Bear Market and Declining Hashrates Mean Mining ETH No Longer Profitable, Analysis Finds

in #dlike5 years ago

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We all know that we still continue to be in the crypto bear market in 2018 and the situation will remain the same until next year. You might think twice if you want to start to mine or purchase graphic cards to mine Ethereum.


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I wouldn't invest in mining rigs to mine ETH now. ETH will soon switch to proof of stake.

You can use them to mine others cryptos if you love to get involved in this area.

indeed, small-scale mining does not make much sense

Ethereum will switch to a POS in a near future.

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