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RE: Do you mine crypto? Check out this tool I use to manage all my rigs
Are you quitting mining due to the increasing competition or maybe the FGPA mining?
Are you quitting mining due to the increasing competition or maybe the FGPA mining?
I stopped most of mining rigs a long time ago (3-4 months ago) when the opportunity to sell all my GPUs for list price after mining with them for a long time. Little did I know they would go up even higher, and profitability would go up even more.
I am still happy with my decision, it wasn't ideal timing but it was a very good time to sell them off. If I had a crystal ball, I would have kept mining.
Well, if you have a crystal ball, there will be more profitable things to do. Maybe use the money from GPU selling to buy some EOS RAM? Haha.
I've just started mining anyway, just a really small attempt with few GPUs and mine only newest and unknown coins, hoping to hit the jackpot someday.
You won't hit the jackpot mining, it's a slow trickle. You can accelerate that trickle with more investment, but it won't ever be a jackpot in 99.999999% cases.
Harsh truth it is. Guess I expect the same of what you have said looking at the crazy spawn rate of new coins everyday. Maybe I should stay away from those completely new coins but stick with something within top 500.
I hope you got the same energy in person 😁
I think the price of electricity in the country you are in will also be a big determining factor in terms of profitability. In my country electricity is cheaper in lower income group areas, so you have a better chance of making a profit if you mine crypto in the ghetto. :)
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Bad Steemian! Bad!
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@transparencybot you're on the @abusereports naughty list for being a super douche!
Bad Steemian! Bad!
Even in your own country, it varies dramatically, in the US I think it varies from 4 cents to 20+ cents a kwh.
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The time is near pussy