Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: BTC Mining, Still Relevant ?
by
ranochigo
on 24/08/2020, 13:05:01 UTC
⭐ Merited by vapourminer (1)
Is Bitcoin mining still happening or this is relevant only for new Crypto currencies ?
It is relevant if you have sufficient resources. Bitcoin mining, right now is only worthwhile if you can do it on a large scale. The rising difficulty means that the ratio of returns to your hardware is pretty small. It's not worthwhile unless you have a lot of space and have near free electricity.

If you do have near free electricity, you can squeeze some profits out of secondhand hardware which is still good and double up as a space heater.