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Author Topic: Keep mining or buying?  (Read 522 times)
Bittrac67all
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March 29, 2018, 08:17:42 AM
 #21

Combine both of them. Analyse the profit from mining. If it's positive so dont stop mining.
Ultegra134
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March 29, 2018, 09:31:14 PM
 #22

Hi everyone,

During the last days I've been mining ETH with 60 Radeon Rx580 cards. But the difficulty has been increasing, at the same time that the ETH prices have been going down.

So, at this point I'm wondering if there's any other coin that could be mined with the same cards and better results, whattomine.com keeps showing ETH as the best option, and personally I don't know any other service alike to see if there's any other option.

Do you believe it would be better to buy ETH directly instead of mining?
Is there any chance that the difficulty/reward changes for better in the future?
What would you advice?

Have a good weekend!
Chris
I was using Nicehash to mine, thus, I was earning BTC instead of the coin I was mining. I've actually stopped mining since it was barely profitable for me and started buying BTC instead. I hope I made the right choice, because I've actually started to worry by seeing Bitcoin drop even further.

R


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Ajiloveyuyun
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March 29, 2018, 09:40:34 PM
 #23

you better buy ASIC instead of buying VGA card .. because ASIC is more promising than VGA Card.
collect eth coins, do not buy coins, because it will hurt you yourself later, because the index of bitcoin stock again decreases.
Cryptoipad
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March 30, 2018, 02:52:17 AM
 #24

The mining are included Buy and Hold is an investment strategy where an investor buys a commodity and holds them for an extended duration. This is based on the notion that in the long run, financial markets give a good rate of return even with the commodity experiencing a degree of volatility. This is a common practice for stocks, bonds and certain commodities, and requires that the investor has strong holding power of eth mining process.There’s a good argument to be made that I could have simply held Bitcoin rather than got involved with mining, but then no one saw such a rise in price otherwise everyone would have Had the Bitcoin price remained low, mining would have probably been easier these days and the return higher in Bitcoin terms of conditions to the keep mining process of buying and selling progress of business.
Putunembah
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March 30, 2018, 06:32:35 AM
 #25

if I am honest I have not really understood the mine, so if suppose I was told to vote I would rather buy buy directly, what else now bitcoin or other altcoin decreased very far from the highest level, so I would rather buy it and for me to save with a long run, so I can make big profits.

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