has been ruined by mass production like with everything. :(

Bitcoin halving always every four years, back to mining right now maybe you want to ready when bitcoin have higher price you have pass with mining last one year, how ever to start mining right now is not possible with price of altcoin still down, you can start mining if bitcoin and altcoin price n the top, you can get back your money with mining just few months if price of coin have high.

If you have cheap electricity in your area, why not? I have given up mining for so long already. But I have plans to buy solar panels in the very near future so I can get back to mining again. The initial investment is pretty expensive but I think, it is a worthy investment. At least, once you got your money back from buying solar panels, afterwards it's free, right?

I guess you really need a compute everything first before starting to mine again. I mean we all know that there are a lot of variables here, for instance the cost of electricity.

Question though, why did you stop mining? It is because of the long bearish trend? If that is you reason then you should stop mining at all. It's a business so if you can't sustained it (I assume) then it's better to just invest or trade and sell those mining rigs, just saying.

Probably if you are just into accumulation and won't sell those coins that you've mine for the bill.

Depending on the altcoins that you will mine, if I'll be on your shoe I'll be picky with the coins that I'll mine. I would probably gamble with some to mine with but won't waste a lot of time for them.

I miss the good times of mining, but I'm good now, I don't want to keep a lot of GPUs mining, with a lot of problems to solve a lot of days during the week

I could do if the money is good, but the cost of electricity in my country is so expensive at the moment, that is not viable to mine

If you have a decent price of electricity, less than 10 cents, you can mine at a profit

Why would you want to mine even it it's not profitable? I don't get it because you could just buy the Bitcoin directly if you are hoping for Bitcoin to rise at $30,000 level. Unless you have a good rig and a cheap electricity, it is pretty stupid to mine Bitcoin at a loss. Just buy them directly, you will also help the market that way. It will also save you time and effort.

Maybe, bitcoin halving is coming to town and many anticipate already that btc price will go boom again. But I dont know if it will be a good impact for mining since maybe the difficulty will increase for this. I see a lot of feedback that altcoins are better for mining than btc but some believe btc still profitable. I dont know this since I didn't try to do mining yet.

haha idk about that man, ETH is in like its last year of PoW (finally)
mining is just ending after like 5 years of profits, starting NOW would be insane imo
once ETH goes PoW imagine all that hashpower, do you think they will just quit? nope, it will move to other coins
any alt thats PoW is gonna be RIP, as 2 million GPUs hunt for something to mine  :o

Might be a good idea though. But is it worthy and profitable in your place? Your alts would be on hold I guess but you have to sustain you maintenance in your mining stuff such as electricity. It will sure pay you off alot soon. Mining is good for people who lives in a cold places, heat doesn't add upon the cost and they are away from damaging their hardwares plus they do have a low bill of electricity. But if you aren't in such condition plus you do pay higher bills and then you mine alts a little bit then I guess mining isn't worthy for you mate. But it is still upon you to decide.

Mining is too costly nowadays, I doubt if many still doing it especially due to electricity shortage in some countries. In my country it isn't profitable and those who tried it already give up. Some who still doing it might putting tricks in their electricity or like some news in other doing it thru renting in hotels.

seeing the recent rise in bitcoin prices surprised me and I don't know what is happening in this market that bitcoin can increase in a few days to $ 9,620 today .. Bitcoin has given me a lot of money from the initial investment of 5btc x $ 7,500 = $ 10,000 ? can you imagine in 2 days I have gained more than 1btc ..
this is a significant price growth, i don't really understand about mining, maybe it's not a bad idea, especially btc prices have gone up.

not good idea.
still will not be profitable even if later the price of bitcoin rises to 30k. the total cost incurred will be greater than the results (the more difficult to get bitcoin), unless you have a super sophisticated mining tool.

As the crypto market pumping, so, yes, I think it's the time to get back to mine again! I would suggest to mine giant coins like BTC, ETH, LTC, EOS and so on. But only Bitcoin can give you a confirmed profit, I am not sure about other coins, you have to be ensured by comparing with your electricity fee and mining costs!

If you are going to mine Bitcoin, then for sure it will be unprofitable. Most likely, you do not have the latest equipment available, and it is not able to give an acceptable hashrate. Only in vain will you spend electricity.
If you want to mine any altcoin, then you will not guess which one to choose.

I think mining coins is profitable as long as the coins are actively traded on exchangers. Coin mining means decentralized coins and I think coins like this are suitable for long-term investment.

Results, of course, for sure most of us can only afford to do alt mining but unless you're prepared to make a proper industry of it, get the right education and right equipment, don't ever try mining on your computer or laptop.

I even made the mistake of POS before and made a lot thinking I was smart but those coins just got worse and worse in value. I lost a lot in electricity and time.

I think this is a good idea, because soon there will really be bitcoin halving and then bitcoin will be able to show new results and while there is a chance to act, altcoins themselves certainly have not shown growth for a long time and also growth is very possible when there will be bitcoin halving, so now there is still time left to start mining bitcoin or altcoins.

