Post
Topic
Board Mining (Altcoins)
Re: Will mining altcoins on video cards be relevant in the next bull cycle?
by
swogerino
on 25/05/2023, 20:04:38 UTC
We saw 2 bull runs in 2017 and 2021. At that time, mining brought a very large profit, sometimes a video card paid off in a few months.
Do you think that next alt season will be profitable mining and video cards will rise in price again?

That is a question which also has the answer in itself if you look at the data,miners made a lot of money in such times and they,the winners did not start mining when crypto reached these new all time highs,they were mining a whole long before this happened.In this time the "losers" started to appear in the market making the prices of video cards skyrocket to never seen before levels and by "losers" I mean the people who came in after they saw the new all time high and they were in for a quick buck.It is exactly these persons who lost the more and sold everything they bought at a loss because mining is not for a quick buck but is a long process that in the end rewards the patient ones who believe firmly in the future of crypto.