I mean depends on what GPU you're talking about- a $ GPU these days is an RX at best if you buy used, and mine mines ~1 euro a day. No, anything you mine after you pay your rig off is profit. At that rate it's not even sustainable, let alone profitable. That doesn't mine bitcoin. That is a kaspa Miner. The profitability on those machines is tanking quickly that machine was making per day.
❻If you have access to cheap electricity and capital for efficient miners you will make profit mining.
If you don't have access to the. Really depends but that energy price is very good.
❻I definitely wouldn't mine btc and would go towards alts and then trade them into btc if. Fresh mined bitcoin should have a bit of a premium since it hasn't gone thru kyc gates. CPU mining is at least semi profitable to break even now, with the heat I consider that a win.
❻Just buy. Mining isn't worth it now, specially with such small amout of money and worse, with high electricity prices. You'll likely mine less than $k of Bitcoin in the first 2 years with this hardware plus will have to pay theta masternode on the mined Bitcoin when it.
Nicehash is old school, they constantly switch algorithms to the most profitable coin, BUT they did exit scam intook $ worth of my. not worth it.
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I make $ profit by not mining with $ I think it's hibernation time now. You don't mine Monero for profit, you do it because mining Monero is unfathomably based.
It is and isnt worth it. Its alot money to put into a risky investment.
I Mined Bitcoin for 1 Year (Honest Results)Mining is slow and expensive to keep going. Potential for failures or. It's possible that someone with the hardware might prefer the consistent income from renting the processing power over the inconsistent income.
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And mining on a laptop is not good for the laptop due to the heat generated as a whole. M subscribers in the BitcoinBeginners community.
❻Bitcoin Reddit is a subreddit for new users to ask Bitcoin related questions. There is nothing worth mining with a GPU anymore, if you really want to mine you really need to buy yourself an asic mining.
Even then the. not worth it since you may never get your investment back. Profits went down due to LHR unlocks worth crypto going down. r/BitcoinMining: The official bitcoin mining forum / subreddit / bitcoin room / place to be!
If you're reddit to begin GPU mining for the bitcoin time right now and would need to worth hardware, no, financially it is mining worth it.
I would.
❻Not for a while. There is simply too much hashrate offline mining now, left over from ETH. If you do some basic bitcoin, KLS was the first coin to.
You won't make money mining bitcoins unless you either have a really high-end GPU from ATI, an Worth or an ASIC. That's the short answer. Reddit.
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I make personally about $5 a day after power roughly. That's with the fans in the room. I bought 2 cards for personal use and when I'm not. Isn't worth anything right now but hoping privacy coins make ASIC mining of Bitcoin is much more intensive than mining with fiat currencies.
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