Quote from: salve0908 on Today at 09:35:13 AM

Hello everyone! Since mining isn’t that popular anymore I’m curious is BTC mining still profitable?  I’ve really many equipment since I was mining ETH back in 2021 but when it changed from PoW to PoS I’m not sure about its profitability..I mean only 3% APR and much more money to invest now. So, do you recommend to stick to BTC mining or switch to staking? I saw crazy APRs like 150% but not sure about it

I looked into mining when bitcoin had already started and it was supposed to cost me around 2k to set up and get everything done and it was definitely profitable at that time but I decided to wait, now if you look into the same possibility, the issue is :

1. Dominance of Mining farms, majority of industry is honestly being controlled by big companies
2. Small industrialists are still mining ⛏️ but they are fighting with the big fishes for profits
3. Individual miner, your circumstances are so different plus with the investments and energy costs, people generally avoid it

It is definitely profitable but not as much as it was before.
If you have the investments, then why not?
If you can afford the bills, go for it!

Best of luck 🤞