Post
Topic
Board Altcoin Discussion
Re: Alt coin mining profitability - What am I missing?
by
limbaugh
on 29/11/2013, 10:18:12 UTC

Obviously if the coin prices on FTC drop that math doesn't work.  Other than the risk of price drop, what am I missing? This just seems too obvious and too easy.



It's an unusually profitable time. Mining is a low profit margin, don't be fooled. Most months you are scraping enough just to pay for power. Honestly I had most of my rigs boxed and ready to sell a few weeks ago. Unboxed them to mine some TAG.