I'm new here. I also post on other social media asking for tips for beginners like me and some of them tell me to check the ASICprofit a tool where I can see the profitability of machine. I don't really get it. Can anyone here tell me what crypto mining profitability is and how it can help me? Thanks a lot!
You can not mine bitcoin without mining equipment like ASICs and you need more than one ASIC. Days for a solo miner to find a Bitcoin block is very long gone, and you will waste your money and time if you want to solo mine bitcoin with very small hash rate.
Mining is like other business activities, if it is unprofitable, it won't be sustainable and you will have loss, more loss with time that will bring you to bankruptcy and end your mining activity when you are no longer able to afford paying loss cost.
NERDMINER: Bitcoin lottery miners