You speak of mining as if it were a recipe to be cooked with ingredients. Lol.

But yeah, I agree that if you're just getting into the mining scene now (be it bitcoin or altcoin mining), save yourself the trouble and just don't. Mining is a complex business that isn't so favourable for home-based or small time entrepreneurs right now. Only those who can deal in economies of scale have profit in mining these days.

Everything will be decided by you after all. You know the factors need to considered when mining. The expenses is bigger (including the electricity you will use) so you have to think if you'll profit from it if you're going to go back into mining. Cause doing it alone at home may not be profitable. But I'm not stopping you if you really want to mine.

I also think the future halving will affect the price. So obtaining BTC by any ways may make you profitable in the future. If mining is appropriate for you, you should not miss this opportunity. The recent increase in price was a hope for everyone, and this hope will not run out easily. If we continue with this price until the end of the year, next year will be better.

If you get free electricity then I would say mining is worthy because the amount of commissions you get from mining does not even suffice the electricity and Internet bills and mining is not for everyone and many of us end up losing our investment which we make to buy the components like miners,  graphic cards and all. Trust me this is not right time for mining and don't waste your time and money behind it.

Altcoin mining is not profitable like before, mining monero now with 2000hash rate will only earn you 0.60cent per 24hours and excluding the electricity fee leaves nothing left at all, i think mining now is for those who wants to hold for long term

How long do I have to wait for $ 30K? for the present value, the possibility that I can get from mining after reducing electricity costs is only a little, this is not feasible to do in my country. While the electricity costs have to be paid every month, so there's no way I will continue to pay with my income. Altcoin market depends on the bitcoin market, I agree with this, but to mining is a bad idea for me.

There has no assurance that after halving the growth of bitcoin and altcoin will continually increasing going to $ 30K instantly it might take for many months or years to go with that thing and yet we don't have any concrete prospect that the market will get back into bull run in twenty-twenties.

even when the coins are actively traded on exchangers, it doesnt mean always profitable
mining needs big resource to do it, such as mining rig, electricity, which oftern cost more than you get
that's why OP said that mining isnt profitable anymore

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for OP, as long as you use good mining rig and low cost electricity, it can be profitable, do mining altcoin for better result.

I've always loved to be a miner too but the expenses of the rigs and electricity always discourages me. And if bitcoin surges to 30k, there is no assurance of altcoins recovery. Who knows it may even be the death of some alts.

If bitcoin reaches $30k surely we can expect the price of altcoins to grow further along with bitcoin. Until bitcoin crosses $15k I don't think there will be growth with altcoins. When it comes to mining, the present market gives mere profit if you're mining bitcoin depending on the electricity consumption charge. When it comes to altcoins it is time to risk, as there won't be much miners, the difficulty will be low. It can be used as the time to mine and hold large volume. If lucky you'll be benefitted, if not it's a loss.

the idea will always be good i think, because when many miners decide to stop, but on the other hand i think they make decisions too quickly, meaning when they are still able to do it maybe without getting the expected benefits but at least by continuing to mine you will continue to earn coins mined until there will be a time for you to sell when prices are on the moon

I was a miner in 2017 and at that time it was very profitable, but in the middle of 2018 I was no longer in profit and at that time was giving a loss due to the rapid decline of bitcoin. until finally I decided to sell all of my minning devices at the end of 2018. this is a little story of me at that time minning. who were hit by the hype of the price of bitcoin and minning.

Regarding whether minning is still profitable at the moment I think there are still benefits but we are minning new coins because at that time the price and also the level of difficulty is still lower than we are minning bitcoin or others. if calculated there are still advantages. because I myself am also still active in forums and some people still provide minning updates. based on that I see

No, currently the hashrate is very low due to electricity increase and is the dry season. And that is also why miners are now making a profit again due to less competition.
We do not need to wait anymore, mining is a form of business is quite profitable at these times and you should also invest in mining projects.

   Who have mining equipment can think about returning to mining! People who plan to invest in mining rigs now should do it fast, to try
to mine as many coins as they can before the halving, after that block rewards will be halved in half. It`s for people who think about
Bitcoin mining.
   Who find mining equipment to expensive, should think about mining other coins. Now we have a big choice! I will never go into mining
business because I live in country where electricity is too expensive. I`m more of a staking person!

As of now, most of the people are not showing interest in mining because now the difficulty to mine bitcoin is very difficult due to high hash rate. So it is a very bad idea to choose to mine because now it requires huge mining equipment and the difficulty rate is also very high. So it is better to stay away from mining.

