Quote from: salary123 on January 18, 2018, 04:14:42 AM

Quote from: roberval123 on January 18, 2018, 02:28:56 AM

Quote from: Speedie on January 17, 2018, 11:19:40 PM

Quote from: Atomicc on January 17, 2018, 10:56:47 PM

At this price level of 0.000025 mining is not so profitable Undecided

Waiting for price recover...

With young but promising projects like this, you're mining for what they will be worth rather than what they're worth now. The price is currently (arguably) depressed anyway as deposits had been all but impossible until recently. Now you're seeing a lot of pent up dumping from the terminally shortsighted .

Mining XMR wasn't terribly profitable a couple of years ago when it was $0.50 or so. How many mine and dump operations wish they still had now what they dumped back then I wonder?

+1

Mining to chase profits is what nicehash does. I love mining the ones no one knows about but have potential. When I started SUMO it was 0.30c, it shot up to $10 for a short while. Mining 3-4 SUMO a day at 0.30c was not the most profitable at the time...don't chase the money, chase the project. It pays off in the long term.

The mine is making money all the time, and my friends are looking for new projects because of the potential for improvement

In this case, you need patience. And be able to wait. With sumo and xmr a good example.