Why do you keep hearing mining is unprofitable?
Because, mining really is unprofitable, when you take electricity costs and increasing difficulty into consideration.
Because, mining really is unprofitable, when you take electricity costs and increasing difficulty into consideration.
Another sockpuppet that doesn't understand math...
Hi, I am new here.
Could you take some time to explain that?
I have read quite a lot of posts here, and many of them mentioned the mining revenue will drop 20-30% every 2 weeks.
If that's the case, it seems all of the mining equipment I found on the net cannot earn itself back.
I have also use some online calculator and find that the cex.io cloud hashing cannot earn itself back as well.