Is mining dead now?

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aero

Active Member
Apr 27, 2016
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Some are trying other coins that are still PoW, however, that has obvious problems.
As miners move to another coin, that lessens the profitability for all miners of that coin. Furthermore, the mining is to support the transactions of that coin...and no coins have anywhere near the volume of Ethereum, so very little payout.
Pretty sure it's a bad idea to mine crypto with GPUs at this moment.
 

BoredSysadmin

Not affiliated with Maxell
Mar 2, 2019
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I hate with a passion the idea of solving some equations equals currency, but this is first-time "crypto" does make some sense as I see value provided to all participants of the "coin" :