Post
Topic
Board Speculation (Altcoins)
Re: Time to get back into mining?
by
junkerr
on 03/11/2019, 12:28:04 UTC
Mining is getting more and more profitable, especially BTC mining. According to cmc, all other mining options are still bringing you around 90 bucks per months by investing 1k USD and in my opinion it is not worth it yet.
I no longer even think mining will be truly profitable. if you can calculate how much expenses we have to pay to mine coins and how much we will get from mining it will be very little to get a profit. mining requires a device that is very powerful and certainly expensive. big capital is also needed.
if both of them need capital, I think trading will be more profitable for me than mining.