Is mining going to die soon?

[KougarLOB]

...
These days are difficult for mining, like in the 2017 begining.
But mining can reborn later.

Current market trends more closely mirror of 2014 than 2017.  New year price spike followed by a long decline until flattening out the next year.  I hope we're not in for a two year crytpo-depression.
I was lucky to buy in July 2015, at the bottom the previous market cycle.

[ASIC Miners]

Everyone keeps asking the same shit again I've been mining for 4 years and every time the markets start to go down all you here is mining is going to die well I'll be here mining till the shit is dead or I'm dead see most ppl don't get it a lot of us are here because we love crypto and what it stands for not the money that's just a bonus also ETH is just one coin out of well I can't count them all

Haha yes it's like deja vu every single time

[ikicha]

With this current price, mining still not profitable if you pay electricity at @$0.1/kWh
so, i have a plan to hold coin until market recovery.
If not, maybe i decide to surrender

[hunterx2525th]

I don't think it will die we have more new altcoin every day for mining.

[jillscarbrough]

Everyone keeps asking the same shit again I've been mining for 4 years and every time the markets start to go down all you here is mining is going to die well I'll be here mining till the shit is dead or I'm dead see most ppl don't get it a lot of us are here because we love crypto and what it stands for not the money that's just a bonus also ETH is just one coin out of well I can't count them all

I still profit after calculated electricity bill and still save my profit in the wallet. still can buy GPU 2 pieces/month. profit or no depending your financial Management .when to sell coins, when to hold the coin. and when to switch coins manually. and depending on your management maintenance Rig. Good management of maintenance very influences to your profit.

[whycrypto]

There will always be new coins to mine so I don't think gpu will ever die. Asic's are so specialized, they seem to go obsolete pretty quickly.

[KenChanYu]

With this current price, mining still not profitable if you pay electricity at @$0.1/kWh
so, i have a plan to hold coin until market recovery.
If not, maybe i decide to surrender

It depend on the people on how they will handle mining. Lets say, it is hard for mining to die because their are many people who are still doing this. They are still holding their coins because of this lower price. But mining will be last long, I guess because helping people is the gosl of mining, so it is really impossible that mining will die.

[FullMooon]

Well As long there;s a cryptocurrency Mining cant be die so dont be afraid on that someone will do and think a solution about it. Patience And observation is the key trust Cryptocurrency Trust People who want to share knowledge to get all of us a profit. while thinking about mining will die try to invest and save money.

[Golftech]

How soon will you take into consideration OP? not just because this coin will convert into PoS means that every coins will turn as well, there's still profitable coin that will show up and mining will continue not unless the whole industry will declared that they will stop the chain, I still believe that
it wont affect the entire industry if Eth will turn to PoS another project will step up just like what Zcash for example and those coins that's still works
with mining algo..

[dohfish]

With this current price, mining still not profitable if you pay electricity at @$0.1/kWh
so, i have a plan to hold coin until market recovery.
If not, maybe i decide to surrender

How can you say that? Even here, paying 0.33USD per KWH im making more in profits than im paying for power - Show me any kind of business that can run on profit margins like that, to be realistic you should not really expect more than 20-30% off your total income as profits after you have paid your expenses, anything above that is MORE than good from a investment perspective.

[halker2010]

Gpu mining died in 2012 and again in 2013 yet we grasp the last bit of cryptos with all we have it really doesn't matter how many times gpu mining dies as long as there are devs and miners we do what we do.

[ismehmood]

Mining with gpu wont die the coming years. This year en coming year it will reacht its top. Sure it is not profitable with coins like ETH or Bitcoin. But using your rig to mine a coin that is still in it young days can be very profitable in the future.

[Riptide_NVN]

With prices in the toilet at least I won't owe the IRS a lot of income tax on this.  So I got that going for me.   

[Digital Drug Lord]

9 Vega 64 now struggle to make $9 a day

Think about that...

4 1080tis struggle to make $10 a day


Think about that....

