Post
Topic
Board Altcoin Discussion
Re: Do you think mining is still fair
by
Pontorez
on 20/12/2018, 08:27:56 UTC
In Q3 2018 market is still a blood bath. A lot of people that involved in crypto losing theirs hopes on a quick moon. ICO market is down. But difficulty of mining is growing up. We need more powerful processors, GPU and so on. Mining was created to give ordinary people get some free coins. Another hand big companies joint into monster to dig more digital gold. Simple person is out of this business. To support a node of ethereum you need more space every month and you get no reward. Do you think its fair enough or we need some new architecture to give mining a new life?

At the moment, the whole market is going through hard times. Therefore, mining is also no longer a very profitable and promising solution. Unfortunately, the amount of income here has really dropped significantly lately. It can still be profitable if it is possible to buy equipment profitably, but I'm really looking forward to the rise in price of coins.