Post
Topic
Board Mining (Altcoins)
Re: Miners - What do you do when Difficulty jumps?
by
philipma1957
on 08/09/2017, 11:49:34 UTC
Hello Miners.

Just wanted to discuss how some more knowledgeable miners who are mining for over 12 months.

Please share your views

1- Do you think or believe mining Alt Coins or mining from GPU - will ever finish or completely die?

2- You believe difficulty is going to rise, so how would you cope up with it?  a) Reinvest in new cards b) Keep on holding the AltCoins that you mined c) Or what.. please advise..

3- With the NetHash pumping... what alternatives do you plan or look in to?

4- If God Forbid, Alt Coins or Crypto Market completely vanishes.. Which is highly unlikely... what risk measures have you pre-planned up..


Thanks in advance for your input...

1) NO it won't finish or die  but it could become a losing game it has before.
2) There are so many coins to mine  that  I look to switch. I hold 2 coins BCC and BTC  all other coins I convert to BTC .
3) do not understand this question.
4) I sold  enough coins that I would simply power off the gear.  I am far enough ahead that even with 30k in idle gear I turned a profit. I might do folding as a way to help humanity.