Is mining still profitable?
I remember many years ago when mining btc was really profitable. Is it still? What has changed in the mining game over the last few years?
Is mining still profitable?
it got way harder to mine, unless you got a few million $ of computers and access to cheap energy its not worth it
Not unless you have access to very cheap electricity and hardware. In the USA it will be very very hard to make it profitable and even if you could it would take forever to ROI.
Most people area attracted to mining because it seems like easy "free" money but in reality they won't make anything.
Best to find other ways to spend your time and money.
Most people area attracted to mining because it seems like easy "free" money but in reality they won't make anything.
Best to find other ways to spend your time and money.
Short answer, no. Basically, if you have access to custom/specialised hardware(which will cost a lot of $$$ as initial investment) then you could give it a try, but you're probably not in that position.
So I'd recommended the easier way to make a profit in crypto, which would be offering a service/goods in exchange for crypto.
Good luck!
So I'd recommended the easier way to make a profit in crypto, which would be offering a service/goods in exchange for crypto.
Good luck!
Nope. Not for individuals
people wouldnt be doing it if it wasnt. everything changes..
Earlier it was profitable but now, not at all unless and until you have got free electricity xd
Surely, yes. What doesn't it be so? There are a lot of places to make sure in the mentioned opinion. From the stock up to the different forums and places people sharing their experience.
It still is profitable IMO if you got pretty good amount to invest into to mine. But I would never suggest just a single individual only to handle the whole mining. Always a group of people is preferred when it comes about mining.
Big invest into it, and cheap or not paying for the power..
since the last halving its hard to mine bitcoins.
Use solar panels for energy and its profitable 
Originally Posted by Happyish
Use solar panels for energy and its profitable
No, it's simply not really worth it anymore.
Originally Posted by Dagger
Idk what type of solar panels you use or how close they're to the sun, this is unimaginable expensive and literally useless
No, it's simply not really worth it anymore.
No, it's simply not really worth it anymore.
i think that mining is not actual for 2020.
This thread is closed for replies.
Similar Threads
Counter-Strike 2 DiscussionsHow to trade CSGO Skins? Is it still profitable? 2 Work & Job OfferseBay Partnership - Great profit - $500+ a week - STILL AVAILABLE
16 Combat Arms Europe Hacksstill working hack....not mine so no thanksRI 14 GeneralI'm back, and it's still mine.
25 Combat Arms DiscussionsFast mine throwing still works! 34
16 Combat Arms Europe Hacksstill working hack....not mine so no thanksRI 14 GeneralI'm back, and it's still mine. 25 Combat Arms DiscussionsFast mine throwing still works! 34