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1  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: When is good time to buy miners in bear market? on: October 24, 2022, 01:50:37 PM
Quote from: mindrust on October 24, 2022, 06:29:43 AM
Quote from: mattg_0320 on October 24, 2022, 04:48:13 AM
Hello guys.
Bought some btc miners(s19 95T) and gups in the last bull market before. Now it is relatively difficult to bring the return to capital in this bear market Cry. Maybe I should not have bought at high prices in the bull market before, so I think it is a reasonable choice to buy machines in the bear market instead, but what is the specific time for the relative price dip for the crypto miners? If it's the time, when there is no profit generated for the miners which is considered to be the current time period?

Always buy cheap sell high. That's the first rule of any trade.

If you think the miners are cheap now then it might be a good time to enter that business. However, miners are cheap for a reason: They ain't making money. If they printing money, nobody would sell them for cheap.

Do you know why miners are selling for cheap? It is because crypto is cheap.

If you think miners are cheap and later in the future they will make money... why don't you just buy crypto while it is cheap and sell them for a higher price when they are expensive?

Right, in the last bull market, I shouldn't have sold the equipment and then used the same funds to buy some looks higher-profiled miners. I feel that I can be more risk-resistant in a bear market. In fact, it seems that in a bear market, no miners will earn money, this is the correct time to buy machines or coins. Roll Eyes
2  Alternate cryptocurrencies / Marketplace (Altcoins) / When is good time to buy miners in bear market? on: October 24, 2022, 04:48:13 AM
Hello guys.
Bought some btc miners(s19 95T) and gups in the last bull market before. Now it is relatively difficult to bring the return to capital in this bear market Cry. Maybe I should not have bought at high prices in the bull market before, so I think it is a reasonable choice to buy machines in the bear market instead, but what is the specific time for the relative price dip for the crypto miners? If it's the time, when there is no profit generated for the miners which is considered to be the current time period?
3  Alternate cryptocurrencies / Mining (Altcoins) / Re: When ZK Mining will be massive adopation? on: October 08, 2022, 03:48:22 AM
Quote from: gotminer on October 02, 2022, 09:37:13 PM
Should have sold off those gpu way before now. I started selling off my Nvidia 1070/1080 series cards that I mined with for three years in late 2020 and decided not to purchase newer gen cards with the funds. Could have waited another six months and got more for said gpu's, but I'm not in the business of buying bottoms and selling tops. Sure the merge could have been delayed yet again, but I wasn't willing to bet on it. So no new card.

I overpaid for some gpu in early 2018, but no worry. Most were purchased in 2017 at good price point. Now you sell them at loss or continue to hold onto them while manufacturer releases newer and newer cards, this decease value of your card even more. Hello Metroid. Hehe  Grin

wise decision sir Cheesy, i am currently trapped with about 20+ RTX30xx card Undecided , but i believe the profit will recovery eventually since there are people selling cards which may lead the hash market come to a equilibrium.
4  Alternate cryptocurrencies / Mining (Altcoins) / Re: When ZK Mining will be massive adopation? on: October 08, 2022, 03:39:17 AM
Quote from: a1383414 on October 02, 2022, 01:06:03 PM
Have more resource about ZK Mining?

that site posted a following article regarding the projects using zk mining now
check the link below:https://minernav.com/mining-technology/aleo-and-ironfish-projects-already-using-zk-mining/

however, looks like these projects are not officially launched yet, may still wait for couple time.
besides that, you can check Paradigm's main page for more related zk mining hardware information.

i might go ERGO first now and hold since it uses less energy. Cry
5  Alternate cryptocurrencies / Mining (Altcoins) / When ZK Mining will be massive adopation? on: September 20, 2022, 08:16:50 AM
I've had some real trouble and pain alternately mining among various alt-coins after the Ethereum merge. For the time being, it looks like there are no stable and profitable coins that last long. I'm going to shut it down for now, but I'm a little uncertain about what to do with these GPU rigs. They are a bunch of RTX 3060ti and 3080s (bought them quite expensive before).

Also at the same time, I also saw some posts saying that ZK mining may replace the previous eth pow mining in the future
Post link:  https://minernav.com/mining-technology/zk-mining-a-possible-post-ethereum-merge-mining-replacement/


I would like to know, are there any projects that have already adopted this algorithm now, or roughly when will ZK mining be adopted on a large scale?
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