Still Lurking and looking for a Great Timing, Not quiet sure if my 480's can still push and make some cents, checking on Price right now and seems its promising.
Difficulty is also starting to rise from Last months Low
https://etherscan.io/chart/difficultyHonestly I'm undecided to Sell my 480's or still fire them up
Its so depressing.
There are so many people just waiting to turn on their machines at the smallest upwards movement in price. This market has been flooded by people and I don't think it will ever be like the glory days.
Yep. Plenty of miners on the sidelines chasing scraps and ready to turn their machines back on if prices bounce up a little. I didn't cry about it though. I swung back harder. Shifted my operation from home mining to a colo mining with 3x cheaper rate than residential from 24 cents down to 8 cents. I installed some solar panels myself on my home so I can still mine a rig at home. Heck my solar panels have a faster ROI than my 20 series 2080 rtx cards and have much longer use 30 years.
People wasting all this money on gpus they should be investing in solar and learn how to install it themselves. But not everyone has the chops or skills for that and only a few will win and those that went solar will enjoy mining into the future and further lower their system ROI time. Any fomo idiot can buy gpus and try to mine hence we reached full market saturation. But not everyone has access to cheap power or knows how to install solar or wants to send their rigs to a mining colo to stay competitive. This what separates the boys from the men.
How much did you spend to mount you solar system?
I live in Brazil, we have a expensive electricity costs, I've been studying about solar system, but the cost is expesive to, maybe I can install and reduce the costs