Post
Topic
Board Mining (Altcoins)
Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v10.0 (Windows/Linux)
by
MatthewClark
on 16/10/2017, 11:22:53 UTC
Lol how to get profit with mining. I have loss so much money for electric  Cry

It's somewhat hard times for miners right now.

Since the boom that happened over the summer there are a lot more GPUs driving up the difficulty lately. Add to that a bit of a downtrend in the alt market because of bitcoin forks, and you have the current situation.

Still, I don't think it's as bad as it was in 2015. The way to get profit is to hodl and look for undervalued projects. After the fork to 2MB blocks alts will probably recover.

As you know there are hundreds of coins and most of them have own kind of niche. Especially with GPU mining, you can switch between algorithms fairly easy. The key is to find them, mine them and sell for more demanded currencies...