I think Mining is waste much time if your hardware is not support or compatible. Think about how much money you spend to mining. Think again before mining and learn with someone who is expert in this regard.
Topic: Bitcoin Mining , Is it worth it? - page 13. (Read 2055 times)
If I can get free electricity, difficulties level remain same and I dont have to buy new hardware to extract simillar amount of coin...than yes. But unfortunatelly , all 3 are not possible , than its a straight No for me.
In my opinion yes it is worth it if you have your good gadgets fir mining.I dont have much idea in it because i dont do mining its only my opinion.
I think depends upon the skills and abilities of a people who want to start it over because bitcoin mining is not easy as you think you must first need to prepare all things needed and must need also to have your full acceptance on that.
Hello guys, I have a friend who told me about BITCOIN MINING.
What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
we must know that the miners are quite a lot and the miners have varying degrees or opinions, even they also have a determination that they do not hinder their will, the intent is also necessary. What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
Today I can say I know 12 people mining BTC.
They all started at different periods and were always wondering if it's too late or not.
THey are all happy about the decision to make it!
So take the train!
In my opinion, at the moment, bitcoin mining is extremely dubious, because every day the complexity grows, and you do not know what will happen to bitcoin in the future. You need time to repel your investments! They all started at different periods and were always wondering if it's too late or not.
THey are all happy about the decision to make it!
So take the train!
Certainly still feasible and profitable, many success stories from bitcoin mining and with frequent updates on the latest information about mining then with S5 of bitmain then we can earn about 1.5 btc per month.
I still think that its worth it. I am planning to build my own mining device. If you look at the blockchain, it's still busy and the transactions are still slow. It feels like it still lack miners and I would like to help on that. I know it is not as profitable as before and the costing is high but in the long run mining is indeed profitable if you think about bitcoin price. It also depend if you are located in a country where electricity is cheap.
to start mining of course from the beginning of the start should be really well planned because mining is not something easyrequires very many aspects ranging from the cost of later learning scripts and then various other aspects
and if discussing the profit or not it depends on each person when managing it
Bitcoin mining is profitable only if you have a big farm with lots of computers, then yes it will be profitable. But if you mine with few laptop or pc, it will not be profitable instead you might lose money.
Bitcoin has a good profitable platform but mine in our country is not suitable for mine. So it will not be good now. If you want to invest in it, try to invest in others. If you want, you can invest in powerful hardware hardware. But it costs more. So if you try some other coins like Ethereum for mining, you will get good profits.
It is very necessary because bitcoin is still profitable if you know the way forward. Where you can buy advanced equipment to increase the performance of mining in order to quickly produce a lot of bitcoin. Regarding the power and power of bitcoin mining all is always exaggerated may be the allegation to be able to stop the development of bitcoin in the future. 
I do not consider mining profitable, as you need to have a fairly large amount to buy equipment, have a room where you will mine, and you need to pay large electricity bills. Do you need?
It takes capital to start mining if the electricity becomes an obstacle to get big profits. I think mining will be a big profit when the price of the coin is expensive in the market if the price is down then the profit that it can only be in use pay electricity. before you start to mine better you think first right.
I still think that its worth it. I am planning to build my own mining device. If you look at the blockchain, it's still busy and the transactions are still slow. It feels like it still lack miners and I would like to help on that. I know it is not as profitable as before and the costing is high but in the long run mining is indeed profitable if you think about bitcoin price. It also depend if you are located in a country where electricity is cheap.
Mining may be profitable, but I would never dare to buy equipment for self-mining bitcoin. It is much easier to just buy it on the stock exchange and store it in your wallet.
When I first started my bitcoin activity, I also looked at mining, but then it seemed to me unprofitable, and now I hold the same opinion. Just invest and everything.
Of course, not, Bitcoin mining can be very profitable and a steady income source but it is very much expensive and cannot be possible for everyone. If you have some savings then you can definitely go for it but you have to keep maintaining it otherwise you will lose all of your investment in a couple of months. Just like this year if you want to make money you have to you waste your time and effort will Bitcoin mining most of the effort will be contributed by the minor but you to have to contribute your time.
The one thing I learned from this whole bitcoin thing is that asking if it is late to do something, anything to get more bitcoin, is meaningless.it will be proditable in the long run.
It is currently less profitable especially with the rising difficulty level.Unless you HODL your coins till when bitcoin price become significantly higher than what we have now.
I do not consider mining profitable, as you need to have a fairly large amount to buy equipment, have a room where you will mine, and you need to pay large electricity bills. Do you need?
Hello guys, I have a friend who told me about BITCOIN MINING.
What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
if not worth the results why there are still many miners who do bitcoin mining if it is not worth it there is still a way of investing with bitcoin requires a light cost but big risk and long time What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
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