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> This just indicates people with mining hardware are switching over to another chain where they can still capitalize on their Hardware investment. Is it reall
by onlyrealcuzzo 4y ago
> This just indicates people with mining hardware are switching over to another chain where they can still capitalize on their Hardware investment.
Is it really a better deal than selling the graphics cards?
- mathgeek 4y agoDepends on how much your electricity costs are, why you mine (investment, hobby, etc.), and the level of risk you believe is reasonable from owning ETC (among other factors).
- pcthrowaway 4y agoI suppose if you're making more than your electricity spend, it's financially worthwhile to mine (you can always sell the card later too if the price calculus changes to not favour you later) Though it remains to be seen if the Eth Classic price will hold up with a lot of new, constant, sell pressure from miners. If the influx of miners greatly outnumbers other users, the price will likely go into a dive, until miners no longer can mine ETH classic profitably. Then, it's likely many (the ones who don't care to speculate on future price appreciation) will either try to find a different chain to mine for, sell their cards, or store them for a point where the tide price/hashrate shifts to make mining worthwhile again
- me_me_me 4y agoSell it to whom? I for one would not touch a secondhand card from random ebay seller. Those cards were running non-stop and probably have limited lifetime in them anyway.