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
Looking from a distance following the advance technology, it's already up to us to enchanced our techniques and doing the most important thing for ourselves. Back in 2021, Bitcoin mining was very active but its been a long run for everyone. Bitcoin mining will always be the oldest pattern of earning pieces of bitcoin on its network. There's more sectors to focused on in the space. Bitcoin mining is no longer considered to be profitable and its a top choice to stick to the new style of the space. Staking is consider appropriate for investors and we should brighten our moments in the system.
Where do we see ourselves 10 years from now? Bitcoin will emerge to be popular in most of these European countries and also extends its existence massively to Africa. This is crucial period to make profits in the system, no room to relent because we have work to do and executing them shouldn't be a problem.