Post
Topic
Board Mining (Altcoins)
Re: Mining in my country (your opinion)
by
Mo20
on 02/04/2018, 02:36:07 UTC
Well, this is certainly a good rate as electricity does cut into ROI, but the other big issues are getting cards at a decent price and where the market is going. New cards are coming down though may never go down to where they were, but the second hand market is dropping fast, especially for 1070s.

As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.

Bitmain antiminer G2 is back in stock on their chineese website for 16,700 Chinese Yuan which equals to 2,648.79 US Dollar. OP keep your eye on Bitmain English site in case it becomes available. G2 specs are incredible for the price (assuming no new devices are coming out soon).