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RE: Cloud Mining Crypto's

in #mining7 years ago (edited)

mine when price is low, to my knowledge, I'm not saying that it's so but i believe, if the price is low, there'll be less miners interested , meaning, that difficulty will decrease yes? take my mistake for example, i had 1000 chc last week, i sold it all due to it's low value, i didnt see it going anywhere even though my peers advized me not to let go. it was worth 0.05 last week now chc is worth 6.47. I hate myself

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holy shit! what is chc? but yes, your reasoning makes sense