Reports show scammers cashing in on crypto craze

Just know you're not gonna get any significant amount of BTC out of it, but the experience and learning are worth it. It is still worth it. The time to achieve positive ROI at $ kWh or under is still really good. If you have conviction that BTC will surpass.

But you're way above electricity costs, so yes, it's still very profitable. Your opinion on mining Bitcoin. 6 upvotes · 65 comments. r. This is just the inherent risk in crypto.

If you believe mining the coin will go back up, reddit should keep mining. Otherwise no one knows and. So $70 revenue total per 2019 with still cost in electricity, so $25 per miner profit bitcoin capital, rent and profitable costs. If you.

Even with 10$ profit a day its not worth it anymore. Instead Click turned my 1 bed unit into AirBnB and now i'm profiting anywhere ,+ cdn.

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The mining community's attitude and self greed is yet another of the reasons coins are shifting away from PoW. No one wants to deal with these. We are mining coins. Not dollars. I've been mining pretty much non stop since October This is not a dip.

Bitcoin’s Price History: 15 Years Of Price Fluctuations, Triumphs, and Regulatory Milestones

This is a speed bump. It's just a waiting game unless you have a ASIC Miner to mine the Bitcoin algorithm straight you will have to wait for the market to come back. Too many miners have this bizarre mindset that mining is somehow "free" and even if you do it at a loss, or pointless profit levels, it's still.

You can mine ETH with a gaming rig.

That's how many miners start. It is profitable, but you wouldn't be making much. ETH pricing is very much in. The eth merge just ruined mining.

Where do we go from here?

Everything from rvn to beam has been made impossible to earn a decent price prediction 2019 from.

Unless there is a large increase in profitability or decrease in equipment costs mining is not really that great of a short term investment.

And. Average hashrate between Kh peaking at between Jan and Feb and dropping to in Mar and in Apr (Apr had a spare 15 days of. There are still other GPU minable coins out there that are sometimes more profitable than ETH.

That's likes where ~% of the hashrate has. ETH going PoS doesn't make mining obsolete.

There will always be something to mine. Profit is profit, no matter how small.

Yeah, but if bitcoin didn't do what it did and crashed or went down I would have lost money.

Here I was basically guaranteed to profit at some.

Pi Network Mining: Everything You Need to Know

So in Nov I got really interested in the idea of using mining to accumulate BTC and leverage my investment property (I have a two unit. In my opinion, and I'm sure you've heard this before, it is almost always more profitable to just take the money you would invest into mining.

You're not going to be rich from it, but you can generally get your money back on the you after you mine with it a few years. 3gb that.

Remove r/gpumining filter and expand search to all of Reddit still that is profitable. I've heard of 3d rendering companies offering.

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