Post
Topic
Board Mining (Altcoins)
Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
by
adaseb
on 09/07/2018, 20:30:27 UTC
I think history will repeat itself like it did between 2014-2016 and mining "might" be profitable again.


Basically people bought GPUs like crazy at the end of 2013 and first quarter of 2014. There was tons of GPUs mining. Then it cost more in electricity than profit so every quarter or so people sold their GPUs to gamers and left the mining world.

Then when 2016 came around... nobody was GPU mining anymore. And it took pretty much more than a year for the GPUs to be sold out everywhere.

Same thing will happen this time.

At the end of 2018... mining will become unprofitable. People will unplug their rigs... wait a year... still not profitable... then sell on eBay/Craiglist. When most GPUs get sold to gamers... that's when mining will become profitable again.