I just don't see new gpu's being a reason for a jump in difficulty. Price and performance is going to prevent them from being mass bought for the sole purpose of mining. Maybe I'm wrong, but I won't be buying any.
there are many idiots out there hehe, imagine one rtx 2xxx for each idiot, reminds me of some idiots were planning to buy a 32 cores cpu to mine just like many bought titans v at $3000 to mine. Buying a $3000 worth TITAN V is the best example of a mining idiot who doesn't deserve to ROI. I don't really understand the logic behind why people buy those but i'm guessing they already have a lot of money to begin with. People with less money rarely have the luxury of making stupid decisions like that. If i had a lot of money, i'd have rather spent it wisely or donated it to charity.  Right on the spot, mining has to be as efficient as it could be , cheapest and reliable parts, which will give you the best prices per hash and best hash per power. This is the only way to make good profit in mining |
|
|
|
I think it's good time to buy GPUs. Prices have dropped down to reasonable levels.
When crypto prices go up again, so will GPU prices. You need to get in before the herd.
Agreed same investment , crypto and GPU goes hand to hand! |
|
|
|
Once you have coins in hand you know exactly what your break even point is - the price at which you bought in at plus exchange fees. People who bought ETH last year at $300 should have sensibly sold some (if not all) at $1200 to $1500. Once simple click would have resulted in 5x fiat profit, and should they like - they could always rebuy the ETH now and get 5x as much.
Of course this is all hindsight - but it does show the dichotomy - the strengths and weaknesses of both. If you had lots of capitol and were willing to take 100% loss people should have bought coins and not mining eq. If they wanted to just put 1 foot in the crypto ocean - they build rigs.
Here's hindsight - ETH had fallen all the way to $10, even $7 during last January when DASH starting during it's insane rise. Nobody wanted ETH (well except the believers - Polo trollbox chat showed this). If you bought then you would be up 30x from just holding 6 months longer than somebody buying in July. That's why it makes sense to look at the big picture.
ETH is the perfect of example of a coin that you shouldn't have mined (even though I did). If you bought the coin at launch is was sub 1 penny. You could never mine as much ETH with a single RX 480 going full tilt to today as if you had spent all the money on the coin at ICO.
So - if you expect the coin to fail mine it. If you expect it to succeed buy it (at least well timed buys - doesn't take a genius to not buy ETH at 1500 or BTC at 20K+).
Miners really should spend time reading the speculation and investing parts of this forum. Sticking your head into the mining forums 12 hours a day seeing if they can eek out 1 more sol out of 1060 by changing drivers or tweaking with settings are missing the forest through the trees.
Buying eth at ICO is the best case scenario. But if you missed the ICO? what then? A 200 $ rx480 bought in the summer of 2016 has mined a shitload of eth and on top of that it gives you other opportunities. In the end it comes down to individual preferences, some people mine other people trade. OK, forget ICO. Let's pick Jan 1st 2017. You could have bought about 30 ETH for the price of a RX 480. Even with cheap 0.05cent power you still come out ahead by buying because ETH was successful. Its fiat price accelerated faster than miner could accumulate it. BTCYou would need to look at a coin like LTC which mooned in 2014, crashed severely, then mooned again, then crashed again - there the fiat gains are less than what would one would have accrued from mining. But the whole ASIC thing throws monkey wrenches into the prediction. Basically you would need to mine a coin that other people have given up on or had not taken interest in for you to come out ahead in the long run. In narrow windows like 3 months or 6 months it can go either way. Eth bottomed at 6 $ in jan'17, then an RX card made a bit over 1$ if I remember correctly, good times in hindsight. Having gpus also gives some opportunities straight buying coins doesn't. Anyone who mined Ravencoin when it launched with the buggy gpu miner (network hashrate was around 600Mh-1.5Ghs) ROI'd their rigs in a few days. Those opportunities are few and extinct in this bearmarket now. I also crypto has a bit of an identity crisis right now. Tons of people got in in december, but for all the wrong reasons, now their main incentive(when moon?) is gone. I still belive eth will make a rebound some time.At the current price most miners have to sell a large chunk of their eth to pay for expenses, this only sends the eth supply in the hands of the few who are buying.. Who is buying? There is no doubt that mining is much more profitable then buying crypto. Well at least these 3 years since im mining. Sure it is slower process then buying , also you have to look after your farm and spend time on it. Im just saying this cause i actually have mined more coins then i actually would buy them in last 3 years with my farm. Only smart investors buys at these prices, "dumb" investors waits, and when they will see crypto pumping they will buy. Its human nature Greed $$$  |
|
|
|
FPGA's boost in hashrate is relatively low than what ASIC's are capable of. With new GPU's coming out this september, we would see another hashrate jump again.
