Recently I've been really getting into bitcoin, and I've been thinking of mining it. However, the price of bitcoin is pretty high at the moment so it makes me wonder if it's even profitable to invest in BTC mining hardware. Any suggestions?
I know I missed out on the bitcoin boom, but I definitely would like to make extra cash, since I am a college student. I have a Dell precision 690 that I got from my high school that has two quad core xeons, so bitcoin mining could definitely be done with it, but it does have a 1000w power supply, so it would make a power bill interesting. My question, is that now, in 2016, is bitcoin mining even worth the trouble?
Is Bitcoin mining still worth it/profitable as we approach 2019? I have free electricity and I dont pay anything for that. And I have 2 Antminyer S11 miner for begin. So, whats your idea about that? Is it worth?
[uncensored-r/Bitcoin] Provided free electricity... Is mining still worth it?
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Perhaps it's a dumb question, but I gave up mining back when CPU mining was still a thing. Anyway, is it? I would have to invest in a miner I guess. But even with that, 1btc would pay back for it. So I'm wondering if it's worth it.
Guys, What do you think? Is mining bitcoin in some pools still worth it? Some people say that at current difficulty it's not worth to mine not just Bitcoin but other crypto currencies as well. So maybe you guys can share your opinion on this topic? thx
How do you mine Bitcoin – and is it still worth it? March 17, 2016 8.41am EDT . Paul Levy, University of Brighton. Author. Paul Levy Senior Researcher in Innovation Management, University of ... Is Bitcoin Mining Still Worth It Today? Here comes the big question, but it doesn’t have a straightforward answer. It consists more of complex issues that have to be explained before we can determine the outcome. Let’s begin with the four major factors that we need to acknowledge. The cost of electricity to power the computer systems. Mining difficulty; The availability and price of ... Mining bitcoin now demands more computational power than ever before, with mining difficulty reaching a new high of 17.35 trillion, up 9.89% from the previous record posted on July 1.. The new ... Bitcoin Mining Hardware – Is it Worth It? The answer to this question is it depends on where you live and what level of investment you’re willing to make. You may find that you live close to a renewable energy source and therefore, can run the most powerful mining rigs possible without killing your profits on electricity. Before we get into whether Bitcoin mining is still worth it, let’s explain briefly what Bitcoin mining is. Mining involves verifying transactions by solving algorithmic puzzles or finding blocks. This process increases the security of the Bitcoin Network and also earns the miner a small portion of the coins they produce or mine.. We have seen a rising interest in Bitcoin mining since its ...
Should You Buy A USB Bitcoin Miner In 2019? - YouTube
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