Quote from: Ethey on July 05, 2016, 05:29:53 AM

Quote from: mindrust on July 04, 2016, 09:26:46 PM

At this price point, it definitely is. You always need cheap electricity but people were making profits even when the price was 450$. Still, you never know what is going to happen to the price so it is still a bit of gambling. Every investment has a little bit of gambling in itself tho, i wouldn't invest my life savings into mining.

Hmm, im not really thinking Mining is really "profitable" at the moment. Only really if u do it really really big.. than u could earn a lifing from but this is so much invested Money that if something would happen u maybe gonne lose everything :/

It's isn't profitable, and i strongly doubt it was profitable ever. IF you have money to invest there are 2 safe options
- Holding for an increase
- Trading altcoins