Money Talk

Is mining dead?

Submitted by NetDiablo, , Thread ID: 103215

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NetDiablo
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09-10-2018, 07:11 PM
#1
So market is down and it's very hard to earn crypto while mining. What is your opinion about crypto mining.
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RE: Is mining dead?

remute
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09-10-2018, 07:14 PM
#2
I dont know how farms are made from video cards, but they still infect computers with miners.

RE: Is mining dead?

YaBoyBlu
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09-10-2018, 09:56 PM
#3
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.

RE: Is mining dead?

hiroshidw
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09-10-2018, 09:59 PM
#4
Crytpo mining are not dead, just sleeping my friend. My rigs are off till ETH valur become at least $ 400

RE: Is mining dead?

esqwar103
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14-10-2018, 08:21 AM
This post was last modified: 14-10-2018, 08:22 AM by esqwar103
#5
I don't think so but this is a very great post though

I don't think sometime but this is a very great post though

RE: Is mining dead?

Angeliqueoh
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17-10-2018, 02:56 AM
#6
I was wondering the same but if the mining rigs are cheaper now how come i can't find any for a reasonable price if anybody can help me find any i would appreciate it

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duhaiwe
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17-10-2018, 10:17 AM
#7
I've never believed in success with mining and I do not believe in it right now. It requires too much resources and money in an unstable crypto market. Maybe 5-6 years ago mining for bitcoin made sense.

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MattGTX
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17-10-2018, 10:40 AM
#8
i tried mining on my 1060 6gb and was only making 1.50 a day it seemed pretty pointless for how hard it was pushing my hardware

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anoniband
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18-10-2018, 12:31 PM
#9
I recently tried mining with my 1080ti and earnings don't cover the electric, its not like it used to be, I think too many people have made the difficulty go up.
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totoloka
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24-10-2018, 12:57 AM
#10
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.
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