Topic: Is it still worth mining bitcoin in 2018 ? - page 4. (Read 2530 times)
BTC mining at this level is going to be very capital consuming. You will need a huge heavy capital to run it to a level that it will be profitable for you. I believe its advisable to look into other top coins to mine with low capital and reasonable profit
You should check the Mining thread a lot of posts like this with real answers are there.
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?
The first question you must answer is that “in your country are the price of electricity is reasonable for miners?”if not then forget about mining and just concentrate in trading or holding,thats the safest way to make you money profitable since riskis always in here If not mine BTC what other coin is it worth to mine nowadays?
The prices for powerful mining hardware are high.
Remember that you only make a profit after the ROI. And that can take a long time.
Depending on how warm it is in your country, you only have problems. Mining hardware is loud and you need extra ventilation.
Mining: Loud, high electricity bill, hardware defects, constant checks.
Buy Bitcoin: Put on hardware wallet and wait, you can take care of other things in life.
For some it is also a hobby, that is something else again =).
Remember that you only make a profit after the ROI. And that can take a long time.
Depending on how warm it is in your country, you only have problems. Mining hardware is loud and you need extra ventilation.
Mining: Loud, high electricity bill, hardware defects, constant checks.
Buy Bitcoin: Put on hardware wallet and wait, you can take care of other things in life.
For some it is also a hobby, that is something else again =).
mining bitcoin nowadays cannot be used as profit, because bitcoin mining competition is very large, although it produces but mining bitcoin cannot give profit like last year. many miners divert to other coins to be mined.
If you have can get cheap mining equipment and cheap electricity then yes if not then mine some other coin
I think it's a bit late to mine especially with a system that is not normal, so it can interfere with transactions. In other words, mining will not be profitable on a small scale unless you have access to electricity for free or really cheap.
people's preferences are different, some are still mining and some are buying. but I prefer to buy because if I mine it costs a lot of money and the electricity is too high and its use is very difficult.
Analysts have selected bitcoin rivals including Litecoin, Monero, Neo, Cardano, Ripple, Iota and Bitcoin Cash. In mid-November, Bitcoin Cash overtook Ethereum as the second largest currency on the market. market. Since then, it has fallen to No. 3. At present, the amount of copper in the system is 16.8 million, of the total 21 million.
Yes. it is still. If you have the right equipment. However, if not, it is not worth it anymore.
yes it is worth mining btc because it has good future and the price also increasing, it will help for our future life if we do mining now.
i think not everybody can do mining i mean you need to have lots of capital and it is not as easy as the others and bitcoin i think os one of the best ones.
Usually when people leave some kind of activity that makes a profit people who remain in force always win but bitcoin is very difficult to get and I would advise you to switch to another coin if you do not have huge computing power.
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 you are an ordinary miner that have a few rigs, I think it is not worth to mine it. Only big companies are the one who will get a profit in mining Bitcoin because they have complete facilities and they choose a good environment for mining. If not mine BTC what other coin is it worth to mine nowadays?
Hi,
My opinion on this question is yes. It depends on how you work. If you work hard you will get better result. The value of the bitcoin will fluctuates. Today value is high next day it can be raise.
My opinion on this question is yes. It depends on how you work. If you work hard you will get better result. The value of the bitcoin will fluctuates. Today value is high next day it can be raise.
It is so difficult to answer this question because of the price situation most part of the year which has been bearish.If the market is not improving then there is not point buying equipment and sourcing for energy to to start mining. It will be counter productive doing that. Unless of course you are the producer of the equipment and will also provide the energy to be used. The market situation is not encouraging any one to do that. There is always the bull rally towards the last quarter of the year if that will happen this year and the market improves then mining may be tried again.
If you are interested in mining - then do it. While the price of bitcoin is growing, it is still profitable. But keep in mind that it is not as easy as it may seem. Mining is a very expensive enterprise, and if you are going to organize it in an apartment, you may experience problems with electricity consumption. Be prepared for that.
bitcoin mining is not that much profitable now a days. its price and it is hard to mining bitcoin. but still you can mining may be it would not give you more profit waht people earned before.
When I looked at the various types of earnings with the help of cryptocurrency, I immediately brushed off in the direction of the prey. I think that is quite expensive, and the Finance and consumption of electricity and time. Much easier, in my opinion, just buy bitcoin on the exchange and store it.
Bitcoin mining in 2018 is still very feasible to do, because bitcoin is a very valuable asset which is increasingly visible in its strength through the level of public trust in bitcoin and also the increasing number of bitcoin users from time to time. I see that in the next few years the price of bitcoin will be much higher than the previous highest price and even the future of bitcoin is getting brighter where I see that bitcoin will become a national currency someday.
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