Post
Topic
Board Mining (Altcoins)
Re: I Turned My Rigs Off...
by
mak013
on 21/05/2019, 07:54:44 UTC
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/difficulty

Honestly I'm undecided to Sell my 480's or still fire them up
Got a couple of 570 park it up and don't know if I'll be able to generate something as the electricity price from where am I is really high,
will try to find new coins that have potentials and try some luck when fully decided to turned back my rig on again.
When difficulty isnt really that high lots of miners do really still managed to get some profits but the margin keeps tighten as it rises
and power cost is one of the factor.Im actually on the same foot as yours,im still parking up my rig and waiting for the right time
if i do see some opportunity to mine at profit but for now im not stressing too much myself on seeking those chances.
I cant imagine what electricy cost you have, can you say it? For me mining is profitable until $0.25 per KWh and i dont see such costs anythere. Of course its that time then your equipment is paid off.