Between costs and average income is also thin making BEP Capital experience longer and in my opinion now people are no longer interested. plus technical problems that often occur when we start minning. at first it was true that when the price of bitcoin rose profitably, but today many people are complaining about the price that never goes up plus the level of difficulty mining and also the electricity costs that also go up

You should get back to mining. But it will be profitable only after the Bitcoin halving, maybe around October 2020. But the greatest gains will be made if you start now. Find the most promising coin with the lowest difficulty.

Read our article about Ethereum mining, and also you can familiarize yourself with our other articles, there we offer a solution.Subscribe and stay tuned.
https://medium.com/@2ether/how-ethereum-block-rewards-changed-from-5-eth-to-the-thirdening-162827e1b5dd

It is a beautiful post and it clearly states the flaws in ETH a made up currency with no limit on the number of coins in circulation and there is no plan in limiting anything and they are following the fiat model and people should trust ETH  ::). Majority of the investors in the bitcoin market got attracted because of the stupid government control and to get rid of that and now ETH is creating a currency that copies the fiat model and i call it a scam coin  :P.

now is the right time to go back to mining.

mining Ethereum very unprofitable at this time, better mining Zcash, Bitcoin, Bitcoin Cash, and Monacoin
this is a recommendation from a friend who is a miner
he always moves to move cryptocurrency when the cryptocurrency in his mine is no longer profitable.

You guys both make a good point but logical Bitcoin is best coin to mine now before the block halving take place which also lead to the reduction of block rewards. However, the above user was right because ETH was among the profitable coin in terms of mining aspect this year and the rest  are zcash, LTC, Monero etc.

One way or another, even considering what you said about the price reduction for Bitcoin mining, anyway, this activity is beneficial for the most relevant coins, including Ethereum.  Until now, users have stated that if the price of Bitcoin is above $ 5,000, then it will be more than profitable.  And according to analysts, the cost of Ethereum for itself was about $ 500, but nevertheless, even with the current state of the cryptocurrency market, Ethereum mining still remains profitable.

Not a good idea and you may sell all your minkng cards and ASIC rigs with the better price you get in the market. I was tried to invest on the ethereum mining rig set up few months before and I stopped it.
I recently went electronic market and saw that most of people stagnated their cards and unable to sell it due to low price.

Is mining still worth it? I do not think so. If it is not profitable why bother getting back at it again. Try something new though. You won't get anything there and in addition you have to maintain your mining rig electricity and whatsoever is that. You must be having a small rig. If you wanna get there I suggest that make your mining rig stuff there much more bigger than you already have so you have better income. But you will have bigger maintenance.

Mining will be more difficult when Halving Bitcoin happens later, because the rewards given will be smaller and the level of difficulty will be even more difficult. Currently mining make many people who stop doing it due to several factors such as not being able to pay for electricity costs, the rewards given are very small, etc.

You have to be looking at a long term deal with mining nowadays. Especially with mining BTC. Yeah the cost may be a bit too high when you mine BTC and a lot of miners have already switched to mining alts instead like ripple and BCH. I personally stopped mining Bitcoin a year back and stuck to just trading. Though I still mine alts. It'll be hard for BTC miners that switched to go back to mining BTC at these conditions.

I don't know if its still profitable because i have not tried buying a mining equips and it will just consume a lot electricity bills on where i am. But i think it will be profitable if your electricity supply is from solar powered or free then you can get a lot of profit without worrying the bills.

And halving is near and the rewards will be halve and i think its still profitable for some miners and taking advantage of the rewards while its ot been cut from half.

Smaller is not the most important issue between electricity expenditure and bitcoin increase can provide benefits. Oh yea, on average, miners are now not minning bitcoin because of the difficulty level and cannot cover electricity costs. they are minning new coins because the level of difficulty is still low

Why mining? Why not try other different options like POS,DPOS, or masternode?
I think this is more less expensive rather than using tons of electricity to get coins/tokens.

I don't think mining with the current price of bitcoin is profitable since the blocks is already high and the lesser the supply will be harder to mine.
But if the price will booming after the halving, the miners today must be rich in the future, so if the miners trust the price will be boom, it's not bad to start mining right now before everybody will mine after the price high

In my opinion the reason because Halving indeed make some Miners return to mine Bitcoin, as our friends said above, the level of difficulty will be more difficult so that the rewards given are also small, although small but the price of BTC is high so the money we get is also large.

not a bad idea since you already have the tools,and it was only stocked in your room then better use it again,yeah mining is very expensive and we cant find profit but thats because the prices of cryptocurrencies are in lower level.

but once we take at least more than 2017 highest capitalization?i am pretty sure profit can be generated in Mining again,but for the mean time you need to extend your capital because it will take 6 months before we finally reach the Halving and see the next bullrun

This could be a good idea if the average expenses for mining are lower or slightly lower than the total profit of coin generated. But if it is higher than by a big margin, why do not you just buy it directly on the market and then hold it. I do not think it makes any sense to keep running the mining hardware if you are losing your money for 20% or more, we need to act smart in managing our money.
By doing this we can save some money or increase our holdings, we can start mining it again after we think it is fine to do it.