Depends on how they hash. They are priced too high for gamers, and hash too slow ( estimated ) for miners. That would be like saying the Nvidia Titan V was going to be a threat to other miners. Yes it hashes faster but price/performance ratio is way too high. The 2080 Ti will have the same problem. The only place it could be competitive is with Ethereum due to the GDDR6 Memory, but even then used 1080 Ti still beats it. We will have to wait til AMD comes out with their Next Gen GPUs before anything will change in mining. Yes FPGAS seems quite pricey for the hash they give, if someone has fre power better to stick with gpus. The power saving is massive on them , as it means you can mine the coins even then when it is not profitable to mine with gpu and get back your ROI. |
|
|
|
I read that post that you're referring to. The problem is that you are either denying or not acknowledging the lost of opportunity. Mining is a hedge against a coin failing. Essentially you can say that can sell the equipment (well GPUs anyway) for nearly purchase price in the event of a coin failing. On the contrarian position - somebody who buys the coin doesn't have to sit there everyday to make sure stupid Win 10 update hasn't taken a miner offline or that the pool you're mining at is skimming of the top or even worse running away with your crypto. The person who bought it can spend the time saved earning more money to pay for the gamble or has the chance to exit quickly if they need to.
Once you have coins in hand you know exactly what your break even point is - the price at which you bought in at plus exchange fees. People who bought ETH last year at $300 should have sensibly sold some (if not all) at $1200 to $1500. Once simple click would have resulted in 5x fiat profit, and should they like - they could always rebuy the ETH now and get 5x as much.
Of course this is all hindsight - but it does show the dichotomy - the strengths and weaknesses of both. If you had lots of capitol and were willing to take 100% loss people should have bought coins and not mining eq. If they wanted to just put 1 foot in the crypto ocean - they build rigs.
Here's hindsight - ETH had fallen all the way to $10, even $7 during last January when DASH starting during it's insane rise. Nobody wanted ETH (well except the believers - Polo trollbox chat showed this). If you bought then you would be up 30x from just holding 6 months longer than somebody buying in July. That's why it makes sense to look at the big picture.
ETH is the perfect of example of a coin that you shouldn't have mined (even though I did). If you bought the coin at launch is was sub 1 penny. You could never mine as much ETH with a single RX 480 going full tilt to today as if you had spent all the money on the coin at ICO.
So - if you expect the coin to fail mine it. If you expect it to succeed buy it (at least well timed buys - doesn't take a genius to not buy ETH at 1500 or BTC at 20K+).
Miners really should spend time reading the speculation and investing parts of this forum. Sticking your head into the mining forums 12 hours a day seeing if they can eek out 1 more sol out of 1060 by changing drivers or tweaking with settings are missing the forest through the trees.
Bitcoin sat dead after hitting $1200 for 4 years with most of the world saying it was dead. It dropped from $1200 to $100. With all that idiotic ICO money thrown at scams last year, the ETH demand is just going to keep going down - it's a race to the bottom.... until some major trigger.
