Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: MCcryptonia on March 04, 2021, 04:04:25 PM



Title: Missed this mining craze already
Post by: MCcryptonia on March 04, 2021, 04:04:25 PM
Hi guys, I'm just looking back in time though I'm not a time traveler lol, heard it's too late to start buying gpu for mining right now but assuming one did buy some 6 months ago they would have made their ROI back already? Cos 6months back gpu are still affordable correct? So how about waiting for bear market once again and be on look out for any new bull season? Probably few years later? God damn what was I doing all this time? 🤔


Title: Re: Missed this mining craze already
Post by: Daodex on March 04, 2021, 04:11:50 PM
Hahaha, what makes you think that eth will remain on PoW at that time? What makes you think that there will be other coins that will profitable as Ethereum was today? Remember, PoS algo is coming and even before that EIP1559 is another headache to be worried about


Title: Re: Missed this mining craze already
Post by: fmz89 on March 05, 2021, 12:01:55 PM
Hi guys, I'm just looking back in time though I'm not a time traveler lol, heard it's too late to start buying gpu for mining right now but assuming one did buy some 6 months ago they would have made their ROI back already? Cos 6months back gpu are still affordable correct? So how about waiting for bear market once again and be on look out for any new bull season? Probably few years later? God damn what was I doing all this time? 🤔
very well indeed  :D you missed the train, but train will stop in matters of months from now, better you buy gpus when thats happen, because the bull run will continue after that

so there is on chance to get in board at gpu price above 20-40% from msrp, you can buy second hand at panic seller happen


Title: Re: Missed this mining craze already
Post by: Ceyflix-Rez on March 06, 2021, 06:23:29 AM
Hi guys, I'm just looking back in time though I'm not a time traveler lol, heard it's too late to start buying gpu for mining right now but assuming one did buy some 6 months ago they would have made their ROI back already? Cos 6months back gpu are still affordable correct? So how about waiting for bear market once again and be on look out for any new bull season? Probably few years later? God damn what was I doing all this time? 🤔
very well indeed  :D you missed the train, but train will stop in matters of months from now, better you buy gpus when thats happen, because the bull run will continue after that

so there is on chance to get in board at gpu price above 20-40% from msrp, you can buy second hand at panic seller happen
You said the train will stop after few months from now and miners will start selling gpu, isn't that the right thing to do because EIP1559 is imminent in July of this year, even if bullrun make a comeback it's already over for gpu miners on ethereum part because mining reward will be lower


Title: Re: Missed this mining craze already
Post by: maXonja on March 06, 2021, 07:48:03 AM
So what? If the price follows we are ok
And if the bears come it doesn't matter, there won't be much to get from transaction fees