Profit will going lower and lower as mining going more popular. It's so predictable..
Another reason is the fall of bitcoin affected mining profits, generally. When price of bitcoin stands at high, mining profits for all looks much higher.
Of course, profits will be higher if price for BTC or ETH\LTC going higher
if the price of bitcoin is higher, the complexity of mining will increase. therefore, profitability will decrease.
It becouse BTC have constant number (21M) so any new mined BTC harder to mine than previous. And when last BTC will be mined... You have to mine something else... ETH for example..
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BoardAnnouncements (Altcoins)
Re: [ANN] BatMine - Green Mining up to 55 TH/s 4 cents KWH
I think mining will move to a new level. There will be new equipment, and there will be new ways of interaction between major players in the mining market.
This is a matter of course. Technologies are progressing and evolving. It is clear that mining will also not stand still.
Yeap! All change now! Aaaand we need new, good, honest cloud mining platform!
You mean BatMine???
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BoardAnnouncements (Altcoins)
Re: [ANN] BatMine - Green Mining up to 55 TH/s 4 cents KWH
If the project is promising, it will easily collect money from investors. Indeed, according to statistics, only for 20 days of January 2019 about 100 million dollars were invested in ICO. And you say the crisis in the industry.
If these are the right numbers then the fees are really impressive. I didnt even think that projects today are collecting such money.
Not always. Ussual as good idea than less chane for success!
I'm tor agree with you. Good idea always find funds and users
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BoardAnnouncements (Altcoins)
Re: [ANN] BatMine - Green Mining up to 55 TH/s 4 cents KWH
Such a significant difference between 1 million for a soft cap and 19 million for a hard cap. This is a huge difference. Is it possible to differ so much in possible expenses? Please explain in more detail.
I don't see anything illogical. A common practice at ICO. To start the project is enough amount of 1 million dollars. And the purchase of additional capacity and over monyae development needs amount to roughly 19 million.
So you think sure that this project can be possible with so low softcap?
Sure it possible!!! Value of raised funde can ONLY make huge profit a little bit closer..
Hope so, pal. And you really think small number of mining machines can be profitable (for price of 1M$ for example)
As I know, for mining BTC - it's not enoght, but for mining ETH or LTC - it's perfect!
ETH mining? In 2019? LMAO
Any time is good for MINING ETH!!!!
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BoardAnnouncements (Altcoins)
Re: [ANN] BatMine - Green Mining up to 55 TH/s 4 cents KWH
Such a significant difference between 1 million for a soft cap and 19 million for a hard cap. This is a huge difference. Is it possible to differ so much in possible expenses? Please explain in more detail.
I don't see anything illogical. A common practice at ICO. To start the project is enough amount of 1 million dollars. And the purchase of additional capacity and over monyae development needs amount to roughly 19 million.
So you think sure that this project can be possible with so low softcap?
Sure it possible!!! Value of raised funde can ONLY make huge profit a little bit closer..
Hope so, pal. And you really think small number of mining machines can be profitable (for price of 1M$ for example)
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BoardAnnouncements (Altcoins)
Re: [ANN] BatMine - Green Mining up to 55 TH/s 4 cents KWH
Admin, I am interested in services you provide, As I understand using your services I can mine any crypto, can't I?
Not any. The Company will initially mine BTC, LTC, ETH, and a mix of proof-of-work based coins and scryptalgorythm based coins. Which exact coins we mine depends on the assessment of the profitability per coin over the current and projected future period. We keep a close eye on the market and when we see that one or more altcoins start producing better than what we mine at that moment, we can switch quickly to mining those coins.
IMHO mining some cryptos besides BTC and ETH it's just wasting of time and electricity
You're wrong, there are many good tokens, for example ... no matter
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BoardAnnouncements (Altcoins)
Re: [ANN] BatMine - Green Mining up to 55 TH/s 4 cents KWH
Admin, I am interested in services you provide, As I understand using your services I can mine any crypto, can't I?
Not any. The Company will initially mine BTC, LTC, ETH, and a mix of proof-of-work based coins and scryptalgorythm based coins. Which exact coins we mine depends on the assessment of the profitability per coin over the current and projected future period. We keep a close eye on the market and when we see that one or more altcoins start producing better than what we mine at that moment, we can switch quickly to mining those coins.
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BoardAnnouncements (Altcoins)
Re: 📢🔥[ANN]🚀 CryptoProfile(CP) - Empowering A Blockchain Revolution📢🔥
I will wait for the launch of the platform. Interested in the referral system, taking into account the bonuses for both investors and authors. I will send and thereby accumulate capital.
Referral system is very good but I think it's can crash all project
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BoardBounties (Altcoins)
Re: 💰📢💰[BOUNTY]🔥💰 CryptoProfile(CP) - UP TO $1 MILLION TO SHARE 💰📢💰
by
GGeorge
on 22/12/2018, 22:27:58 UTC
Best luck to the project!
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BoardBounties (Altcoins)
Re: 💰📢💰[BOUNTY]🔥💰 CryptoProfile(CP) - UP TO $1 MILLION TO SHARE 💰📢💰