Is Bitcoin Mining Still Profitable? - Investopedia

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So is bitcoin mining profitable or not?

So I read this thread, it says that bitcoin mining is not profitable and then I read the comments which said it IS profitable. I don't know what to believe. And I can't find my hashrate here (ASUS EAH6870)
So let's say I'm not going to buy new hardware just for mining, is is still even slightly profitable?
edit. electricity costs about $0.08/kWh during the day and $0.07/kWh at night.
submitted by gettinrea to Bitcoin [link] [comments]

BTC-Core logic thinks Bitcoin is secured by altruism: "Miners are supposed to be people who mine because they have an interest in Bitcoin working securely. That doesn't require a fee market or subsidy. Mining is NOT supposed to be profitable".

BTC-Core logic thinks Bitcoin is secured by altruism: submitted by cryptorebel to bitcoincashSV [link] [comments]

I have two "ASICMINER Block Erupter 333MH/s ASIC USB BTC Bitcoin Miner SHA256" can somebody help me on what software do i need that will use these usb asics and mine bitcoin or any other crypto coin. (i don't care if is it profitable orn not)

submitted by djkalantzhs24 to Bitcoin [link] [comments]

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable?

submitted by bittruthBTC to NiceHash [link] [comments]

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable? submitted by bittruthBTC to Bitcoin [link] [comments]

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable? submitted by bittruthBTC to Crypto_Currency_News [link] [comments]

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable? submitted by bittruthBTC to btc [link] [comments]

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable? submitted by cryptoallbot to cryptoall [link] [comments]

Is Bitcoin (BTC) Mining Worth It February 2019?💸Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It February 2019?💸Profitable Or Not Profitable? submitted by bittruthBTC to BitcoinMining [link] [comments]

Here is what I don't understand. Bitcoin SV has been mined unprofitable since it's birth. Right now it's 7% more profitable to mine BCH over BTC and 9% more profitable to mine BTC over BSV. Who is mining BSV unprofitable? I thought BSV is business, not charity or doing your duty.

Here is what I don't understand. Bitcoin SV has been mined unprofitable since it's birth. Right now it's 7% more profitable to mine BCH over BTC and 9% more profitable to mine BTC over BSV. Who is mining BSV unprofitable? I thought BSV is business, not charity or doing your duty. submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Here is what I don't understand. Bitcoin SV has been mined unprofitable since it's birth. Right now it's 7% more profitable to mine BCH over BTC and 9% more profitable to mine BTC over BSV. Who is mining BSV unprofitable? I thought BSV is business, not charity or doing your duty.

Here is what I don't understand. Bitcoin SV has been mined unprofitable since it's birth. Right now it's 7% more profitable to mine BCH over BTC and 9% more profitable to mine BTC over BSV. Who is mining BSV unprofitable? I thought BSV is business, not charity or doing your duty. submitted by cryptoallbot to cryptoall [link] [comments]

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable? submitted by cryptoallbot to cryptoall [link] [comments]

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable? submitted by bittruthBTC to btc [link] [comments]

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable? submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

7 Reasons Bitcoin Mining is NOT Profitable or Worth It (Home miner)

7 Reasons Bitcoin Mining is NOT Profitable or Worth It (Home miner) submitted by CityBusDriverBitcoin to btc [link] [comments]

This article didn't age well... initially titled "7 Reasons Bitcoin Mining is NOT Profitable or Worth It in 2017"

This article didn't age well... initially titled submitted by BitcoinAllBot to BitcoinAll [link] [comments]

10-17 18:24 - 'Look into monero and the upcoming changes to the hashing algorithm. If you have a laptop or pc then you could actually make a profit mining monero come the end of this month. Please remember that "if its not your key, its not...' by /u/LePfeiff removed from /r/Bitcoin within 63-73min

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Look into monero and the upcoming changes to the hashing algorithm. If you have a laptop or pc then you could actually make a profit mining monero come the end of this month. Please remember that "if its not your key, its not your coin." This app explicitly says on the play store "you are offered in a bitcoin miner game that allows you to feel like a real crypto investor" it doesnt even claim to be real, please dont hold out hope for this app to make you money.
'''
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Author: LePfeiff
submitted by removalbot to removalbot [link] [comments]

Is DogeCoin mining as profitable or is it not worth it like BitCoin?

