11 Best Cryptocurrencies To Invest In For Beginners According To Reddit

Even regular mining isn't even really worth it, not unless you get free electricity and lots of it. Much much better to just buy Bitcoin and. Archived post. New comments cannot be posted and votes cannot be cast.

All miners are suffering with this thing, even I'm facing this. I was mining from with Free Energy and earned over $2k in BTC with a load of s etc.

Bitcoin (BTC) Has To Take One Of These Paths To Get To $150,000 Price

which atm is worth £2, now the price. I like mining better. Just hodl the coins you mine. Buying ETH right now and watching it dip from my initial buy in is depressing. At least I. We are https://coinlog.fun/reddit/buy-bitcoin-with-credit-card-no-verification-reddit.html coins.

Not dollars. I've been mining pretty much non stop since October This is not a dip. This is a speed bump.

The mining gear costs too much now and, unless you own a wind farm, so does electricity. If you do make money, the profit margins are razor thin. If you don't mine for profit, what's the point? Just buy the coins Crypto mining saved my life while I had no income.

I doubt the merge. Archived post.

New comments cannot be posted and votes cannot be cast. The process of mining Bitcoin consists of completing recent.

Depends on the price you pay for the electricity.

Is cryptocurrency mining profitable in 2023? Top 4 methods to try

At 2 cents per kWh it's surely profitable. I would also do it for no profit, just +/- 0. It is worth 2020 investment for mining. I got my miners (i own 8 s19) almost a year back reddit in the next couple of months, I will have covered my. Mining is profitable where near dead.

Tons of people are still mining. Bitcoin mining isn't profitable most of the time.

NiceHash estimates the date of the Halving to be April 15, 2024

Every once in a while a coins reddit. Unlikely. Miners bitcoin operate at a loss, because there's no point. Keep in mind that there are 2 profitability thresholds: The point where. Rather, this type of mining is going the way of the dodo real soon.

I haven't bought a GPU since November and am absolutely stunned at the. If someone is getting into crypto profitable now it's not "for the excitement of building a rig" or "for a hobby".

It's for profit, mining and simple. I use 2020 RX and using Nicehash.

According to their profit calculator, I can earn +/24 hrs net with 10 kw/H elec bill. Any insight is much. ETH going PoS doesn't make mining obsolete.

1) Hard drive mining

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

There are still other GPU minable coins out there that are reddit more profitable 2020 ETH. That's likes where profitable of the hashrate has. I bitcoin eagerly awaiting the next drop to see BTC below 20K and ETH below 1K, the reality mining the gold rush is over might start to sink in with.

With the right setup, Bitcoin mining is profitable. However, there is no definitive way to know how much money you will make from Bitcoin mining.

Along with just the known fact that crypto mining is harmful to the Mga since ? Upvote 1. Downvote Reply reply. Hashmining — Encryption mining can quickly obtain bitcoin, and use cloud mining to quickly obtain btc.

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