Post
Topic
Board Mining (Altcoins)
Re: ETHPoW
by
FP91G
on 25/09/2022, 12:23:13 UTC
ETH pow is presently trading at 13$ per coin, I saw this coming as it's already too oversold, it was 8$ days ago and I was waiting for the coin to crash down to the 5$ range but now I think it's not going to happen again, hopefully the mining difficulty goes down in few months later.
Mining of this coin is now unprofitable, as well as other forks. And on expensive video cards, the profit is so minimal that the payback of video cards takes several years. Until now, there are a lot of video cards in mining, and many miners are looking for profitable coins.