Post
Topic
Board Mining (Altcoins)
Re: Why are profits so low?
by
minerja
on 18/02/2019, 17:43:01 UTC
I think soon mining will be back with new 7nm GPU's/CPU's/Asics,
Just remember- going down from 12nm to 7nm for AMD meant "Same performance at half the power"- so just this will make mining much more profitable :-=).

You're missing the point entirely.
Is not just the nanometers, or the efficiency, you have to consider the "whole", and the biggest problem at the moment is the value of the coins.
Unfortunately, the idea of anonymous / decentralised / "give the banks the finger" has been blown out of the water. Yes, you can do all that with individual coins, but when you need to exchange to FIAT or virtually anything you now buy, needs "KYC", therefore the interest is rapidly diminishing. I can't see any reason why BTC will rise from the ashes...i think this is its new level, which against worldwide inflation, will diminish in value each year....BUT, hopefully i am completely wrong Smiley