Is mining still profitable?

[Goody28 259]

With the current  cryto talk conditions I think cloud mining has no benefits at all until the crypto market price increases

[tung12345 30]

 Furthermore, the mining difficulty is adjusted based on the amount of computing power in the network. This increases the level of mining difficulty as more computers join the network.  

[Hendy1 370]

Some crpyto miners, especially Bitmain, are still working to improve the performance of their ASIC tools, to get the right results, such as software updates that increase hashpower and decrease power or overclocking. This does not mean that all closed their miners, with the current crypto market conditions, some people choose to cloud mining, Genesis, this is a bit profitable.

[ShakilA 373]

Of course mining is more profitable.We can make free money from mining.In mining we can earn free Cryptocurrency.This is very good source of earning

[Sourav43 106]

Yes mine is certainly profitable. Can easily make money from here. It will be able to show a lot of profits. And it is possible to get crypto currency for free.

[Kawuak 142]

21 hours ago, Tarek Ts said:

Mining is certainly more profitable.  We can make free money from mining.

Mining is profitable because you can make free money on mining

[chokri 2]

mining was largely unprofitable in the second half of 2018 due to the low bitcoin price. Because most mining operations are based on long-term deals
 

[chokri 2]

When bitcoin mining began, ordinary computers were able to mining the digital currency, but as the number of currencies increased, the mining process became more difficult.
 

[urooc 218]

yes you can get profit from the mining still because it is now one of the demand of the crypto world. and it is very interesting and beneficial for all of us. and it also provide a profit usually these days. and it is one of the demand of this world.

[Md San 0]

Now mining bitcoin is profitable because the market price of bitcoin is increasing rapidly and if you mine and hold it you can earn a huge profit. 

[bitcoinb 1359]

On 10/5/2019 at 9:40 PM, speedxp said:

It has been a long time since the crypto market began to decline not following the crypto mining. There are two things I want to ask here:
• Do people still do a lot of mining with the current crypto market conditions?
• And also whether mining with current conditions can benefit?

Is mining still profitable? ... It depends on several factors: your patience, your technical knowledge, your hardware, market prices ... My opinion: mining is not dead! If you haven't mining hardwares, it's better for you to start cloud mining (Genesis-Mining, Hashflare, Eobot, Sesterce Mining ...). BTC price is now at $ 9760. At this price, you can get ROI in less than 250 days. I think prices will still growing.

[Hydroiix 63]

In my opinion, it's not profitable anymore. Back in the days mining was really profitable due to the price of the crypto-currencies. But now you will pay more for your electricity bill than what you're really making.

[dewita 12]

to do mining it takes a lot of capital first you have to buy the equipment needed then the monthly electricity expense to pay
 

[midas19 20]

Hi, in the mining reward we need to know some external facs like electricty power, dificulty hash power and price of coin, maybe for some country the power fee are too low and the mining profit increases vs other country that sell electric power much high for the machine mining profit reward, in some cases the halving maybe change the rules and the mining increases the difficulty or the price go to the moon and the invest go up to 100% 
other thing is the momentum and coin that mining, in some cases mining a coin that lose and lose market or a luck one that mining a coin that only up the time when was mined. nice question see you!

[Irungu 4299]

Mining is  no longer profitable , there has been so many sties that have closed due to making losses, I had about three I had invested in and in some case, the best was never to been seen so look for a better way to earn some money out of it, so its important to keep on learning the different ways to manuvor this areas we know of

[rianpedia 816]

On 10/6/2019 at 2:40 AM, speedxp said:

It has been a long time since the crypto market began to decline not following the crypto mining. There are two things I want to ask here:
• Do people still do a lot of mining with the current crypto market conditions?
• And also whether mining with current conditions can benefit?

if you look at the current conditions, of course there are still because it might have become things that can be considered important for some people because if you know the knowledge it will be easier to get money

[gabriel gonzalez 60]

Si es rentable pero a largo plazo, se a dejado de escuchar porque han logrado modernizar la manera de generar ingresos en un menor tiempo, y por mi parte antes de minar prefiero invertir en un plazo dado, es mas rapido y mas efectivo.

[noor job boy 77]

We can earn free cryptocurrency from mining. It is a great source of income and excavation is more profitable. Now we can make free money from digging.

[Soaib khan 1035]

I think mining not profitable because for mining you need powerful gpu or electricity I think holding better option for earn money trading also good.

[Sapdrx 469]

1 minute ago, Soaib khan said:

I think mining not profitable because for mining you need powerful gpu or electricity I think holding better option for earn money trading also good.

I depends indeed on electricity prices. In coutries like Albania you pay only some 2,500 USD for the production of one Bitcoin (beside hardware costs).

[kadayakito 765]

I don't see mining profitable, I think mining is not worth the time it takes. Spend a lot of time and the profits are extremely small. The exploitation is more and more difficult. It's really hard to exploit.

[Nakamoto 279]

23 hours ago, Voida said:

Mining is still profitable you can earn and make it your part of your Income daily because it I non-stop

Finally, I found an answer that was in line with my thinking. So far, only you have a short but highly qualified answer. This is a reason for people who are still mining. Apart from that, there are still other reasons that I will support when I find them in this thread.

[jacker 1095]

Currently I have stopped with the extraction. On the other hand, the mining is still profitable, but only the interest is not much, it depends on your electricity price and mining speed.

[wijont 101]

Mining nonetheless remains profitable as it's far vital for maximum tasks to confirm new blocks and network transactions. all of it relies upon on what kind of system we're talking approximately. perhaps for man or woman capacities they are not profitable.

[Abdalrazig 1865]

To put it simple, mining is a process of confirming cryptocurrency transfers and adding them to a public system – blockchain. Miners (or rather their advanced computers) have to solve complicated mathematical issues and add so-called “blocks” to a public system. This process is open-sourced and every person can take part in it. Also, all blocks can be viewed by all members of the network at any time.