Post
Topic
Board Mining (Altcoins)
Re: Is Cryptocurrency Mining still profitable?
by
bitcoinmasterlord
on 04/06/2018, 12:53:01 UTC
I will like to know if Crytopcurrency mining is a worthy investment in the long term or if it is just a waste of time. Though For some cryptocurrency fans, mining just to break even is a good thing because they see it as a way to add value to the cryptocurrency Ecospace.

Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in  general.


mining is a one-time investment. If you invested in mining platform it should be used in more than three to four years because graphics card is automatically reduce the performance in future but you should earn more profit in this platform. My suggestion is before to invest you must read the power consumption of GPU mining.

It is a one time investment but now the GPU cost is very high and if we ready to pay high amount still we are not getting GPU's on the market. Last year 6 GPU's rig cost was around $3k but now it increased more than $6k. Still if you can afford the price and you can manage electricity cost means Investing in Mining is profitable.