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Is mining profitable?

Totally-A-Hero
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Totally died off. You missed the craze which was like, never.

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this is probably the only place i'll hang out anymore: http://linustechtips.com/main/topic/274320-the-long-awaited-car-thread/

 

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You can join the folding team

EOC folding stats - Folding stats - My web folding page stats

 

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If you're patient it's still profitable.  Just because a few coins + algorithms went downhill doesn't mean mining is "dead". 

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With how difficult it is to mine now (you'd need some serious horsepower to get anything done), and the amount of electricity you're going to be using, I'd doubt you'd be making anything that's worth investing your money in mining bitcoin. Maybe try some other currency, but other than that, I don't really think it's worth it.

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It isn't completely dead. You may have missed the ideal window of opportunity, but under the right circumstances it can be profitable.

 

However, I'm no professional, so I may be talking bollocks.

"How hard can it be?" - Jeremy Clarkson

"Speed has never killed anyone. Suddenly becoming stationary, that's what gets you." - Jeremy Clarkson

 

"There's an old saying that God exists in your search for him. I just want you to understand that I ain't looking." - Leslie Nielsen

 

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He also has two 295x

ASICs are the way to go, not GPU's anymore.

My PC CPU: 2600K@4.5GHz 1.3v Cooler: Noctua NH-U12P SE2 MB: ASUS Maximus IV RAM: Kingston 1600MHz 8GB & Corsair 1600MHz 16GB GPU: 780Ti Storage: Samsung 850 Evo 500GB SSD, Samsung 830 256GB SSD, Kingston 128GB SSD, WD Black 1TB,WD Green 1TB. PSU: Corsair AX850 Case: CM HAF X. Optical drive: LG Bluray burner  MacBook Pro, Hackintosh

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Nope, it's all done for now.

|EVGA 850 P2| |1440p PG279Q| |X570 Aorus Extreme| |Ryzen 9 3950x WC| |FE 2080Ti WC| |TridentZ Neo 64GB| |Samsung 970 EVO M.2 1TB x3| 

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Come one guys how many of you posting about mining being dead actually has experience in the mining scene? 

 

Mining is still alive and isn't dying any time soon.... Yes its still profitable especially if you have free power. I'm no longer dabbling in cyrptocurrencies but I can assure you mining is still very much alive. 

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Come one guys how many of you posting about mining being dead actually has experience in the mining scene? 

 

Mining is still alive and isn't dying any time soon.... Yes its still profitable especially if you have free power. I'm no longer dabbling in cyrptocurrencies but I can assure you mining is still very much alive. 

 

I'm not saying that it's completely dead, it's fading out. Still, think about it, if you invest in a rig for mining is it worth it? 

|EVGA 850 P2| |1440p PG279Q| |X570 Aorus Extreme| |Ryzen 9 3950x WC| |FE 2080Ti WC| |TridentZ Neo 64GB| |Samsung 970 EVO M.2 1TB x3| 

 |Logitech G900| |K70 Cherry MX Speed|  |Logitech Z906 |  |HD650|  |CaseLabs SMA8 (one of the last ones made)| 

 

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