bitcoin is not profitable anymore. you should try altcoins. but if you will keep your bitcoins you can mine.
Bullsh**
For both BTC or altcoin mining only 2 things matter:
Cost of your electric
Being able to deal with the heat and noise produced
Cover those 2 things and you are Golden. The >US$8k/mo in gross revenue my 240THs farm makes is hardly chicken feed.
It is if you think about it. With the money invested, I'm pretty sure you make roughly the same ratio with a Chicken farm. Also, Chicken farm requirements are pretty much almost the same as Bitcoin mines.
Define 'Money invested". In 2014 I invested a total of US$8k cash to buy my first few miners. That was recovered in less than 1 year. All expansion and upgrades since then have been paid directly from farm income and generally
the farm pays for a new miner in 1-2 weeks. Yes the BTC spent on new miners probably totals well over $100k but that did not come out of my pocket - came directly from my BTC receiving wallet with a very tidy amount of profit on top of that. Now that I've stopped growing for a bit BTC is piling up rather quickly....
So just *how* is that not being profitable?