5.22K viewsMining
4

Is mining actually still profitable nowadays?

Dan Gilbert Answered question April 9, 2018
0

Mining profitability is largely dependent on the electricity cost. It is not a get rich quick deal ( unless the coins that you are mining moon in the next few months ). If you are methodical about what you are doing, patient and in for the long term. it will eventually be profitable ( might take months or years depending on the market and your set-up ). Yes I do agree that mining smaller altcoins is a better strategy if you are trying to venture into mining at this point.

Dan Gilbert Answered question April 9, 2018
You are viewing 1 out of 3 answers, click here to view all answers.