Is mining dead?

09-10-2018, 09:56 PM

YaBoyBlu Wrote: Bunch of media coverage was sighted in on crypto a few months back, everybody and their dog wanted a piece of it so a bunch of people started buying up crypto and mining rigs which made the value shoot up for a while.

Now that the hype has died out, and people aren't making as much as they thought they would- they are selling their mining rigs.

Because of the massive drop in people interested, the market is down. I highly doubt it's going to stay down though, just give it time to recover.

Remember, for every up there is a down. It's only a matter of time.

Totally agree, everything is going to go up again. While all the money has left the market the whales and market movers are buying more of it.