Topic: Bitcoin Mining , Is it worth it? - page 4. (Read 2055 times)
Yes it is worth it you got a profit but the problem is your electricity and your 100% profit it will became a 80% because the 20% is to pay your electricity it depends on your mining rigs if you have many mining rigs it is more profitable but your electricity is also big
I would love to say that mining is not profitable. But those guys persisted with mining in 2012 got huge returns after the exchange rates increased
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 !
I think mining is feasible for those investors who have more capital to do the mining is indeed a lot of mining costs because it takes the means and infrastructure to do that 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 !
Bitcoin mining is worth if you have cheaper electricity in your area and the rigs and hardware are bit cheap than other country or place. Most of my friends involved in mining use to say that the profit earned has been spent on electricity bills rather than earning that for self since their electricity cost is high in their area.
yes mining one way to get bitcoin by need of a fairly large capital, before you dive into mining you may need to calculate also the monthly expenditure it starts from the cost of electricity and also the cost of internet data and the selection of the right coin to get the profit from mining, because without a clear calculation will only receive losses financially and time. that's my opinion
Mining is capital intensive coupled with cost of electricity in the country. Meanwhile it is a profitable venture if you have the capital and you can be patient. Wishing you success.
If you plug it in at work and get free electricity, definitely yes
I think its not worth it, unless you do it really sohisticated and you are in the game since a while
I think its not worth it, unless you do it really sohisticated and you are in the game since a while
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 the electricity price is expensive then you will not be as profitable as other businesses. But if you really want to make a lot of money, go to a lot of cheap places to buy.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 !
In addition, the current price of Bitcoin always bring a lot of profit for you. Some people assume that the price of Bitcoin under $ 2k will make you lose. Fortunately, the current price of Bitcoin is $ 8k.
From what I heard, the difficulty level in mining has risen sharply, so you constantly need new assessment at what price one bitcoin is still still profitable to mine
Some people find it quite profitable when you invest more you earn more, but it depends on the mining site if they have great project and if they are not scam mining site also if they are a payable mining site.
Of course, it is worth it. Many of the early miners have made a lot of money. The current mining is very difficult and requires professional miners, which requires a lot of money to invest. If you have the ability to invest, I think digging is a good way.
Bitcoin mining depends on in which country are you doing it to some extent. If govt supports you and cost of running bitcoin mining is low then it's worth.
Yeah it is worth it. =D IF you are using Bitcoin Mining, you should also join bounty campaigns. So that you can earn more and your electrici bill will not go to waste. As I computed the bill earn in mining and bill to pay in electicity has ha huge Gap. Electricity is just buying ha prepaid load . =D
If you have moderately cheap electricity and join a pool is it worth it to mine BTC?
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 !
Bitcoin mining is very feasible. Because mining can also benefit greatly but if we want to play mining, we have to spend considerable capital. Indeed mining is quite complicated and takes a long time but everything back again to each person like it or not. 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 !
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 !
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 !
Not worth, if the price of bitcoin falling down greatly in the market and if the electricity cost of your place is expensive.
maybe you can do cloud mining, or investing your money to mining company that give dividend to its holders.
I think that if you have never dealt with mining crypto, then you should not start. Lately, mining has been paying off for a long time, so investing will bring more money, with the right approach
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 !
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 !
Mining nowadays is still worth it except with expensive electricity bill also you need to add the mining fees that cause of low return to you bitcoin mined. Bitcoin mining also is one of the productive way to earn bitcoin and it is the easiest and pastest way to generate bitcoin.
Yes, mining Bitcoin is worth , It comes with lots for need for technical know how about solving computer generated problems needed to complete a block, and expensive equipment needed for the whole process but in the long run it pays, Bitcoin is the most valuable coin and the miners can keep a portion of what they get to themselves and sell later at a higher price. the cost of mining however can be relatively high especially in areas with high electricity cost
Mining equipment is very expensive, there is a huge consumption of electricity and other problems during work. I think that bitcoin mining does not make sense today.
Mining is complicated. You will face some problems such as electricity fees, proper ventilation and pay off it can take 4-8 months.
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