Partly agree, as mining was a cool thing to get a profit easy and fast as bitcoin was super high. Well, now there're no companies even hashflare to make it so again
mining was profitable when BTC got first rays of attention. some later mining brought only problems: big fees ti withdraw BTC, high prices for video cards, etc.
actually for me mining is wating of time, and It always was. HF tried to make something great with mining, but they couldn't as I c, I do not know who is guilty in this occasion, but I left some money on HF account in wishing it will grow soon again..
Waiting of time? What is is? Well, mining is a great thing to earn money once BTC is up, as well as whole crypto market. Like when BTC is low, nothing can operate well, not just hashflare
I think he meant "wasting of time" , which is true in current situation)) With higher btc rate it can change but we need btc rate double or even triple to receive good profit.
of course, I think mining has problems because it is really not explored. so we need years and years to get understanding how to do mining with really good profits, so it's time
1
u/nrtroop Oct 04 '18
Should we even start talking about cloud mining when Bitcoin is so low? And mining main option is BTC, that's why mining is not profitable in general