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 dropped mining bc it stopped being profitable for me. I earned, and then paid my bills, with 0% profit in the end. I didn't see 150% APR but I saw about 100-120% in one pos project Waterfall Network. Check them out, maybe it'll be helpful for you
150% APR is insane, too good to be true, I've looked into Waterfall Network as requested, and I don't think that the project is safe, the project backers are not the popular ones, there is less traffic on the website, I can't find any information about how much they've raised, usability wise is very low too, I doubt that project will survive.
Why are you risking money on this when there are many good projects right now like Zetachain, Sui, Manta Network, and so on, it is not too late right now, change your way of researching new projects, it is very poor.