Quote from: Techray on December 01, 2018, 09:30:21 AM

Quote from: Indamuck on November 30, 2018, 01:49:17 PM

We aren't at that point yet, sorry. There are a lot of people with free electricity that are profitable with old miners. I realize someone is paying for the electricity but it's included in their rent or someone else is paying for it so they don't care.

This may be the best time to jump into mining because people are quitting and the hardware is dirt cheap.

I agree. For the ETH mining, if you use the nVidia 1080Ti and $0.1/kWh mining, it is not profitable. But the hash rate is still there (200Th/s). It means people have much less electricity price.

As far as free electric. Thats not even a thing. Trust me these networks wont be secured off a few people with free power included with rent or whatever scheme they have going. Because like all schemes/scams that are crypto time will weed out the crooks!

They are all running ASICS to your gpu. Its like taking a horse to race nascar. Proof they have been running them a long time. Hashrate is dropping at least. This is the first major hashrate drop since crypto came about. Its always been on a steady climb up. Its def a sign🤓