Since all this while that mining altcoins have not been profitable like before i don't bother to keep mining coins so i just lock my mining rig in a room and now that bitcoin halving is knocking on the door i think its a good time to start mining even if its not profitable? i believe if bitcoin surge over 30k altcoins will take the ride we've been waiting for, anyways, what do you guys think? good idea or bad ?
Do you really think entering into mining at this stage would fix things, As there is a huge investment behind a mining setup. Which coins do you all suggest for mining.
On the other hand....the original folk that got into BTC were mostly miners. That is how I and my peers got into BTC/Crypto.
It could be the same thing, only with big investors, in 20/20 hindsight it probably would have worked no worse for me tho HODL coin back
in the day than mine. But on the other hand, the physical item, the 25% off equipment depreciation, a business....the folk with more $$$ then
sense like I used to be, back in the day. Or institutional money may be more 'comfortable' with this as an option to get BTC/Crypto, then flat out buying BTC/Crypto.
Unsure, but I know back in 2013 when I 'drank the BTC kool-aid' ...I went frigging crazy on mining coins for fun and profit.
Maybe, its the same, only we are attracting new 'newbies' with deeper pockets and/or institutional $$$ to blow in the usual newbie optimistic way.
just saying
Brad