Hello guys,
I'm thinking about setting up a small mining farm in Malaysia. GPUs are cheap these days and power costs are low there, too. Although crypto currency charts have been going sideways for a while, I believe in the technology of blockchain and expect prices to rise sooner or later.
I am curious about your opinions: will future blockchain projects turn into proof-of-stake systems and make miners unnecessary? Or will mining rather be required to run those projects?
In other words: do you believe mining will still be profitable in future considering crypto currencies will continuously increase mainstream adaption?
Thanks for your insights!
Exl
I suggest you to move to Venezuela (Seriously) if possible. Check out this image
$531 to mine one
bitcoins. What more you could expect.
Good luck.
I've heard they have been searching and arresting people who have been using the electricity there to mine bitcoin. also the country is in total collapse.