Russians began selling their mining farms
In the wake of the rapid growth of the cryptocurrency course, mining has temporarily become a very profitable occupation. But the laws of the market has not been canceled. If the occupation is very advantageous - here comes a lot of foreign people (even employees of "Savings Bank" Mein altkoiny at work , at the peak of the same course engaged employees of All-Russian Research Institute of Experimental Physics in Sarov). As soon as more people start mining, the complexity of the calculation increases and the profit margin returns to its normal value. This happened with cryptocurrencies and this time, especially now the process of correction has accelerated due to the fall in the exchange rate.
According to Avito statistics, the Russians began selling equipment for mining, they writeVedomosti. In January 2018, the number of ads on this topic increased by 62%
There are about 14,000 mining equipment ads on the Avito website, and in January their number reached 23,000. The same number of ads were submitted for the entire third quarter of 2017.
In the Avito press release, it is reported that the demand for mining equipment cryptocurrency is small. In January, out of 23,000 ads, the deals went through just 1525, that is, 6.6% of the ads. If we compare with similar statistics for the past months, the demand fell by 34%.
The average price of a small farm in ads for sale is from 170 thousand to 175 thousand rubles. The average price of real transactions in January is 126 thousand rubles. At the Yula alternative marketplace, the number of transactions also decreased in January, and the average price was 214 thousand rubles.
Experienced miners say that with a low bitcoin rate, the payback period for a farm stretches up to 10 months, and you must test equipment before buying on the secondary market.
After reaching the bottom on February 6, the bitcoin rate began to grow moderately, and with it the rest of the cryptocurrencies. Perhaps, in the event of a new sharp jump, the rush demand for video cards will resume. If not, then the market situation should soon return to normal - and the cost of video cards, perhaps, will return to normal values.