Recent GPU Mining coins like Xelis, Karlsen, Pyrin, Nexell-AI, Nautilus have all been great for gpu mining profitibility before quickly crashing. Why is Xelis crashing along with all these other coins? Let’s dive into gpu mineable coins in 2024 and see why their prices are behaving the way they do. Cryptocurrency economics is always fun to speculate on and do market research!
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*Modern Mining is not a financial advisor and all content in this video is for entertainment purposes only. Crypto markets can be extremely volatile.*
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0:00 Economics of proof of work cryptos
1:31 Why are POW coins constantly falling after release?
4:58 Pyrin & Xelis are Different!
6:49 My GPU Mining Strategy, what to sell/hold?
8:40 Why do POW coins crash?
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