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?

#61
It is!

Look at how the blockchain is saturated. Get in there, mine, get your fees and make profit!

RE: BitCoin Mining Profitable?

#62
Dont believe the youtube videos. Btc mining is not at all profitable for home based miners. If you set up at an industrial scale than you pay a lot of taxes.

RE: BitCoin Mining Profitable?

#63
Well, you'll need a lot of devices, time, and money for the taxes XD, so no.

RE: BitCoin Mining Profitable?

#64
rgregregregergregerg5000000000000...............fbrebrbrebrebrebrzbzbbebe.

RE: BitCoin Mining Profitable?

#65
You need to invest much into mining rigs, energy costs. It'll also take time to get back your investment before you actually gain profits.

RE: BitCoin Mining Profitable?

#66
right now i dont advise u to invest in any crypto currency cause they are going down for a period

RE: BitCoin Mining Profitable?

#67
At this given point, putting any money into bitcoin mining is not worth it. This is with the given exception if you have a lot of money to blow, if you do great you can! The downside of starting now is that bitcoin has advanced over the last year or so and it is just going to keep going up and up. You are much better off in investing into a part of bitcoin itself.

RE: BitCoin Mining Profitable?

#68
Bitcoins mining is bad , mine monero or etherum :D :D

RE: BitCoin Mining Profitable?

#69
I believe its profitable if you bought bitcoin just now when it dropped, it should rise again and you should make a huge profit from it. I just bought it at $8k with around $100 and now it went up and basically made a free extra $100.

RE: BitCoin Mining Profitable?

#70
Not really simple like that don't lose yur tieme with paypal

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