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Money Talk

BitCoin Mining Profitable?

Submitted by NimitSz, , Thread ID: 65978

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Is Bitcoin Mining Still Profitable
Show Results
Yes Its Profitable
24.07%
Votes:
13
% of votes:
24.07%
No Its not Profitable
64.81%
Votes:
35
% of votes:
64.81%
I Dont Know
11.11%
Votes:
6
% of votes:
11.11%
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RE: BitCoin Mining Profitable?

#54
Do not mine bitcoin. The more people mine, the more time it takes for new "blocks" to be mined. That means over time, more and more powerful hardware is needed. Instead, people should look into mining "altcoins" like Monero and Ether.

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