Post
Topic
Board Mining (Altcoins)
Re: Before you get HEAVILY invested in ETH Mining you should read this
by
miayama
on 29/02/2016, 10:26:08 UTC
You don't have to worry about ASICs coming in and start mining ETH.

You should worry about the GPUs that everybody is buying right now and increasing the hashrate or that price won't crash.


you should worry more about those with cheap electricty, those are the real plague that promote centralization, gpu or asic
Yeah mostly the Chinese, at least ethereum is still profitable with high electricity costs right now

The Chinese have cheap electricity. But in some Arab countries, they also have cheap electricity. They can mine a lot of the coins.