Post
Topic
Board Beginners & Help
Re: Are Bitcoin miners still good to go?
by
wuvdoll
on 05/04/2018, 05:29:59 UTC
Because it costs so much electricity, several countries have imposed restriction on mining activity?
Yep, there are still bitcoin miners, cause if there ain’t any miners there would be no way for your transactions to be confirmed. If you’re a single bitcoin miner I don’t know if you’re really going to make anything out of it as of now, cause it consumes a lot of power, so by the end of every month you might end up using everything you mined from bitcoin to pay your electricity bills. Best is to just to have a mining farm, but an individual can’t do that, it’s only companies I know that does such. But as for whether there are still miners? Yes there are lots of them.