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Author Topic: FOMO on GPU mining  (Read 186 times)
Bitbtc8
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February 27, 2021, 05:46:26 AM
 #21

Its become FOMO since many people dont know what Miners suffer on 2018-2019 era. Im already face that situation, so i wont face it twice  Lips sealed


It's happening already, now ethereum isn't as profitable as weeks ago and some are already not happy about it like myself but the main reason why I build mining rig is more than getting my ROI back in few months, i built the rig to sustain myself for long time before selling the cards for another

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Dedewahyu
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February 27, 2021, 06:54:10 AM
 #22

soon there will be lots of VGA at low prices, miners will usually sell their VGA if the warranty period has expired or the price of coins has dropped dramatically. then the VGA price will return to normal.

lobo13hf
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February 27, 2021, 10:11:52 AM
 #23

soon there will be lots of VGA at low prices, miners will usually sell their VGA if the warranty period has expired or the price of coins has dropped dramatically. then the VGA price will return to normal.
It's only for the small miners but you can't predict the future. This time the crypto is getting the bearish trend but what will be happening if in the next quarter crypto will start to grow again.
The big miners will still mine coin consider they can get very good money from the transaction fees. The small miners will be only the party that will be selling their rigs when their rig gave no profit for them.
They must adjust it.

It's quite impossible for the price to go down dramatically like what happened a few years ago dude.
I think that crypto started to enter the stabilization of its price.



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