Post
Topic
Board Mining (Altcoins)
Re: Waiting for bear market to build rigs once again
by
rdluffy
on 26/04/2021, 18:20:40 UTC

How do you define "profitability" of mining? Smiley Are you selling your coins to $ immediately?

I follow the market and my knowledge, but most of the time I:

Sell ETH for USD to pay electricity, with the remaining amount I sell some to USD, convert some to BTC and hold some to sell in a ATH

It's working well for me, I don't mine at loss because I prefer to turn off the rigs and buy coins directly in a bear market and wait until the next cycle