I agree when mining starts, the right time is if it only continues but it is not recommended if just starting because it does not look stable. bitcoin is still the most attractive compared to other altcoins. because it really isn't stable yet.

If I am to answer?no it’s not time and there’s no other time but bullrun only.look at the market?were all speculating about the Halving in May next year but what if nothings happen?i mean what if market still dumped ?what will happen to your capital because for sure you will spend more money just to pay the electricity and some other expenses while waiting for the bull to come

Well, there are lots of reasons to get us back to mining, but in general, most of us have looked too subjective when we are looking at the benefits right before our eyes and ignore the long-term damage and risks in mining. The first is the level of difficulty as you say, harder and requires more advanced equipment to perform mining work, especially the volume of bitcoin has been exhausted, rewards and benefits are probably not enough to offset the daily costs of mining, Bitcoin's price may be higher, but it doesn't say that mining has had a return, in fact the opposite

It is also possible to mine new promising coins, this can serve as a great chance to earn money, albeit not immediately. Read our post, stay tuned. https://medium.com/@2ether

Yes, I think that the movement of bitcoin is really encouraging right now to make miners return back to business, since it is when the market is fully running in a full blown green lane that they make more profit, and you are lucky to have had a rig already for this and I wish that I could be like you but the cost of setting up this is what scares me way and not even that, I don’t live in some of these advanced countries where they have constant light, we usually don’t have stable light in my city and I wonder why we are still lagging behind when virtually other cities are having constant power which is very necessary to run a mining machine, but I wish good luck to already existing miners now for the profit they will start making from now on.

Sadly your comment passed unnoticed. There are some good PoS coins, its not cheap to run masternode, as I remember if you wish to run masternode for dash you need more then 100k starting investment. For some other good coins, lets say good PoS coins, you need at least 10k dollars. With that money you can think about buying mining equipment, but you need to calculate other expenses too, like electricity on the first place and of course free space if you don`t have any empty room for that. With PoS coins its easier, just wallet and coins and you are good to go.

At this time when talking back to mining methods, it is considered inappropriate because there are now many more sophisticated coins / altcoins / tokens born, and what must be remembered is that mining requires expensive equipment and intensive care. With the presence of this IEO makes people choose to invest rather than mining.
It is not yet called Crypto Enthusiastic if it has not felt the sensation of mining but money is a necessity which we must really place and use our money as an important capital for life.

A lot of people in my community already tired with mining because in here cost to do mining is higher than reward that they get. I think mining is something that is all about cost. If you think it is profitable, then do it because it is worth to do.

Cost calculation. BEP from our capital. Not to mention if the problematic device becomes a calculation that we must do when interested in doing minning and not everyone wants to take the risk. in my opinion it really needs to be careful if we want to do minning. and if you have not yet served, do not let you do minning

You not only have to factor in electricity costs which would put me into the negative already, but also the cost of equipment, and the time you have to put in for maintenance to keep it all running smoothly. It's just not worth it right now in my opinion. Maybe sometime during the next bull run it will be worthwhile, but with the cost of electricity and the rate at which the hardware is becoming obsolete, mining is just not worth the time right now.

There are still people who have bought equipment and have not yet paid back.
We also protect that it is possible to mine young promising coins, which in the future can be sold for good money.

indeed, now is the right time to do mining but you must know that to build mining requires expensive equipment, very high electricity and very expensive repair costs so I think the capital you use will be very much with invaluable results, more good you buy altcoin which has the potential at the exchange so that when prices rise can provide many benefits for you.

True, there are a lot of things must be aware before we do mining. Especially the equipment, when people think mining coin is a way to earn money easily, some GPU price increased very much. And that thing is really affect on how much people must spend to make full mining equipment set. And now when mining not really booming again, they lose money when they want to sell that equipment.

For me, the cryptocurrency market is a risky one, but the potential of the market is also high. I believe that in the next few years the market will be stable and profitable for long-term investors and miners. If you can be patient with crypto, you can hold it long term then I believe in the near future you will have a lot of money.

what do you mean mining is not profitable?
you can always keep mining and hold the coins until its profitable for you to sell

Not in the USA. My data hall rates are 9.5c to 10c kWh. My home electric rates shot up dramatically in the last 1-2 years from around 12c summer rates and 10c winter rates  

at the home to 17.29c kWh Summer rates and my guess of around 15c kWh Winter rates. UGH!

Add the 25% tariff and further reason not to mine in any way, shape or form.

Add the increase (from what I can tell) of equivalent chips 16nm in bigger boxes for 1/3 more money since around May 2019, IMHO, and that further

complicates mining.

And the fact the ABOVE all sell out, driving up difficulty is not helping much in this regard either.

and lastly, the price of BTC does NOT reflect, even without tariff any way/shape/form should you mine.

