Post
Topic
Board Mining (Altcoins)
Re: I shut it down tonight boys.
by
gotminer
on 06/04/2018, 12:09:32 UTC
Even when mining will be no more profitable for me, i wouldnt shut it down. So maybe you make no profit for some weeks, but do you instant sell your coins to pay your bills? When im mining, im holding everything i mine and sell it when the price is high. So when mining is not profitable, i just continue to mine and hold the coins. But when its really to much minus, i can recommend you, to buy cryptocurrencies for the money you would pay for the electricity cost of your mining rig.

By the look at the current price movement, I think you'll be waiting a more longer. Holding and waiting for the price to get back are for those who big investment, with the bloody market right now and we still don't know when it'll end, I think OP is making a good decision.

Agreed with. Money should be counted.

OP already turn back on his Rigs, I guess he still survive despite of blood bath

I turned em back on but Im switching back to Monero. The difference in revenue is negligible but the power demands are less than half that of neoscrypt. 6950 is only using 50W, and R9 270X is only used 80-100. With Neoscrypt the 6950 would use over 100W and the R9 270X would use a staggering 180W.

Lol ... And the market is worse now than it was when he turned them off.   Grin