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Is Mining Still Profitable?

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hardinero007
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Re: Is Mining Still Profitable?

Post by hardinero007 » Wed Nov 07, 2018 5:21 pm

pow mining is not much profitable these days. even those big mining companies are not making much lately. but i think those companies who manufacture mining asics can profit by mining with the newest asic before they release these machines to the public.

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Re: Is Mining Still Profitable?

Post by grekffin » Thu Nov 08, 2018 2:37 am

To get coins, we need a lot of money to earn a normal salary. If you have money, then participate in it.
Cloud mining is best, but a lot of scammers. Be careful.

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Re: Is Mining Still Profitable?

Post by cryptoman » Thu Nov 08, 2018 11:42 pm

hardinero007 wrote:
Wed Nov 07, 2018 5:21 pm
pow mining is not much profitable these days. even those big mining companies are not making much lately. but i think those companies who manufacture mining asics can profit by mining with the newest asic before they release these machines to the public.
I think the first to buy those new miners are the big mining companies, the public can't get them before the big mining companies have used them for months.

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Re: Is Mining Still Profitable?

Post by cashogy007 » Fri Nov 09, 2018 12:01 am

Being a victim of cloud mining, I would say mining is not profitable and it's a kind of a scam.

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lol-lab77
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Re: Is Mining Still Profitable?

Post by lol-lab77 » Fri Nov 09, 2018 6:09 pm

This environment is very crowded now and mining is becoming less profitable.

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Wesley212
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Re: Is Mining Still Profitable?

Post by Wesley212 » Fri Nov 09, 2018 10:14 pm

I do not know whether mining is still profitable, which I know is harmful. Yes, if mining coins that have quality, I think it will be profitable

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Re: Is Mining Still Profitable?

Post by Forlorne » Sat Nov 10, 2018 6:29 am

Depending what you mine ofc. If it was not profitable why would people do it? :lol: :roll:

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Re: Is Mining Still Profitable?

Post by ThanosMel » Sat Nov 10, 2018 8:09 am

Forlorne wrote:
Sat Nov 10, 2018 6:29 am
Depending what you mine ofc. If it was not profitable why would people do it? :lol: :roll:
If u already have the hardware And You have cheap electricity is profitable. But if You are going to buy now the hardware the Roi is to low.
Gpu price goes Down these days if u think in the future Will be more profitable someone can buy And be ready for mining.
For those countrys with cheap electricity is still profitable thats why People still mining.

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Re: Is Mining Still Profitable?

Post by kurt1 » Sat Nov 10, 2018 4:50 pm

As mentioned above, it all depends on your electricity price. I think it's easier to buy a promising currency and wait for growth.

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Re: Is Mining Still Profitable?

Post by Xenon05 » Sun Nov 11, 2018 2:20 pm

mining is still profitable well its defend on the coins you mine, POW is the native mining, most miners still believe in pow mining rather than POS mining.

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