The only mining I'm doing is "Attic Mining". You sell the crap out of attic or storage or whatever, on eBay you would otherwise

die with for BTC/Crypto dust. If you are wrong, worst that happens is you lost some time and gained some space in the house. In my case, future

rec room in the attic...but if you are right and BTC hits the ATH again, you are a genius! win/win IMHO.

I do like to watch mining as a 'spectator sport' but I'm in the bleachers just HODL'ing and doing above to add to the BTC/Crypto hoard!

my 2 satoshis worth of advice

later

Brad

Mining is getting more and more profitable, especially BTC mining. According to cmc, all other mining options are still bringing you around 90 bucks per months by investing 1k USD and in my opinion it is not worth it yet.

I no longer even think mining will be truly profitable. if you can calculate how much expenses we have to pay to mine coins and how much we will get from mining it will be very little to get a profit. mining requires a device that is very powerful and certainly expensive. big capital is also needed.
if both of them need capital, I think trading will be more profitable for me than mining.

Not all investors can trade. Many people are mining because cryptocurrency is secondary to them.They grow in the long run.

Do you really think entering into mining at this stage would fix things, As there is a huge investment behind a mining setup. Which coins do you all suggest for mining.

On the other hand....the original folk that got into BTC were mostly miners. That is how I and my peers got into BTC/Crypto.

It could be the same thing, only with big investors, in 20/20 hindsight it probably would have worked no worse for me tho HODL coin back

in the day than mine. But on the other hand, the physical item, the 25% off equipment depreciation, a business....the folk with more $$$ then

sense like I used to be, back in the day. Or institutional money may be more 'comfortable' with this as an option to get BTC/Crypto, then flat out buying BTC/Crypto.

Unsure, but I know back in 2013 when I 'drank the BTC kool-aid' ...I went frigging crazy on mining coins for fun and profit.

Maybe, its the same, only we are attracting new 'newbies' with deeper pockets and/or institutional $$$ to blow in the usual newbie optimistic way.

just saying

Brad

I have personally not thought about mining, Because in my opinion, mining is a very difficult thing for me who does not understand at all about how to do good mining, besides miners also require a lot of money, so, I personally better took alternatives such as being a hunter prize and also became a trader who in my opinion more quickly produces even on a small scale of profit.
but I am curious about the of mining sites that currently offer a lot of benefits, but must make a BTC deposit in a certain amount, is it really paying and is it worth trying?

maybe your place can be profitable if calculated with operational costs with income in mining is different from my place maybe operational costs are not comparable with the results obtained by mining investment and maybe in my country mining is not so desirable and they tend to trade or participate in campaigns to follow bounties and benefit

   You are talking about cloud mining services, right? I never invested my Bitcoins in some of those sites, and there are many
of them. Warnings about them can be seen everywhere around, and I decided to not risk with them.
   From the ones that scam you for your money, to the ones that give you some little amount from time to time, I never heard
anything positive about cloud mining services. Chances are that you will lose all your money or you will get something minimal in
return. I will not risk with these services, ever!

A lot of my friends tell me the same thing, but for now I don’t trust mining, if the rate collapses, all mining goes into minus, in which case isn’t it easier to just buy cryptocurrency on the sly and this can give more than investment in mining now.

Yes this is not the right time for mining as the market is still volatile and we might up spending more money on mining than profit.  I am not spreading FUD but it has never worked for me and I have incurred huge loss because of mining and I would never suggest mining to anyone because it's not for individuals unless we have a mining farm and cheap electricity.

Also consider that it will get smaller after the halving which means if you can afford the cost of mining now and hodl , it will be profitable in few month if you dont sell off like most miners do. How many altcoins are profitable as bitcoin? more focus are not going into coin which are mainly for trade/ exchange.

That's right, because some people I met on this forum advised me to invest in cloud services like you said, but I don't want to invest before getting really accurate information about it, I think what their say is far from logic, because only by investing some funds we can get income for several years without the need to work.
If indeed such a reality would certainly be a lot of rich people on this earth. ;D

Gone are the days where you would be profitable on mining btc with GPU.Technically its possible but profitability? Its far from reality.
Getting back to mining would always depend on your own discretion but you should always reconsider out things like profitability and if you do see
that its useless to do so then why would bother to continue? If you are doing it just for a hobby then go on but for money making then better just
simply buy bitcoin and top alts then hold for long term which is more practical to do so.

I think bitcoin mining is only worth when the price of bitcoin reach 30k USD or more. After the halving the difficulty of bitcoin mining would be higher and i think if the price of bitcoin is still under 20k, no one will mine them anymore and moving to any other alts to grow. But i'm sure the demand of bitcoins will increase the moment after the halving and we have to prepare for that time by buying btc as much as we can

The hashrate on Litecoin has dropped dramatically. So if you want to merge mine both Litecoin and Dogecoin, and you have a space ASIC, then now might be the moment to give it a try again.

