Recently I've been really getting into bitcoin, and I've been thinking of mining it. However, the price of bitcoin is pretty high at the moment so it makes me wonder if it's even profitable to invest in BTC mining hardware. Any suggestions?
I know I missed out on the bitcoin boom, but I definitely would like to make extra cash, since I am a college student. I have a Dell precision 690 that I got from my high school that has two quad core xeons, so bitcoin mining could definitely be done with it, but it does have a 1000w power supply, so it would make a power bill interesting. My question, is that now, in 2016, is bitcoin mining even worth the trouble?
Is Bitcoin mining still worth it/profitable as we approach 2019? I have free electricity and I dont pay anything for that. And I have 2 Antminyer S11 miner for begin. So, whats your idea about that? Is it worth?
[uncensored-r/Bitcoin] Provided free electricity... Is mining still worth it?
The following post by dolphone is being replicated because some comments within the post(but not the post itself) have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7ossiv The original post's content was as follows:
Perhaps it's a dumb question, but I gave up mining back when CPU mining was still a thing. Anyway, is it? I would have to invest in a miner I guess. But even with that, 1btc would pay back for it. So I'm wondering if it's worth it.
Guys, What do you think? Is mining bitcoin in some pools still worth it? Some people say that at current difficulty it's not worth to mine not just Bitcoin but other crypto currencies as well. So maybe you guys can share your opinion on this topic? thx
Is Bitcoin Mining Still Worth It? Vlad Melnic. Friday, July 10, 2020. No items found. This is a big year for Bitcoin (BTC), not in the least because the famous cryptocurrency has seen its third halving ever since its release. What does this mean? For professional miners, the reward for solving transaction blocks halved from 12.5 to 6.25 bitcoin on May 11, 2020. This “halving” is a process ... Bitcoin Mining Hardware – Is it Worth It? The answer to this question is it depends on where you live and what level of investment you’re willing to make. You may find that you live close to a renewable energy source and therefore, can run the most powerful mining rigs possible without killing your profits on electricity. Which Cryptocurrencies Are Worth Mining in 2020? by Anca F. February 26, 2020 . in Crypto 101. With thousands of cryptos on the market, you are overwhelmed with choices when it comes to crypto mining. To aid you in your search for the perfect crypto to mine, we have compiled a list with some of the most convenient cryptocurrencies to mine in 2020. Mining Profitability. There are several ... Bitcoin Mining Without Hardware? It’s still technically possible to mine bitcoins without dedicated mining hardware. However, you’ll earn less than one penny per month. Mining bitcoins on your computer will do more damage to your computer and won’t earn a profit. So, it’s not worth it unless you’re just interested to see how the mining process works. You’re best bet is to buy ... Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms. Successfully mining just one Bitcoin block, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin in your wallet in 2020.
Bitcoin Mining 2019 - Should We Mine Bitcoin? - YouTube
Is mining Bitcoin BTC still profitable in 2020? Let's review mining profitability, Bitcoin, Bitcoin Cash, and Bitcoin SV. Block reward halving, network diffi... QUESTION ? Bit coin is nice . But it still needs power consumption on the back end . Is it still worth it ? Is Bitcoin BTC mining worth it july 2019? Is it profitable to buy bitcoin mining hardware and start a bitcoin mining farm setup in 2019? Does Bitmain antmine... WANT FREE STOCK FAST? CLICK LINK And CLICK "SIGN UP NOW"! 💲💲💲 http://join.robinhood.com/jareds7 ALL VIDEOS ARE ONLY REPRESENTATIVE OF MY OPINION. ONLY INVEST... GET FREE STOCK AND BITCOIN: http://share.robinhood.com/jareds7 Subscribe to the TechCashHouse to learn everything you need to know about bitcoin, bitcoin new...