GeorgeDr

Well, from what I can remember, being in the relative beginnings of bitcoin, it was never too profitable to mine an alt-coin. You always would be just above cost of electricity and sometimes below it. Even if you make some of it most of the time is not worth it. The whole market is formed right at the premise of cost-price, so it would be pretty unfair if you could pay 5$ for electricity and make 100$. The catch is that you can mine a coin pretty early on and it's price can go up in the future. Think of it like an investment. If your goal is fast cash though, you can never be sure in that "business" that the electricity you used and the hard work you put your machine through will pay off. Imagine you mine for 24H and your equipment is destroyed, you already are -300 $ in cost. In my opinion crypto-coins are either a long-time invesments, or an experiment as a hobby.

Hello, If you mean mining at your own house with a relatively small rig for bitcoins or some other famous alt-coin, then probably yes it is somewhat dead. Probably the electricity cost will be greater than what you will ultimately gain. What you could hope is that the price will skyrocket again, but that is not really the way to go with investments. However, there are numerous alt-coins at this time and you never know it's "final price" so maybe mining lots of alt-coins in the hopes that one will become great is not too farfetched! For example Ethereum and Litecoin got somewhat big during the years. If you have a somewhat good rig maybe try to find some cryptos that you think maybe will go up and mine them now that it's easier, maybe you will get something of it in the future!