You can do it through a mining pool like Pro-Hashing.

Sometimes I got confused with miners use of profit, they complained on profit when it was $1000+ at 2017 long after the halving, they are still complaining of profit at $9000 when they mine the same quantity in a day, maybe we have more miner or cost of electricity had increased in the same margin

it desnt mean hard, but we need more effort to understand it.
everything can be learned if we want, just give more effort to do.

Do you mean cloud mining? as far i know, most of cloud mining is going to be scam
so you must be aware of them and not worth to try

maybe your friends never try to create such an accurate calculation about the profitability of mining. The profitability can be achieved when you are using asic mining right now.
Remember about the profit margin that comes from bitcoin mining is not so much. If you are a small miner and buy should be the best choice for you. ROI becomes a problem in mining.

Mining is one kinda of investment so that definitely you have to cost for the mining instrument. Yeah, all of those components are very expensive but it’s risk free and how much you will be get profit it’s totally depend on your instruments capability. Trading is another purposes and here a lot of risk and instantly profit isn’t easy job for everyone in daily trading.                       

mining is more suitable for long-term buddy. don't count it for the price of the coins you are mining now. although the price of mining equipment is expensive but you can see that in the past few years miners have benefited when they are in a good market which makes their mining coins have a high price increase. whereas if they counted at that time it would not be enough but they still do it because of confidence for the future.

If you've seen the improvement on the altcoin's price and it might have awaken your spirit to start mining again. You are already fearing to miss out the opportunity to gain much sooner or later that's why you are trying to catch up on the race. If you do, you are really doing things right because we are all having a feeling that later on, bitcoin's price will go up high again and everyone will surely gain much benefit from it. Keep on mining and make sure you are being productive every second of your life to have the chance to ride on bitcoin as it goes to the moon once again!

It is a good idea to start mining bitcoin if you have a bitcoin mining hardware. there no reason to lock off your bitcoin miner in the room since the bitcoin price is halving. You can mine bitcoin and HODL it for long-term maybe the bitcoin price will recover to $20,000 sooner than we think or even $30,000 as you said it yourself. I believe bitcoin mining is worth doing if you have the right tools and hardware.

i dont really think that mining is a good idea...
not in my country anyway.
i found it better to buy/earn my crypto instead of mine it
when i tried to mine i had so many problems with that, that it wasn't worth the time - not talkinga bout the electricity prices

it's still the same as before, thinking that there are electricity costs to pay, rig maintenance, and other important things that need to be estimated. if you don't feel that it's important, I recommend getting mining again. Even though all decisions are in your hands, I want to make you aware that information about the price of bitcoin and altcoin will go up It is only speculation based on evidence of halving that occurred in previous years. if you also have the same beliefs as us, of course, re-mining is a good idea.

we are here to earn money, no matter way how we get it. there is mining, buying, faucet, bounty, etc
there are people who still mining prove that it is still profitable. of course we must have strategy to do it
i must admit that buying is easier, but it doesnt mean that mining is bad

For mining, we need to spend lots of money in the initial stages, we have to spend a lot of money on electricity bills, sometimes it will take more than 4 months to mature the coins. So mining is not suggestible at these conditions, so it is good to purchase the coins and start staking them in the wallets and it won't charge anything.

why would you need to spend a lot of coins ? when you only need to buy is a mining hardware or a gpu/cpu  . you can also use your own gadgets that you have right now to mine a coin so that you will only need to pay for the electricity and the bills of your electricity will also depend on your country because some countries do only have an inexpensive electric rates   . you need to know if your one of those country so that you can take advantage of it   .

The present market situation isn't that supportive for a bigger profit for mining. Right now countries of very minimal electricity consumption charge and regions where the climate condition is supportive for free air conditioning seems profiting. Same as that of power required for mining there is requirement of power for air conditioning. So when there isn't no need for air conditioning this will profit in electricity required.

The main obstacle of mining is clearly a capable device, if from the beginning to do mining, it is clearly not recommended with the current bad situation. but if you just continue there is no problem, it may be constrained by expensive electricity costs and income only for electricity and maintenance.

We are spending money to setup the mining rigs which means we are buying something physical,in case if the coin we mined lost its value completely still the things we used to mine has the resale value so we are not in complete loss.Mining may not be profitable for someone who is interested in short term its more likely long term investment and the profits will be based on which coin we are mining.

The problem always is on the maintenance cost, profitability, difficulty and there might be a technical problem that has already faced by the miners. I have stopped to mine crypto since last year considers the difficulty increase brings me to the mining crypto to get loss only. Maybe your main problem is about ROI but remembers about your time will worth when you are a big miner who has so many hash rate in the network and you can earn a huge profit.

If you are planning to make a profit through mining then it is not possible, if you are getting low electricity and cheap machines then you can try that but that does not mean that you will get a big profit as the competition is really high and what ever coins are available that have a good market cap then you will find a much bigger hash rate, so always go for investment in the coins directly than spending time mining.