Buying coins vs buying hardware is a debate as old as the moon. I have never bought a single coin with my money. I only bought hardware. Sure, would I have bought ETH at 20$ instead of an entire rig that, before the ice-age, would have brought in like 0.5 ETH a day, I'd still be up 1000% today. But what you are forgetting in you analysis, is that in contrary to coins/tokens, hardware like GPU is something tangible. People are much more likely to be ok to fork out 300$ for a GPU they can hold in their hands than some coins they can never actually touch or hold. you can't deny that cryptos, all of them, are still a very risky venture. Even ETH at 200$ is still risky. Hardware on the other hand has a value depreciation you can estimate pretty easily over a period of time. Hell I'm sure I could sell mine easily for a 100$ today while they will have paid for themselves numerous times. Also not everyone is a trader and not everyone has a capacity to evaluate a good entry position (or exit position). Trading is not idiot-proof, far from that. I'm not forgetting it in my analysis. Read the previous post I made. I said if a person enjoys watching the fans spin and is genuinely entertained by mining well then more power to him/her. You can't buy happiness, but you can buy enjoyment by subsidizing bad mining practices  I'm not here to take away anybody's enjoyment, but if you are in mining to make money it does not make sense to mine during a loss period. Again please refer to my previous post where I said mining equipment is used a hedge against a coin's failure. You should mine coins that you think will fail. The ones you genuinely believe in you should buy because you're not going to let some market manipulation dissuade you from being part of it. I've been mining since 2011. I'm old as dirt compared to most of you. I once had a farm that approached 0.5% of the BTC network when BTC was "dying". I know how much fun and headache mining can be. BUT... almost every mistake I've made so far can be attributed to emotional reactions and deviating from my plan I set forth. Crypto miners need to think with their heads and not their hearts for maximal profits. I agree with most of your points, and even the buying coins not mining coins part - to some extent. Mining is more like financial planners tell you to do, dollar averaging in your investment. You never know what will happen to the market, and at what point in a cycle we currently at. What if the market is slowly dropping for 2-3 more years, and after that back to bull market. You will be hodling a large bag if you sell your equipment now and buy coin directly, you would be better off to buy it next year, or 2020? This is how dollar averaging works better for market fluctuation. But of course if you see the market recovering very shortly you should sell all your rigs and buy coins right now. Anyhow mining with loss is always a dumb choice, unless the guy enjoy happiness from it like you said. Mining is built in such way that if you do have one of the cheapest power and equipment prices, you'll always be winner. Cause if like you referring to switch off mining rigs network difficulty drops and you get more coins. Of course if you like mining shitcoins, they could never recover. The same thing are for the miners if you have bought miners year ago you could sell your profit at 1200-1500 . It all about making right decisions in right time. Look at for example ethereum network hashrate, it hast dropped even the coin has dropted even more then 5x , so many people are mining still at loos. There is plenty of reasons why we could debate about what people calls mining at loss , same for traders can make a bad deal. Buying coin at 300 selling at 500 , then pannicing seeing the price at 800 and buying back in and then price drops back to 300 in you are in loos now. |
|
|
|
I am not a professional miner, I just want to learn how to do it, to mine bitcoin. I was wondering when it was best to buy mining equipment. Perhaps now the bottom of bitcoin and the best time to buy equipment, is it?
yep you bet, this is one of the best time to buy a rig its logical that price would be at its lowest in bear market as its also low on demands due to mining profitability however, this threads are for GPU's Bitcoin is for ASICs Monero networkis quite big also , you never now there might come another pow coin which would clime up in marketcap and would be profitable to mine. And there is couple on the line gpu minable coins which are close to 1bilj marketcap which mainets havent been launched yet. Yes Casper will be delayed, maybe till at least end 2019 , there is a lot second layer solutions built on Ethereum. There is fork incoming before end of October, which also might reduce block reward from 3eth to 2 or even 1 eth..... So hold tight Right now would be great but once ether goes pos what do you mine? When and if pos goes into effect all the ether hashing power is going to go to the other coins and make them all unprofitable. I'd love to build more rigs but I can't convince myself their are going to be other coins worth mining. Isn't Casper being delayed for two years, maybe a little less? Sometime in 2020? |
|
|
|
If you spent $5 on electricity but only get $3 of XMR you're losing $2 of XMR you could have bought on an exchange. That's is completely irrespective of owning a miner or not.
...
If your goal is to make fiat money from crypto conversion, then it never makes sense to mine at a loss. NEVER.
