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?

#51
Tbh i don't think it is. One point you could make 100$ then the next day you would lost it all. It really comes down to how luck you can be or if you're good at stocks because thats how i see it.

RE: BitCoin Mining Profitable?

#52
No Its not Profitable NOW, Alt coins is better than bitcoin for mining

RE: BitCoin Mining Profitable?

#53
mining bit havent been profitable since like 4 years ago,focus on mining good coins with amazing projects and whiteshits liek ripple,ltc,omg,neo

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.

RE: BitCoin Mining Profitable?

#55
It used to be profitable, not at all now though to be honest. I suggest looking into ETH mining.

RE: BitCoin Mining Profitable?

#56
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RE: BitCoin Mining Profitable?

#57
if power costs are low in your area or if you get a contract then yes it is.

RE: BitCoin Mining Profitable?

#58
For now? its not profitable, its down. wait for it to go up and profit :D

RE: BitCoin Mining Profitable?

#59
In Germany it is not profitable because of the expensive electricity costs...

RE: BitCoin Mining Profitable?

#60
Bitcoin mining itself?....no If you mine altcoins however you should be able to get some profits whattomine.com

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