You need to research well if you plan to stake instead of setting up your rig and invest with mining. A good idea if you have a good background knowledge with your selected project/coin. You are doing two things, staking and waiting for the rewards and storing the coin for the future bull
so you can have a much better value and enjoy both earnings. Do lots of research and pick the right staking project that you can afford to invest your money.

interesting idea, just a little advice is certainly better if you mine some newly launched altcoins, at least it's easier to get more altcoins at the start of the launch usually the amount of block reward income is a bit bigger

If you have to mine an old altcoin it seems like you have to see a high amount of diff will make it harder to get more supplies because the amount of block rewards is also small, sometimes people are more likely to buy on the trading site than to get it from mining

I think you can calculate it in your own, list down how much possible cost if you run a mining and how for how much return you may get. Because you will only run a mining or do mining again if you know that you will going to earn from it, am i right? Especially the electricity costs where my friends stops mining it is not that profitable until this days.

Well, we all pretty much knew that home mining was dead. Here is an article stating such.

Indeed, it could be stated that anything above 6c kWh electric and a big mining farm (with equipment other than Bitmain L3+'s and Bitmain S9's that are the end of life,

I know a LOT of big data halls with these as the majority of units) with NEW equipment. Perhaps that is why we are seeing the massive rush of huge farms, as the

last nail in the coffin for folks who can't dump 100's of thousands into the latest ASIC equipment. Anyway, for the price of the ASIC equipment and the price of BTC/Crypto,

and the somewhat impossible difficulty that will result fromt these huge miner farms springing up worldwide..well, again, I don't get it.

On the other hand maybe 'big money' and 'big institutional money' are getting into BTC/Crypto in the same manner that the big bulk of newbies got into BTC in 2013.

As a newbie, the thought of 'buying' BTC and hodl'ing was scary as f*ck. But dumping $5,131.80 on a KNC Jupiter Bitcoin Miner, that arrived in s 'soggy' rain-soaked box,

full of 1/2 glass of water, and had NO power switch! (I had to call you had to use a paper clip on specific pinouts on the PSU to start it up..gasp!...damn, such a newb I was!

So maybe this all makes sense if institutional money is coming into BTC/Crypto and it is an easier sell with tangible equipment and equipment deductions etc.

Just because the current round of BTC/Crypto Mining, with big money, seems 'odd' to me, does not mean, even with deeper pockets the money coming in is just

as clueless as to the newbie money we all spent on BTC/Crypto, as newbs, back in the day. So hell, maybe this is a good sign? Just newbs, as usual, getting into mining

with more money, than sense...it all seems so familiar. :)

link:

https://cointelegraph.com/news/btc-miners-no-more-basement-rigs-greater-profits-to-come (https://cointelegraph.com/news/btc-miners-no-more-basement-rigs-greater-profits-to-come)

later

Brad

I may experiment with a little Monero mining after they switch to a more CPU friendly algo, but that's all.

Decided for me that ASIC games are not for me. I don't know how regular people, paying regular electricity costs, still manage to compete with the big farms...

The only way I may get ONE more HOBBY miner, at the data hall and at 10c kWh is:

1) if Tariff goes away in the USA

2) if I find I can't seem to pace myself to BUY BTC now and continue to fritter $$$ away, in that case, I should get a BTC miner to at least force myself

     to set some $$$ aside into BTC, even though that is the 'wimp' way out. I should just buy BTC monthly with cash, but I never seem to do so. So I

      could snap and get another hobby miner, pay the electric in advance, just to MAKE my frigging self put some BTC dust away yet!

3) This is the cowards (dumb ass) way to collect BTC/Crypto ..but you have to remember it is NOT so much that you have BTC/Crypto if you believe in BTC/Crypto

and things progress as they have in the past, and you don't continue to accumulate and add to your hoard/hodl, well then, even a half-assed way of mining BTC

with an overpriced miner WILL make you feel a lot better, then doing nothing for accumulation now. Just saying, if I seem to be blowing cash like a drunken sailor

anyway maybe a dubious miner is not all that bad to make myself put some BTC/Crypto away. Again, if I believe BTC/Crypto will eventually go back to the ATH's.

But it has been months since I bought BTC/Cyrpto of any note. So hell, one thing about ASIC mining you paid to play and paid the data hall thug each month or

you could not mine anymore....so as a way to have a MINDER to put some coin away, I need to step it up and buy on a regular basis or just put myself in a hole

and get an ASIC and mine. One thing for sure either method to get coin, I never seem to have the $$$ I started the year with at the end of the year anyway. I do

seem to keep the BTC I get in that time period though..so go figure.

(man, I really need to man up and just buy some each month...but so many other toys and so little time) :)

later

Brad

If I already have the GPU mining equipment, I would definitely start looking for coins with a potential to spring rally. And there are over 3,000 coins to choose from.

