The boom days of mining? Pretty much done. Sure, there'll be opportunities in the next cycle, but don't expect the same gold rush vibes. Scale will be smaller, competition fiercer, and the whole game gets tougher. That's just how these cycles roll.
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faded_wojak.eth
· 23h ago
I should have known earlier, now entering the market just makes me the bagholder.
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Blockchainiac
· 12-17 07:28
I wish I had known earlier; those who enter now are all cannon fodder.
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MissingSats
· 12-16 07:57
I should have known earlier; I wouldn't have gone all-in on mining machines back then.
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MissedTheBoat
· 12-16 07:56
They're all scams. I just want to know when the next cycle will come.
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defi_detective
· 12-16 07:54
Uh... I saw it a long time ago, I thought I was the only one so pessimistic.
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AltcoinHunter
· 12-16 07:47
Mining, to be honest, is all about consensus and funding. The gold rush has indeed passed, but I always feel that in the next cycle, there will definitely be a hundredfold opportunity hidden somewhere. It all depends on who can find it.
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Honestly, I’ve heard many times that smaller scale means more intense competition, but everything has exceptions, right? Isn’t it possible that someone can find a potential star in the cracks?
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This round is indeed tough, but the more difficult it is, the more it indicates that the bottom is being built. After a breakdown, there’s always a rebound. The key is who can get on board at this time.
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Is the mining boom over? Then the question is, is this the starting point of the next market cycle? From a technical perspective, it doesn’t seem fully confirmed yet.
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It sounds like discouragement, but I think it’s actually a signal before institutions start to enter. The real “chives” are those who listen to this kind of talk and then cut their losses.
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Although the cycle theory holds, each cycle’s strength varies. Could it be that this intense competition actually filters out truly potential projects? I bet on this logic.
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You’re right, the gold rush is indeed over. But for those who truly understand the industry, this is what we call an opportunity window opening. It’s time to make a move.
The boom days of mining? Pretty much done. Sure, there'll be opportunities in the next cycle, but don't expect the same gold rush vibes. Scale will be smaller, competition fiercer, and the whole game gets tougher. That's just how these cycles roll.