Post
Topic
Board Mining (Altcoins)
Re: Will mining profitability keep going down, or will it stop - or increase?
by
ccccccc7
on 04/07/2017, 16:44:21 UTC
Mining profitability for me is declining rapidly.

I'm almost making the same fiat value as back in November but much much less coins.  Angry

This is troubling for me and I'm at 300%+ ROI so there must be thousands of salty noobs out there who just invested thousands at these inflated hardware prices now wondering if they will ever hit ROI.

Everyone is different, however, I believe most of the new comers to crypto are here for ROIZ and mad profits only and don't really care about the emergence of this industry of financial freedom.

This bunch of money hungry profit driven ill-informed noobs pouring money into the ecosystem and cashing out both coins and hardware with weak hands is a real risk for the entire ecosystem IMO

I hope history isn't going to repeat itself here