Post
Topic
Board Mining (Altcoins)
Re: I shut it down tonight boys.
by
dimpsk
on 25/05/2018, 05:15:44 UTC
The OP shut it down and I added MORE gpu's,  One of us screwed up...and it aint me. Wink

What is the price of your electricity?
4.8 cents /kwh

Mine is double what his is ... I never shut anything down.  If the OP was paying 25+ cents per kwh, then I can see why he decided to get out.  Shutting rigs down isn't the right thing to do though.  Either keep them running or sell them.  Shutting them down and letting them sit is one of the worst ideas.

You are such a funny boy. Mining at 10 cents/kwh is not profitable at all. It's just a waste of time and bit money. Better try fishing or smth like that Smiley
Let me draw it out in crayola for you.  You mine... You mine coins of whatever altcoin.  You hold until value goes up.  You then sell when the value exceeds what it cost you to mine.  Its not really difficult amateur.  And whats this "funny boy" crap? Im a grown man (47 next month).  You seem to be the one with the mind of a kid and the financial experience of a 5yr old.  You need to do some more reading across the net and comprehend what you read and learn from it.

If you think like a funny boy you are acting like a funny boy no matter how old are you.
Mining is not profitable now at all if you mine, pay 10 cent or more per kwt/h and sell your coins on market.
That is obviously if you had some calculator.

Mine and not sell now but hold coins is another story which has nothing in common with profit. Cause you still paying for electricity but have nothing in return. May be your coins will rise some time. May be not.  Doesnot matter at all. Anyway better to buy it directly at market. If you had strong face and if it rose someday.