MINING STILL PROFITABLE? - page 4. | Bitcointalksearch.org

Jaycee99

sr. member

Activity: 1036

Merit: 273

Quote from: lushlifing on March 17, 2018, 12:37:03 AM

IS MINING STILL PROFITABLE NOW? SORRY NEWBIE HERE

Dont apologize we understand it you are learning bit by bit.

Well speaking from the charts of blockfolio and basing on what I studied, I would say yes, now its a no but later big yes. Want to know why? Its because of bitcoin is at 8,000 USD and when that increase you can earn and get your profits, sana as Ethereum so do not get lost with mining. If your not just into fetting bitcoins or ethereum you can Say it would rise as its now

profitable. When Market value increases miners will earn too not like if it down fall.

bernike

member

Activity: 201

Merit: 10

Thank GOD,...This topic that I was looking for, before I hesitate to build rig mining. But after following this topic I became more convinced that mining is still profitable. Thank you masters

MinedTangerine

jr. member

Activity: 308

Merit: 4

Ofc its still profitable, just less then it was. A lot of people have unrealistic gready view on mining. Its not an instant get rich deal. But if you are methodical about it do your research and are in for the long term it sure is profitable.

For instance if you are mining now, do not sell anything you mine. Save it and sell when the prices are high. That way you basically mine at high profitability you just get paid by delay. Or you can mine new promising coins that still have low difficulty.

Lots of options you just need to put some research into it.

edwardceng

member

Activity: 266

Merit: 50

Quote from: Sevarchik on March 17, 2018, 01:32:24 AM

Mining profitability depends from electricity cost.If you have low cost or free electricity its allways will be profitable

always will be profitable but is not yet profitable even have to wait for ROI first, although you don't have a problem with electricity cost. because of a profitable viewed after ROI not see low cost/free electricity although that one of a factor

Sevarchik

member

Activity: 420

Merit: 10

Mining profitability depends from electricity cost.
If you have low cost or free electricity its allways will be profitable

edwardceng

member

Activity: 266

Merit: 50

At this time still profitable for miner bought a GPU 1 year ago although almost all coins are a decrease. At this time, mining isn't profitable for miner purchasing a GPU with a high price and nearly all coins price are a decrease.

Regulater

member

Activity: 273

Merit: 12

Quote from: adaseb on March 17, 2018, 12:50:28 AM

Right now mining is not profitable but it was profitable. It might be profitable again or it might not be profitable again.

It is definitely still profitable. Now if you are looking for 3-6 Month ROI you will not receive it but once BTC goes back up it will be back to 6 month ROI. When BTC was doing its run, it was 3 month and under ROI, but its back to the usual 7-12 month ROI, which is still great.

adaseb

legendary

Activity: 3808

Merit: 1723

Right now mining is not profitable but it was profitable. It might be profitable again or it might not be profitable again.

lushlifing

newbie

Activity: 196

Merit: 0

IS MINING STILL PROFITABLE NOW? SORRY NEWBIE HERE

Topic: MINING STILL PROFITABLE? - page 4. (Read 1292 times)