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Topic: Is it still worth mining bitcoin in 2018 ? - page 16. (Read 2530 times)

sr. member
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Merit: 257
LuckyB.it is Back!
January 25, 2018, 05:24:08 AM
#6
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?
Mining is the best platform because it is decent profit in every month. But it take more power consumption so many users are avoid the mining platform. I prefer mining is good profitable platform because I use solar power supply in my mining rig so it is reduce my power consumption bill. In many countries governments are strictly avoid the mining. Because mining platform is consuming more consumption this reason is major issues in this platform. So you should use solar power you can earn more profit.
member
Activity: 112
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Aida Service
January 25, 2018, 04:57:54 AM
#5
Nowadays bitcoin mining is not that profitable for end users, the ones that are profiting right now are the big comapanies that have warehouses full of processors dedicated to just bitcoin mining. For you to have profit you would have to make a big inicial investment in asics or so and there should be probably a long roi... so i wouldn't recommend it
member
Activity: 350
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Crypto Enthusiast!
January 25, 2018, 04:35:45 AM
#4
There are more threads on the similar topic, But to answer your question, It is very hard to mine BTC as of today assuming the high electricity costs that are involved apart from setting up your mining rig. SO I would suggest you to forget it Smiley
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
January 25, 2018, 04:33:17 AM
#3
I did search and no relevant answers were found, just dead or old threads without any replies.
full member
Activity: 1498
Merit: 146
January 25, 2018, 04:11:58 AM
#2
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 there are some other similar threads are available on our forum so it is better to search before asking questions.

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.
member
Activity: 232
Merit: 32
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
January 25, 2018, 04:06:45 AM
#1
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?
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