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Hi, I'm new around here but not new to coins and mining.
I'm mostly interested in seeing what people think the prediction for how to actually be profitable with crypto currencies.
Bitcoin has grown so difficult/expensive to mine and now the market is flooded with an endless supply of alt currencies.
It seems the trajectory went like this:
Bitcoin got too difficult to mine on GPU so ASIC became the way.
This also allowed for introduction of new alt coins as people wanted to get ROI on their old GPU miners.
Now even a basic ASIC setup is too expensive to really be viable for nearly anyone interested.
So now alt coins are like everywhere and a new one comes out every hour or something. It's pretty absurd.
Now with so many alt-coins, the hot thing is to run autoswitching pools and just always be mining the most valuable coin.
but what's next? Eventually, even that will not be profitable.
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