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Is bitcoin mining still profitable on consumer hardware?

Submitted by gamergamer123, , Thread ID: 135884

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RE: Is bitcoin mining still profitable on consumer hardware?

#11
No, it isn't anymore to answer to your question.....

RE: Is bitcoin mining still profitable on consumer hardware?

#12
No, absolutely not. You'd need a crazy amount of good hardware running in your own pool to even think about earning enough money to cover the electricity utilized and make it worth your while...

Other coins are obviously easier to mine but still not really worth it IMO. Also remember the fewer coins left in the Bitcoin network, the harder it will come to mine Wink

Good luck

RE: Is bitcoin mining still profitable on consumer hardware?

#13
Hello, no, a long time ago already no profitable, you will spend on hardware and bills more than earn
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RE: Is bitcoin mining still profitable on consumer hardware?

#14
it may make sense to invest. you need to think and decide.






RE: Is bitcoin mining still profitable on consumer hardware?

#15
Nope, you'd break your hardware before earning anything.

RE: Is bitcoin mining still profitable on consumer hardware?

#16
Not anymore for about a year now....look at mining other cryptes if you already have a rig otherwise just trade

RE: Is bitcoin mining still profitable on consumer hardware?

#17
Mining? Absolutely not.

Investing? Who knows, maybe.

When ASIC mining came along, consumer hardware became irrelevant for mining. Then better ASIC boxes came along and made the old ones obsolete.

RE: Is bitcoin mining still profitable on consumer hardware?

#18
Definitely not. Picking up on it years ago, you would have made a fortune but at this point in time the correlation between mining and profit is literally nonexistant. I would start trading though.

RE: Is bitcoin mining still profitable on consumer hardware?

#19
I killed my Titan video gaming card last year mining but coins.
Didnt even break $50.00 in 3 months.
Not worth it

RE: Is bitcoin mining still profitable on consumer hardware?

#20
You shouldn't mine every time the same coin. You need to switch very often to make the maximum of profit.

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