Anyone else thinking mining is becoming pointless? Especially with the rise in BTC value? Most alt coins have plummeted. I normally cash in my alt coins but had .27 BTC worth of alt coins in Cryptsy last night. Today after a night mining worth now worth .16. I'm loosing money while I mine and don't even pay for electricity for it.
Alt-coins are definitely taking a hit, but I think it's too early to call this. In my most humble opinion, it's a great time to get into a few alts, which is what I've done this morning.