Mining bitcoin only worth it if you have such a big mining rigs and cheap cost of electricity. However, if you don't have those things I've mentioned above you can still mine other alternate coins which are still profitable.
Mining is now always about bitcoin but there's also various coins you can mine.
And my opinion about bitcoin mining is it's really not worth it. The difficulties were too hard and halving already occurred therefore the profit you will get will cut in half if you compared to before halving occurred
I won't do it though, for now
Topic: Are we lucky with cloud mine bitcoin now - page 2. (Read 943 times)
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
whether it is still beneficial for us to mine bitcoin in the present, because the cost to mine alone is great, whether it be above current mining results from the cost
please give your opinion
please give your opinion
mining bitcoin for now is not recommended unless you have free electricity and you should have big hashrate in your hardware because the diff of bitcoin itself from time to time is increase for quickly. but if you are mining altcoin, then maybe you can get a good profit.
Totally suck bitcoin mining is a dead profit idea and we cannot truly earn by that thats why its not advisabke to anybody to mine it since surely we might gonna lose our capital aswell as our energy cost will stretch, we better try to find another good alts rather than bitcoins, or maybe we should leave the mining thoughs since it surely cannot help ourselves to earn.
whether it is still beneficial for us to mine bitcoin in the present, because the cost to mine alone is great, whether it be above current mining results from the cost
please give your opinion
please give your opinion
How come you will be lucky if bitcoin mining is not profitable? Difficulty are more higher and surely your expenses will be high rather than your earnings and also you might gonna get the full information about it if you search it on google or even on youtube, jusy try wander around and you could truly see some points about it,
And other miner shifts to other altcoins where they can earn profits but i don't know how profitable are they if you mined them in real time act.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
whether it is still beneficial for us to mine bitcoin in the present, because the cost to mine alone is great, whether it be above current mining results from the cost
please give your opinion
please give your opinion
mining bitcoin for now is not recommended unless you have free electricity and you should have big hashrate in your hardware because the diff of bitcoin itself from time to time is increase for quickly. but if you are mining altcoin, then maybe you can get a good profit.
Nope the profit now is quite small, after the halving the mining percentage has been decrease, now mining is so difficult to earn profit, the one that makes mining not profitable is the electricity cost, if you can get a cheap electric source maybe you still can earn profit, otherwise you better find another source of income
whether it is still beneficial for us to mine bitcoin in the present, because the cost to mine alone is great, whether it be above current mining results from the cost
please give your opinion
please give your opinion
I'm not sure bitcoin mining business is bring profit nowadays, unless you have a lot capital and surely cheap or even free electric bills.
I see there are a way to make electric bills cheaper, using solar energy, instead it could be need a some permission from the government, or institution.
Quote
There were never mine bitcoin in bitminer.io
This service obviously ponzi scheme, too risk nowadays using cloud mining as investment.
OP, you should move this thread to another section. Cloud mining topics should not be posted here. I think you should move it to the scam accusation or services. Please read the post of MODs here https://bitcointalksearch.org/topic/m.4353159.
Regards this bitminer.io. Surely this is a ponzi scheme. Just by looking at it and judging how much returns they are promising for sure this is a scam. It's really too good to be true. Another sign is that the affiliate program is so generous! How can a service give out 20%-100% as their affiliate program! So OP, if you did invest here. Say good bye to you investment. The company does not own miners nor do they really offer miners, it's all a scam!
Regards this bitminer.io. Surely this is a ponzi scheme. Just by looking at it and judging how much returns they are promising for sure this is a scam. It's really too good to be true. Another sign is that the affiliate program is so generous! How can a service give out 20%-100% as their affiliate program! So OP, if you did invest here. Say good bye to you investment. The company does not own miners nor do they really offer miners, it's all a scam!
thank you very much because you have to remind me about this error
OP, you should move this thread to another section. Cloud mining topics should not be posted here. I think you should move it to the scam accusation or services. Please read the post of MODs here https://bitcointalksearch.org/topic/m.4353159.
Regards this bitminer.io. Surely this is a ponzi scheme. Just by looking at it and judging how much returns they are promising for sure this is a scam. It's really too good to be true. Another sign is that the affiliate program is so generous! How can a service give out 20%-100% as their affiliate program! So OP, if you did invest here. Say good bye to you investment. The company does not own miners nor do they really offer miners, it's all a scam!
Regards this bitminer.io. Surely this is a ponzi scheme. Just by looking at it and judging how much returns they are promising for sure this is a scam. It's really too good to be true. Another sign is that the affiliate program is so generous! How can a service give out 20%-100% as their affiliate program! So OP, if you did invest here. Say good bye to you investment. The company does not own miners nor do they really offer miners, it's all a scam!
whether it is still beneficial for us to mine bitcoin in the present, because the cost to mine alone is great, whether it be above current mining results from the cost
please give your opinion
please give your opinion
Jump to: