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Sharing the recent mining progress.
Since launching on December 4th, a total of 15,000 USDT has been invested—8,000 USDT allocated to 10K $CC, and another 7,000 USDT bought 10K $bron. It has been exactly 43 days now, with a cumulative profit of 4,343 USDT, which translates to an annualized return of 245%.
The early daily output was quite stable, maintaining around 100 USDT. However, recently, the official bron adjusted the mining mechanism, cutting the output directly in half, now only producing just over 30 USDT per day. After assessing the related risks, I think continuing to participate is not very cost-effective, so I decided to exit this position.
The returns are still good, but I also want to remind everyone—rules for such projects change very often, so timely stop-loss and flexible adjustment of positions are very important.
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Timely stop-loss is wise, otherwise you'll have to watch your profits evaporate.
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1.5 million U turned into 4343U; if bron hadn't changed face, it could have continued to make a profit, but unfortunately, there are no eternal ATMs in the world.
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The rule change caused a cliff drop; I knew these types of projects were risky, and your reaction was quick enough.
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The cut was really harsh, but I still envy the joy of doubling in 43 days; it's just a pity it can't go on forever.
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The key is to stay alive and exit, much better than those who hold on until they go to zero.
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$bron's operations are indeed a bit disappointing; they didn't give any notice before changing the mechanism.
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So it's still necessary to diversify a few, don't put all your eggs in one basket.
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Bron's mechanism change is a very common tactic; getting out early is the real winner.
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Oh my, the output is directly halved, why participate anymore? Wait a bit longer and you'll lose everything.
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That's the essence of mining; when the rules change, people just run. There's nothing we can do about it.
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The saying "cut losses in time" is really well put; otherwise, you'll just be the bag holder.
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43 days, 4343U—looks great on paper, but a cut in half is truly a signal to stop losses. No need to overthink it.
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Stay firm in exiting, no dragging things out—that's the way of a seasoned player.