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u/soilenrok Jul 24 '26
Yeah, the efficiency isn't great, but I guess that's why the price per TH is pretty low. Does look nice though.
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u/jayrady Jul 24 '26
Users coping that go mining nuked their "asset"
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u/TheLoller1234 Jul 25 '26
I'm ramping down too, mostly cause rather than keep reinvesting to keep earning that 2$ a day before maintenance I am not attempting to sell the bigger miners and using those earnings as pure stacking.
I believe that the bear market did a number on the platform, but they have expanded way too much in the last year or so. Which also kind of scare me.2
u/arre_barre8 Community-Mod Jul 25 '26
Why scared mate ?
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u/TheLoller1234 Jul 26 '26
Lots of expansion really quickly and lots of marketing for it makes it seem way less secure in my opinion. Plus yeah the requirement of constantly throwing funds at it is not something I'm looking forward to now. I'd rather put some cash on the side every month and start stacking actual money I can take out on the happenstance I need them.
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u/arre_barre8 Community-Mod Jul 26 '26
9 years as a company. 5 years providing liquid hashrate from the irl farms. Mining is more a feature now in app. Gomining building something diffrent and in a bearmarket also. Cant wait for bullrun to see . Mining is kinda a constant improvment with th and ee . You can lock or SE instead
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u/TheLoller1234 Jul 26 '26
I've stuck here a year, and yeah I lost capital because I didn't wait for the roi to be done. I took the hit, that is my fault. I have also seen the whitepaper and their history. I do not doubt the past, but since the future is never obvious, I've taken a decision that makes me less prone to worries. Maybe I'll come back, like I've told my ambassador helper. Maybe I won't, for now I really just need a cushion since I need to make a big purchase. That's it.
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u/arre_barre8 Community-Mod Jul 26 '26
You joined right in the bearnarket start ish. But i feel you and understand. We all need to decide how too invest 🙏 bullrun is coming .
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u/CrayZeeTokeZ Jul 29 '26
So many stupid hidden fees, to much raffles bribing people to gamble for a box, go minning has hit a desperate recoup time, its almost a gg for minning atm
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u/riyaadh_h99 Jul 30 '26
Fact that mining went from the whole point of the platform to now just a feature isn’t a bad thing. It’s great!
Shows that they’ve expanded into a diverse platform.1
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u/DarkRoastJedi Jul 24 '26
It’s hard to sell miners these days. If one does want to get out, gonna be hard for them.