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.
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.
Don't wait when others are also parking their rigs and waiting for a good price to start mining again. We already see a good sign that this price rally with continue. Starting your rigs right now even on a small profit margin is the best thing to do. Don't wait for the difficulty to raised to the roof before you start mining
One should still focus on reducing their operation cost, lowering their electric and making some changes, and spend more money on more efficient cards or specific asics. From a line of work & accounting perspective, The idea of just mine now to break near even with electric and hope prices go up higher is worst than just buying coins with cash.
The miners that are waiting on the sidelines will just get roasted by the pro miners that can keep cost down. It's a different ball game now. No more noobphoria making $5+ a day with a single gpu. People are wiser now and competition is a lot more fierce