Post
Topic
Board Mining
Re: Is crypto mining still profitable?
by
FP91G
on 12/08/2023, 17:39:05 UTC
is cloud mining profitable, can you share your experience, please?
Try looking around for GPU renting services if you can't mine with it. I recall some users sharing how they make some money by renting their GPU for decentralized computing services. It should offer you better results compared to cloud mining especially if you have some GPU laying around. Cloud mining is only profitable for the business while the user only gets a very small profit most of the time (or scams, as mentioned above). CMIIW.
These services do not guarantee 100% rent to the miner. The miner will be forced to overpay for more expensive equipment, but as a result, his video cards will mine coins with a small profit 90% of the time. Therefore, if you do not have guarantees for renting your equipment, then try to take into account only the payback from mining.