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
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 ... How do you mine Bitcoin – and is it still worth it? March 17, 2016 8.41am EDT . Paul Levy, University of Brighton. Author. Paul Levy Senior Researcher in Innovation Management, University of ... Before we get into whether Bitcoin mining is still worth it, let’s explain briefly what Bitcoin mining is. Mining involves verifying transactions by solving algorithmic puzzles or finding blocks. This process increases the security of the Bitcoin Network and also earns the miner a small portion of the coins they produce or mine.. We have seen a rising interest in Bitcoin mining since its ... Mining bitcoin now demands more computational power than ever before, with mining difficulty reaching a new high of 17.35 trillion, up 9.89% from the previous record posted on July 1.. The new ...
Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable?
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... #bitcoin #cryptocurrency #cryptocurrencynews Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable? Bitcoin mining profitability and best ASICS to mine bitcoin in 2019, this ... Articles and hashtags referenced (I DO NOT OWN Or CLAIM TO OWN ARTICLES REFERENCED OR VIEWED IN VIDEOS): https://www.amazon.com/GekkoScience-NewPac-Efficient... 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... Is mining Bitcoin BTC still profitable in 2020? Let's review mining profitability, Bitcoin, Bitcoin Cash, and Bitcoin SV. Block reward halving, network diffi...