Money Talk

Is bitcoin worth it?

Submitted by Tarxan, , Thread ID: 104327

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RE: Is bitcoin worth it?

#26
Bitcoin is only worth it in some countries. I'm living in germany for example, and bitcoin here is absolutely not worth it. The profits have to outweigh the money it costs to power the machine that you use for cryptomining. Energy in germany is so expensive that cryptomining in germany is basically dead these days. What country do you live in? What are the energy prices there? If your country relies highly on eco-energy then the chance is very high that the energy prices are too high to make crypto mining sustainable for you. If your country uses nuclear energy / coal, you'll likely make quite a profit if you mine with the right equipment; namely that would be a number of 2k series graphics cards.

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