Many big farms around the world at corporate power costs less than 0.05c /kwh This will eliminate home miners.
Everyone will buy just for fun or hobby. Small amount of home miners will get profits. Cpu profit sucks except the very brief verus pump. Right now Cpu seems no better than gpu. Too much bragging usually sinks profit. It's like karma.To be fair, some gpus did make double digit profit end of last year and beginning of this year. That lasted days and perhaps weeks, a bit longer than current, very brief pump in cpu profits. After qubic era, cpus got screwed, nothing is profitable anymore. its like some giant farms, n botnets exist that immediately switch to any coin that gets slightly better and turn it into dust. longest a coin has been profitable was 6 hours or 2 days, after qubic became unprofitable.
I think small miners shouldnt really switch and hop to whatever coin big farmers on Youtube or twitter say. I have switched to two coins and they proved to be trash by the time I ended day 1 of mining it. I should stay on my own coin and do not switch unless I am as quick as these guys to mine a coin in its peak profitability.. Hashrate.no, tubers, ourselves, all the chatter make hashrate explode and profit plummet.
Congratulations @coin7777! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 100 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Check out our last posts: