Mining is still worth it but the fact is that you should indeed not doing it anymore for the bitcoin itself its just not profitable anymore with it, for altcoins its pretty profitable if you are having some good mining equipment.
You are right and now i really consider that thing regarding on mining nowadays i think mining altcoin would be the best alternative and i dont have any interest on bitcoin mining anymore since the difficulty is already high to consider even how good the miner you have.Investing on cloudmining is risky. 
Topic: Is investing in mining still worth it? - page 3. (Read 12776 times)
Mining is still worth it but the fact is that you should indeed not doing it anymore for the bitcoin itself its just not profitable anymore with it, for altcoins its pretty profitable if you are having some good mining equipment.
It can be worth it but its really depending on what you are mining altcoins are still profitable but mining bitcoins is not at all for sure!!
I agree mining is still worth it, every dollar but not anymore with the bitcoin because its just going to slow and will cost you more electricity too.. not worth it anymore due to that, for altcoins there is still hope.
It can be worth it but its really depending on what you are mining altcoins are still profitable but mining bitcoins is not at all for sure!!
in cloud mining then not really as you might only make a small profit so if that ok with you then yes but it better to buy your own mining equement yes it cost more but at least you now you not making someone eles some free money so I say it not worth it and if you want to invest you $100 on somethink else that might mae your more money like loans.
Yes I agree, too many problems when we investing to cloud mining, according my experiences invested in some cloud mining need more than a year to get RoI. Sometimes I don't know, why if the price increase but the result is down without reasons. legendary
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In my opinion, yes investing mining is still worth it and profitable. It is profitable, which is why so many people are doing it and global hashrate is floating around its all-time high. But every two weeks the mining difficulty is adjusted, which has the effect of keeping mining right on the razors edge of profitable. The biggest factors determining profitability are equipment costs, the price paid for electricity.
Why does it worth? If you just hold your BTCs for some time you will make a higher profit than investing in such sites. People are always investing on it, but they are always complaining about it later too. They think it's possible to earn a decent passive income "lifetime", that is why they are investing on it, but when they know the reality of the facts, they regret a lot.
In my opinion, yes investing mining is still worth it and profitable. It is profitable, which is why so many people are doing it and global hashrate is floating around its all-time high. But every two weeks the mining difficulty is adjusted, which has the effect of keeping mining right on the razors edge of profitable. The biggest factors determining profitability are equipment costs, the price paid for electricity.
Why does it worth? If you just hold your BTCs for some time you will make a higher profit than investing in such sites. People are always investing on it, but they are always complaining about it later too. They think it's possible to earn a decent passive income "lifetime", that is why they are investing on it, but when they know the reality of the facts, they regret a lot.
in cloud mining then not really as you might only make a small profit so if that ok with you then yes but it better to buy your own mining equement yes it cost more but at least you now you not making someone eles some free money so I say it not worth it and if you want to invest you $100 on somethink else that might mae your more money like loans.
Investing into building mining rigs can still bring you some profit IF you have cheap electricity, around 5-6 cents per kwh. Anyone above that is big risk and I would not touch it.
What do you mean "building mining rigs"? Do you mean building and reselling GPU miners - quite clear that it is not feasible for ASIC
I think he means buy the ASIC and mine. If your electricity is just 5c per kWh, that will be quite profitable.
In my opinion, yes investing mining is still worth it and profitable. It is profitable, which is why so many people are doing it and global hashrate is floating around its all-time high. But every two weeks the mining difficulty is adjusted, which has the effect of keeping mining right on the razors edge of profitable. The biggest factors determining profitability are equipment costs, the price paid for electricity.
Investing into building mining rigs can still bring you some profit IF you have cheap electricity, around 5-6 cents per kwh. Anyone above that is big risk and I would not touch it.
What do you mean "building mining rigs"? Do you mean building and reselling GPU miners - quite clear that it is not feasible for ASIC
Investing into building mining rigs can still bring you some profit IF you have cheap electricity, around 5-6 cents per kwh. Anyone above that is big risk and I would not touch it.
It is not good to invest in cloud mining because they will buy hardware with our money, they will start mine bitcoin for many years and they will send only some % to us, it will take lot of time to get your returns may be it will take nearly more than one year and suppose in between what will be company status nobody don't know. Too risky.
