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Re: Is Mining Still Profitable?

Posted: Wed Feb 06, 2019 6:34 am
by Jolithune
My computer is not enough strong to do mining :(

Re: Is Mining Still Profitable?

Posted: Wed Feb 06, 2019 3:06 pm
by ThanosMel
Jolithune wrote:
Wed Feb 06, 2019 6:34 am
My computer is not enough strong to do mining :(
It's not worth to mining on your PC mate. You will destroy your pc and you cant work on other things, you need a mining rig to mine.

Re: Is Mining Still Profitable?

Posted: Wed Feb 06, 2019 4:04 pm
by DDCrypto
Personally I think that the mining can still be profitable in some countries even with a bear market if your electricity is very cheap and you have dedicated hardware otherwise better go your way because with a simple pc the task becomes really hard. From what I could read on the internet in a country like Venezuela, with the lowest electricity rate in the world ($ 0.002 per kWh), you could theoretically extract 1 bitcoin for less than $ 600

Re: Is Mining Still Profitable?

Posted: Fri Feb 08, 2019 5:54 pm
by clipman77
It is better to spend money on the purchase of cryptocurrency that are going to mine, it will be a more profitable investment in the future.

Re: Is Mining Still Profitable?

Posted: Tue Feb 12, 2019 4:18 pm
by Jolithune
ThanosMel wrote:
Wed Feb 06, 2019 3:06 pm
Jolithune wrote:
Wed Feb 06, 2019 6:34 am
My computer is not enough strong to do mining :(
It's not worth to mining on your PC mate. You will destroy your pc and you cant work on other things, you need a mining rig to mine.
ok good to know that ! thank you very much for your answer
I never really know when is it too much for the processor or not !

Re: Is Mining Still Profitable?

Posted: Wed Feb 13, 2019 12:10 pm
by W0lly
Jolithune wrote:
Tue Feb 12, 2019 4:18 pm
ThanosMel wrote:
Wed Feb 06, 2019 3:06 pm
Jolithune wrote:
Wed Feb 06, 2019 6:34 am
My computer is not enough strong to do mining :(
It's not worth to mining on your PC mate. You will destroy your pc and you cant work on other things, you need a mining rig to mine.
ok good to know that ! thank you very much for your answer
I never really know when is it too much for the processor or not !
Well mostly the cpu miners are using around 70% of the cpu, so you still can use your pc.
The GPU miner is using a little more of the hardware, but also not that much so you still can use your pc.
But then again, you need allready a pretty good pc with alot of L3 cache on the cpu if you want to do cpu mining. And allready a good GFX card if you want to do GPU mining.
If you use a notebook, i would say don't do it.
If its a normal pc you always can try it. But it is not that it earns that good ;)

Re: Is Mining Still Profitable?

Posted: Thu Feb 14, 2019 2:35 am
by Trypto
Some have been mining since especially if you have a good weather and a fairly low electricity consumption which is available in some countries, then you are on a good path to mining. Choose your coins to be mine wisely. If you're gonna hodl them, in btc's case, much better.

Re: Is Mining Still Profitable?

Posted: Thu Feb 14, 2019 4:30 am
by t3ChNo
Trading would still be the best option unless you know the most profitable coins. With the current market, a lot of miners had shut down their rigs.