NICEHASH MINER JUST STOPPED MINING. I HEARD THE FANS DIAL DOWN AND "MINING NOT PROFITABLE"MESSAGE
![miner100.jpg](https://steemitimages.com/DQmU46LzypmTjXi8x5dEPtBCZszLFx1dACGTEi8nQFmxKP2/miner100.jpg)
WELL I GUESS IT WAS TO HAPPEN AGAIN SOONER OR LATER. HERE WE GO AGAIN.
For all those who thought"man, I wish I could have bought in cheaper", maybe here is the chance.
You can also buy into ICO's for so much less right now with the current Ethereum prices. Also need to consider that perhaps the investment may also be less profitable because they have less start-up money.
In the case of MinerOne ICO they have about 80 percent intake in Ethereum and 20 percent Euro's. Right now, they can only buy with Euro's to aquire their new mining equipment (first purchase) and pay their bills.
![logoico.png](https://steemitimages.com/640x0/https://steemitimages.com/DQmXrjZzknQBZhLd5pUyMiF27mAcNC7HzeLr5iEq1y2pY6x/logoico.png)
Other ICO's won't feel a thing, requiring only 10 or 20 percent of intial fund raising to get their operation going or supplement the existing ones with monetization and decentralization. They will just have less "extra money" lying around.
They weren't going to sell Ethereum at last weeks rates to raise money so they probably aren't going to this week. They are going to have to ride it out I think. Wait until Ethereum bounces back.
![nosale.jpg](https://steemitimages.com/DQmVgNdabRfuiNiYQtyEEPS8B1h9iJxAUs4rbtrS1YvAV9H/nosale.jpg)
It will be interesting to see how they decide to go. Ethereum prices were/are very important to this BTC mining operation ICO and it's start up for mining in the summer.
On the plus side...owing twice as many tokens as would have been possible will see you with twice as much payout. I think they will still do well but maybe a slower start than was intended.