Short answer: No.
Long answer:
It is not, unless you get incredibly lucky and meet a ton of other factors. Basically, unless you don't have to pay for electricity, have a large amount of money for upfront costs of building a mining rig, and get lucky finding an alternate coin that hasn't increased in difficulty/value yet, it really isn't profitable at all. Mining has become more of a long-haul profit maker for those that have a lot of money already at their disposal. I would not recommend mining to make money unless you are planning on turning around and trading the coins to play with investments.
Money Talk
Is mining still profitable in 2020?
Submitted by hannahshelby19, 15-08-2020, 01:13 PM, Thread ID: 178682
Thread Closed
RE: Is mining still profitable in 2020? 25-08-2020, 06:44 PM #6
25-08-2020, 06:44 PM
#6