Post
Topic
Board Mining (Altcoins)
Re: Mining earnings are terrible, I'm shutting down for a while
by
Marvell2
on 12/02/2018, 22:18:03 UTC
Man, I'm honestly glad to see some people tapping out. Now let's see the flood of used GPUs hit the streets.

Amen brotha

Its already started with some of the asics

Asic profitablity has gone to hell thats why, bitmain cant even sell thier asics anymore when they were going like hotcakes back in dec.

Hopefully these newbies have learned the cardinal rule in mining profitablity and success - " NEVER OVERPAY FOR HARDWARE"  if you buy a card that is retail at $370 for $800

or a card of retail $700 (1080ti) for fucking $1300 not only can you not resale the card anywhere near that price in the long term future, but buy paying such a high premium you

expose yourself far more to the fluctuations in crytop prices so like this Idiot OP, 30% drop in earning hits you 100% harder than they guy who maybe paid 10% premium on thier gear.

These geniuses though think we are trying to discourage them when we tell them its better to buy the fucking coins atm than get ripped off by vendors

/sigh