Money Talk

I'm Considering Bitcoin Mining

Submitted by tomarc, , Thread ID: 167195

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RE: I'm Considering Bitcoin Mining

#11
Mining is soooo dead unless you got like free electricity.

RE: I'm Considering Bitcoin Mining

#12
It's pretty pointless to mine for bitcoins nowadays, your power bill will be much higher than your profit margin

RE: I'm Considering Bitcoin Mining

#13
Terrible idea, not profitable at all anymore. Cryptomining isnt viable anymore.

RE: I'm Considering Bitcoin Mining

#14
Lmao I got into it thinking it could make a quick buck but Later after seeing the estimations before investing in the machine I told my partner to give up lmao

RE: I'm Considering Bitcoin Mining

#15
dont do it. carona virus is slapping the shit out of bitcoins stocks.

RE: I'm Considering Bitcoin Mining

#16
You need to have a nice computer. otherwise it's useless.

RE: I'm Considering Bitcoin Mining

#17
Unless you have a stupid amount of ASIC-capable computing hardware or dedicated GPUs and can get electricity for extremely cheap, it isn't going to be worth the investment and power costs.

RE: I'm Considering Bitcoin Mining

#18
Mining is not going to be worth in any point unless you're going to invest on it for like 100k, so not recommended.

RE: I'm Considering Bitcoin Mining

#19
you need to live in a country with very low electricity fees. If not its not worth it

RE: I'm Considering Bitcoin Mining

#20
first do the math to see if mining in your area is profitable, check the price of electricity in your area, and figure out how much you will be making

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