Direct mining is still far more profitable than Nicehash, but if you only have a small mining rig, then there isn't anything wrong with using it. This is just the inherent risk in crypto. If you believe that the coin will go back up, you should keep mining. Otherwise no one knows and. Unless you can get the mining equipment for free and have free electricity, it's absolutely garbage now. Upvote.
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It's no longer profitable especially if you're not in a mining pool and with the upcoming halving it is going to be even less profitable. Is mining mining helpful to people, do they still gain anything? Bitcoin mining takes profitable lot of money kyc bitcoin reddit set still (a lot of money for me at least).
I mine, reddit not for profit. Though I've done the calculations before, and my 4-year old consumer grade CPU still just barely turns a profit. Bitcoin you have free electricity and some very high config devices, it might not be profitable.
Can Anyone Join a Mining Pool?
However, you can look up whattomine to calculate. If you're new to mining and you build PCs as a hobby -- It is definitely worth it if you have the money to invest.
❻Don't listen to that shit. It relies on btc profitable going up. The current mining + replacement cost is around $k/btc. With hash rate changes it still become mining. Most mining at the moment is unprofitable, however you are essentially going long on the coin with the cost being your electricity.
GPU mining is essentially dead, when compared to the past ETH reddit. That time is gone and will never be repeated. Real estate does not have halvings or difficulty increases that reduces the cash flow and usually real estate bitcoin in price, while ASICs.
❻Gpu mining is still profitable and getting better over time, depending on what coin you want to mine and the electricity cost in your region. Crypto is still down 66% or more from it's high point; it will recover again eventually, and mining will be profitable again. Considering.
❻GPU mining will never be finished until POW coins aren't in demand. If POW coins remain relevant/wanted mining will always return to. Not for a while.
I mined Bitcoin for 9 months. Was it worth it??There is simply too much hashrate offline right now, left over from ETH. If you do some basic math, KLS was the first coin to.
I'll add that there is more to mine than BTC. ETH is currently the most profitable to mine but the fork will take that away. Afterwards. ASIC mining of Bitcoin is much more intensive than mining with fiat currencies Still mining KAS because it's low power consumption and I can.
Yeah it is. Check out my companies website.
How to Choose a Cryptocurrency Mining Pool
coinlog.fun you get 70% of coins reddit but 25% get taken away each month to buy. Currently, It's the still profitable mining on any network hands down. Mining on a KS3 ths with power at c/kwh is like buying KAS for. No, anything you mine after you pay your rig bitcoin is profit.
At that rate it's profitable even sustainable, let alone profitable. It's profitable mining now.
❻After merge/ nobody knows. There will be other coins to mine but they almost certainly won't be as profitable. Mining is going to be very profitable.
Pi Network Mining: Everything You Need to Know
It's already quite profitable. But you have to actually look up what coins to mine and what settings to. Is it profitable?
Unless your power is free, no it is not profitable. However, there is always a possibility to mine something that currently is.
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