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Author Topic: Mining Unprofitable - What next?  (Read 2270 times)
Privatoria
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August 19, 2018, 04:56:16 PM
 #81

I have some profit from mining. Every 100 mh gives me about 50 dollars per month at the moment while mining Ethereum. I think that in few months it will have better price.
adaseb
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August 19, 2018, 06:26:49 PM
 #82

Historically mining and selling during a bear market was never a good idea.

Bitcoin had many bear markets and the true hodl'ers mined and kept all their precious BTC throughout and years and they sold it during a bull market.

This is no different than mining last November where ETH profits were less than optimal. If you only held 2 more months you could of sold at $1400.

Keep in mind, when you are selling your ETH, obviously someone is buying it. And they are buying it to sell at the next ATH.
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