Money Talk

Is mining still profitable in 2020?

Submitted by hannahshelby19, , Thread ID: 178682

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RE: Is mining still profitable in 2020?

#11
Mining BTC is getting harder every day plus the cost to entry is increasing.

Monero can still be mined using your normal PC. Don't expect much profit here though

RE: Is mining still profitable in 2020?

#12
Not profitable use normal computer .Recommanded use big big big computer

RE: Is mining still profitable in 2020?

#13
depend on what graphic card u have and how many graphic u have

RE: Is mining still profitable in 2020?

#14
I would say yes, however the cost of electricity can be very high. Calculate how many kWh you consume per day and how much you can mine in 24 hours.

RE: Is mining still profitable in 2020?

#15
I think for a normal user it is not profitable, maybe for larger companies

RE: Is mining still profitable in 2020?

#16
There is no btc mining any more . you should work with another currency snd k

RE: Is mining still profitable in 2020?

#17
Last year, I read about some employees that got fired for running mining equipment at work-- using the company's electricity, of course. That was an expensive lesson in how not to mine cryptocurrency!

RE: Is mining still profitable in 2020?

#18
Not for individuals. You have to join a pool I think and they are getting more and more competetive.

RE: Is mining still profitable in 2020?

#19
Mining isnt that profitable due to the fact that they have raised the graphics card prices. But maybe if you buy them second hand you can make some profit Smile

RE: Is mining still profitable in 2020?

#20
30-08-2020, 04:58 PM
troller_is_me Wrote:
from what i think it is profitable if u got cheap electricity power
Yes, definitely this. If you're already setup with solar and can source cheap mining rigs. But what are the chances

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