Is mining still profitable?

[klalvit 18]

Yes, of course, if mining was not profitable, then everyone would have known about it for a long time, if mining was not profitable, then no one would be engaged in it and the Commission for transferring funds would be very high (in cryptocurrency)

[chinox2020 11]

Mining remains profitable as most projects need to confirm new blocks and network transactions. It also depends on (how much do you pay for electricity) and how many mining devices you have and how good your miners are.

[ayoayo 935]

Yes, with actual videocards and cpu's(less 5 years) it is still profitable, And with some old hardware also, depends on which algorithms you are going to mine.

[Gucci13 157]

For me the faucets have never been profitable, a lot of time wasted for earning a few cents ...

[candyguyyy 43]

yes it is still profitable

[arthur3 30]

cloud mining, This process is similar to giving money to an investment manager. They do the work and you collect the profits. Cloud mining is 0 hands free. It involves renting mining machines and experience from a large company that does the entire process for you. The service provider performs maintenance and monitoring for a fee, while the investor makes the profit at the end of an agreed period.

[MaxTorres05 25]

The issue of mining is that you need a good team that is only for that purpose, because with a "normal" team you would only be able to feel in a few months. On the other hand, with a good team that dedicates itself to mining day and night it would be more feasible and you would have a little more profit.

[ElYormen 5]

Yes i mining btc is profitable 

[axelzaarate 78]

In my opinion, mining in the cloud is profitable, since someone has the tools for you, but today I think it is difficult to trust any "company" of mining in the cloud, you have to investigate and analyze very well who we give our money

[Mohamed_mgh 7]

Mining depends on the price of electricity and how many mining device you have
If electricity is cheap in your country, mining can be profitable

[Sinan 29]

Hi guys , I want to minig but which one is profitable ? I am consider etherium mining . Do you have any experiance etherium mining ? 

[Sinan 29]

Please help me . Which display cards should I buy for minig ? 

5 minutes ago, nochemand said:

Mining is already profitable, but it depends on the electricity costs which could differ from country to country. Some mining projects already has continued the mining and the payout some others are on the way to do it.

How much money should I spend for mining ? 

[pbaulin 47]

Using my notebook to mine like a perv)

[Vito1875 3]

Is mining profitable? It depends on several factors. The main factor is the bill of the electricity and due to this factor, the mayority of mining farms are installed in countries with the cost lower (these countries have others sources of energy) and other factor very important is halving (when the reward BTC transactions is cut half). And of course, the price of the asset when you are mining is very important because the price is low, the price range is greater than if the price is high.

 

 

[luisra21lu 21]

I reside in South America and currently at the world level we are located in one of the countries where mining has emerged in large numbers despite the socio-economic / political difficulties; in this situation I think it is still profitable depending on the conditions in which it can develop

[Shamsiddin 54]

Yes of course why not. I love mining with crypto. You can earn money easily.

[Hami 42]

I'm going to clarify on the Yobit website, it's true in a time past come on Yobit offers you a great opportunity to win and the trading was good but now after a little lower growth I think he'll come back to his position as leader.

[Ahmed1392000 15]

Really, mining for some currencies will become less profitable, but it is profitable if you choose a suitable coin

[veimaralex 83]

If you mine with the latest technology equipment, the price of electricity is not very high in your country and little by little you are increasing it, it can continue to be profitable today.

[Sereia89 11]

Really, the only thing I can say, the head of mining, is to take care of a coin that in 
the future will not bring bad profit, but for this it is necessary to study and analyze 
very well the coins that have this property, previously having studied and realized it 
will be profitable . And we'll know if it's worth doing

[makcim4 1305]

Bitcoin is definitely not for mining, and other cryptocurrencies can be mined, but the price of electricity should be low, otherwise you will pay too much for electricity consumption.

[sektor63 79]

I will immediately speak about cryptex 👎 - I do not recommend it at all. There, a good 30% of the income is spent by the developer. And this is accompanied by a not entirely reliable system - either the income falls, then the program crashes. I tested it on the farm for less than a day - I hammered it, downloaded the nice hash. They take about 5% of the income, which is better

[Habib22 41]

I don’t think mining as btc iss profitable right now... I think virtual mining is more profitable now          

[danialsahneh 0]

If I want to answer in one sentence: "Income is always fluctuating and depends on the amount of your investment."

[okqqq 33]

I think now few people are engaged in mining because of the price of electricity and now mining can make a profit but only after some time.