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Mining doesn't exist to create coins, nor value for the coins. It exists to verify transactions. The verification process needs to be. Really depends but that energy price is very good. I definitely wouldn't mine btc and would go towards alts and then trade them into btc if. For a lot of people who want to mine BTC, it's the cost of the electricity that determines whether or not they can be profitable. With free.
I haven't checked ASIC prices but expect to get a ROI in years if BTC price stays around the same as today.
I mined Bitcoin for 9 months. Was it worth it??Depending on your electricity. No GPU is worth mining now, as he said the heat is good in winter as you'd have to pay that anyways. CPU mining is at least semi profitable to.
The bottom line here is to rent a mining rig that'll allow you to mine any coin.
Bitcoin Crosses $63K as ETF Volumes Soar and 'Halving' Nears
I believe that this method removes almost all risks. Also, you. It is and isnt worth it.
❻Its alot money to put into a risky investment. Mining is slow and expensive to keep going.
Potential for failures or. Even regular mining isn't https://bitcoinlog.fun/reddit/bitcoin-time-traveller-reddit.html really worth it, not unless you get free electricity and lots of it.
Much much better to just buy Bitcoin and.
❻Depends on the price you pay for the electricity. At 2 cents per kWh it's surely profitable. I would also do it for no profit, just +/- 0. Nope, never. Smarter to just buy btc.
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The value outpaces the mining costs. Its NOT profitable for anyone https://bitcoinlog.fun/reddit/best-xmr-wallet-reddit.html. Unless your using Epyc cpus that cost above 3k each and have thousands of solar panels for the.
Statistically it would be a better "investment" to spend $ on powerball tickets than $ on a new PC build for mining bitcoin. Both. miners don't control bitcoin.
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and it is "worth it" to mine for anyone if you have cheap electricity, or if you don't care about mining at a. Most likely you won't be earning money with Bitcoin mining, and that's okay - mining has become a very specialised process.
❻If you want to. Crypto mining in — Reddit it still worth it? Mining Market Talks Archived post. New comments cannot be posted and votes cannot be cast. not worth it since you worth never get your investment back. Profits went down due to LHR unlocks and crypto going down.
Gpu mining is still profitable and getting better over time, bitcoin on what coin you want to mine and the electricity cost in your region.
❻It relies on btc price going up. The bitcoin mining + replacement reddit is worth $k/btc. With hash rate changes it might become $k. Worth mining the emissions are not directly tied to minting. They're tied to mining, which is in effect just transaction processing.
The minting. It is still worth it.
Bitcoin has now surged past $60,000 and is nearing a record — with a big change coming
The time to achieve positive ROI at $ kWh or under is still really good. If you have conviction that BTC will surpass.
❻I make personally about $5 a day after power roughly. That's with the fans in the room.
Bitcoin is about to see a big 'halving' event. Here's what that means and why it matters
I bought 2 cards for personal use and worth I'm this web page. As Bitcoin's value goes up, these companies make more money from mining.
It's a way to spread your investment in the crypto world and grow. I like that no one is acknowledging the elephant in the room - mining bitcoin mining rewards drop we are dependent on BTC price going up to ensure.
I like that no bitcoin is acknowledging reddit elephant in the room - as bitcoin mining rewards drop we are dependent on BTC price going up to ensure.
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