Post
Topic
Board Mining (Altcoins)
Re: Raven halving is coming in a few days, what about mining profitability?
by
bitart
on 26/01/2022, 09:34:56 UTC
Interesting
After the halving the profitability decreased by 25%
Today I’ve realized that NHOS has switched to ZHASH instead of the KAWPOW
If you are looking at profitability in fiat value, then it's quite self-explanatory. Bear market is already taking effect and in the coming days/weeks/months. Mining most alts will not yield any nice profit to keep you running.

Interesting
After the halving the profitability decreased by 25%
Today I’ve realized that NHOS has switched to ZHASH instead of the KAWPOW
If you are looking at profitability in fiat value, then it's quite self-explanatory. Bear market is already taking effect and in the coming days/weeks/months. Mining most alts will not yield any nice profit to keep you running.

It's the period of time when one has to be ready to mine and wait for 2-3 years for a bull run to be able to sell off the stash at good price.

... but I still believe there will still be a last bulltrap.
You bet?  Cheesy

I am more than confident the bear market already started. For this Bull run, the all-time high was 68K in Nov last year. The funny thing about bear markets is that you don't realize that they are on until it's too late  Wink
I’m looking at profitably in BTC because NiceHash gives the profit in BTC regardless the coin you mine
I know that all the cryptos has fallen now but l can wait for better times
So I only compare the profitability fő RVN in BTC and it has decreased radically since the halving has been done
This could be the reason why NiceHash has switched to ZHASH since then because they also calculate in BTC