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Re: Pakistan
by
Sayeds56
on 14/01/2022, 14:57:07 UTC
According to your provided information, Mining is still profitable in Pakistan.
If you have a 3080Ti Model GPU. You can mine $4.02 in 24 hours. After electricity cost, You will have a $3.25 Profit every 24 hours.

Actually, I never researched much about mining so I don't have much information about mining. Based on the calculations you may think that mining is profitable in our country,  but then you do not know the status of crypto in our region. These days the cryptocurrency is on the verge of getting banned and therefore no one will take the risk to buy the GPUs and spend extra electricity only to get caught by the law enforcement agencies.

True. The situation of crypto is going from bad to worse in our region and it has become difficult to  generate extra income buy using this emerging technology. Mining is more feasible in cold counties where you don't need to run cooling system to keep your Hardware in good working condition without any problem of overheating. The cost of electricity can be managed by using solar system or wind mills but the current unfavorable environment towards crypto is very discouraging for investors in this field.