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
Exactly, we should mine it before only once the price starts increasing we might make a higher amount, now almost we have to spend half of the money for the sake of mining. Once the price starts increasing many people will start mining the Bitcoin which makes us more difficult to mature the coins.