Is mining dead now?

Notice: Page may contain affiliate links for which we may earn a small commission through services like Amazon Affiliates or Skimlinks.

aero

Active Member
Apr 27, 2016
346
86
28
54
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
1,050
437
83
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" :