Topic: Is it still worth mining bitcoin in 2018 ? - page 10. (Read 2530 times)
in my opinion it is still feasible, because bitcoin is still quite a lot left over that is still not mined, but if the problem of profit or loss depends on the electricity tariff in your country, if the electricity tariff in your country is cheap enough to do mining is still quite profitable.
I think it's not really worthy to spend time, money, and effort in mining this year because of the status of bitcoin. Here in our country, my miner friends had recently shut down their mining rig because of bitcoin crash and very expensive electric bill.
By looking at the falling prices of bitcoin, accompanied by high electricity rates, and mining equipment that is difficult to obtain and also very expensive, I think it is best to forget about this bitcoin mining in 2018, because the risk is too large and we might lose a lot if forced yourself to mine bitcoin this year.
The bitcoin mining profits maybe not effective because of increase in the mining difficulty of bitcoin but it still give earnings.
I suggest you to mine monero because difficult level is very less and the coin is also undervalued so if you can mine some monero nowadays it will give good profits when its price bumps.GPU mining is the best available way to mine monero.
The answer to this question is it depends on where you live and what level of investment you’re willing to make. You may find that you live close to a renewable energy source and therefore, can run the most powerful mining rigs possible without killing your profits on electricity.
My question is if it's still worth buying Asic's and start mining BTC in 2018.
If not mine BTC what other coin is it worth to mine nowadays?
I think you will be able to earn in mining but it’s difficult and also the materials you need are expensive. If not mine BTC what other coin is it worth to mine nowadays?
You will also pay large amount of electricity bill to earn small amount? Also mining is a long process.
It can really be disadvantageous for you. You need to buy expensive equipment, pay large electricity bills. In addition, this is quite a long process, So I recommend you not to bother, but just buy bitcoin and wallet for it.
In my country, the cost of electricity is too high. Therefore, I immediately abandoned production in favor of the usual long-term investment. I think it's even more profitable. And more simply.
I too as well as you studied this question, but all in one voice to me repeat that it is too expensive and doesn't justify itself. So I gave up the idea and decided to just buy it on the stock exchange.
Nah mate. Mostly it's a waste of time and effort. Bitcoin mining requires a lot of resources which are usually not within the means of an individual. You can try your hands on mining shitcoins with low difficulty level
If you have access cheap electric, it is very profitable. Even if you don't, still it give some profit. Otherwise people would stop mining and difficulty would drop.
But people are getting profit out of it. But yes, you can't have huge earnings.
Many factors need to be considered to conclude and answer the feasibility of mining Bitcoin in 2018. I think, Yes, it's still worth, but, that's only if you invest a large amount of capital on a good mining rig. If you do not have time or money, you should stay away from mining and only invest in buying Bitcoin for the long term.
My question is if it's still worth buying Asic's and start mining BTC in 2018.
If not mine BTC what other coin is it worth to mine nowadays?
If not mine BTC what other coin is it worth to mine nowadays?
I think to date investment in bitcoin is still feasible, because some people still see that bitcoin still benefits investors. yes, although sometimes difficult to guess, bitcoin can still be used as an investment
Mining bitcoin this year 2018 is not that good . Because you will spending alot of money in buying hardware and the profit will is not that good, instead invest or buy bitcoin.
Mining bitcoin doesn't worth the effort in 2018 because it is no longer profitable unless you are planning to hold your bitcoin until the next bull run.
You have a point, but it still depends on the devices and resources a certain person can provide. If they provide it then try to mine but I also think that mining bitcoin is not profitable now.
Nah mate. Mostly it's a waste of time and effort. Bitcoin mining requires a lot of resources which are usually not within the means of an individual. You can try your hands on mining shitcoins with low difficulty level
mining bitcoin is determined ourselves if we want to mine it is up to it if not yes it's up to our right to do whatever it is so no one forbids us and it doesn't hurt if we want to mine or not if it's lucky yes it's profitable if not be patient just maybe not hockey
Mining bitcoin doesn't worth the effort in 2018 because it is no longer profitable unless you are planning to hold your bitcoin until the next bull run.
In my opinion, if you have not previously engaged in mining and you did not have powerful equipment, you should not climb there. But if you have extra money, then of course you can try
I would agree, overall you can give it a shot, there's always going to be a risk,no matter what you do.
I think it is worth starting to mine bitcoin because you still have chances to catch the big fish. I am mining and I recommend it.
Instead of investing money in mining hardware your better off just buying the coins. looking back at the profits miners have made, they would have pretty much always been better off just buying the coins instead.
Profits have been rapidly decreasing as difficult is continually rising. Right now is a tough time to get into mining. The only positive right now is you may be able to pick up some cheap gear from desperate sellers.
Profits have been rapidly decreasing as difficult is continually rising. Right now is a tough time to get into mining. The only positive right now is you may be able to pick up some cheap gear from desperate sellers.
My question is if it's still worth buying Asic's and start mining BTC in 2018.
If not mine BTC what other coin is it worth to mine nowadays?
If not mine BTC what other coin is it worth to mine nowadays?
Guess it's not a very good time to start, taking into account that very little amount of btc is left. Time for trading.
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