Low profit + massive dump = game over for miners right now.
If i had my machines online, i would be losing 10$ per month mining ETC (after electricity bill) and winning around 15$ per month mining ETH.
No go. The question is: are so many people mining at loss ETH? Or is it that ASIC can still make some decent profit and they stay online after a massive 20% drop in price???
If i had my machines online, i would be losing 10$ per month mining ETC (after electricity bill) and winning around 15$ per month mining ETH.
No go. The question is: are so many people mining at loss ETH? Or is it that ASIC can still make some decent profit and they stay online after a massive 20% drop in price???
Sounds stupid, but I had seen peeps mining at a loss
Their reasons? I guess, Diff low, and HOPIng for a bull run
My RX are still collecting dust, might be a month or two, have to bid farewell with them, just trying to see GPU price changes on a holiday season