I see your point and it is logically valid. Howerver, mining is almost never irrespective of owning a miner or not. It does make sense to simply buy from an exchange, but you may not be considering the factor that people who already have a miner, are already too invested to accept that they have lost. People who are mining at a loss are probably still in denial or are too lazy or passive to realize that they need to sell their equipment. I made a long post in another thread somewhere a year ago about how mining only pays off in the long run (ie 2-5 year span) if the coin is expected to be a failure. If you expect the coin to succeed - you should always buy the coin outright at the start. Buying the coin gives you the opportunity to sell in the event that you need the money (like lots of noobs panicking here because they put liens on their cars or houses to pay for mining equipment). You also tend to get more coins that had you mined. People who already have a miner - well owning a miner doesn't mean you should compound your mistake by mining at a loss. Again these idiots lack critical thinking skills. They think by not using the miner they're letting the miner go to waste. But again, refer the the example I gave - why only get $3 of coin with $5 of electricity. Only reason would be to support the coin or for people who can't buy off an exchange or people who want to hide their coins. People sitting on underwater hardware need to decide whether to sell or hold onto the hardware. If they sell they can buy the coins with the proceeds. If they sit on the hardware maybe they can use it again later when mining is profitable. That's the only choice. It never makes sense to mine at a loss to fiat. But people chasing money out of greed (instead of a desire to improve themselves through learning and the experience of mining) will do what all the other sheep do and keep on mining. I am a physician and I see everyday the stupid stuff humans do to their body after being told repeatedly not to do destructive behavior. I sold my Antminer S3s a few years back after I actually made more in BTC than the miners costs at the time of purchase (yeah Bitmain doesn't do that anymore - that's why they are pretty much crooks in my book). I might have only got a hundred for each one, but I bought BTC with those proceeds and got more BTC than the person mining it could ever mine to this day. Sure the person who bought them saw BTC rise to $22k from the $150 or so BTC was back then and he did well - but I did much better by putting my money into the coins. If you have a decent job I would just try to focus on selling all unnecessary "junk" or working overtime and just buying the coin you want. I think prices will continue to go down or sideways for another year - this is 2014 all over again. But you can't time the market unless you make the market like Roger Ver. It is all about making the right decisions. I did a detail calculation few comments ago that it was actually more profitable to buy mining rig year ago then buy eth and hodl , you would mined 10 eth in one year with one mining rig 3k worth, where is you have bought it at this stage you would actually lost. Ofcourse if you keep mining and crypto never recovers you would be in loos, same as if you buy coin now every day if your rig is switched off. So think there is no point of switching off if you want to accumulate more coins. Because if you have electricity at decent price under 10c per KWH , coin cannot go much under production cost, none wants to sell their coins at loos. Only bunch of scared noobs. If no miner sells coins there is no inflation. Its simple ecanomics , now there is demand less then there is supply. If the supply decreases , price starts to grow. |
|
|
|
mining ETH is just unprofitable right now. Most of the people are actually mining at a loss, and have been doing it for quite a long time now.
Reality is people are blind, deaf , stupid , greedy and with plenty of FAITH with no reason.
Many people are still mining because THEY THINK this situation will not last longer. Reality is this situation is going to extend probably months and the market will never ever recover, specially if , as it has been said , SEC will Deny the activity of ETF
Not only this. Even if this situation is being UNPROFITABLE, it's still doable if you mine with ASIC and that shit, because even at current prices, Network hashrate is increasing. I don't see people investing thousands of dollars on mining ETH just for 10-15$ per month of profit. it makes no fucking sense at all.
So, low prices + market destroyed + increase in hashrate, this can be only due to ASICS, that they can get more profit due to more hashrate at more electricity efficiency.
The more the hashrate goes Up, the less profit you get. I will not tell you what to do, but to continue mining is just a very bad decision, and you´ll be penalized for it. Hope so. Some people deserve to learn it the hardest way possible.
If you don't believe in cryptocurrency, why are you still here? Lol. Go play water polo or something. I think this situation will last longer. I think it's very possible for us to continue moving sideways into next summer. I also think there is a possibility that we could reach a bottom in Oct/Nov and begin to consolidate. A bitcoin etf in the usa will eventually happen. I don't see it happening this year, but I believe it will happen. Better question is will a physical backed bitcoin etf get pushed though? Just an FYI, the SEC never said they plan to deny any and all crypto etf proposals. I know you don't understand how this process works, but stop spreading mis-information. You're pretty salty today. How much $ have you lost? @gotminer, i bet he still is very new into mining and have bought the hardware at January at premium and panicking now. I do prefer the value of coins would stay down, so i can accumulate more of them  Im mining since early 2016 and have been trough 3 such cycles when mining isnt profitable. Lower the price will be less the coins will be sold in market, smaller the inflation. Eventually it will bounce back, we are still very new, there is only about 30milj bitcoin wallets created + maybe about another 10milj who uses excahnges. This still looks very small for 7bilj people. p.s even some of them has 2 or 3 or 10 wallets |
|
|
|
I am not a professional miner, I just want to learn how to do it, to mine bitcoin. I was wondering when it was best to buy mining equipment. Perhaps now the bottom of bitcoin and the best time to buy equipment, is it?
