Post
Topic
Board Mining (Altcoins)
Re: Is GPU mining really dying?
by
Bitbtc8
on 02/11/2021, 16:55:34 UTC
What do you think about staking rewards Vs mining rewards? With the looks of things presently I fear that GPU mining is dying cos look around you how many new projects are adopting PoW algorithm? Mining 5 years ago was better than mining today, every new projects are talking about APY returns and staking only, what do you think? Wrong or not?

For me mining is better today than it was 5 years ago.With a simple 300 Mhsh GPU rig I have I am making about 20-23 USD daily.Of course this same amount of 300 Mhsh could have produced more Ethereum back then but the price was cheaper,way cheaper at that time.Also the difficulty now is really high compared to that time but overall I am making more money by mining now that I did when I mined 5 years ago.

For me GPU mining is still long from dead and will continue to be so for some time to come.
In 2017 a 300MH on ETH will earn you more than 30$ per day ask around from those who are aware of the insane profits when bull run started in 2017, mining was so profitable at the time even when ETH wasn't as high as today l, do your own research