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 :-=).
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
We live in a community where these people dont care about this, saw eos rose today 20% and is not even its fork going on, it makes no sense for it rising like that, eth yes, monero yes, cause those coins will be forking, now, eos no, xrp no, so the same thing can be said for the 7nm gpus, my point is, they buy 7nm gpus regardless of it gives performance or not, they dont care, put the bill on the credit card company and gambles on, total dementia, that is the reason why coins crashed so hard, the same people making mistakes and mistakes, over and over.
ETH soon to be around $210 at least, if not then eth mining is closer to death if same difficult continues, see easy money right, sounds like but its not.
BTC is only rising because of eth, everything is rising because of eth and eth itself is not rising like them hehe