Go on, sell. You think you were sorry for not buying btc 10 or 12 years ago? Dont be sorry.
Just calm down and hold. Dont kept swept up in the hysteria. Use your brain. Every market sees this kind of failure. Btc is a giant panicky overcrowded bounce house whos investors, i imagine a large portion anyways, are just now getting wind of whats happening, and their loggin on and filling as many asks as they can. If you ever expect people to figure out why Bitcoins sucks, they have to see it because seeing is believing, otherwise they just believe it over they’re told you know. People will figure out zcash is awesome, it’s just going to take time. There are plenty of other good short squeeze altcoins but zcash is for the long run
I was having a look at some charts this morning…Zec seems to be a bit fucked u due to the BTC correction…if 145-150 doesn’t hold…we will free fall below 100 provided BTC drops below 26-2800ish…
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I tried not to be miner only and bought some ZEC at 150euro level … but looks like that not to be good decision for now ![]()
we will see btc on 2800 level today
ZEC -130 may be 120
I would like to be mistaken
i would like you would be right
and i hope it will go even lover so i can buy it cheap and wait for the rize even if you are a “miner only” fella i thing just holding the z cash for long term isnt efective one should at least widraw the money from the spinn before a the drop teen purchase it back after
I agree with you on this…
When I first got into crypto back in June I got 14 zec when it was $375…big mistake…alpha bay FOMO…was new to crypto…sold it at 275 and got back in at 160 and increased my position…![]()
Noobie mistake was rectified…have made all purchases below 170-180 since…early .majority of people have accumulated at below 100 levels…I feel >50% have accumulated at 145-200 levels…
If it goes down more…I will put in more fiat and further avg down my cost…
Win win
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- Destination moon > Jupiter > Saturn > Fly past Milky Way ![]()
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Lmao…i dont know what to say to you mate!
Right now this drop is not good if you have to sell to pay for mining costs. I sold at 165 yesterday to cover the electric bill this month. Would love to mine and hold, but not if my electric bill is going to be $400+ every month for the next few months. I think mining will be more viable once winter hits. My problem is cooling as my rigs literally heat my house. Let’s hope the hard fork in the next few weeks fixes the price.
Wow. That must be some mining operation! I run 10x Ti and keep the air conditioning on at the moment to maintain 76F and my bill still isn’t half of what you’re quoting. Might be time for solar panel installation ![]()
The problem is the insulation in my house. I replaced all the fiber glass with spray foam for max thermal retention. I have 20 cards that are mostly 1070s with a few 1080s and 1060s. I would love to install solar, but I sunk too much into my rig and haven’t paid it off yet. I’ve got fans in the windows of my basement to exhaust the hot air. I’ve turned the AC off during the day when I’m at work. Hopefully that will offset my costs next month.
what is your price for 1kWh ? if i can ask you …
I don’t think the sappling update is coming anytime soon. I do believe the price should recover at some point soon.
.09 a kWh when you factor in cost and delivery. I need to look at a cheap cooling solution.
I put a box fan at the GPU exhaust height and put it on the lowest setting. This allowed me to relax my A/C load significantly with minimal electrical consumption. Just getting good air circulation in vicinity of your cards is invaluable. It might be uncomfortable for you, but even 90F air will still effectively cool a 60C+ GPU if you can maintain circulation. Seems worth it to me, even if you end up having to dust an extra time or two each year.
We’re in this together guys, we know and trust the currency so as long as we stick with it, everything will be right in the end!
I’m lucky in that my 24 card rig (1070s) is housed at my workplace where we have solar panels so my electricity bill is basically halved, and I can choose when I want to pay it (my plan is in a year’s time sell just enough ZEC to pay a year’s worth of electric that I have used).
We got this, everybody!![]()
Totally agree with this, I have a £40 18" fan sat cooling my rigs, with no AC at all. It took about 15 degrees off the cards even though the room is probably 30-35C.
Make Zcash Cheap Again!
Mine is my basement which is giant open area. The problem is I over insulated before I got into mining. As for comfort, I would need to remove humidity to be comfortable. I can stand it being 80F as long as it’s 40% humidity.
