mining is profitable?

[Rhett]

I think that mining is not profit anymore at the moment because Bitcoin price and all other coins are really low now and we can’t cover the electric bill

[cryptomate3473]

yes is profitable.

[cryptomate3473]

Cryptocruncy mining profit are way down.Mining of bitcoin is a niche by the highly active segment of cryptocrrency.Mining is the way a certain kind of blockchain pays for participants to maintain it,its integrity and record,by paying 'miners' in the blockchain own coins.

[Thomas-Lau]

I don't think so, I think it is the best time to mine Bitcoin, once you mine, you can add it and wait for the high price to withdraw.

[717]

It might be profitable again or it might not be profitable again.
ETH goes down.

[cryptomate3473]

Cryptocurrency Mining Profits Are Way Down. Mining of bitcoin (BTC) or altcoins is a niche by the highly active segment of cryptocurrency. Mining is the way a certain kind of blockchain pays for participants to maintain it, its integrity and records, by paying 'miners' in the blockchains own coins.

[Diana2]

Mining was profitable some time ago. But now when bitcoin's price decreased, mining is not a good way of earning money, I think.

[cryptomate3473]

The average home miner will struggle to be profitable or recoup the cost of mining hardware and electricity. Profitability is highly unlikely given the current circumstances. The situation may improve in future once ASIC mining hardware innovation reaches the point of diminishing returns.

[Cryptomate03473]

yes,mining looks good.

[Kibielz]

if at present it seems less because the price of bitcoin is now experiencing a drastic decline plus the price of mining tools is also expensive

[AB_6944_UL]

Right now mining is not profitable but it was profitable. It might be profitable again or it might not be profitable again.
ETH goes down. The price too low for make profit from mining

[Trafalgar]

Imo mining is profitable if you have good equipment but this is expensive, in addition you have to upgrade it. Cloud Mining is much more cost-effective and profitable. I use, for example, Rockwall Investments and I prefer it. I mined two years ago and and never again!

[Cryptomate03473]

yes,I think mining is profitable.

[josephabad23]

Is it advisable to start mining Crypto currency?

Well yes, if you have funds to build a mining farm however if you are lack of funds and want to build a small mining farm then I don't think that is profitable

[Lenyy]

Menambang akan menghasil lebih banyak bila anda mau deposit dengan jumlah tertentu. Tapi bila anda tidak mau, maka anda akan kalah di ongkos dan waktu.