Now ask your self will a Vega 64 ever go back to $499 in price?

[gotminer]

9 Vega 64 now struggle to make $9 a day

Think about that...

4 1080tis struggle to make $10 a day


Think about that....

Now ask your self will a Vega 64 ever go back to $499 in price?

Your problem is you that you think too much about it in fiat.  Who gives a fuck about fiat?

[Digital Drug Lord]

9 Vega 64 now struggle to make $9 a day

Think about that...

4 1080tis struggle to make $10 a day


Think about that....

Now ask your self will a Vega 64 ever go back to $499 in price?

Your problem is you that you think too much about it in fiat.  Who gives a fuck about fiat?

because $4000 worth of video cards struggles to make $9 a day. thats why

$4000 worth  of mining equipment  plus electricity cost for barley $9 a day? explain to me how the fuck anyone can decided to start mining or get into any investment without seeing how much you can make a day

[gotminer]

9 Vega 64 now struggle to make $9 a day

Think about that...

4 1080tis struggle to make $10 a day


Think about that....

Now ask your self will a Vega 64 ever go back to $499 in price?

Your problem is you that you think too much about it in fiat.  Who gives a fuck about fiat?

because $4000 worth of video cards struggles to make $9 a day. thats why

$4000 worth  of mining equipment  plus electricity cost for barley $9 a day? explain to me how the fuck anyone can decided to start mining or get into any investment without seeing how much you can make a day

I don't give a rats fuck about fiat.  I care about how much crypto I can earn in a day from my mining rigs.  The trade value to fiat is extremely volatile and will probably continue to be that way for quite some time.  You can't love it when it's high and hate it when it's low.  If you don't love it just as much when it's low, you're not in it for the right reasons and you're going to burn yourself badly.  So if I don't like the price today, I check it in a couple of weeks and see if I like it better.  No reason to obsess over it by checking it 20 times a day.

Let go of that emotional attachment to money that you have and you'll be way better off in the long run.

[Digital Drug Lord]

9 Vega 64 now struggle to make $9 a day

Think about that...

4 1080tis struggle to make $10 a day


Think about that....

Now ask your self will a Vega 64 ever go back to $499 in price?

Your problem is you that you think too much about it in fiat.  Who gives a fuck about fiat?

because $4000 worth of video cards struggles to make $9 a day. thats why

$4000 worth  of mining equipment  plus electricity cost for barley $9 a day? explain to me how the fuck anyone can decided to start mining or get into any investment without seeing how much you can make a day

I don't give a rats fuck about fiat.  I care about how much crypto I can earn in a day from my mining rigs.  The trade value to fiat is extremely volatile and will probably continue to be that way for quite some time.  You can't love it when it's high and hate it when it's low.  If you don't love it just as much when it's low, you're not in it for the right reasons and you're going to burn yourself badly.  So if I don't like the price today, I check it in a couple of weeks and see if I like it better.  No reason to obsess over it by checking it 20 times a day.

Let go of that emotional attachment to money that you have and you'll be way better off in the long run.

well you can mine for the future or mine for profits.

these cards might mine you alot of shit coins but wont make you daily money

[blockchange88]

9 Vega 64 now struggle to make $9 a day

Think about that...

4 1080tis struggle to make $10 a day


Think about that....

Now ask your self will a Vega 64 ever go back to $499 in price?

Your problem is you that you think too much about it in fiat.  Who gives a fuck about fiat?

because $4000 worth of video cards struggles to make $9 a day. thats why

$4000 worth  of mining equipment  plus electricity cost for barley $9 a day? explain to me how the fuck anyone can decided to start mining or get into any investment without seeing how much you can make a day

noob. you mad bro?

https://www.nicehash.com/miner/34RV1eTFYKFcx5AqF5rJTPB7KCbv4hdYk7

[ecoin_bestcoin]

POS doesn't work without good distribution of tokens/coins, so no mining will not die soon, there are many pros and cons to both POW and POS (as well as dPOS)