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RE: Nicehash Profits Dropping so low

in #crypto6 years ago (edited)

Totally agreed. Profits on Nicehash dropped almost by 40%. I am mining only 12 hours a day as it gets noisy at night and too warm for me. But I thought this as a strategy. To play the game a longer term - to mine when the timing is good. When the market is bad, nicehash gives slightly more coins. Think about the coins that you mine everyday. It remains almost the same am I right? Even though the current value has dropped but your coins will get better value when the market improves. So dont give up now. Unless you want to cash out by selling your equipment. The demand for GPUs is pretty good now, you could break even if you sell. For now, Im just waiting...

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