Topic: Is it time to reconsider mining Bitcoin? (Read 205 times)
Surely it's a function of hash power and difficulty. To take extreme examples. if Bitcoin is worth $1million, but it is so difficult to mine a block, that you are only likely to find one every 100 years, then it isn't worth mining them. If (say) JetBitcoinis only worth $50, but you can mine a steady stream of them, then it is worth starting to mine them.
It's entirely up to you and what you think is the better coin. It's highly unlikely Bitcoin gold will last and Seg is really the only attempt of an improvement on Bitcoin. I would say out of all the forks at the moment Bitcoin is going to be the most profitable if you have the hardware as the others will be forgotten about within a few months.
With the possibility of there being 4 Bitcoin blockchains in the not too distant future, and probably more on the way. It would appear that there may be room for some additional miners on one or more of the blockchains. Should I consider putting together a rig to mine either the current primary blockchain, or one of the new alt Bitcoins?
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