Post
Topic
Board Marketplace (Altcoins)
Re: Sell rig
by
leowonderful
on 24/10/2017, 20:50:55 UTC
I've been wondering why there's a lot of people that are selling their mining rigs? Mining is dead?
A lot of people bought in back when ETH mining was much more profitable and are now having buyer’s regret, so they’re selling their rigs (or electrical costs made it not so profitable anymore). Mining isn’t dead but right back to about where it was before the big mining craze.

I would disagree with you on that one. For me why im selling hardware is to make room for new hardware, or need to liquidate to pay for new orders. An "upgrade" for some.
Can be alot of reasons. But i get your point, some inexperienced miners finally realized they are not able to buy a lambo from mining with a few rigs.  Cheesy
There’s not much reason for an upgrade as it stands right now though. RX 400/500 series cards are still largely profitable, same goes for the 1060/1070s. Unless you’re truly running some older 300 series cards or 200s or just trying to snatch some X11/Scrypt ASICs, there really isn’t a reason to do so.