Money Talk

Is Crypto Currency Mining still worth it?

Submitted by baller4life452, , Thread ID: 95843

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RE: Is Crypto Currency Mining still worth it?

#11
Mining is dead unless you can push some serious hashrate, the difficulty is way to high for entry level miners unless your mining a new or lesser known coin.

RE: Is Crypto Currency Mining still worth it?

#12
Definitely, mining is almost completely dead. Good time to build a PC though

RE: Is Crypto Currency Mining still worth it?

#13
Mining is not a profitable now as before. It would take more than a year to get your ROI.

RE: Is Crypto Currency Mining still worth it?

#14
only mine if ur electricity is really really cheap and u have a huge amount of gpu's, otherwise dont

RE: Is Crypto Currency Mining still worth it?

#15
i was thinking to start mining, but this thread has made me realized that I shouldn't do it

RE: Is Crypto Currency Mining still worth it?

#16
Obviously, whether you mine or invest in crypto it's profitable because this is the era of mining and cryptos so your efforts won't be wasted.

And always remember, invest that much which you can afford to lose. Although of it is risky things so..

Good luck! Wink
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RE: Is Crypto Currency Mining still worth it?

#17
Actually it's not worth it the electricy bills are gonna be bigger and now bitcoin is alot cheaper so it's just don't worth it.

RE: Is Crypto Currency Mining still worth it?

#18
Honestly mining crypto is kinda worth it if you mine a new coin with low difficulty, but if your looking to mine for profit(small profit) I wouldn't recommend using GPU's as ASIC miners from Bitmain are more prevalent now than when they were announced for ETH and ZCash. In fact GPU mining will be replaced with ASIC miners from Bitmain and the difficulty will skyrocket even for XMR so its best to just day trade like everyone else if you want to make some money.

RE: Is Crypto Currency Mining still worth it?

#19
No way! Only the big boys in cold countries are mining these days.

Try arbitrage and bot trading. Worked for before we had that crash from 20k down to 10k.

But now its picking up steam latey...so don't mine -- just trade. Best best is Binace!

RE: Is Crypto Currency Mining still worth it?

#20
yes but don't mine bitcoin mine other promising coins

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