Quote from: Metroid on Today at 04:43:46 AM

Quote from: FP91G on February 02, 2022, 11:47:05 AM

Quote from: Piskeante on January 28, 2022, 11:28:11 AM

Considering in 6 months ETH will be unmineable and the rest of the coins will remain extremelly unprofitable due to difficulty, you have to be really dumb to start mining at this point.

You will probably not even be able to ROI your equipment in 6 months, and more than likely you will have to sell it at half the price you paid for it if you need the money.

NEW MINERS are the NEW MORONS.....

The biggest profit in mining is obtained in a bear market. The difficulty of many coins will drop a lot after the end of Ethereum mining, because the miners will sell video cards. If the light is inexpensive, then it will be possible to accumulate coins until the next good market.

I disagree, buying coins will always be a better option than mining coins, many topics about it already, while extreme good traders earned 50x or more this time around, extreme good miners have not earned even 5x. But I do understand when you say that, for some people mining will always be better than buying the coins directly, each on its own but the fact remains clear to this day, traders always earn exponentially more money, I guess only scammers earn more money than traders. Those shiba inu dev scammers earned quite good amount of money, and as soon as the bear market hits they will kill that coin and then rinse and repeat next bullrun with another scamcoin, shiba inu was just an example, too many scamcoins this bullrun and nothing different than 2017/2018 or even 2013.

I think most traders end up going bust, that's what famous traders say. And most miners always make a profit, even if you bought video cards at the wrong time, the payback period will increase to 3 years.