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Is bitcoin mining still worth it reddit

Written by Nihongo Oct 08, 2021 · 8 min read
Is bitcoin mining still worth it reddit

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People are literally getting rich with Bi. 06052021 I began mining cryptocurrency full-time 4 years in the past I mine Bitcoin I mine Ethereum I mine different cryptocurrencies together with mining Dogecoin. Bitcoin miners make a lot of money and have increased a lot in price. 3112013 In terms of gains its not worth it. Using an AMD Ryzen 1600 AF and RTX 2060 making around 150 - 200 per day around 5k - 7k sats per day is actual payout in BTC.

Is Bitcoin Mining Still Worth It Reddit. Is bitcoin mining still worth it reddit. Cryptocurrency is still one of the most vibrant and fascinating markets to get involved with. 05082021 Bitcoin mining can still make sense and be profitable for some individuals. 7272014 Its profitable only if you dont pay for electricity or if you have it very cheap 005.


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Using an AMD Ryzen 1600 AF and RTX 2060 making around 150 - 200 per day around 5k - 7k sats per day is actual payout in BTC. So maybe you guys can share your opinion on this topic. You can grab around 50 rvn a day or better said i get 50 rvn a day with a 3090. The long answer its complicated. Bitcoin mining can still make sense and be profitable for some individuals. However in practice the algorithms complexity is growing in leaps and bounds.

With the current numbers Bitcoin mining will never be commercially profitable for anyone who isnt already an entrenched player and it may be a dubious prospect even for these people.

06052021 Mining is the best way to earn passive income but with mining being more profitable than ever before everyone seems to want to buy a crypto mining rig driving the prices up. 05082021 Bitcoin mining can still make sense and be profitable for some individuals. What about mining other cryptocurrencies. Mining Litecoin requires the use of GPU mining. I also started mining from last 1-15 yrs using Nicehash Miner with RTX 2080Ti What Ive mined till now is worth over 2K of BTC now and if I just keep on HODLing it then it could be worth 10K in future maybe 3-5 yrs down the. Mining is profitable - Counter me back please.


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13022021 After considering the inner workings of mining bitcoin you might decide to do some additional research about mining tools. This means if you pay more than 006 per KWh unplug your ASIC miner and sell it – its cheaper to buy bitcoin than operate a bitcoin mining rig. Mining is profitable - Counter me back please. Its worth mining it just tells the future its a long term run. If so it is important to consider hardware and electricity costs in relation to reward profitability before determining if it is still worthwhile for you to mine bitcoin in 2021.

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Is mining still worth it. So maybe you guys can share your opinion on this topic. Mining is profitable - Counter me back please. 13022021 After considering the inner workings of mining bitcoin you might decide to do some additional research about mining tools. If so it is important to consider hardware and electricity costs in relation to reward profitability before determining if it is still worthwhile for you to mine bitcoin in 2021.

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Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes mining from their bedrooms. 06052021 I began mining cryptocurrency full-time 4 years in the past I mine Bitcoin I mine Ethereum I mine different cryptocurrencies together with mining Dogecoin. 05082021 Bitcoin mining can still make sense and be profitable for some individuals. Thats why im giving rvn a try the halving is close its on january 2022 and even when its get just to 1 i made more with rvn in a year than. The long answer its complicated.

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Is it still worth getting involved in mining Bitcoin the worlds most well-known and widespread cryptocurrency. 05082021 Bitcoin mining can still make sense and be profitable for some individuals. Using an AMD Ryzen 1600 AF and RTX 2060 making around 150 - 200 per day around 5k - 7k sats per day is actual payout in BTC. The payouts on Nicehash are through bitcoin as people are paying for hashing power from the pool. Bitcoin mining can still make sense and be profitable for some individuals.

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So maybe you guys can share your opinion on this topic. My average is around 20K. Bitcoin miners make a lot of money and have increased a lot in price. Successfully mining just one Bitcoin block and holding onto it since 2010 would mean you have 450000 worth of bitcoin in your wallet in 2020. Is bitcoin mining still worth it reddit.

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Is mining still worth it. Bitcoin miners make a lot of money and have increased a lot in price. 10082021 The short answer is yes. Bitcoin mining can still make sense and be profitable for some individuals. 06052021 Mining is the best way to earn passive income but with mining being more profitable than ever before everyone seems to want to buy a crypto mining rig driving the prices up.

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So maybe you guys can share your opinion on this topic. This thread is archived. 06052021 I began mining cryptocurrency full-time 4 years in the past I mine Bitcoin I mine Ethereum I mine different cryptocurrencies together with mining Dogecoin. Bitcoin mining can still make sense and be profitable for some individuals. 7272014 Its profitable only if you dont pay for electricity or if you have it very cheap 005.

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Given that you can trade one for over 9000 Bitcoin mining is still theoretically worth it. However in practice the algorithms complexity is growing in leaps and bounds. 13022021 After considering the inner workings of mining bitcoin you might decide to do some additional research about mining tools. Is mining still worth it. If so it is important to consider hardware and electricity costs in relation to reward profitability before determining if it is still worthwhile for you to mine bitcoin in 2021.

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I also started mining from last 1-15 yrs using Nicehash Miner with RTX 2080Ti What Ive mined till now is worth over 2K of BTC now and if I just keep on HODLing it then it could be worth 10K in future maybe 3-5 yrs down the. The short answer is yes. 04042021 Is bitcoin mining worth it reddit. So maybe you guys can share your opinion on this topic. You can grab around 50 rvn a day or better said i get 50 rvn a day with a 3090.

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Is mining bitcoin in some pools still worth it. Mining Litecoin requires the use of GPU mining. Its worth mining it just tells the future its a long term run. I have been doing some with my gaming rig using Nicehash which is a basic way to start. Mining is profitable - Counter me back please.

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Equipment is more easily obtained although competitive ASICs cost anywhere from a few hundred dollars up to about. You can grab around 50 rvn a day or better said i get 50 rvn a day with a 3090. I also started with eth but even when it doubles it will not be rly promissing with 005 eth a week. Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes mining from their bedrooms. I have been doing some with my gaming rig using Nicehash which is a basic way to start.

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