quick rundown : the more people mine the harder the difficulty gets

the less shekels you get for your hashpower

Diminishing returns yeah

but theres different types of coins

see bitcoin is a CPU mined crypto

but now theyve got ASIC's that do the shit

thats application specific components

but back in the day came along the scrypt algo

which let GPU's mine as well

and honestly GPUs just shit all over CPUs with scrypt

then more algos got developed over time

some have a 1:1 ratio for GPU/CPU

some dont

it all depends on your video card

Yeah

there arent many coins that are still worth mining at this point

im mining zclassic because its only worth 9$ and theres not a lot of coins mined

theres calculators thatll let you know your profit

BUT THEN

theres cloud mining

honestly that shit always sounded sketchy to me but the returns dont lie

theyre 2 year contracts that you pay

usually youll get your contract paid within a year

hiring a cloud of computers to mine for you

thats : if the coin price doesnt crash, if the coin doesnt turn into PoS, if the difficulty doesnt fly off the handle

theres a lot of factors that come into play

but its a steady hashrate without the hassle

yeah, wouldnt it be safer to simply convert shekels to a more stable coin

Like that etherium you were taliking about

yes

but you gotta watch the price and shit

The fuckin price just shot up months ago

but its been out for years

well i mean i daytrade

i can be in and out in a day

or in 3 days

or a week

it always depends on what the price does

volume etc

its like stocks but with a shitload more volatility

you can get assfucked EZ