Re: if you live in the EU, watch your profit. I've already turned off my rigs.
if you are in here for some time you will know for sure that everytime prices went down and mining diff went up you will see a lot of topics about how gpu mining is dead and isn't profitable anymore but that's of course if you are a short term miner and you are cashing your mining profits on a daily or a monthly basis but if you are in for the long term then it won't matter at all that for sure applies for the people who has a cheap cost for their mining not everyone is paying very much for electricity
sorry but if you are a miner just to hold, that's nonsense. In that case (holding) it's better to buy directly the coins , save your money on hardware and on electricity costs and win as much as possible when it goes up (if it ever does) with no bills to pay.
a miner, a mainstream miner, is the one who cashes out everymonth to pay the bill and enjoy the profit. i can accept that as prices are too low, you can consider mining to hold , paying the bill out of your pocket and wait for better times.
But that IMPLIES THAT YOU THINK IT WILL EVENTUALLY GO UP. So at this very moment i ask you to tell me a reason, argument, data, technical analysis or whatever you consider to believe in that. (i do not accept your faith or your beliefs or thoughts as an argument, that's bullshit)
i know lots of miners entered in this industry just to make a decent income on a monthly bases but we all know that (crypto market is new and anything that is new takes time to get adopted) and once it does you will see the change, and about if iam basing my hunches on feelings that's totally wrong what i can tell you if i started mining some project and if i look at their roadmap and found something like an atm intergation of the specific project will be let say in 2019 and i trust the development team because i see they haven't lied about any of their claims so far so i know that this i know that this coin will go up when the roadmap is complete or a part of it anyway, that's how everything in life works buddy