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The last 5 days are not profitable coins

Posted: Sat Apr 28, 2018 2:39 pm
by Swelt
The last 5 days are not profitable coins. I bear losses. what's the matter? [Equihash]

Re: The last 5 days are not profitable coins

Posted: Sat Apr 28, 2018 11:47 pm
by CSZiggy
You pay too much for electric?

The prices/amount of coins you earn will likely continue to drop over the long haul.
Be prepared for it to get a bit worse before it gets better.

Re: The last 5 days are not profitable coins

Posted: Sun Apr 29, 2018 2:31 am
by alim
As @CSZiggy says, we do not control the market price of either the coin value or electricity. We also do not control the difficulty factor of the coins.

So if your miners are efficient, you will earn the most you can with them. Mining is not a get rich quick scheme, but you may get lucky once in awhile.

If this is not for you, I suggest selling the miners now to recoup part of your investment. WHY? As the difficulty rises, you will earn less for PPS.

You can buy coins on many exchanges, and again, you will not control the price of the coins you buy.

IF YOU WANT TO LOOK AT THE EXPECTED EARNINGS FOR YOU MINERS, GOOGLE "Nicehash profitability calculator"
Apologies for the CAPs, I am typing from my phone

Re: The last 5 days are not profitable coins

Posted: Sun Apr 29, 2018 5:25 am
by zafar177