What's your plan for the future?

[Synerggy]

Stuff are not looking great in terms of forthcoming profits, way too much hardware is emerging online, electricity and gas tariffs are all going up all around the globe. This merge looks like it is flawlessly on track and there are so many questions about the future of mining, what are your strategies toward this?.

[OgNasty]

Stuff are not looking great in terms of forthcoming profits, way too much hardware is emerging online, electricity and gas tariffs are all going up all around the globe. This merge looks like it is flawlessly on track and there are so many questions about the future of mining, what are your strategies toward this?.

My strategies towards mining remain the same regardless of what X or Y coin is doing now or in the future.  Get cheap renewable energy, mine whatever chain is most profitable to do so on Nicehash, and let it grow until you need it for something.  This has proven to be a fairly stress free way to mine, and I'm glad I took the steps when things were going well to ensure that there would be no concerns when margins start being pressed.  As some might say, the best time to buy an umbrella is when it's sunny out.  Stay away from debt, use renewable energy, buy mining equipment when it's cheap to do so and sell it when people are paying above retail.  That seems to be the winning combination for me anyway. 

[Coinfarm ventures]

ensure that there would be no concerns when margins start being pressed

This is why my 2018 mining farm went bankrupt. I learned that I need to figure out a way to stay open even when revenue is as low as late 2018 for 6 months in a row.

[rdluffy]

Here you'll see all kind of plans and this is good to make ours or to adjust

In my case, all my GPUs and hardware are already paid, this is a comfortable situation.
I have some ETH mined to hold until a new bull run, I think I'll only sell for 5,000 USD or more, in parts.

And since two weeks ago I'm mining and selling almost everyday to pay electricity costs and making some cash, since I already have ETH in hold, now I want to make some profits daily

This is my situation right now, with the current market conditions, I always leave room to adjustments

After the merge I'll wait for a couple of months to see how market will react to changes, there's a lot of factors: price, the merge itself, eth being unlocked, war, new coins etc.

[adaseb]

Probably in a month or so will start to liquidate some GPUs. Right now they are still easy to sell and you can get decent profit for them.

I am pretty sure the ETH POS will be sometime in June or July. When the exact date and block is confirmed. Every other miner is going to be listing their gear on Craigslist or eBay. And supply will be too high to get a decent price.

Profits aren’t that high enough where it’s worth it mining till the last minute.

[Lafu]

~~~~

I guess after ETH is going POS there will be for sure some other Coins that will be coming up for mining with this cards.
You know that there will be always coming a coin that makes it worth to mine it.
And there are still a few other algos that doing well with new cards and Gpus.

[swogerino]

Stuff are not looking great in terms of forthcoming profits, way too much hardware is emerging online, electricity and gas tariffs are all going up all around the globe. This merge looks like it is flawlessly on track and there are so many questions about the future of mining, what are your strategies toward this?.

I use a simple strategy.Continue mining even at a loss if I am financially stable to afford it as I believe that the prices of almost all cryptocurrencies,at least the ones who will make it and will not die like many alt did in the past is that their prices will only keep increasing in the future.

The better strategy for people who own rigs is to not rush and sell their rigs,rather keep mining until the PoS thing happen,if it happens at all and then after the merge see if there are other coins which can give you decent profit (do not rush,the difficulty will decrease a lot when people will rush to sell their GPU-s) and if there are keep mining them,you need about 2-3 months after the merge to see the exact picture,so the real winners will be the ones who will be patient enough to resist the strong urge to sell gear.

[Coinfarm ventures]

the real winners will be the ones who will be patient enough to resist the strong urge to sell gear.

There is nothing wrong with selling equipment when it's worth over MSRP. I plan to sell in 1-2 months, before the anticipated PoS block number announcement. The real winners will be those who own equipment that they paid dirt cheap prices for.

[XUR_TIP]

Stuff are not looking great in terms of forthcoming profits, way too much hardware is emerging online, electricity and gas tariffs are all going up all around the globe. This merge looks like it is flawlessly on track and there are so many questions about the future of mining, what are your strategies toward this?.

I use a simple strategy.Continue mining even at a loss if I am financially stable to afford it as I believe that the prices of almost all cryptocurrencies,at least the ones who will make it and will not die like many alt did in the past is that their prices will only keep increasing in the future.

The better strategy for people who own rigs is to not rush and sell their rigs,rather keep mining until the PoS thing happen,if it happens at all and then after the merge see if there are other coins which can give you decent profit (do not rush,the difficulty will decrease a lot when people will rush to sell their GPU-s) and if there are keep mining them,you need about 2-3 months after the merge to see the exact picture,so the real winners will be the ones who will be patient enough to resist the strong urge to sell gear.

@Sworgerino you are the bomb, it's what I keep telling people, the best time to mine is in a bear market, all you need is a less difficulty, I can mine 9 million shiba inu coin in a week but in bear market I can get 3x of that 9million shib in a week.