Is mining profitable?

Mining cryptocurrencies is stillprofitable?

Electricity and rig costs are high

I'd say so, it takes a lot of time and investment but it does pay off.

see youtube videos, people make weekly videos about their experience and tricks to make it profitable

i mined with google server lol
just for minergate and i made like 70 $
but its annoying cause google is suspending the servers xD

To calculate profitability, use :

CryptoCompare.com > Mining > Calculators

Choose the currency, put your Hashing Power (H/s, KH/s, MH/s, GH/s or TH/s), your power consumption (W), the cost of electricity and the pool fees.
Done ? See the rentability

I think miningis not too much profitable unless you have some really good rigs. I like daily trading

20-05-2018, 05:14 PM

srSpoK Wrote: Mining cryptocurrencies is stillprofitable?

Electricity and rig costs are high

to make decent money. you'd require
1.botnet and thousandsssso of slaves. to just make a "Decent" amount of money.
this is like an investment and it costs a lot of money and requires luck.
if you think u can do it. then go ahead take a chance

If you can invest a ton of money on minning equipment and you can take the energy cost to the minimum and you can wait a long time to recover your invest, then minning can be something profitable. But if you are investing a money that you can't lose do not even think about take a risk with minning.

I think still yes with 500$ cards ,over a year and u ok

no, atm gpus are overpriced and totally not worth it.