Good call here. I added a lot of gear in the July to October timeline.
It's amazing, back there eth was just 200 usd, now is 1700 usd, bull market is really crazy, bear market is as crazy, soon everything will crash hard again just like in 2018. So my advice is to sell eth and dont look back, yeah it could keep increasing in price but for now it has a very high chance to crash to 200 usd again and then the bear market will start again. Do not assume eth or cryptcoins will go up forever or it will stay at the current price, crypto market has cycles and the bear cycle is almost upon us. Do not end up holding the bag, in 2018, coins crashed 95% or 20 times its all time high price.
lol this isn’t even close to 2017 , we were close to 1 till market cap bCk then this more of a recovery after three years of bear market in crypto. when eth doubles its ath or maybe even triples it then we will be in full time bull market mode
But for miners profits on eth are reaching what they were in 2017
The new gear uses less power.
and Eth fees are stupid high .
over 90 %
I get 190.22% at via btc
so an Eth coin for me is like 1.9022 x 1639 =3117
hashrate is 369 th it was 156 in dec 2017
coins were 1300 in 2017
2017. 2021
1300. 1639. price
156. 369. hash
3.5 2. watts per mh
125%. 192% via btc payout
3.3. 3.1. block size is almost equal due to fees
So we are getting closer to 2017
my lone nvidia 3070 makes over 6.60 a day
my lone nvidia 3060 makes over 6.60 a day
my 3 nvidia 3080 make over 29.00 a day
my lone 3090 makes over 12.25 a day
6 cards earn more than 54 a day