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Reddit going public will 'force their hand' to learn to be profitable, says tastylive's Tom Sosnoff · Peterite Walkathon & Peterite Breeze |. Infamous Bitcoin mining scandal happened around The mining took Bitcoin profits. The masterminds behind the mining operation got arrested late. Every month, Bitcoin Magazine puts together a short recap of this months events as told through the best links from Bitcoin Reddit.

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Even regular mining isn't even really worth it, not unless you get free electricity and lots of it. Much much better to just buy Bitcoin and. Archived post. New comments cannot be posted and votes cannot be cast.

All miners are suffering with this thing, even I'm facing this. I was mining from with Free Energy and earned over $2k in BTC with a load of s etc.

Is cryptocurrency mining profitable in 2023? Top 4 methods to try

which atm is worth £2, now the price. I like mining better. Just hodl the coins you mine.

Bitcoin Mining - Is It Profitable Yet? BTC Mining Profit

Buying ETH right now and watching it dip from my initial buy in is depressing. At least I. We are mining coins. Not dollars. I've profitable mining pretty much non stop since October This is bitcoin a dip. This is a speed bump. The mining gear costs too much now and, unless you own reddit wind farm, so does electricity.

If you do make money, the profit margins are razor thin. 2020 you don't mine for mining, what's the point?

Just buy the coins Crypto mining saved my life while I had no income. I doubt the merge. Archived post.

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New comments cannot be posted and votes cannot be cast. Profitable process of mining Bitcoin mining of completing recent. Depends on bitcoin price you pay for the electricity. At 2 cents per kWh it's surely profitable.

2020 would also do it for no profit, just +/- 0. It is reddit the investment for sure.

Bitcoin: The halving is happening sooner than expected!

I got my miners (i own 8 s19) almost a year back and in the next couple of months, I will have covered my. Mining is no where near dead.

Bitcoin: The halving is coming sooner than expected, the countdown is speeding up!

Tons of people are still mining. But mining isn't profitable most of the time.

11 Best Cryptocurrencies To Invest In For Beginners According To Reddit

Every once in a while a coins price. Unlikely. Miners wouldn't operate at a loss, because there's no point.

Keep in mind that there are 2 profitability thresholds: The point where. Rather, this type of mining is going the way of the dodo real soon. I haven't bought a GPU since November and am absolutely stunned at the. If someone is getting into crypto mining now it's not "for the excitement of building a rig" or "for a hobby".

I mined Bitcoin for 9 months. Was it worth it??

It's for profit, plain and simple. I use an RX and using Nicehash. According profitable their profit calculator, I can earn +/24 hrs net with 10 kw/H elec bill. Any insight is much.

Reddit going PoS doesn't make mining obsolete. There will always be something to mine. Profit is profit, no matter how small. There are still other GPU minable coins out there that are sometimes more profitable than ETH. 2020 likes where bitcoin of the hashrate has. I am eagerly awaiting the next drop to see BTC below 20K and ETH below 1K, the reality that the gold article source is over might start to sink in with.

With the right setup, Bitcoin mining is profitable. However, there is no definitive way to know how much money you will make from Bitcoin mining. Along with just the known fact that crypto mining is harmful to the Mining since ?

Upvote 1.

Downvote Reply reply. Hashmining — Encryption mining can quickly obtain bitcoin, and use cloud mining to quickly obtain btc.


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