Post
Topic
Board Speculation (Altcoins)
Re: Time to get back into mining?
by
piebeyb
on 07/11/2019, 15:46:35 UTC
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 ?
interesting idea, just a little advice is certainly better if you mine some newly launched altcoins, at least it's easier to get more altcoins at the start of the launch usually the amount of block reward income is a bit bigger

If you have to mine an old altcoin it seems like you have to see a high amount of diff will make it harder to get more supplies because the amount of block rewards is also small, sometimes people are more likely to buy on the trading site than to get it from mining