Quote from: Siren on October 28, 2018, 04:16:21 AM

Quote from: Shatterlean22 on October 13, 2018, 07:03:40 PM

The future looks brighter for bitcoin mining and other mineable altcoins out there ,like cryptonight and ethash ,IT companies are already rushing to start manufacturing 7nm chips and hardwares that would be based on those,this is good news cos with 7nm mining will be profitable again and AMD too among others is already producing 7nm based GPU with 48cores ,I thought mining was done for, another one again is a based Japan company called GMO internet group, they are already working on new ASICS with same 7nm chips that will deliver 10TH/S with power consumption of only 500watts which is twice as efficient as bitmains Antminer s9 that draws 1,372 watts with output of 14TH/S , its not the end but the beginning as we will see bitcoin breaking the TeraHash boundary and GPUs with 7nm? Miners will be happy about this. What are your thoughts about this ?

In this market situation?Mining will only be beneficial to those who lives in areas with lowest electricity prices,because with the smaller value of cryptocurrencies theres no place for miner to gain

My brother use to be a miner,but now he quits because of what he earn from mining is only enough to pay for the electricity billings,things that made him mad and stopped mining activities.this is the sad reality of crypto miners now

Bitcoin is volatile by nature, it also has its ups and downs but I don't think it can ruin its excellency. Bitcoin has gained so much trust and interest of people from across the world. Its demand is increasing and can potentially recover from crash. Bitcoin has more in developments as technology continues to evolve and it's extremely possible that its future will be brighter, be more progressive, and be widely-adopted.