Post
Topic
Board Economics
Re: So mining is apparently only profitable if btc is over $8600
by
AIRDROPSQUAD
on 20/04/2018, 15:01:57 UTC
Morgan Stanley say bitcoin mining only profitable above 8600 dollars. I'm not sure this is correct though, especially if future valuations come anywhere close to fruition.

Honestly, I am not a pro Bitcoin miner. But I see in my local community, there are many people that already sold their mining rig and Antminer.
I don't know what is the reason, I guess it's probably due to the market crash last weeks.