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Beginners & Help
Re: Hello Beginner here
by
SevenSign
on
25/02/2018, 03:59:13 UTC
Quote from: AdolfinWolf on January 27, 2018, 02:34:51 PM
Quote from: Jackfruit2017 on January 27, 2018, 02:28:48 PM
Greetings everyone,
I am new to crypto currency and have been reading and learning about Bitcoin mining. I am curious if it is still profitable?
That depends on a number of factors, including how much you're willing to invest, and what your electricity cost is.
It is no longer profitable to mine bitcoin itself with GPU/CPU's, you can however still mine altcoins with your GPU. See
https://www.nicehash.com/profitability-calculator/
You'll need an ASIC to mine bitcoin. Like this one,
https://shop.bitmain.com/antminer_s9_asic_bitcoin_miner.htm
Simple explanation with deep knowledge to picked up. Great shoot.