No, Only if you have cheap electricity and alot of money / time.
Also don't expect to become rich because when a new miner looks highly profitable many people will buy it.
So increases the difficulty and you have less and less profit
Topic: is mining still profitable? - page 6. (Read 3512 times)
It's profitable, but not as much as a few months ago.
Depending on your electricity rate, it may not be profitable at all.
If you have very cheap electricity and money then go for it, but honestly you'd make more money by holding cryptocurrencies long-term anyway (let alone trading).
Depending on your electricity rate, it may not be profitable at all.
If you have very cheap electricity and money then go for it, but honestly you'd make more money by holding cryptocurrencies long-term anyway (let alone trading).
im kinda new to mining is it still profitable with gtx 1070 or only if u have d3 is it worth to invest in it
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 !
Still profitable? Not much. I have 3 gpu farm and will not buy more right now. But we have new news everyday, may be bitcoin gold bust profit.
Hy,
It is profitable, but think and plan carefully, go for solutions which are bulletproof, or at least find someone who already did it and its working. http://simplemining.net/ can greatly reduce your initial efforts after u have built tha system, and yes, DIY,
Greetings
It is profitable, but think and plan carefully, go for solutions which are bulletproof, or at least find someone who already did it and its working. http://simplemining.net/ can greatly reduce your initial efforts after u have built tha system, and yes, DIY,
Greetings
Although i have never tried mining with rigs, but based on my reading and people's case study
It is still profitable if you check on :whattomine.com
The only thing that would make it become unprofitable is the cost of electricity
If that factor is excluded from Cost, it should be profit regardless of how low of your hash rate
It is still profitable if you check on :whattomine.com
The only thing that would make it become unprofitable is the cost of electricity
If that factor is excluded from Cost, it should be profit regardless of how low of your hash rate
It is still profitable on long term, if you meet a few conditions:
- get a possibility to mine cheap. Electricity costs are mostly very high.
- Mine the right coin: Expected worth in future against difficulty.
Maybe you could also earn with renting your hardware out like on nicehash. Mostly for customers not profitable but seem although to rent hardware
- get a possibility to mine cheap. Electricity costs are mostly very high.
- Mine the right coin: Expected worth in future against difficulty.
Maybe you could also earn with renting your hardware out like on nicehash. Mostly for customers not profitable but seem although to rent hardware
im kinda new to mining is it still profitable with gtx 1070 or only if u have d3 is it worth to invest in it
If you are satisfied with the payback in a year or more, then it is still good for you. I am waiting new gpu now or coin price up.
It is profitable.
You just need to do research and put some hard work and patience into building your rig. Mining is a long term endeavour. You shouldn't look at the revenue and profit you are seeing today, but rather look at the potential future value of the coins you are mining.
You just need to do research and put some hard work and patience into building your rig. Mining is a long term endeavour. You shouldn't look at the revenue and profit you are seeing today, but rather look at the potential future value of the coins you are mining.
im kinda new to mining is it still profitable with gtx 1070 or only if u have d3 is it worth to invest in it
Yes its still profitable.
Great way to get rich "slowly".
No, it's too late, get your money and learn to trade
im kinda new to mining is it still profitable with gtx 1070 or only if u have d3 is it worth to invest in it
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