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Thread: Bitcoin mining

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    Senior Member Muller21pr's Avatar
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    Default Bitcoin mining

    is bitcoin mining still so profitable?

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    Senior Member gravdesgdihoca's Avatar
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    An unusual question, rather yes than no. The profitability of mining bitcoin depends on many variables. For example, it is important to consider what is the cost of electricity in the state. It is also important on which device you plan to mine cryptocurrency. In addition to this, the device will need to be updated to the correct firmware in order to receive more hashrate. It's good that you asked such a question, now a lot of people run to mine and don't even know all the basics. Or simply people are losing money and do not understand why. Financial literacy in cryptocurrency will help you not to lose your capital, and possibly even increase it, but it all depends on your actions, of course. I could suggest a site where you can try bitcoin mining ,just to learn the basics and understand how this whole system works in general.

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