Quote from: Pencila on September 19, 2016, 08:29:09 AM

Quote from: shinratensei_ on September 11, 2016, 08:23:32 AM

Quote from: salmanahmedone on September 11, 2016, 06:58:19 AM

Also If you say it would hit as low as $300 then a lot of miners would probably stop cause that means their payment just got halved, why would they continue? That being the case, bitcoin circulation would be more difficult.

That's just a simple answer because for defining doing the mining is not profitable in this time a lot of people just considering from 1 perspective and they're not considering from the another reason from halving.

If your electricity price is low and heating is not a problem, you can continue mining. It is still profitable.

It is better to mine with the newer cards. The resale value is also quite good and you can mine more efficiently.