Post
Topic
Board Mining
Re: Why is mining
by
Outhue
on 30/05/2025, 10:42:35 UTC

Is it only possible with expensive computers? I only have one laptop so I can only watch. So is there no other way?
Expensive computers will now pay off in mining for many years, so it is more profitable for you to study the equipment rental market and try to make money on it.
Mining on processors and video cards is now practically dead, unless you are interested in a payback of 4-5 years.
Sometimes there are new coins, but I either mined very little of them or sold them early, afraid that the price would fall too much, so I would not count on such a result, unless you are a developer of a new coin.
If you want to mine, then study ASICs.

Sorry to ask, is equipments market place still a thing? Are there people still renting hashing power in 2025? To be more clear on this is there any data around to show how many people are into this?

I will also like to know if this is even profitable because the last time I tried something like this was on Nicehash marketplace and it's been years, is there anyone still doing this?

My takeaway on this right now until proven that I am wrong is, it's near impossible for those running the marketplace to be in profit themselves, even the customer like people who are renting the hash powers too.

Pls correct me if you think I am wrong on this because I've been far too away from renting hash rates.