TFW mining difficulty going down on the shitcoin you're mining

BinaryMan
BinaryMan

holy fuck this is how you make it, mining isn't a meme, in these bear markets you can mine fuck tons of coins that will inevitably go 1000x in the next few years

holy FUCKING SHIT

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Stark_Naked
Stark_Naked

coins that will inevitably go 1000x in the next few years
HAHAHAHAHAHHAHAHAahhahahahahhahahahahahahahahhahahahahahahahahahah please be serious

Sir_Gallonhead
Sir_Gallonhead

that will inevitably go 1000x in the next few years
oh sweetie....

Supergrass
Supergrass

If you are mining ethereum, and already got back your initial investment, great.
Else just buy and hold. Ethereum most likely will go PoS this year.

If you are mining doge tho, you can't go wrong.

Gigastrength
Gigastrength

tfw mining 1000 etn a day and 0.2 eth a day

RavySnake
RavySnake

tfw the easier it is to mine the less its worth

Burnblaze
Burnblaze

there's never going to be another bullrun
topfuckingkek retards, did your wittle portfolios get burned this december?

mining eth is kind of shit unless you have a 10 series

yeah but that means more coins for me, also means they have more space to moon during the next bullrun

Fuzzy_Logic
Fuzzy_Logic

more coins worth even less that nobody wants to buy?

Carnalpleasure
Carnalpleasure

more coins that have more potential for growth. Nah you're right though, should just forget about crypto and wait to for the headlines to show BTC breaking 20k before ever buying again, because who wants 1000x gains when you can settle for 10x?

Fried_Sushi
Fried_Sushi

Not all coins are guaranteed to moon, some are dead forever

Which ones are you mining?

Methshot
Methshot

You're bagholding huge, it will be okay user. It will all be okay

inb4 'I bought in 201X at only $XXX'

Boy_vs_Girl
Boy_vs_Girl

Hey retard, go look at some of the altcoins that popped up in 2013/2014 when Bitcoin originally went on its $1000 bullrun.

How many of them have recovered in price? kek

MPmaster
MPmaster

user how can I be holding bags if I've only ever mined this shitcoin with my gpus I don't use anymore

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takes2long
takes2long

lel remember when people said this when I mined doge in 2014. shutup newfag you have no idea how this works

Skullbone
Skullbone

Yeah retards here simply don't understand market cycles. Any coin can be shilled to the masses given the right market conditions. There were people holding Verge (total shitcoin) from 2016 and I guarantee you a ton of them bought at 2 satoshis or mined it themselves.

Playboyize
Playboyize

tfw most i ever mined was 9 dogecoins in 2012 and gpu died a few weeks later

AwesomeTucker
AwesomeTucker

What the fuck are you people even mining?

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Dreamworx
Dreamworx

tfw mining internet dog meme coins for 3 years payed for college

tfw mining lux for 3 years will pay for my first house

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Garbage Can Lid
Garbage Can Lid

how can one be putting money into electricity internet and time?
would those gpus be worth more if you never mined on them? vs selling them used then having buyers refund because you never mentioned the fact the card is burnt to death?

Soft_member
Soft_member

1 coin out of hundreds almost recovered from 2013 to 2017 so that means mining random shitcoins that will die in 2 years is clearly a good idea!!!!
Dogecoin didn't even recover to its ATH in satoshis from 2013.

Please let me know how mining PPC would've worked out for you in 2013

girlDog
girlDog

tfw money laundered everywhere and into every asset

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TurtleCat
TurtleCat

burning a card to death by doing math on them

top kek you have no idea what you're talking about, they burn out when you overclock them

go look at the charts again and not in sats, in hindsight I should've switched to ETH as soon as I could but hindsight is a bitch

StrangeWizard
StrangeWizard

based

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Harmless_Venom
Harmless_Venom

When im done accumulating the coin im mining i will shill it to you guys dont worry bros

farquit
farquit

Coinbase doing their ERC20 bullshit will keep ETH afloat.

cum2soon
cum2soon

Using your logic, when the coins go to zero, you're rich

likme
likme

no point of even shilling coins on here, everyone will hate you for it so I just stopped. Everytime I even mention lux now there's this one faggot that comes out of the woodworks and says staking is a reverse ponzi scheme

RavySnake
RavySnake

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GoogleCat
GoogleCat

Wouldn’t it be cheaper to just buy the cheap coins?
Mining profitability is self regulating so you’re always gonna have to compete with bastards with lower electricity costs and more efficient hardware

Lunatick
Lunatick

Here's what I don't get. You are mining the coin in hopes the price will go up. You could be mining the currently most profitable coin (regardless of difficulty you're getting more USD/day) and then exchanging what you mine for the coin you're speculating on. This way, if the price goes up, you make more than you would have mining it. Like, I hear a lot of people talk about speculative mining and it seems pretty obviously retarded? Did you not realize this obvious truth or is there something I'm missing because it truly baffles me

5mileys
5mileys

dude from experience I've never had a gpu go out from continuous mining. And if anything was going to go out first it would be the fans, these things are made to be used. Of course they degrade over time though but I'm not looking to use them for more than 5 years anyway

if people were worried about them being degraded from usage they wouldn't buy them to run videogames, edit/render models/videos etc

RavySnake
RavySnake

your 4 months of experience with 2 gpu?

DeathDog
DeathDog

5 years experience with many different gpus, 15 years experience with gpus in general

Fried_Sushi
Fried_Sushi

thanks just bought 100

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SniperWish
SniperWish

Whats a quiet miner I could keep in my apartment?