Do you think mining is still fair

[ryanfromrethink]

In Q3 2018 market is still a blood bath. A lot of people that involved in crypto losing theirs hopes on a quick moon. ICO market is down. But difficulty of mining is growing up. We need more powerful processors, GPU and so on. Mining was created to give ordinary people get some free coins. Another hand big companies joint into monster to dig more digital gold. Simple person is out of this business. To support a node of ethereum you need more space every month and you get no reward. Do you think its fair enough or we need some new architecture to give mining a new life?

I do not think that mining is one of the best options for earning now. I think it was profitable or about three years ago, or in 2017. Now the fact that the mining machine earns not only can not recoup its cost, but also electricity

[R9s]

Except for the death of this world, nothing is fair, mining is the same, if you have enough digging power, then you can even change the price of crypto!

[khufuking]

What you mean by fair? If you have money then you can buy equipment and start mining and if you don't have money then you can't and that is pretty fair enough.

If you mean mining is not profitable, then it is not for small miners and for big not just for small miners. Right now the game is to mine and hodl what you mined and if you can't cover your costs right now to be able to hodl the mined coins/tokens it is better to just stop mining for now until market get better.

[iTradeBit]

Deinitely common mining is unfrofitable. We have to do it in different way.

[karramov]

With all the options that exist now we won't be able to live a long time. It is impossible to exist to the detriment of yourself. Something has to change or all this will stop working

[Dilireba]

Mining now require high costs to start as well as you must have some certain knowledge in hardware and code, it's not for newbie.

[testadimerlo]

it seems to me that mining has not been more convenient for several years now. Maybe there is some new project that just deserves to be explored, but certainly the age of mining time I think it's over.

[Alijiindahaus]

it seems to me that mining has not been more convenient for several years now. Maybe there is some new project that just deserves to be explored, but certainly the age of mining time I think it's over.

According to some research results of experts in the field of the cryptocurrency market, it can be concluded that the Chinese miners already control more than 70% of the hash rate of the block chain. It seems to me that in this case, the potential control of cryptocurrency in China can have a very negative impact on the future prospects.

[Khiceog]

In Q3 2018 market is still a blood bath. A lot of people that involved in crypto losing theirs hopes on a quick moon. ICO market is down. But difficulty of mining is growing up. We need more powerful processors, GPU and so on. Mining was created to give ordinary people get some free coins. Another hand big companies joint into monster to dig more digital gold. Simple person is out of this business. To support a node of ethereum you need more space every month and you get no reward. Do you think its fair enough or we need some new architecture to give mining a new life?

Now a more profitable method for earning is bounty projects. Mining I do not see the way that can passively bring not just a large income, but also a minimum income. I don't like this method

[silver23]

i don't really know about mining but i am not too interesting for this.
mining is throw much money to buy mining engine, i am not a pure man and i think invest and join a bounty campain more better than mining.

[syypro]

I think in the future it will be possible to engage in mining only as an industrial enterprise. Buy a video card and something mining will no longer be relevant.

[eagle123]

of course mining is good and fair only if you have a super computers and have well knowledge.

[MelodyCrypto]

mining can be interpreted as a business "who is strong, will survive" so I think this is unfair, may be because of this factor too now many small miners industry (individual) are starting to sell their hardware and prefer to change profession become traders and investors

[daly896]

For sure no, with current rate of ethereum it is not profitable, you can switch on other coins, but in general mining profit is close to 0 and some miners work in loss!

[paveel90]

In Q3 2018 market is still a blood bath. A lot of people that involved in crypto losing theirs hopes on a quick moon. ICO market is down. But difficulty of mining is growing up. We need more powerful processors, GPU and so on. Mining was created to give ordinary people get some free coins. Another hand big companies joint into monster to dig more digital gold. Simple person is out of this business. To support a node of ethereum you need more space every month and you get no reward. Do you think its fair enough or we need some new architecture to give mining a new life?

For me, mining has ceased to be a way to earn money. So I just tune in to completely abandon it and invest in something else. He stopped bringing money now and it can not please

[Beargas0]

Mining is officially dead and to me it no longer exists. Now earnings do not pay even the cost of the equipment and I do not see any sense to do it at the moment. This is stupid.

[HauntOne]

Mining?  Ahaha, our Minister of Finance has canceled mining, due to the fact that he is associated with incomprehensible Bitcoins.  So we have no mining officially

[RobotNIK]

At the moment, the extraction of Ethereum seems to me not yet relevant, for the reason that it will not pay for itself!

[rippar]

Mining is still profitable for a huge farms, which are working in a places with a cheap electricity, for example some stations in China or Syberia.

[milewilda]

Mining is officially dead and to me it no longer exists. Now earnings do not pay even the cost of the equipment and I do not see any sense to do it at the moment. This is stupid.

No longer exist? Then what you do called to those things who push transactions as of this moment? Mining isnt still dead only to those people who cant afford to buy one
and profitability would always vary on where you do locate. Electricity is one of the biggest factor of profitability but even on a little bit higher price per Kwh you can still utilize some
coins not the popular ones to be mined but to those who are just starting up or low on difficulty.Just focus on how you would first secure to get the ROI and the rest would be
done without any worries.