Who is mining right now?

[Bitmore]

I do not understand people who say that mining is not profitable. Don't you understand that a miner can't use a holding?  I think mining is very profitable as it used to. Simply sell their coin need not now and when will begin a new pump. But I mean professionals and not those who are engaged in mining at home.

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[pidobir]

I'm not sure it's profitable to mine now. The yield fell sharply but the price of electricity is the same as before.

[puttkim]

Mining is very dangerous now, unless they joined the market early last year, because the current miners have started to lose money because of the very high hash value of Bitcoin!

[xzxcoin]

people remain mining, the main reason is following:
1. they considering the mining is their job. If they don't mining, they will be lost.
2. the mining machine don't have the space time. If the mining machine is stop. That's wrost the money for the mininer.
3. The mininer have the beliving. they belive the coin will rising up again. I am also have this thought.

[quarkyplum]

LOL. I think almost miners have quitted crypto mining already ). At the moment, it's impossible to get money by mining while crypto market keep falling like this. In my country, I can see so many guys are trying to sell S9 and GPU. LOL. They don't wanna waste their time in mining anymore cause they can get profit from it at the moment.

[batang_bitcoin]

Ask this on Mining (Altcoins) or you can move this thread there.

I am not quite sure how to move the question there

Scroll at the bottom of this thread and on the left side there's the word Move Topic, press it and do the rest.

[employees]

Which coin you mining this time?

[kagtaviy_mo]

To date, those who are interested in doing this are engaged in this kind of craft. This can be both large corporations and ordinary users.

[brightcove]

I think mining with small setup is not benefitable now.

[zero9119]

LOL. I think almost miners have quitted crypto mining already ). At the moment, it's impossible to get money by mining while crypto market keep falling like this. In my country, I can see so many guys are trying to sell S9 and GPU. LOL. They don't wanna waste their time in mining anymore cause they can get profit from it at the moment.

The dramatic decline in the cryptocurrency resulted in declining mining income. In my country there are many Bitcoin mining farms that are on hiatus due to losses from difficult mining and bitcoin prices. I hope that this period will soon be over so that investors can profit from the market.

[boidepzaikhoaito1]

I think that will still be profitable from mining, otherwise people will abandon it. Take a look at Bitmain China, which revealed higher profits than the Nvidia US GPU in 2017 and is currently operating well.

[jackbox]

I am still mining (one rig out of four) and it is not very profitable. I break even or make a slight profit and hold the coins for the future. I believe most quality coins, especially BTC, will go up in value again. Then my mining now would become very profitable at a later date. The other rigs were broken down and I am selling the GPUs, motherboards, power supplies, etc.

[engesi]

I think the risk of mining is increasing now, and as the number of bitcoins that can be tapped is reduced, the difficulty of mining is increasing, and the price of bitcoin in the market is also decreasing!

[Yana_O1993]

now there are a lot of developments related to new cooling systems and the most powerful production machines) the market will not stand still

[tranquyen123456]

How can you conclude that there is no profit ? My friends are still minning and still profitable. The problem is that the market is losing market share will be lower than normal only

[pri3oner]

I dont have such acquintances. They were mining more than a half of a year but u know what's going on wih market mood and PC video equipment prices.

[Zadicar]

Hi!

I have a question. Who is mining right now? It is not profitable right now! But the network's hashrate is still high!

Big companies and for those miners who do reside into a place where electricity cost is cheap and with sufficient amount of miners to operate on and I'm sure they are the ones who do operate and still mining nowadays because no one would push up transactions if there are no miners. The thing or the fact small scale miners will really be on majorly affected with this market decline together with the spike up of mining difficulty.

[Cryptodiscuss]

All of you who are leaving mining and selling out the gear, invest that money in some coins and we all are gonna be much better! 

[MRlong]

I think only miners whom still believe that crypto market will recover very soon keep mining cryptocurrency at the moment . For now, seem like it's impossible to get profit from mining when crypto market is being in downward trend like this if miner don't have much TH/s . A lot of miners that I know are trying to sell all their GPU and S9miner at the moment. )

[pearlheart]

Hi!

I have a question. Who is mining right now? It is not profitable right now! But the network's hashrate is still high!

I have 2 Th/s Bitcoin mining cloud contract.. But still I could not able to cover my investment.. Because Bitcoin mining difficulty is very high now.. Profits are getting low daily.. So, I'm not going to recommend Bitcoin mining to any one now..