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
If miners stays out of the bitcoin blockchain, then it means bitcoin users will face it hard times of transactions because mining is an essential administration mechanizing the imputations and servicing the forebeing of bitcoin transactions.
So at no course would it not be profitable but though the profitablity ratios are varies depending on the volume of transactions and numbers of bitcoin being mined.