Lol shortage of electricity. I really don't understand how that works. But I'm get 40 cents peak time and about 20 cents average. I was making a bunch of profits when eth was ath. But now its crashing like a mofo. Everyday my profits gets less. Eth hashrates are down too. So I'm not sure.
I was thinking mining during a bear market But my mining profit drastically decrease also. Killing two birds n one stone.. oh well I'm a hardcore btc investor. Mine 4 yrs and earn 500k.. lol if history repeats itself.. but with some trading cus eth pow will likely end . And I have to switch to $ergo.. thats when mining is less fun. Cus of shitcoin..
Friend. If I had such electricity prices, I would not even start mining. I know that each state has its own electricity prices, but as soon as the price of Ethereum drops or Ethereum changes the algorithm, then the mass will have a huge sale of video cards.
Other coins will be unprofitable at these electricity prices.
Well you are right but he already jumped off the bridge so to speak.
And if we plunge a bit more he will be in the red and looking to dump cards. At a small loss if he is lucky.