Proof-of-Work Blockchains - Mining Cycle
Proof-of-Work Blockchains -Mining Cycle
Since we are currently in bear /sideways market for now
How is #hashrate and difficulty doing from #mining perspective now in the last quarter of 2022 ? across all the #pow hardware platforms #ASIC #CPU #GPU #FPGA 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 #DIFFICULTY of coin is low and coin #REWARDS 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 !
🙏 https://medium.com/@stc786/crypto-wallet-basics-2916126eb28f
#RVN #Ravencoin is one the leading #tokenization #blockchain platforms n #Pow #mineable coin
https://twitter.com/miner28788/status/1570974392129310721
- miner28788
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