But if you don't have the equipment, just buy the damm altcoins.

mining needs lot of requirements such as electricity cost, mining equipment and maintenance cost cuz if it costs you too much money and too expensive it's not looking alright for you to start money and also newer altcoins are not supporting mining anymore and top coins like btc and eth would reward you a dust because of the difficulty.

not as difficult as you think. mining must be oriented towards long-term investment. and predict assets that can truly develop in the future. if the time of decline is going to be bad, but if in market conditions go up big profits can be obtained by miners. clear planning must be right and patience you should not forget.

It's still not worth except the bitcoin price is more than 15k USD, but if you have confidence that bitcoin price will boom in the future and make mining as your investment i think it's worth to try. Because next year bitcoin's block halving will make the miners harder to get bitcoins and i think if the price is not more than 20k mining is no more recommended

I dont know if a person can afford to do a mining now, with this current market condition it is not worth it to spend money to buy units and sustain it with the payment for electricity even you are living in a country with the cheapest rate for the electricity. The time frame for a miner to make profit will be longer than before or there is a huge chance that they will give up mining before they will gain profit.

maybe he could get ROI if he could choose the right altcoin and there is a strong potential for the price to go up. (if he wants to change his mining options)
So ya, i guess (not worth anymore) if he still wants to mining bitcoin, surely he will lose everything.

In my opinion, mining these days is not a profitable option for any beginner, the costs of electricity could be higher than the money invested in equipment. Seems like buying Bitcoin or other stable altcoins directly would be a better option.

I think we as small miners we not have chance to get into mining with these low prices, and electricity cost, but maybe we can try at risk to mine now and get more profit if hold but is a high risk.

yep I agree with your opinion that mining is not difficult, yes it is not difficult especially nowadays there are all good tutorials, tools and other needs. But still it all costs which costs are not small, it is very responsibility if we are mining with only a few units. While crypto for now and maybe in the future competition will be even tougher with the emergence of new breakthroughs from the crypto-loving communities, IEO, new exchangers, all of which offer lucrative profitable opportunities. Therefore most users now choose to leave mining, they sell these tools and make the results as capital to trade crypto.

With a powerful computer, you can mine some tokens without this equipment, but I am not sure that the game is worth the candle. For me, now, it is easier to invest in a variety of altcoins, make a diverse portfolio and make money on trading. Mining does not bring too much until you have a huge mining factory.

equiment is easy to buy, just spend money to buy it.

but the real question is what mining is profitable again? bcz we all know that difficuly increase as time goes by, cost electricity, ect
it has high difficulty now and what it is suitable with cost spended?

---

to me, if just using low mining rig, it would lose.

The only process I would buy miners would be the following:

1) If the 25% USA Tariff goes away.

2) I SHOULD be accumulating BTC/Crypto. I don't seem to get around to doing what I should and just BUYING the damn stuff. Thus I am NOT accumulating

at this point in time, and if I really have drunk the kool-aid and Bitcoin will repeat to its ATH, well, I'm just screwing myself over by having no damn structure

and discipline to just set some $$$ aside before I whimsically blow it on something else. I've been down this path before, been in BTC/Crypto since 2013. So I

know what I should do, don't seem to do so.

So, being that spineless and letting 'probably' low prices BTC/Crypto 'slip' through my fingers and 'regretting' such 'massively' a year o so down the road.

(been there done that, at least 2x since 2013).

I COULD if the condition number (1) went away above, the 25% tariff, just break down and BUY a damn miner on the hope it will ROI, and just pay for the electric

for say 6 months in advance..and even if I'm dead wrong and I lose 25% vs buying the BTC/Crypto...AT LEAST I'D BE ACCUMULATING BTC/CRYPTO AT THESE 2019

PRICE LEVELS.

So what would be 'expensive' in accumulation now in buying a miner and electric (no tariff of 25%) now AT A LOSS, if BTC/Crypto survives in the 5-year future as

we all hope, and I overpaid NOW by 25% what the F*ck diference will it make, in that, I added to the hoard, now, rather then, massive regrets in 5-years on my spineless not having cash

month to month due to frivolous buys of capitalistic junk, I seem to blow through each month and then go 'damn' I should have cut back on the toys and shoulda/coulda bought the coin.

So again, pretty desperate actions, but have to get some disipline and buy some damn coin month to month or I''m just gonna get a BTC Miner 'toy' and it can be with

all the other dubious regrets I have on where my $$$ go. BUT DAMN, AT LEAST I'D GET SOME BTC/CRYPTO OUT OF THE DAMN THING!

(RANT: needed to get my ass in gear and buy BTC/crypto month to month..damn it.been sliding and not accumulating all year....wuss that I am)

Anyway, questionable choices on purchasing such a miner above, but at least I'd not be bitching about my lack of accumulation 'dumb' method though it may be.

sheesh...I have to step it up and just buy it! :)

later

brad