Do you think mining is still fair

[nemey]

Well, I have not heard about mining after some months, especially since half of 2018 when the market is going to decrease and collapsing right here. Mining needs the big fee for the daily outcome. But mining coins right now will only get smaller profits because of decreasing price on market. But it depends on what you are doing now and how to manage it.

[goodday886]

mining is a real high risk. First, u need to spend a lot of money to buy hardware devices. Then u need to choose the right coin. Finally, your equipment will be eliminated, half a year to a year later. It has never been fair, whose hardware equipment is new and whose income is more.

[Piskeante]

mining is dead. At current prices it's really unprofitable no matter what you do. most coins will die without the support of the community. market is dead. The problem is that most of you don't know it yet.

[Pline]

Not, I don't think in this way, but you know, some of my friends have cheap electricity and they are in profit. As for me mining is weird at the moment, I know more profitable ways to earn money!

[Freescan]

I vacuum because I feel lately that mining revenues are not so good, this is very tiring just to cover electricity costs. With a market situation that does not improve is a good time to invest in altcoins, so once in a while let's trade to find additional income.

[starplaks]

The prospect of mining depends on the cost of electricity, so there are places where mining is just not so much!

[dawai asmara]

This has become a risk to your business because there are no jobs especially in crypto that don't have a problem that only distinguishes bigger and smaller, people like me only spend time because I also don't get results from 2018 until now.

[der_troll]

I do not think that mining is still profitable at the moment, besides you have find a way of how to mine without electricity  We all need to wait till the market situation would get much better and if BTC would cost 10k USD again, there would be enough profit from mining for everyone.

[Okity21]

I think that mining is a decision that needs to be made deliberately and carefully.
First of all, it entails financial costs, and you also need to know very deeply the processes occurring in the market.
Without the experience and knowledge of the market features at the moment, mining is very risky.

[qwerty1337]

We need a new inflow of investments, I think that with the recovery of the market institutional investors will come and there will be active growth

[renault18turbo]

There is a new coin, some of the people call it new bitcoin. It is another anonymous coin - grincoin. I have heard that mining cost is like 0.7$ and the current price is around 10$. Not a bad case so far.

[MidnightWolf]

There is a new coin, some of the people call it new bitcoin. It is another anonymous coin - grincoin. I have heard that mining cost is like 0.7$ and the current price is around 10$. Not a bad case so far.

Perhaps you are right, but this information needs to be very carefully checked, since bitcointalk covers quite a lot of information that mining today is not a profitable activity and many miners have retired. Of course, in the first place, this situation was caused by the poor state of the cryptocurrency market, but everything could change.

[tonibyuzen]

I think that the POW algorithm is already quite outdated and today, mining has become a business for rich people or groups of people who have the means to buy expensive equipment. In my opinion, the transition of many coins to POS mining will allow more people to become part of the coin community and benefit.

[romelitounknown]

Yes of course, who said mining isn't fair? Mining are always fair and still a good investment even in these bear market IMO.

[Ociwiw]

Mining is still profitable, but far from everywhere, and it seems to me there are few such places!

[uniquark]

mining is dead. At current prices it's really unprofitable no matter what you do. most coins will die without the support of the community. market is dead. The problem is that most of you don't know it yet.

It only dies with most small mining investors. Mining farms in Europe and China are continuing to dig Bitcoin continuously day and night

[veekky]

My answer is no! Mining is in the past. At the moment miners sold out their equipment and they don't have any income. It is not for me, I don't like offline business.

[kidbounty]

Not, I don't think in this way, but you know, some of my friends have cheap electricity and they are in profit. As for me mining is weird at the moment, I know more profitable ways to earn money!

for those who have been mining for more than 2 years, they may still be able to make a profit. but in contrast to those who have just joined, it is definitely not profitable for the high cost of electricity and maintenance to make mining very difficult.

that's why I prefer POS than POW, but unfortunately there are no good coins that have a POS system.

[wheelz1200]

Not, I don't think in this way, but you know, some of my friends have cheap electricity and they are in profit. As for me mining is weird at the moment, I know more profitable ways to earn money!

for those who have been mining for more than 2 years, they may still be able to make a profit. but in contrast to those who have just joined, it is definitely not profitable for the high cost of electricity and maintenance to make mining very difficult.

that's why I prefer POS than POW, but unfortunately there are no good coins that have a POS system.

Depends no matter if you start now or 2 years ago, roi depends on a lot of variables one cant predict.  Is it harder, yes...is it still worth it, yes in the right conditions. 

[whirlcoin]

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?

mining is a good way of money making in once upon a time but seeing the right situation of mining it will not be a advisable job but a some of first you doing and continuing this job still now but then you people will not be advisable to invest in mining type of business because the investment cost will be more higher and the prophet was very very less that's why I am saying this.