I know you're talking about profitability of mining in general, which will always decrease as total hashrate increases every day, but I just wanted to point out that CleverMining has outstanding profitability compared to other mining options.
Our last 5-day average profitability is 133.6% LTC and it seems that we will finish today with ~143% LTC profitability!
Our last 5-day average profitability is 133.6% LTC and it seems that we will finish today with ~143% LTC profitability!
More profitable means you're losing less money than someone just mining LTC. **shrug**
"Investing" in mining alt coins in the hope that they'll someday increase in value or that BTC value will increase to the point where it's actually a cash flow positive business strikes me as being a bit delusional. Look at the numbers and the trend. The value is slowly but surely approaching zero. The odds of those coins increasing in value to the point where you can recoup your mining costs are rather long unless you've been doing this for a pretty long time.
Best,