Post
Topic
Board Mining (Altcoins)
Re: At what price point people will stop mining?
by
borox
on 15/08/2018, 20:25:46 UTC
I understand it depends on electricity cost and other "future value" thinking but at what price point of ETH, people plan to stop rig?

Under $200 most will quit or shutoff machines.

Many already have.


Hi,

I think that the ETH price will have a come back. It could be a good opportunity to buy some. For mining, I installed https://github.com/rainbowminer/RainbowMiner for now, since it tracks the electricity cost and skips miners, that aren't profitable or idles until better times. Also, it switches between algos and pools, so that I do not have to track, which coin is good for mining.

Regards
borox