Ethereum has fallen below $200, reaching a recent low of $185 this morning at around 4 AM London time on reduced volumes of $1.6 billion during the past 24 hours
An ethereum miner said late last month that it costs $152 in electricity bills to mine one eth. Thats just $30 above ethereums recent low of $185 today, with the cost of $152 being just for electricity.
source:
https://www.trustnodes.com/2018/09/09/ethereum-mining-now-close-to-unprofitablei have most of my investments on ETH and now the $ vaue of those investments going down rapidly. What is the best thing to do now?
I'm sure Ethereum mining has no future because it is moving to POS now and POsS means
proof of stake where you need no miners, only hold your coins and stake. But I doubt price lows are because of changing to POS, development is proud of POS for ETH because of consuming less energy.