Post
Topic
Board Mining (Altcoins)
Re: Why is difficulty still very high
by
FP91G
on 12/10/2022, 10:17:21 UTC
I have 150 gpus turned them off and switched to DCA.  Bear market plus no coin near the marketcap of eth I don't see gpu mining being close to profitable for a good while.  Probably going to start  slowly selling gpus and see what things are like in a few months.  I'm always searching for opportunity and don't see any, even BTC difficulty went up 10% last adjustment.
Who will you sell it to, if now most video cards for mining do not even pay off the cost of electricity?
I disabled most video cards, but some mine with very small profit of a few cents per day, because it is very difficult to sell video cards now even at a price that is slightly below the market.