Ok a small recap for the guys running RX series cards mainly with the dag and hashrate drop issues.
Claymore well know for Claymore's dual miner has found a flaw with the GPU's and has reported to AMD, Himself and AMD are currently busy coding a new driver
which will fix the hashrate drop if not all the owners of the "flawed cards" would cause a literal SHIT TON of returns to AMD so fortuneteller they have to fix the issue.
so for now no mining has not dead and is not dying all altcoin rates are effected by the bitcoin rate if you have noticed well for the users not specifically mining ETH
you get much higher returns when the altcoins do better as most are not merged mined giving you greater profits. Im not going to mention specific hardware at all
buy I am currently making the same as when I started mining it had a good spike and everyone was happy now with the dip it seems all is doomed but merely
you are making what you did in the beginning just got used to really good payouts. If a said altcoin had to jump price today most altcoins will go up binging you back
to a 100%+ rate on what you are making this could happen any time with any coin it just needs enough attention. The unpredictable ETH spike happened to fast and everyone
spread the word and once again attention got out. so boom difficulty bomb blame everyone who mines ETH as they went complete apeshit this can happen with every coin.
bitcoin now is not like that at all you can now invest or exchange or use 3rd party mining sites to sell hash power for btc but mining it good luck. If say Litecoin has to jump to
R1000 even R800 its the only rival in my eyes for bitcoin and has not had the bad luck its been stable for years and still being well maintained for now my money is on LTC.
but there are alot of coins offering alot of differences you just have to choose one and stick to it that is the trick part.
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Don't sell rigs now there is more altcash coming using ETHhash and alot will go mainstream. If i got the question of the post wrong apologies just offering some of my thoughts.
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Crypto access in not restricted in china more regulated and not in a bad way, u have to register at the bank you are withdrawing funds same as we do here alot of countries
do not need your I.D. etc, but there are always other means.
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my worry is South Africa's income tax policy regarding altcoin trade maybe someone with knowledge can clarify that for us.
eg. what if I don;t have a job but have miners and that is making my income something along the lines of that.
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Sorry seems i missed an update somwhere : Radeon Software Crimson ReLive Edition Beta for Blockchain Compute Driver
https://support.amd.com/en-us/kb-ar...eta-for-Blockchain-Compute-Release-Notes.aspx
