Proof-of-Work Blockchains - Mining Cycle

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stc7860.003 years agoHive.Blog2 min read

Proof-of-Work Blockchains -Mining Cycle
https://images.hive.blog/DQmb2QpLd7FeynJLAz6MTZrJEY4Z8bxMVtbYAYxrJmqPYNh/image.png

Since we are currently in bear /sideways market for now
How is

and difficulty doing from
perspective now in the last quarter of 2022 ? across all the
hardware platforms
and overall mining industry

What usually miners do during bear market then ? Well there are few different angle of looking into it. Miners potentially look for quietest time when

of coin is low and coin
are highest and the coin which possibly has the brightest future (speculatively of course). These are long-term HODL miners. There are also daily $ dollar profit seeking miners who HUNT for most profitable coin of the day using algo-switching or manually and then sell it on AUTO exchanging pool (zergpool, zpool) choosing or manually at CeX /Dex. Nevertheless miners n HODLers are far less risk takers than traders who need to be very near perfect in timing bull peaks and bear bottoms.

That's it for now - Just some random thoughts.
Took me a while get over basic learning curve in hive.blog
Feel free to feedback anytime


Starting off with hive blog testing !
🙏

is one the leading
platforms n
coin

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