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Is Mining Still Profitable?

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mcabrito
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Re: Is Mining Still Profitable?

Post by mcabrito » Fri Nov 16, 2018 8:40 am

Mining depends the profit on the miners how they will find new coins that will give them good profit. New coins are profitable for every miner.

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Re: Is Mining Still Profitable?

Post by CrypterP » Fri Nov 23, 2018 1:20 pm

This coin looks very profitable for mining for now, ann thread posted on our forum.

viewtopic.php?f=12&p=18029

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Re: Is Mining Still Profitable?

Post by paulo013 » Sat Nov 24, 2018 2:37 am

For me yes if your country have a low cost of electricity and the hash rate of your hardware can do. Also how good is the coin that you are mining.

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Re: Is Mining Still Profitable?

Post by aman » Sat Nov 24, 2018 5:03 am

Given the value of most crypto is really very down, i dont think its profitable to mine for now but for longterm some people still mining to make profits in future

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Re: Is Mining Still Profitable?

Post by grekffin » Sat Nov 24, 2018 2:10 pm

It would be nice to know the future of the coin that you will face. It's a pity of equipment and time.

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Re: Is Mining Still Profitable?

Post by CrypterP » Sat Dec 01, 2018 1:59 pm

If someone looking for profitable coin for mining, here is x21s new mining algo. Someone trying to make GPU mining alive again

launch looks fair enough
https://bitcointalk.org/index.php?topic=5076284.0

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Re: Is Mining Still Profitable?

Post by Trypto » Fri Feb 01, 2019 3:10 am

In general mining is not profitable anymore, esp if your'e amongst those who go for POW coins... but for some POS it could still be a great idea. but in case you have free electricity and super cool weather, then mining would be just a walk in the park. and energy less. One should just take a look and DYOR as to what coins are more profitable to your rigs/mining set.

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Re: Is Mining Still Profitable?

Post by ThanosMel » Fri Feb 01, 2019 1:53 pm

Trypto wrote:
Fri Feb 01, 2019 3:10 am
In general mining is not profitable anymore, esp if your'e amongst those who go for POW coins... but for some POS it could still be a great idea. but in case you have free electricity and super cool weather, then mining would be just a walk in the park. and energy less. One should just take a look and DYOR as to what coins are more profitable to your rigs/mining set.
If u already have the hardware and low electrical bill so yes is still profitable.
Also you can mining and waiting for the future run so again is profitable. That is just my view!
But it's not worth to invest your money right now to build a rig to start the mining.

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Re: Is Mining Still Profitable?

Post by nemram » Sun Feb 03, 2019 1:14 pm

Trypto wrote:
Fri Feb 01, 2019 3:10 am
In general mining is not profitable anymore, esp if your'e amongst those who go for POW coins... but for some POS it could still be a great idea. but in case you have free electricity and super cool weather, then mining would be just a walk in the park. and energy less. One should just take a look and DYOR as to what coins are more profitable to your rigs/mining set.
Mining is still profitable. you just do not look for coins that are worth to mine now.

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Re: Is Mining Still Profitable?

Post by Viewtifulced » Tue Feb 05, 2019 9:19 am

of course it's profitable.
It's less profitable for individuals on big crypto currencies since large companies have taken most of the mining power.

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