Post
Topic
Board Beginners & Help
Re: Why do I keep hearing mining is unprofitable?
by
itayl2
on 07/12/2013, 11:12:47 UTC
Why do you keep hearing mining is unprofitable?
Because, mining really is unprofitable, when you take electricity costs and increasing difficulty into consideration.

Another sockpuppet that doesn't understand math...
Sad



Perhaps you could use your condescending tone to enlighten us as to the profitability of it?

With the expected spike in difficulty, and the shipping time of the ASICs out there, how is one to make a profit?

Also an answer comprised of more than 1 line would be great.