yep you bet, this is one of the best time to buy a rig its logical that price would be at its lowest in bear market as its also low on demands due to mining profitability however, this threads are for GPU's Bitcoin is for ASICs Monero networkis quite big also , you never now there might come another pow coin which would clime up in marketcap and would be profitable to mine. And there is couple on the line gpu minable coins which are close to 1bilj marketcap which mainets havent been launched yet. Right now would be great but once ether goes pos what do you mine? When and if pos goes into effect all the ether hashing power is going to go to the other coins and make them all unprofitable. I'd love to build more rigs but I can't convince myself their are going to be other coins worth mining. |
|
|
|
I wounder how many people actually do exchange their coins as they have mined ?  |
|
|
|
I am not a professional miner, I just want to learn how to do it, to mine bitcoin. I was wondering when it was best to buy mining equipment. Perhaps now the bottom of bitcoin and the best time to buy equipment, is it?
Yes buying mining equipment is the same as you buy currency for trading. Buy low sell high. When not so profitable to mine , equipment will be much cheaper. |
|
|
|
oh very hard question, some miner believe to tomorow days and can mine in non profitable points when electricity cost higher then income
The thing that is idiotic - why would you spend $5 of electricity mining to effectively buy $3 of coin everyday with a mining rig. Stop the miner and spend the $5 to buy $5 of coin on an exchange. Because you've already invested money in hardware and don't want to sell it at a loss. Why not do both? Not having all of your eggs in one basket is nice. Mathematically that doesn't make sense. If the coin never rebounds, you're just losing money. I shut mine off when it's been in the negative for more than a couple days. In winter, though, totally different story, as I heat my house with them. Sure, you have to believe that the coin will rebound. Or just trade it for bitcoin now and wait several years (hoping that the value of btc will be much much higher). Totally agree , there is no point shunting down the miners till the coin doesn't go to zero, which dont think is going to happen if you are mining top 10 coins by market cap. They will be trade and manipulated as they reached some very oversold values. Only if they doesnt get hacked or something. Well, no, again mathematically it makes a bunch of sense. If you are willing to buy coins daily, it is absolutely more profitable to turn off your miner when it costs more to run than it earns and to spend that money on the coin (or whatever coin you trade for). If you have free electricity, then yeah, zero is the only point where it makes no sense to run, but for the rest of us... Well, people don't apply mathematics before making such decision. From their perspective - Why to leave the hardware unused. Unless someone's electricity cost is over hundreds of dollars, it can be seen as just a monthly expense and the mining rewards seen as income. That can be the only reason why people will continue mining rather than applying common sense and buy coins worth their average mining electricity expense daily. Yes and specially if you dont own big mining farm and dont have high power costs. Like most of the miners who mine from home, doesnt exchange their coins for years. And are gambling and waiting for those big gains. |
|
|
|
Prices is coming down indeed. Im mining altcoins for its 3rd year now, and have made the most profit when it is unprofitable to mine in bear market. This means the difficulty doesnt increase as fast or is decreasing. I do prefer mining then investing in coins. Lets take an example why : 1.You have invested in 10 ether 1 year ago and bought the coin at 300 usd (total value 3000 usd) https://coinmarketcap.com/currencies/ethereum/historical-data/?start=20170820&end=20170820 and still haven't sold by today, so it means in 1 year you haven't gained anything. 2.you have bought a ethereum mining rig https://mineshop.eu/ethereum-miner/ethereum-miner-eth-gpu-mining-amd-rx470/ for the same amount of money you have invested in ethereum year ago by now you would have mined about 10eth , power cost for one year mining at 0.13c which is about average worldwide would use about 900usd in power costs. If the results will be the same moving forward then there is no doubt to mine the currency is more profitable them buy it, if you have bought the coins you have no made any profit. But if you have mined coins you have made profit 10eth + you still own mining equipment which you can use for coin mining if you look well after mining rig. I have mining rigs which are mining for its 3rd year now and there is no issues with them. Also they still have resale value, or you can use them for other stuff like gaming/rendering....etc But the of course there is a lot of risk and not always you would make more money mining, the secret is to choose right hardware. watch out you will have traders try to tell you different for what ever reason but i do agree an why i keep mining with GPU . after all we need miners with GPU CPU and ASIC to produce new coins that may come out or old coins or they can't trade unless it's a coin that can't be mind an those coins don't seem to last long , those coins are more scam like because no real hard work goes into making them. Yes of course there is another way of making money, by the way traders can trade mined coins also, so double the profit is they are so good at it |
