I have received a lot of comments over the last week advising that I should continue to mine even if electricity costs are higher than mining profits.
No one should do this.
If electricity costs are higher than the value of the coins you are mining, switch off your rigs and buy the coins directly.
Doing otherwise is costing you money.
I’m Selling All My 1060 6GB Graphics Cards – https://www.youtube.com/watch?v=JxtnVl8suDw
Tuesday Crypto Chat – Live Stream – https://www.youtube.com/watch?v=8XcY-rqgd9Y
Be sure to leave a comment below and give your opinion on this topic.
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OBVIOUS DISCLAIMER IS OBVIOUS: I am not a financial advisor. My opinions are my own and it is the responsibility of everyone to do their own research for every coin they invest in.
In June 2018 I joined the SafeCoin project https://safecoin.org/
Find out why at https://www.youtube.com/watch?v=Qt6Hu356Kbo
Exchange USD, GBP, EUR, and more, to Bitcoin and other popular Cryptocurrencies.
CoinBase – https://www.kevinmuldoon.com/go/coinbase
Protect your cryptocurrency with hardware wallets.
Ledger Nano S
Amazon USA – https://amzn.to/2HHzxlm
Amazon UK – https://amzn.to/2HY8tTj
Amazon USA – https://amzn.to/2raFJMu
Amazon UK – https://amzn.to/2FXs9k6
Amazon USA – https://amzn.to/2JFWzto
Amazon UK – https://amzn.to/2K0Amqs
Don’t have a mining rig? Don’t worry, you can purchase hashpower from others and use their equipment to mine the coins you want.
NiceHash – https://www.kevinmuldoon.com/go/nicehash
Mining Rig Rentals – https://www.kevinmuldoon.com/go/miningrigrentals
A Selection of exchanges I have used and trust.
SafeTrade – https://safe.trade/ (Beta)
Binance – https://www.kevinmuldoon.com/go/binance
LiveCoin – https://www.kevinmuldoon.com/go/livecoin
HitBTC – https://www.kevinmuldoon.com/go/hitbtc
Kukoin – https://www.kevinmuldoon.com/go/kucoin
Nanex – https://nanex.co/
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Stop Mining at a Loss