Hey there everyone! Im totally new to this CryptoUniverse, and I chose to try Dogecoin as a starter currency. I'm really enjoying it here and have made a few doge from faucets and 2 people actually tipped me on /DogeCoin! I was thinking about starting mining on a computer so before I start, I was wondering if it is worth it to mine DogeCoin. I know that is it extremely hard to make anything Mining BitCoin if you don't have a dedicated BitCoin rig.
Thanks!
submitted by TheMightyCraken to dogeducation [link] [comments]

I am not interested to buy the Bitcoin or Ethereum. I want to invest one of them. Is there any HYIP or mining website which provides a great profit with low investment?

submitted by selena_jones to Cryptopia [link] [comments]

I am not interested to buy the Bitcoin or Ethereum. I want to invest one of them. Is there any HYIP or mining website which provides a great profit with low investment? /r/bitcoinxt

I am not interested to buy the Bitcoin or Ethereum. I want to invest one of them. Is there any HYIP or mining website which provides a great profit with low investment? /bitcoinxt submitted by cryptoallbot to cryptoall [link] [comments]

I am not interested to buy the Bitcoin or Ethereum. I want to invest one of them. Is there any HYIP or mining website which provides a great profit with low investment? /r/BitcoinMining

I am not interested to buy the Bitcoin or Ethereum. I want to invest one of them. Is there any HYIP or mining website which provides a great profit with low investment? /BitcoinMining submitted by cryptoallbot to cryptoall [link] [comments]

I am not interested to buy the Bitcoin or Ethereum. I want to invest one of them. Is there any HYIP or mining website which provides a great profit with low investment? /r/bitcoinxt

I am not interested to buy the Bitcoin or Ethereum. I want to invest one of them. Is there any HYIP or mining website which provides a great profit with low investment? /bitcoinxt submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Is Mining Bitcoin Still Profitable in 2020 TRADING TUTORIAL IN DESCRIPTION Is Buying A BITCOIN MINING FARM Profitable In 2020? (Antminer Antbox N5) Are USB Bitcoin Miners Profitable RIGHT NOW In 2020? Bitcoin Mining V Bitcoin Vault Mining and why BTCV is more profitable Is Mining Bitcoin Still Profitable in 2020? Math behind Bitcoin mine that earns $70K a day

Why Bitcoin Mining is not profitable for the average investor. Oobit. Follow. Jun 23 · 4 min read. When people hear the words Bitcoin Mining, the first thing that comes to mind is a money Homepage / Bitcoins / Is Bitcoin Mining Still Profitable? Is Bitcoin Mining Still Profitable? By admin Posted on December 14, 2019 June 21, 2020. Will the Rise of BTC mean high profit? With the rise of internet currencies and competing networks, are cryptocurrencies still profitable to mine? Bitcoin mining can still make sense and be profitable for some individuals. Equipment is more easily obtained, although competitive ASICs cost anywhere from a few hundred dollars up to about $10,000. You want your machine to stay profitable for several years in order for you to earn more bitcoin from mining than you could have got by simply buying the cryptocurrency itself. The following table shows that the majority of the most modern machines could remain profitable at a bitcoin price between $5000 and $6000. The electricity cost involved in bitcoin mining is more than the $3000 of bitcoins, which are mined in the cheapest rates too. So if you are into the mining process, then it is high time that it should be left out for the future. The mining is not as profitable as it used to be.

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Is Mining Bitcoin Still Profitable in 2020 TRADING TUTORIAL IN DESCRIPTION

Is mining Bitcoin BTC still profitable in 2020? Let's review mining profitability, Bitcoin, Bitcoin Cash, and Bitcoin SV. Block reward halving, network difficulty, ROI's and more! So, uh, yes ... Is Bitcoin Mining Profitable Right Now In 2020? This video examines 6 different bitcoin miners and all of the factors related to them to help you determine if mining will work for you or not. Is Mining Bitcoin Still Profitable in 2020? - Duration: 16:37. VoskCoin 95,517 views. 16:37. LIVE TRADING $1500 IN 7 Mins SCALPING LIVE So Darn Easy Forex™ LINK IN DESCRIPTION - Duration: 8:23. Bitcoin mining is not a sure thing and may result in losses. Always be cautious when mining Bitcoin, and understand that bitcoin mining is not always profitable. Bitcoin mining is not a sure thing and may result in losses. Always be cautious when mining Bitcoin, and understand that bitcoin mining is not always profitable.

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