It depends what you want to mine. I only mine currencies early stage to get as much rewards as possible.
I prefer currencies where I am optimistic that it will increase in price and marketcap. No BTC or ETH mining here.
Topic: is mining still profitable? - page 3. (Read 3512 times)
my answer will be yes。
A lot of profitable coins are not on whattomine. Do your own research and those little gems will pop up every now and again
A lot of profitable coins are not on whattomine. Do your own research and those little gems will pop up every now and again
True
Lots of thing to understand about the coin cycling life
my answer will be yes。
A lot of profitable coins are not on whattomine. Do your own research and those little gems will pop up every now and again
A lot of profitable coins are not on whattomine. Do your own research and those little gems will pop up every now and again
thanks for the answers guys will do try to keep it in mind
yeah i ordered bitcoin miners from bitmain, but the recently raised thier prices so no more orders from me for a while
so cloud mining is better than getting a mining rig ?
It always be as long as coins are alive
You must do a lot of research first... profit depends on lot of factors including your investment, electricity cost in your area, the coin you want to mine , etc.
Unless proof of work completely disappears there are bound to be new inventions in new mineable coins. And those could become valuable.
Yes! Mining is still profitable and you're not late to start. But, if you want to get rich faster I believe trading is the key. Some of my friends were started from mining later on they start trading and now focus on trading. There mining rig is still there but their priority now is to trade.
I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ?"
No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money !
You have to make a decision for yourself !
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
It's little bit of gambling , you must to decide you want to play on the lottery or not Grin
YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold the coins , miners
------------------------------------------------
- not my words but i agree with this
No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money !
You have to make a decision for yourself !
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
It's little bit of gambling , you must to decide you want to play on the lottery or not Grin
YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold the coins , miners
------------------------------------------------
- not my words but i agree with this
I would suggest mining Bitcoin, as it looks the most stable and steadily increasing token.
Mining is not profitable!! Shut down your rigs and sell them!
Totally agree with u..
Mining is not profitable!! Shut down your rigs and sell them!
but if i get a d3 i know its going to be like super good short term or long term right? and it pays for itself in like 2 months
look at the difficulty chart of Dash: https://bitinfocharts.com/comparison/dash-difficulty.html
Most miners have long since discarded the equipment and everything they mine out is pure earnings minus electrical current.
More if they follow the most cost-effective coin and are waiting for them to sell at the right course...
More if they follow the most cost-effective coin and are waiting for them to sell at the right course...
I dont knwo mining is now profitable or not, But im damn sure that mining is way better then trading.
No worth to mine for profit anymore. Hardwares and electricity will cost too much to still in profit unless in a big scale. But, it good for as a hobby.
No buddy.Bitcoin is always profitable one.Because I am doing Mine.I am a Miner.But you have to think wisely to get the profit from the Mining.First thing is Electricity.If you have very low cost Electricity means,You will get more profit from it.If you make use of Solar panels means,you will get huge profit sure.
Yes of course. Mining will be always profitable.
A lot of profitable coins are not on whattomine. Do your own research and those little gems will pop up every now and again
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