Post
Topic
Board Economics
Re: Mining coins save or sell it?
by
erikmatik
on 18/09/2017, 09:37:21 UTC
If you keep mining but you are keeping it, how can you sustain your mining? We know mining isn't cheap, power consumption is expensive. So there will come a point that you have to sell some of what you mined for your operations cost. Just like having a business, profit comes after you subtract expenses from your income. And maybe you mine for the goal of having excess coins for profit. Just so to know if your mining is really profitable or not.