Money Talk

Is BTC mining worth it in 2019

Submitted by AlBuraq, , Thread ID: 139767

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RE: Is BTC mining worth it in 2019

#11
Depends on your hardware really, if you have crappy hardware you're not gonna be making a lot. Mining is only good when the worth of BTC is low as well :/

RE: Is BTC mining worth it in 2019

#12
i don't know , the price of the bitcoin is increasing and decreasing , but if you have a good (and not cheap) machinery , you can have a rentable mine .

RE: Is BTC mining worth it in 2019

#13
Bitcoin is worth on 2019 i think...is good think for miners.

RE: Is BTC mining worth it in 2019

#14
I don't think it's been worth it for a while now. You had to have done it at the right point. Now it's all about trading at the right time or hodling longterm

RE: Is BTC mining worth it in 2019

#15
This question is posted pretty frequently here, and the answer will never change.

Bitcoin mining is no longer profitable in any capacity. The only way you are going to make a decent chunk of change with Bitcoin mining is if you get incredibly lucky by picking an alternate coin that has a low difficutly level and increases in value rapidly. With the current difficulty levels of mining Bitcoin and other similar coins, you would ultimately be spending more in electricity and utility costs than you would be earning by selling the coins you are mining. Furthermore, the upfront cost required to build a rig that would get you even remotely close to breaking past that margin is stupidly high.

In short, if you REALLY want to mine, find an alternate coin with a low difficulty level or don't mine at all.

RE: Is BTC mining worth it in 2019

#16
Yes it is really worth it in 2019,the rate of exchange makes it more fine and good

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