Money Talk

Worth Mining for Personal Use in 2020?

Submitted by jojokokolo, , Thread ID: 175810

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RE: Worth Mining for Personal Use in 2020?

#11
Forget mining Bitcoins to make profit. You can look for other currencies like Monero which can be mined on your personal PC and smart phone too. Just don't expect to earn much here

RE: Worth Mining for Personal Use in 2020?

#12
like everyone else said, i dont think its worth it anymore.
just watch some yt videos or look some server farms up on google.

RE: Worth Mining for Personal Use in 2020?

#13
Thankyou for info..............................................

RE: Worth Mining for Personal Use in 2020?

#14
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RE: Worth Mining for Personal Use in 2020?

#15
Not anymore, I dont think it ever was, Maybe at the beggining nowadays its not worth it IMO

RE: Worth Mining for Personal Use in 2020?

#16
No, since it requires a lot of funds, and bitcoin is not stable right now, you can lose your capital at any time

RE: Worth Mining for Personal Use in 2020?

#17
Ughhh,really hate having to repeat myself,but ohh well,here it goes.

11-08-2020, 08:14 PM
Oathkeeper Wrote:
My honest recommendation to all of you that mine from your computers at home is: Don't.

Even though you might get some amount of cash for your efford,you are significantly reducing your device's lifespan.Overheating,burning yourself and melting other hardware is not uncommon.
And in the end,even if those risks above didn't happen, you are still consuming your household's electricity to run the device to the maximum.
Whatever you make,will most likely be balanced out from the electric bill (if any profit at all)

The only viable option when mining,is to do it at a business PC that you do not own.
[Image: 02dc2ff30a91cfba8379da958848db64.gif?fbc...lL9N_QZTaI]
My grand upgrader (thrice): Ninja

RE: Worth Mining for Personal Use in 2020?

#18
Mining bitcoin these days will leave you at a hefty loss with all things considered lol.

RE: Worth Mining for Personal Use in 2020?

#19
Things have changed a lot over the last few years. A single GPU could mine things like vertcoin decently well back in 2016-2017, now not so much. Also that project fell off soon after the last run.

It really depends on if you can find a project that is not known or technically "worthless" and get in before something happens. Otherwise, any mainstream mining like say Bitcoin as the others have said is worthless. The cost of electricity and hardware is too high. You would be better off saving extra cash and dollar cost averaging it into a project you like rather then trying to mine anything at this point - even the small unknown projects. A few dollars will buy you more than you could ever mine in a day.

Cheers

RE: Worth Mining for Personal Use in 2020?

#20
I'm still going for eth, with my beginner mining rig now.

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