Post
Topic
Board Mining speculation
Re: hmm mining profitability this year? Will it drop like oil price?We need an OPEC?
by
stompix
on 01/03/2018, 21:15:39 UTC
Looking at the current mining situation.
Sigh, I did not want to be correct about this Sad

Correct about what?
About this one below?

Man, I hate to be right on this. Mining is so dead now.

Weird that transactions are getting through so somebody is mining blocks and difficulty is going up..so it's quite the opposite.
Bitcoinity is showing a 7% increase for this period.. so no , not dead yet

Yep, and I mentioned that is the problem. Do not assume that price will go up 10 times in a year like it did last year....
Very unlikely this year. The major pop has occurred.


This major pop that has occurred....what was it again?

Really you sound just like those guys that were saying shale is dead, shale is bankrupt, shale industry debt will be the reason banks will enter another recession because of the huge sums accumulated, and so on. I suppose I don;t have to tell you nothing like that happened.