Topic: Will mining be profitable again? (Read 13141 times)
In my opinion, mining has always remained profitable, even if now the ratio of costs to revenues seems doubtful, in potential, it can bring greater profits.
Mining is always profitable but you need to weigh things up,
We are not new in this as there are so many people mined before even BTC at low like less than a thousand usd per piece.
Now, what we should weigh to know if it is profitable, we should calculate the maintenance and electricity on having the mine first.
We are not new in this as there are so many people mined before even BTC at low like less than a thousand usd per piece.
Now, what we should weigh to know if it is profitable, we should calculate the maintenance and electricity on having the mine first.
Yeah no, mining is not always profitable. How do you come to a conclusion like that? Mining can be profitable if the right conditions exist for it to happen, it depends on lots of factors, but is not always profitable.
Mining is always profitable but you need to weigh things up,
We are not new in this as there are so many people mined before even BTC at low like less than a thousand usd per piece.
Now, what we should weigh to know if it is profitable, we should calculate the maintenance and electricity on having the mine first.
We are not new in this as there are so many people mined before even BTC at low like less than a thousand usd per piece.
Now, what we should weigh to know if it is profitable, we should calculate the maintenance and electricity on having the mine first.
it is not profitable since a long time, i do not know which country you talk about but for turkey we were all in trouble after electric costs increased. now it started to give a little but really if i did not have my rigs, i would not buy, you can not get your money back for years like this, then you will earn, bla bla uuuuuuuu!!!
That would be a big consideration in the mining business, expenses will take more rather than of being profiting. But somehow we need to risk and find what strategies will help solve it. It may be in your area never be a good place for mining but in the other place just like in ASEAN countries, will possible that they are earning profits right now since the market has turned it good. 
it is not profitable since a long time, i do not know which country you talk about but for turkey we were all in trouble after electric costs increased. now it started to give a little but really if i did not have my rigs, i would not buy, you can not get your money back for years like this, then you will earn, bla bla uuuuuuuu!!!
I read news today that Bitcoin hash rate hit new AHT difficult. So, the more expansive BTC, the more difficult mining. But this ill be definitely profitable I think, as chinese miners are bulilding new fabrics for mining...
Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?
Definitely, mining can still be very profitable. I expect thata miner or potential miner who wants to go nto mining, should first makes his calculations to see how profitable it will be to him. Mining is a passive means of making profit, which means those who are too busy still have the opportunity to partake in it.
mining should provide profits at any time, but profit mining depends on crypto prices, if indeed the crypto price can return to a high position. for mining purposes, it must be regulated so that mining can still run and generate profits
I do not even know how things are with the real miner today, since I did not get good results when the cost of Bitcoin was $ 4,000. According to some statements of cryptocurrency users, Bitcoin mining payback is at the level of $ 5,500 and not lower. But since the price of Bitcoin today fluctuates around $ 8,000, well, higher or lower, it seems that mining is becoming popular again.
Yes if we can get big bull run. But not at this moment when BTC price is still around $8000.
I think if we can surpass at least $9000 - 10000, will be profitable again for miners.
Probably in the 1 or 2 months we can reach them if nothing happen on crypto.
I think if we can surpass at least $9000 - 10000, will be profitable again for miners.
Probably in the 1 or 2 months we can reach them if nothing happen on crypto.
Mining will always be profitable for existing miners. But to start doing this is not as profitable as before, because you have to spend a lot of money on equipment and then wait until it pays off.
I think that yes. The higher the price of Bitcoin, the more profitable to mine the currency. So though, would come to cover the costs. And you will not work in the minus.
Everything will be depends on how much your expenses will be, mining is no longer profitable after the long bearish stayed over time, now that we currently seeing the good rise back miners who can keep on waiting and willing to cover all his expenses will get the benefits when market start to move even more higher. 
I think now it is profitable as BTC price is relatively high. yeah, btc pumped like 2.5 x for a short time and now mining became profitable!
You know the true why people can't mine is because the electricty in their country like me have expensive that's the first problem of the miner. But if you are in the place who cheap you can set up mining and start mining but before set up anything else make sure you do research on how the proper mining of the bitcoin to avoid problems in the future and losing some of your capital because you don't have any plan.
I think once the market recover mining will be profitable again.
I think once the market recover mining will be profitable again.
I think yes! Because there is a fact that the miners in China banned by the government. In that case, many miners will be gone. When there are no miners, mining will become profitable. If that happens, I will buy some mining rigs and start to mine bitcoin. Because mining bitcoin will cost highly someday.
I wish that to be profitable again and also small miners or who want to can buy some mining equipment and on this way we can have a more decentralized mining.
Mining still profitable and now Btc and Eth prices are going up, ROI in mining in is good. However, mining hardware are expensive and also electricity is expensive depending on what country you live in. If you have the money and the rate of electricity in your country is not expensive then mining is great choice of investment.
Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?
The cryptocurrency market began to recover after a rather long and significant fall in prices. Of course, mining will come back, and, most likely, with more modern equipment and production volumes will increase. Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?
The concept of mining is to gather bitcoins as much as possible with the hashes you have and sell it when the price pumps again but if you rely on the circulation of your money for example mining bitcoin and selling it just to pay for the electricity bills I think this is not the right time to do that. That's why mining is a very expensive type of investment to earn bitcoin or cryptocurrency. Yes even the price is that low. Mining can be still profitable not only btc and eth can give huge profits but you must look on other coins that can be mined and has low difficulty. Must choose a good coin with exchange listed and has considerate volume too. I think even now the profit is becoming huge since the market recovering. I think its time to buy cheap equipmemt now.
Mining has become more profitable with recent surges of Bitcoin. Even with altcoin mining, it has also experience same things, when price of altcoins rose significantly. However as always, price rises also occur simultaneously with higher difficulty, but generally mining gives miners more profits for sure. For miners, whom don't have demands to sell their coins immediately for some kinds of expenses, like electricity bills, and other things in their lives, they should hold their altcoins that they got from mining. Months later, they can get more money from same amount of altcoins. It means holding leads to higher mining profits. Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?
Yes even the price is that low. Mining can be still profitable not only btc and eth can give huge profits but you must look on other coins that can be mined and has low difficulty. Must choose a good coin with exchange listed and has considerate volume too. I think even now the profit is becoming huge since the market recovering. I think its time to buy cheap equipmemt now.
Jump to: