Ethereum Mining In March 2018 - Still profitable?
You have 2 choices: litecoin mining or trading. Why did I choose litecoin mining? The price of the computers isn't volatile and the beautiful thing about mining is that we are not as susceptible to market volatility like those who buy and hold or those who trade. I may not make as much short term as the risk taking traders, but I keep winning long term.
If the price of crypto goes up, us miners WIN.
If the price of crypto stays the same, us miners WIN.
AND EVEN If the price of crypto goes down, us miners STILL WIN!
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John Mcafee: “Bitcoin investors will be the richest people on earth. Anyone who understands bitcoin cannot deny this. But what does that say about bitcoin miners? We occupy the top rung of profitability. Soon, mining will be immorally profitable.”
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Ethereum mining at the moment might at current rate isn’t so profitable like it was in december but with newest GPU’s does make little profit. And when next bull run (if it ever comes) comes again. You’ll be happy you kept mining even there was bad days.
Correct :) I believe in ethereum so I'm holding it