gpu mining will die. Specially if price continues to go down. Just a little hint. In my country, with a 6 gpu mining rig with 189,8mh/s and 880W from the wall, at current prices i get about 121$ profit per month. That's about 98€ for me. Disgusting, absolutely disgusting.

Price goes down, difficulty is going up like absolute madness, and the price of electricity is always the same, so you get less income with same costs.

But mining will die for ETH in just about 4 months at current rates. Once on PoS you will not be able to trade or mine it, and , we all know this, the coin will only be valuable for the actual work the developpers will have gotten in the past years, which is, btw, very little.

Most people will get rekt, the market will be flooded with gpu's for almost nothing , and you will not even get the CR. People that have bought their mining rigs at current prices, will never ever recover their investment, at least in ETH.

Nowadays everything in cryptocurrency world is a total disaster, a total mess, a total Fuck.

i believe in cryptocurrency. But i don't think actual investors believe in it. It's just a matter of profit. The moment banks, goverments and institutions have gone against it, it has lost like 80% of it's value.

if you have a job, DONT QUIT!!! Cryptocurrency is just about to dissapear as a form of profit.

This is like 100 times i've said how mistaken are people considering faith the only argument to stay up on cryptocurrency. Only use money that you can lose (because you will lose it at some point during the next month).

This crash is here to stay, and i doubt cryptocurrency market will ever recover. That's my guess considering all news coming from banks, goverments and also considering technical analysis.

I've read at least 4 that say that it's possible to see BTC at 2800$.

Do not believe in other's people faith. Do your own research, and , at least, consider that you can lose it all if i'm right.

from the time i begun writing, and finished this, more than 1 billion € have left the cryptocurrency market.

This is gonna crash to hell this shit. OMG.

goverments are killing anonymity because it's the first step to tax investors. Once you can tax them, you will be able to control their money and afterwards to know who is investing, why, how many profit is he getting and who gets it in reality.

Taxes + regulations + end of anonymity + huge volatility = investors , whales, traders and almost anyone running away from crypto, which is the thing it's happening right now.

And wait, because it will get worse. Much worse . G-20 is gonna kill crypto.

i have a 10 gpu rig and all cards were bought from 15-20% cheaper than MSRP. If you consider actual prices , i saved more than 50% of it's current value for each card.

and Still, i almost get any profit noticeable. my gpus are Sapphire rx 580 nitro+ and 570 nitro+ with 8gb, most of them doing 32mh/s with almost no mem errors which gives me 316,4 mh/s combined. and still, not worth at all.

I would advice noone to enter mining nowadays. Specially if you have to pay those huge prices for GPU.

the reason is basically that goverments will try to put taxes and regulations to cryptocurrency.

The vast majority of coins are used by drug dealers, big whales, sharks, traders and huge investors that are IN crypto for money, they don't care about technology. If they actually cared, BTC and all other altcoins would have not lost 59% of its value since December.

if they are tracked , they cannot use crypto for money laundering or tax evasion, if goverments and banks are trying to discourage people from entering just by warning with hard regulations and they've succeded, well....there little more to be said.

noone is willing to be identified in a "supposed anonimous coin", paying taxes and suffering from huge drops. Investors are running away like this was bullshit.

The end is near. But not the end holders are willing to see. There will be more blood-bath, that will leave this one as the little billy.

at the rate of mining right now, ETH will enter PoS in just 4 months from now. Once PoS is applied, trading the coin will NOT BE POSSIBLE, nor will be mining it.

So please, don't lie to people. ETH will be only valued for the smart contracts signed, which are btw very small with almost no profit.

DON'T LIE TO PEOPLE!!! ETH will not even get to 700$ before PoS.

i would advice not to buy. There are a lot of bad news about regulations from USA and other countries, and this is going to be destroyed very soon.

If you buy, do it with the money YOU CAN AFFORD LOSING (because you will lose it).

NOT WORTH AT ALL.

Today, just today, more than 14.000GH/s entered ETH. ETH mining is just disgusting nowadays, almost no profit, high difficulty, very low price, and if you live in a country with high electricity cost, you will not get even for a good meal a month.

And this in the best scenario. because once ETH switches to PoS (around 6 months in think), there will be almost no altcoin profitable and stable to mine for profit. And that's also considering that you will be able to trade that coin into dollars or trading them for BTC.

Are you reading this and considering to buy a mining Rig?? DO NOT DO IT, or you´ll regret it.

That's like saying:

Hey, please, don't sell. If you sell, my coins will be worth less so actually holding is the best thing you can do, FOR ME.

I simply don't care. If you want to lose it all holding,  go ahead, but don't tell the others to follow your steps to the abyss.

NO!

for ETH to go for 1300, Market capitalization for this coin should also increase like 50%. till at least 100 billion. I don't see that happening.

