Quote from: Za1n on April 01, 2018, 11:23:50 AM

Quote from: dimpsk on March 31, 2018, 11:29:04 PM

Quote from: Ultegra134 on March 31, 2018, 08:43:04 PM

Quote from: Oakey22 on March 31, 2018, 07:32:46 PM

You just have to do what you have to do. Unfortunately profits are at an insane low level. Too many noobs came in the mining place along with all the big money just buying up everything who can sit and ROI ovrr 2 years as it's still better gains for them than banks.

Mining was over-hyped, you could actually notice it on here too, there wouldn't be a single day without a newbie asking on how to get started on mining. Too many people joined the game the last few months which resulted into a difficulty increase, in conjunction with the current low price levels was enough to make mining borderline profitable for some.

However, with the increasing number of people shutting down their rigs and avoiding joining the mining game, it wouldn't be surprising if profitability slowly recovers the next few months.

May be, but you should take into consideration that many people just can't count. They are crying about ROI less then 1 year, even 6 monthes I heard. And they still buing new GPU and farms. So it probable takes more time

This. I still see plenty of new posts of people who have just bought or want to buy a new mining rig. It will take a lot longer than a few weeks to shake off a significant amount of hashrate to make things noticeable. Too many people believe a rebound is right around the corner to give up just yet.

I predict miners will need at least 6 months of no profits before we start seeing any meaningful hashrate drop, and even that will depend on how efficient the F3 turns out. If the F3 is very efficient, difficulty will never recover and GPU miners will be toast as no other coin(s) will be able to adsorb all the hashrate and remain profitable.

Totally agree. At least 6 monthes of bear market is a good estimation.