Post
Topic
Board Mining
Re: Is crypto mining still profitable?
by
SamReomo
on 11/08/2023, 11:41:29 UTC
If you have GPUs that are over 2 GB, then XMR comes to mind - https://whattomine.com/coins/101-xmr-randomx

You can also consider joining a mining pool or using cloud mining services to increase your chances of earning profit.
is cloud mining profitable, can you share your experience, please?

I would recommend you to stay away from cloud mining because it's a pure form of scam and if you invest your money into cloud mining sites then you may end up loosing your money. Cloud mining was introduced to trick those people who weren't aware about mining and the ones who still trust such thing should get proper knowledge about it before putting their money into it.

Back to @OP! In 2023, the mining is not that much profitable and anyone who has bought ASIC miners in 2021 is hardly earning any profits from mining. The ones who are earning some profits from mining even in 2023 are those people who have access to free electricity or very cheap electricity. If you don't have cheap or free electricity then you should stay away from mining especially in 2023.