Bitcoin mining is still profitable but the global hashrate is floating around its all-time high.The biggest factors determining profitability are equipment costs, the price paid for electricity and the value of the bitcoin you mine. Technically, it is profitable to mine. But you have to leave the bitcoins you mine in bitcoin, rather than convert them to dollars, because only an increase in the price of bitcoin will ever allow me to recoup your initial capital outlay. So just take it as an educational hobby, not a business.