|
|
|
Prices is coming down indeed. Im mining altcoins for its 3rd year now, and have made the most profit when it is unprofitable to mine in bear market. This means the difficulty doesnt increase as fast or is decreasing. I do prefer mining then investing in coins. Lets take an example why : 1.You have invested in 10 ether 1 year ago and bought the coin at 300 usd (total value 3000 usd) https://coinmarketcap.com/currencies/ethereum/historical-data/?start=20170820&end=20170820 and still haven't sold by today, so it means in 1 year you haven't gained anything. 2.you have bought a ethereum mining rig https://mineshop.eu/ethereum-miner/ethereum-miner-eth-gpu-mining-amd-rx470/ for the same amount of money you have invested in ethereum year ago by now you would have mined about 10eth , power cost for one year mining at 0.13c which is about average worldwide would use about 900usd in power costs. If the results will be the same moving forward then there is no doubt to mine the currency is more profitable them buy it, if you have bought the coins you have no made any profit. But if you have mined coins you have made profit 10eth + you still own mining equipment which you can use for coin mining if you look well after mining rig. I have mining rigs which are mining for its 3rd year now and there is no issues with them. Also they still have resale value, or you can use them for other stuff like gaming/rendering....etc But the of course there is a lot of risk and not always you would make more money mining, the secret is to choose right hardware. |
|
|
|
oh very hard question, some miner believe to tomorow days and can mine in non profitable points when electricity cost higher then income
The thing that is idiotic - why would you spend $5 of electricity mining to effectively buy $3 of coin everyday with a mining rig. Stop the miner and spend the $5 to buy $5 of coin on an exchange. Because you've already invested money in hardware and don't want to sell it at a loss. Why not do both? Not having all of your eggs in one basket is nice. Mathematically that doesn't make sense. If the coin never rebounds, you're just losing money. I shut mine off when it's been in the negative for more than a couple days. In winter, though, totally different story, as I heat my house with them. Sure, you have to believe that the coin will rebound. Or just trade it for bitcoin now and wait several years (hoping that the value of btc will be much much higher). Totally agree , there is no point shunting down the miners till the coin doesn't go to zero, which dont think is going to happen if you are mining top 10 coins by market cap. They will be trade and manipulated as they reached some very oversold values. Only if they doesnt get hacked or something. |
|
|
|
They must be more expensive then 1080 , probably at 1000-1300 euro range |
|
|
|
Long waited Hiveos 2.0 is released. As many as you have started to use lately HIVEos mining software, which seems to be very reliable. Seems like Hiveos developers isn’t sleeping and has released a new mining software panel upgrade, which comes with a lot of new features. And not only that , current features has improved also. New features added: 1.Most important update is auto fans, this is great feature, you can put the temperatures the gpus can reach to save the fan speed as much as you can. 2.Each user now can have multiple farms, and can even transfer them to different user. 3.Wallets (there are no more ewalls, dwalls, zwalls ) You just select the coin you want to mine. 4.Flight sheets ( made configuration almost every coin and mining pool) 5.Overclocking ( now it stores OC profile for each algorithm it uses )  BTCHave you tried it yet, whats your thoughts? |
|
|
|
They do come down very nicely I have my target price RX570-140euro:) Seen a post yesterday GTX2080 release date 20-30august. Wounder whats will be these priced |
|
|
|
Why to mine ethereum endless? Use nicehash and get profit in bitcoins, hold it. If you think that you'll continue to mine ethereum with hope of future rise, some people can't think to do following: visit to whattomine.com and choose most profitable coin. Mine this, then exchange them to ethereum and hold.
People will stop mining when it can't even cover electricity fees and they turn into negative. Also consider that some may still mine while they have money for miners to run, there are a lot of factors. Even if mining will turn into absolutely negative balance, there will be some people who will mine still just for no reason or etc.
I have been testing nicehash in past couple years ago and it didnt seem very profitable at that time, mining directly currency seemed more profitable and then if you want some bitcoin, just exchange mined coins to Bitcoin. Im not sure maybe this is changed now? As maybe couple years ago there was no big demand for nicehash and thats why profits wasnt that big. Have you checked which one is more profitable? |
|
|
|
|
Show Posts
