Agree, that's the crypto basic. Like the whole crypto market is not really profitable untill BTC is UP to about $11k for a long period of time
Yeah, all cloud mining services have difficulties now since btc rate is impossibly low for profitable mining.
It can be profitable only with really high prices, we've seen it last year. All other time it wasn't very profitable, let's be honest, and now it's a complete mess.
Hi I heard Genesis also has problems, is it true?
Yeah, all cloud mining services have difficulties now since btc rate is impossibly low for profitable mining.
It can be profitable only with really high prices, we've seen it last year. All other time it wasn't very profitable, let's be honest, and now it's a complete mess.
The thing is mining difficulty always increases as well; so by the time btc hits 11k who knows how much exactly we gonna need to gain real profit. Anyway, with current prices it's pointless to discuss it.
So many details
10/11 k seems like heaven in comparison with current rate no matter what 