Im thinking about liquidating everything I have in crypto ($10k usd right now) and spending it all on mining hardware. Anyone here mine? Have suggestions?
eth mining is coming to an end in a few months
btc mining you cant do unless youre a chinese billionaire
other mining isnt as profitable but something like monero might be good.
better bet is putting the $10k into ethbet tomorrow, if not check out mining profitability charts
>>3509274
Don't.
If you do, buy new ASIC hardware when it releases. Buy the first batch.
Calculate any profit using whattomine or similar websites assuming a 10% pool fee and power that's 2x as expensive as you expect to get accurate figures. Remember that the profit figure will reduce by 20-30% per month.
>>3509274
genesis has some eth and monero contracts up ,100% over two year
Actually I didn't plan to mine for the purpose of yielding profits directly. I suppose it was all speculative, but the idea was more to mine less mainstream-easier coins at the hope one of my choices will blow up.