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ETH

Crypto Mining Nostalgia and Current Market Uncertainty

If the prices do not increase and instead decline, what happens then? Recalling the mining days of Zcash and Ethereum in 2017, which later saw a rally, a single mining rig with 1060 GPUs used to generate about 30,000 rubles profit, plus. What about now? Everything is demolished. Only human psychology remains, betting that everything will rise again in the future.
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AI Analysis

The opinion reflects on the drastic changes in the cryptocurrency mining landscape since 2017. Back then, miners with 1060 GPU rigs could earn significant profits, around 30,000 rubles per unit, durin...

AI Recommendation

Given the historical perspective and current psychological climate, the prudent approach may involve awaiting clearer signs of market stabilization before making significant investments. Investors sho...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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