Post
Topic
Board Mining support
Re: About to start Mining
by
greeklogos
on 06/11/2017, 13:47:36 UTC
If  I would start BTCmining this year do you guys think that it would still be profitable?  After all there is already lots of miners out there not counting the farms.  Smiley Smiley Smiley
It really depends on how much machines you can mobilize to focus on mining bitcoin. You really have to do the math yourself, there are plenty of mining calculators out there that can give you  a solid estimate as to how much you will be earning hourly, daily, monthly and annually. You also need to take electricty and hardware costs into account.
Yeah, I think private mining stopped to be profitable. Now only mining farms give some good profit. So, if you don't equipped enough better don't go in this business. Best regards.