So 5 years from now mining will be profitable again?
I say thats if it goes through a serious value increase, thats the only way anything will be worth doing. And at this moment 5 years is apart is a long time, but from past experience of 3 years ago when the ETF was proposed by the winkelvoss twins they still havent updated whats going on with it.
Which is where the value for mining would impact on that event on what I mentioned.
I say thats if it goes through a serious value increase, thats the only way anything will be worth doing. And at this moment 5 years is apart is a long time, but from past experience of 3 years ago when the ETF was proposed by the winkelvoss twins they still havent updated whats going on with it.
Which is where the value for mining would impact on that event on what I mentioned.
Mining is never supposed to be too profitable according to the actual price of the bitcoin in the moment you are mining, if the difficulty increases the price should too, unless you try solo mining wich is luck based and pretty stupid if you ask me
Mining is always suppose to be profitable.... there are huge companies based on this. Yes it can be done profitable.
You do need cheap electricity. But it can and is being done.
You didnt read well i said ''TOO'' profitable, like you will never get instantly rich because of mining, of course its profitable if it wasnt bitcoin would be dead and no one would want to mine anymore. Unless you mine new coins for pump and dump or you get lucky and mine a coin that will raise in price hugely.
Define "TOO" profitable? I would say some big companies are making a lot. They do it in scale.
