I just bought a bunch of 1060 6gb for 75$ because market is so flooded with mining rigs.  If you sell now you will not make much.

Don't forget the good old MUE and Stellar. Both coins have great potential and are worth historically low.
There is a good profit to be made by buying in now.

We are a group of developers from different countries. After working over the last six months we are ready to present the result - an ecological "green" miner.
Usually, ASICs are designed for “industrial mining” and they are expensive. In addition, these devices threaten decentralization. Changing the mining algorithm involves the risk to not recoup investment.
GPU mining is more flexible but produces a lot of heat and noise. This accelerates global warming and increases the owner's costs. This forms a feud with gamers!  

We have developed an intermediate product. This small device is able to replace one rig and produce 7 kh /  10 W on the v7 and 3.5 kh / 8W on the heavy.
 

In my opinion bitcoin is not just cryptocurrency. Btc is store of value of the market. When btc doing big move most cryptos react on it. And I think it will be the same for the long period of time because btc was first.

The price is much lower than I imagined. The big question is, how long would they be using these machines to mine? Is it possible to identify? Cause doubt they were not already using such machines, and are only now passing on to other users.

It now makes more sense to stop mining your Avalon 741 and just purchase Bitcoin instead.

You would be better off spending the money you would use for electricity to run the miner, and just buy coin instead.

The point of stopping the hardware varies for everyone and is based on:
•   Price of electricity
•   Pool fees
•   Hash rate
•   Bitcoin difficulty

The price of hardware does not factor into this decision to mine or not mine.

I have Avalon 741’s, so my variables are:
•   7.4 ths
•   $.15/USD/ kilowatt Electricity cost
•   2% fee at Slushpool
•   $135/month of electricity burned/month for Avalon 741

The chart below shows that any time the price of Bitcoin drops below $8440, I should turn off the hardware and spend the money saved on electricity to purchase Bitcoin instead.
www.whatotmine.com was used to calculate the prices.


 

How much bitcoin to buy while the Avalons sit idle?
It works out to around 0.00053318 worth of Bitcoin per day per Avalon. ($135 electricity/$8440 bitcoin breakeven price/30 days in a month).

This ONLY works if you have the discipline to actually buy bitcoin when its below the breakeven point.  Obviously, if you don’t buy, you will miss any rise in price of Bitcoin.

The chart below shows the price to stop based on electricity cost (given the other assumptions).
 




I just turned off my Avalons.

Very high load, it is risky. PSU after using for long loss their power because capacitors dry up

$80 billion is not just a mere figure, athough bitcoin may be experiencing some challenges now due to some fundamentals and FUDs coming from different sources once those challenges is surmounted the price will surge upward because bitcoin is more popular than ethereum thus it's market capitalization will increase too.

Altcoins grow rapidly, I'm researching to get
But you have to be careful, choose which one to invest.

Yes indeed, i wish i had bought nVidia but running all AMD now.

At this moment mining ETH is still profitable. The ROI on the other hand is way to high. I do not mine to make a load of money but pure supporting the community. If i wanted to make the load of money in a short peroid of time i would just buy crypto on a exchange. Everyone has a other motive to be in the crypto world. Making a lot of money in a short peroid of time if really hard and many will fail.

For me only ETH will be a good choose for investment because ETH have a good development

Its too hard to predict in what altcoins will be going to buy, maybe must better to ask to the people knows what kind of altcoins were going to buy and when exactly will rise the value. I know they have some people here knows about that.

You can go here and find yourself the best penny
https://coinmarketcap.com/

It is a fact that there is a lot of Alternative crypto-currency in the market and choosing one for you to invest is quite a hard to do. So the best thing to do is to find an ICO project where you can earn new altcoin on project through applying on a signature campaign and you need to promote and support the whole project for it to be successful. Then when you earn it depends if it will be successful and if it will be a good ICO you can invest with no capital in a money because you earned it.

There are many altcoins that is worth it to invest. Nowadays there are many ICO that became successful. So I can say that many altcoins that have potential. I am sure that if you invest there, you can earn big profit.

If you want a long term investment go for eth. If i want a day trade i choose those coins who have a big volume and price is cheap

Why do you think it's too expensive ? Don't you think it's worth at least 1 billion market cap ?

Exactly. Just pick the altcoins which are highly supported by their development team and community, and not as a result of hype. There are many coins out there which are hype and pure speculation, making them worthless for your investments.

Nevertheless, if you were to consider good alts to buy, then look no further, as coins like Dash, Monero, and ZCash have a dedicated team and outstanding volumes on the markets. Just my thoughts.