CryptoCurrency Mining Fever - The Death Row - 2018

Hi Steemians,

It's being more then 30 days since I posted the last time.

I was actually busy offline and unable to post anything due to lack of time or I can say because of mismanagement of schedule.

The crypto market is driving craziest as all of us knows and the electricity cost have reached somewhere around 0.17$ KWH in my locality which has made mining almost non-profitable. Additionally the unfriendly weather these days have also made mining rig management too difficult. So people has started selling their hardware quickly online and Me being and arbitrager, tried to took advantage of market scenarios and bough a lot of hardware to sell them to gamers.

This was the whole story of me being offline for so long.

I will share the complete business stats later, because it's interesting but at the moment I want to share the experience that mining has become almost non-profitable in my locality and I m working on another project to do something with the hardware because we have lot of GPUs lying in the market that are specially designed for mining for example P106 chinese version of GTX 1060, Gamers are not ready to buy a single card like this because it is specially designed for mining and it has no output port. I do have an evil idea for those cards.

This is how thing changes quickly, The sweet heaven has turned into hell within few months. This i why we always need to do our own research before investing in any project.

Anyways this was the short story about what I was into since last month.

Now I m back and will see you all in the next post.

Thanks for Reading.