Don't venture into something you aren't completely sure about.

[Tytanowy Janusz]

idena is something interesting, its like mining with just proof of identity. this token must be very unique. I'm more inclined to participate in this project than something that you will have to buy a rig.

Yep. That's the only way for profitable mining without expensive equipment/big investment in shitcoins. 5$ VPS or even old laptop/PC, 40 min monthly doing touring test and you can start your mining journey. Rewards are not big now because price is dumped to the ground, but i guess it wont last long (only 3 mln$ marketcap for the most decentralized coin in whole crypto industry on the eve of the launch of oracle that will revolutionize oracle definition - oracle that use blockchain that has 5000 unique nodes with equal voting power)

[Squezzi55]

If you aren't fully prepared for what's coming don't jump into mining, miners have been in bad shape since last bullrun in 2017 to early 2018 and many shut down their miners, just because it's profitable to mine right now doesn't mine things will remain the same for miners, another thing to be worried about is ETHASH Algorithm, this Algorithm is the most profitable but the best coins on this Algorithm ( ETC and ETH ) are changing to POS and other algo soon, meaning your gpu will be less profitable too, it's better to buy coins unless it's your hubby already.

Its all about timing, just because mining coins isn't profitable at this moment doesn't mean there won't ever be a time where mining will be so profitable again, since everything in crypto space is all about timing that's why I engage in mining even if it's not profitable right now, I like trading in bull season cos it's way easier and lesser loss too, moreover there might be new coins that will be more profitable to mine in near future, probably more profitable than ETH and ETC

[sapnu]

It actually depends on them if they want to mine or not. Maybe some people want to mine some tokens because they have some resources to use and they can really earn in that way without making more expenses. There are some people also who want to mine but they have no resources to use, sometimes they want to mine tokens but the expenses like the power usage are so expensive so they decided not to mine. Giving time and effort to something you want is normal but you should make sure that you are making a profit with your way of earning.

[bluebit25]

If you aren't fully prepared for what's coming don't jump into mining, miners have been in bad shape since last bullrun in 2017 to early 2018 and many shut down their miners, just because it's profitable to mine right now doesn't mine things will remain the same for miners, another thing to be worried about is ETHASH Algorithm, this Algorithm is the most profitable but the best coins on this Algorithm ( ETC and ETH ) are changing to POS and other algo soon, meaning your gpu will be less profitable too, it's better to buy coins unless it's your hubby already.

This is a reminder that i think newcomers to this market need to pay attention to if you want to get into mining. The market is likely to reassemble what happened when, as you said in the past, mining becomes difficult and many people have to dismantle and sell miners, so good advice at the moment thing that everyone should be doing is keeping yourself the coins and waiting for the price to take profit.

[TitanGEL]

For me mining is now not a good thing even though there are now powerful GPUs that keep launching in the market, before I considered mining as good when the price of the bitcoin is still not high but now, I do not think that it is a good investment because of the expenses and also the time in order to mine coins. Even though I have a huge capital, I will not force myself to make investment in something that I do not have knowledge, I want to mine before but I tell myself that I'm not yet ready because of the maintenance and also my current knowledge and skills. I chose trading over mining and I do not regret my decision because I already have long journey wherein, I finally understand the basics and the foundation of what I'm currently doing. For those who will continue to make investment in mining, I discourage you but it is still your decision just make sure that you have knowledge on what you are currently doing.

[Ghondronk]

That is applicable not only to the cryptocurrencies, but also to a person's life. Without having a proper understanding on what you are doing, no-one can say that where are going to get ended up. You need to know:

• The meaning of whatever you do?
• The best way of doing it?
• Risk associated with it
• Opportunities you may get and so on.

[fullhdpixel]

If you aren't fully prepared for what's coming don't jump into mining, miners have been in bad shape since last bullrun in 2017 to early 2018 and many shut down their miners, just because it's profitable to mine right now doesn't mine things will remain the same for miners, another thing to be worried about is ETHASH Algorithm, this Algorithm is the most profitable but the best coins on this Algorithm ( ETC and ETH ) are changing to POS and other algo soon, meaning your gpu will be less profitable too, it's better to buy coins unless it's your hubby already.

And talking about electricity, it might be cheap but you can’t get it for free, and another thing is that it’s not cheap everywhere, it’s costly in most places. I have only heard that the electricity can be cheap in China, which I am not really sure about, but this same China has been locking down on Bitcoin miners and trying to prevent them from engaging in the activity of mining and selling Bitcoin.

One of the ways they are doing this is by tracing every bank transactions that has to do with crypto and freezing every account that’s caught related to it. That way miners will be scared that they are losing and then they will be discouraged. As for other places, electricity is costly.