Post
Topic
Board Mining (Altcoins)
Merits 1 from 1 user
Re: The fate of crypto mining
by
Coinfarm ventures
on 20/03/2022, 21:31:47 UTC
⭐ Merited by Bitcoin_Arena (1)
In the end it all depends on how we look at mining,the most important thing is to never give up and continue mining even in very difficult situations,that's the key to success.

As an experienced miner who has been in this game since 2013, the key to success is not buying equipment for bloated prices, especially when we know a crash could happen in 4 months. I'm going to sell all 3 of my rigs in May/June, then buy them back at a fraction of the price around August. We can't expect another PoS delay as of now.

The miners who will win are those that build rigs when the market is in a panic. Those who scooped up RX 570's for $90 each in late 2018 and are selling them now made a killing.