Could I mine bitcoin and profit?

SPECS:
GTX 970 MSI 4GB
I7 6600K Running at 4.5GHZ overclocked
16GB RAM corsair vengance DDR4 3200mhz
Corsair Power supply - something like 800w.

Is it worth me mining bitcoin?

Even with a good rig dedicated to mining I wouldn't recommend mining btc. Altcoins would be a smarter choice.
As for you, you won't be able to make profit in terms of generating more cryptocurrency than your electricity bills.

I would suggest you to buy cheap laptopsand use them overnight

Bitcoin mining in 2018 is a horrible decision. You're better off mining Bitcoin with a pickaxe

01-03-2018, 05:01 PM

_Zenith Wrote: Bitcoin mining in 2018 is a horrible decision. You're better off mining Bitcoin with a pickaxe

but that's not possible?

It is not very profitable to use your home setup to mine BTC. Something I would look into, is renting machines that are built specifically for mining crypto-currency, and I would choose a more stable currency. The best thing to do is get involved in some BTC-related forums, there are some experts out there that could lead you in the right direction.

Another thing that is more profitable than mining, is currency exchanging. There are folks that will pay you up to 20% to exchange their Paypal funds to BTC.

In a word no, you would be better off mining one of the Alts like Monero and converting it to Bitcoin!

i dont recommend you to do it you can always calculate it with your hashing power/power consumption

im not a professional but I think if you jumped in it early then you would of made quite decent profits I think now its quite a waste... a lot of competitors with bigger machines. I watched a documentary on it these guys are billionaires that have got warehouses and everything

01-03-2018, 05:15 PM

cokcsuckeur Wrote: but that's not possible?

That's the point silly