Right now, I'm planning to invest more or less $100 in HashNest since I've used their services before, but on a very very small scale.
$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.
I think you should invest with only small amount so that, if ever that mining is scam, it is not much lost. Also, if you really want to invest on mining, ask its users and some reviews. Most of mining bitcoin nowadays tend to scam many people.$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.
Yes, doesn't matter the amount invested, big or low amount, you won't see any profit on it. The cloud mining initially, offers a average income that could result in a 1 year ROI. But as their income lower each new day, at some point this is impossible to happen. So, investors never know when they will hit ROI or if they will really hit ROI...
It is logical for me as a miner hosting service provider though - investing in a facility is cheap compared with the cost of hardware miners. I invested USD 25k to build up my one-megawatt facility; but if I want to fill it up with S9s, that would be 1 million dollars. It just makes sense to rent the capacity to people to take full advantage of the capacity.
Right now, I'm planning to invest more or less $100 in HashNest since I've used their services before, but on a very very small scale.
$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.
I think you should invest with only small amount so that, if ever that mining is scam, it is not much lost. Also, if you really want to invest on mining, ask its users and some reviews. Most of mining bitcoin nowadays tend to scam many people.$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.
Yes, doesn't matter the amount invested, big or low amount, you won't see any profit on it. The cloud mining initially, offers a average income that could result in a 1 year ROI. But as their income lower each new day, at some point this is impossible to happen. So, investors never know when they will hit ROI or if they will really hit ROI...
It's not worth it. It wasn't worth it last year too. Mining won't get you more coins compared to buying and holding and the risk of a fire, theft or any other equipment failure is too great. It would've been different if the hardware sellers provided some kind of a warranty, but they don't and people are still buying their product like crazy. What would you do if a store you bought your pc from told you there's no warranty? I bet you'd never buy it.
What kind of store that either that doesn't provide for the pc that you'll buy with them. It's a protocol to all stores that they need to provide warranty for their consumers, you can make some complaints to the Trade Bureau in your country for that store. And with mining, it is a fact that it is not worth it to invest with it, unless your electricity is free and your hardware is not that expensive enough to buy.
It's not worth it. It wasn't worth it last year too. Mining won't get you more coins compared to buying and holding and the risk of a fire, theft or any other equipment failure is too great. It would've been different if the hardware sellers provided some kind of a warranty, but they don't and people are still buying their product like crazy. What would you do if a store you bought your pc from told you there's no warranty? I bet you'd never buy it.
It's a very specialized business. There are many factors that make it difficult for new users. In addition to those already mentioned, such as mining diff, equipment costs, electricity cots, there are other factors that also make a difference, such as the cost of sending the equipment. This makes the cost lower for people who live near the manufacturers. 
It's not worth it. It wasn't worth it last year too. Mining won't get you more coins compared to buying and holding and the risk of a fire, theft or any other equipment failure is too great. It would've been different if the hardware sellers provided some kind of a warranty, but they don't and people are still buying their product like crazy. What would you do if a store you bought your pc from told you there's no warranty? I bet you'd never buy it.
I put your question differently. What if no one engaged in mining? Mining is important because it continues the production of btc. I believe that it's till worth it someone to invest on mining but also I know that doesn't have many benefits but we specify how many and what benefits it will has for whatever we do.
It is true that bitcoins miners are desperately needed brother but other than thinking emotionally we also have to check if we are doing mining in loss or profit, yeah a friend of mine whom I encouraged to buy some mining rigs and mine said he ended up in loss. Though he never regretted since the price of bitcoins saved him 
I put your question differently. What if no one engaged in mining? Mining is important because it continues the production of btc. I believe that it's till worth it someone to invest on mining but also I know that doesn't have many benefits but we specify how many and what benefits it will has for whatever we do.
You can earn more bitcoins by investing in the altcoin mining then sell the coins for the bitcoin. That is more efficient.
So where do you mine that? Does any cloudmining site offers alt mining? But for what i've seen genisis mining offers zcash but i think i see some people claims that it is not worth it to go invest on alt mining on their, but if you have an hardware to mine alts well actually you can earn some profits with that but don"t expect for it to became more bigger.
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