Topic: Is Mining profitable? - page 2. (Read 6135 times)
Can't waiting for bitcoin price reach $900 and I will start mining again. Now I have 5 units S7 and still turn off after halving day and cost for electricity in my country too high. About a month ago, I was tried for mining with 2 units on 3 weeks but the result is loss.
Mining would be profitable if you have cheap electricity cost on your country. Latest miners do cost $2k usd as of now on the latest ant miner s9 . If you do have only $500 then better to mine on some good Altcoins as of now like ETH and XMR its somehow ideal compare on bitcoin. If you do have exact amount ot invest on an asic miner then go for it, just remember the important thing to run a mining rigs.
Mining is not profitable for now, my power cost is too big with the result. After I calculation, I must waiting bitcoin price reach $850 to get profit.
It depends on electricity costs, on some countries mining at home its impossible for its electricity price, but on other electricity prices are very low and you could make some profit. Also electricity prices on big company normaly are better.
If bitcoin price continues to increase i expect that winning difficult will increase too and you will have problems also with bitcoin at 850$.
that's right
Sorry, are You blind?
People is reporting about profitable mining, just in this topic.
Mining is not profitable for now, my power cost is too big with the result. After I calculation, I must waiting bitcoin price reach $850 to get profit.
that's right the cost is more higher than the amount that you will able to collect and the possibility of burning your device is at risk so better to buy and invest for much profitable and effective way to have btc.
Mining is not profitable for now, my power cost is too big with the result. After I calculation, I must waiting bitcoin price reach $850 to get profit.
after mining please hold our bitcoin until
LOL, you need a therapy
it's time to best mining, because the price increase, after mining please hold our bitcoin until the price more than $1000
One of the most cheep electricity is at Russia.
For sure. And they give for free a hectar of land in the Pacific Area of the country.
Enough for the living and mining.
What is about Internet in Komsomolsk-na-Amure?
I think mission possible with build communication station
One of the most cheep electricity is at Russia.
For sure. And they give for free a hectar of land in the Pacific Area of the country.
Enough for the living and mining.
What is about Internet in Komsomolsk-na-Amure?
In my opinion it will be hard to earn good profit from btc mining. The mining diff is really high. But you will have competitive advantages if you live in a country with very low electricity costs.
One of the most cheep electricity is at Russia.
For usually users(not for the company), about 36$ for 1kW per month.
No not it is not profitable anymore i think that it will even never be anymore because everything lke electricy,water gas and other important things are more and more expensive.
In my opinion it will be hard to earn good profit from btc mining. The mining diff is really high. But you will have competitive advantages if you live in a country with very low electricity costs.
About altcoin mining:
I have any rigs with 6 rx 480, today i mining zcash. It's around 735 H/s per one.
Profit at day ~ 10$.
Power is 1100W/h.
I have any rigs with 6 rx 480, today i mining zcash. It's around 735 H/s per one.
Profit at day ~ 10$.
Power is 1100W/h.
perfect
About altcoin mining:
I have any rigs with 6 rx 480, today i mining zcash. It's around 735 H/s per one. Profit at day ~ 10$. Power is 1100W/h.
About the bitcoin and litecoin mining - it's is really profitably if u have free electricity or pay around 5-10$ for 1 kW per month.
I have any rigs with 6 rx 480, today i mining zcash. It's around 735 H/s per one. Profit at day ~ 10$. Power is 1100W/h.
About the bitcoin and litecoin mining - it's is really profitably if u have free electricity or pay around 5-10$ for 1 kW per month.
In my country mining not yet profitable, if the price reach $800 mining will profitable, i hope 3 units s7 from bitmain and still off after halving day or 4 more ago
It is not easy, but it's possible. I think altcoins mining is a good alternative, especially if you have gpus available. Depending on your location, it may be much more difficult to mine bitcoins, especially if you consider the shipping costs of the mining equipment.
Mining is working out just fine here
Note, i do mine altcoins and sell them each 2 day`s to Bitcoins, exept my ethereum rig, i keep my ether.
Note, i do mine altcoins and sell them each 2 day`s to Bitcoins, exept my ethereum rig, i keep my ether.
Mining is profitable only if you have very cheap electricity in your country . Otherwise its not profitable method nowadays because you will need to spend a lot of money.
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