Money Talk

Crypto mining still profitable?

Submitted by Topzek, , Thread ID: 156341

Thread Closed
24-01-2020, 05:18 AM
#1
Does people still mine for crypto currency, if so why? I am very curious

RE: Crypto mining still profitable?

#2
Yes because of the high value, if you're able then it's worth it to do it even for your future. It's like a pension plan. If you want to and have the capabilities to then why not.
1

RE: Crypto mining still profitable?

#3
It really depends on the equipment you have and the crypto currency you're mining.

RE: Crypto mining still profitable?

#4
I doubt it because of the different equipment you have to get etc. but it depends i suppose

RE: Crypto mining still profitable?

#5
This is interesting so many people are interested in crypto mining. M suggestion lets build a mining pool and mine all together some moneros.
I am Jonor. I am here for the Honour to be a big Donor.

RE: Crypto mining still profitable?

#6
Only in China it is profitable
source: Electricity price/ cost

RE: Crypto mining still profitable?

#7
It will no longer be profitable. People around me don't try anymore, either.

RE: Crypto mining still profitable?

#8
i honestly dont think so, i tried it a while back with my computer, and sure while it isnt a professional set up, it was a decently fast computer, despite that however, it took a few days just to mine about 20 cents worth of bitcoin, and i just gave up after realizing the electricity costs probably weren't worth it.

RE: Crypto mining still profitable?

#9
You can engage in mining even now with relatively cheap devices, but it will pay off later.

RE: Crypto mining still profitable?

#10
I doubt itll pay off, unless you use a 5 digit number of cash.

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