Today, 8 billion Dollars have increased the capitalization of ETH. in 24h times, more than 1.26 billion dollars worth of ETH have been exchanged. Traders are buying and selling hard on very short term, making profit.

The price is being manipulated by this huge traders. There is nothing , no argument to see this little bump is the end of the red zone. in Fact G-20 will put more blood here.

totally agree. Cryptocurrency is harming banks badly since they cannot play with your money to get theirs by lending it. Goverments by the other side want you to pay taxes so that they can use it to give their own workers money and wealth to live at your expense. They want to control your money and put taxes over you even when the goverment has done nothing in favor of crypto, but they actually want a part of it from you. Moreover, socialism is getting ahead by providing with social services paid by all. The more money you have, the more they'll have to buy your vote with your own money, which is disgusting to a terrible extent.

the problem , the issue is: which % of the total capitalization of cryptocurrency is actually related to technology? According to numbers and market trending.....about 35% of the total seen in December 2017.

If people, investors mainly, see no profit on this crypto, and also see high risk and taxes, do you think they will invest in this techonology? ABSOLUTELY NOT.
Traders can usually get money by selling and bying in short term, but investors , whales and other will fly away and will not return.

G-20 is bound to crash crypto. Hope this will not happen, but it's a big possibility that this happens. Stay prepared in case your faith collapses.

i sold all my ETH the 9th of January 2018 at 8:51AM. so i haven't lost anything. Indeed i won a lot.

I knew holding was not an option. In my country it's very said this: it's better to have one bird in your hand than see a thousand flying.

sorry but i disagree. The real FACT!!! is that crypto has been used by big whales, investors, drug dealers, terrorist and many other people to do their business without a goverment controling it. Not even the police could track the money moved by those grups.

IF!!! you force big regulations towards making it impossible for the people mentioned to do their own shit, what will occur, and it definetely will, is that those big big investors will go another way, since they don't want to be controlled, paying taxes for crypto, and having a huge risk due to volatility.

Have you ever thought that what you consider as being "good" is actually bad???

G-20 will make unattractive the cryptos due to hard regulations and certain bans. In fact, what they are going to talk is so much important, that , according to what i know, Crypto will go to hell in 5 days.

Bad news are coming, goverments and banks want to know how much money you put in, how much you win, and who gets it. This will force exchanges to be regulated so that all "anonimous" information about clients actually disappears.

Big whales, traders and investors are not in crypto for tech. Nor are the 99,99999999% of you. They are, LIKE YOU, in for profit. If crypto is so regulated that you cannot do what attrated people to this , (money laundering and tax evasion among other things), inverstors simply will run away from this madness.

If people actually cared about technology, why would have nearly 70% of the hole value of cryptocurrencies gone?? If ETH, is so good, and has a bright future, what has changed that has forced investors that had 133 billion in this, to actually stay only 40 billion and going down?? has the technology proved wrong? Is it not effective?? NOOOOO!!!!! It's goverments and the profit of crypto vs no profit for goverments and banks what is actually DESTROYING crypto.

In the G20 we will see the hate goverments and banks have against crypto, because the more money it goes in, the less they control it. Banks are losing a huge amount of money to lend because of this, and this is why they are all against. to the point they are even banning you from using your own credit card!!!

G-20 will almost clarify how are they going to destroy Crypto with regulations. The problem you guys seem not to understand, is that you consider regulations good because they give certitude for the future. The real issue is that THOSE REGULATIONS will make Crypto not interesting for investors because, once money laundering, tax evasions, total anonimous transactions and the impossibility to track the money and who really sells it , will leave crypto for the value the technology has, and this concept has been proved to be very low, and numbers talk clearly.

Hope you all guys are losing the money and you can afford that. Moreover, i wish i was wrong in all my statement. I really hope so.

with versions before 11.4 i was getting like 5-8% stale shares. With 11.5 i'm nearly 0. this is awesome. Now the question is: how many people have been saying that having mem errors on your GPU actually increased stale shares?? Some cards i have get stale shares (and was related to mem errors) and now , with more or less the same number of errors, getting 0-1% stale. Someone has to rectify.

btw, stale shares with Nvidia cards on my rig were almost 25%. it was incredibly bad, so i turned it off in search for hardware problems. Now it seems that the problem was not my hardware but the miner. OMG how many hours of headaches.

At least......all seems to run fine now.  

and the reason for increasing the value again? ahhh faith....i understand. The market place is full of "rekt" traders and investors due to faith.

BTW, we are currently at the price of the 12th of December 2017, so we've gone back 4 months ago.

Many many people have lost 50% of their money at least. And this is not done. We will see it getting worse. Hope you guys don't need the money you are going to lose and almost never recover.