Money Talk

BitCoin Mining Profitable?

Submitted by NimitSz, , Thread ID: 65978

Thread Closed
Is Bitcoin Mining Still Profitable
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?

#21
there's some great website to learn crypto mining but Bitcoin mining is not the best cryptocurrencie to mine its not very profitable
i would suggest you if you want to mine crypto like ETHereum or Electroneum
those 2 are very profitable

RE: BitCoin Mining Profitable?

#22
Well From my experience i mined in CPU but i got loss :( so i won't recommend

RE: BitCoin Mining Profitable?

#23
All the miner-seller companies are the ones in this sector who are making good money. The miners are cheated very well. When you buy a miner, you try and wait it's payback, and then months later you see that the income is nearly like the outcome and you say no way, then you try to find people to sell your miners.

RE: BitCoin Mining Profitable?

#24
Unless you have a huge rag it's not worth it and will never be. Bitcoin, although decentralized, is already ""owned"" by the chinese. It's not worth getting into the game unless you can effort lots of equipment and some months of loss.

RE: BitCoin Mining Profitable?

#25
depend on what you really want , you have to invest about 300,000 USD for devices so no If you really want to know invest this money in other area and buy other currency Bitcoin is dead end

RE: BitCoin Mining Profitable?

#26
Direct Bitcoin mining is profitable only if you mine with ASICs such as Antimer, Avalaon or any other brand.

If you have GPUs the best bet for now is to mine Ethereum

RE: BitCoin Mining Profitable?

#27
I think ethereum mining is more profitable than mining BTC you can just try to mine ETH. ZCASH. Monero or ETN Smile

RE: BitCoin Mining Profitable?

#28
no it is not anymore
you could mine other curencies.

RE: BitCoin Mining Profitable?

#29
If you dont have an asic miner, no. there are too many people in China using the cheap power to run the business into the ground

RE: BitCoin Mining Profitable?

#30
i think no in this days, if u have a energy power source free... u can try

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