Ninjastic
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Board Mining (Altcoins)
Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
by
KaydenC
on 20/01/2019, 06:20:17 UTC
Quote from: philipma1957 on January 20, 2019, 06:09:04 AM
Quote from: adaseb on January 19, 2019, 06:09:27 AM
Quote from: KaydenC on January 18, 2019, 04:22:49 PM


We need $400 eth + ProgPow to revive gpu mining.

I think the ProgPOW alone would be enough to revive GPU mining. The price right now sets break-even for people with 10 cent power costs which is the average. I remember when ETH temporarily was at $160 last week and the profits were already looking a little better.

If we get ProgPOW actually and soon then it would level the playing field with ASICs and we might see some decent profits again. And then if you HODL the ETH coins you might finish the year at a great profit level.

However the way that the ETH dev team takes their time with all the updates and delays, we might not see ProgPOW until the end of the year.

ETH AT 500 WOULD BE HELPFUL

Let it stay down another couple of months while I build my stack  Wink

I moved away from grin mining. 24 hours later, still no payouts (it takes 1 day to mature though), and price crashed 60%.

Wasted couple of hours, but at any time I can switch my 1080tis back to grin if needed.