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Is bitcoin mining still worth it reddit

Written by Alice Oct 12, 2021 · 8 min read
Is bitcoin mining still worth it reddit

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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. Is mining bitcoin in some pools 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. 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. In the same way that reading a book is worth it. I have invested in BTC A good amount. Given that you can trade one for over 9000 Bitcoin mining is still theoretically worth it. 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.


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I also started with eth but even when it doubles it will not be rly promissing with 005 eth a week. 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. Why Bitcoin Mining Exists Bitcoin mining is the process by which new bitcoins are brought into existencea process that is capped at 21 million BTC according to the Bitcoin protocol. Cryptocurrency is still one of the most vibrant and fascinating markets to get involved with. 3112013 In terms of gains its not worth it. Bitcoin mining can still make sense and be profitable for some individuals.

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Bitcoin mining can still make sense and be profitable for some individuals. Is mining Bitcoin and Ethereum still worth it. Some people say that at current difficulty its not worth to mine not just Bitcoin but other crypto currencies as well. 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. Just buy crypto and cut out the middleman. 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.


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Lets review crypto mining profitability in 2021 and if you should mine cryptocurrency in 2021. 04042021 Is bitcoin mining worth it reddit. Is mining still worth it. 05082021 Bitcoin mining can still make sense and be profitable for some individuals. I also started with eth but even when it doubles it will not be rly promissing with 005 eth a week.

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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. Its worth mining it just tells the future its a long term run. Bitcoin mining can still make sense and be profitable for some individuals. Bitcoin miners make a lot of money and have increased a lot in price. People are literally getting rich with Bi.

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In the same way that reading a book is worth it. 04042021 Is bitcoin mining worth it reddit. The long answer its complicated. At something like 10K BTCUSD the bitcoin miners equilibrium is about 008 per kWh using an efficient Antminer S17 and todays difficulty level. 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.

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Is crypto mining worth it reddit 2021. 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. Just lately I additionally began mining Helium with HNT hotspot miners that use. So maybe you guys can share your opinion on this topic. Some people say that at current difficulty its not worth to mine not just Bitcoin but other crypto currencies as well.

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Just lately I additionally began mining Helium with HNT hotspot miners that use. I have invested in BTC A good amount. The payouts on Nicehash are through bitcoin as people are paying for hashing power from the pool. You need to hold it. This thread is archived.

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Cryptocurrency is still one of the most vibrant and fascinating markets to get involved with. Why Bitcoin Mining Exists Bitcoin mining is the process by which new bitcoins are brought into existencea process that is capped at 21 million BTC according to the Bitcoin protocol. 04042021 Is bitcoin mining worth it reddit. Some people say that at current difficulty its not worth to mine not just Bitcoin but other crypto currencies as well. Is it still worth getting involved in mining Bitcoin the worlds most well-known and widespread cryptocurrency.

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At something like 10K BTCUSD the bitcoin miners equilibrium is about 008 per kWh using an efficient Antminer S17 and todays difficulty level. Is mining Bitcoin and Ethereum still worth it. The payouts on Nicehash are through bitcoin as people are paying for hashing power from the pool. What about mining other cryptocurrencies. The short answer is yes.

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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. Is mining bitcoin in some pools still worth it. Bitcoin mining is more profitable than ever in 2021 if youre wondering if Bitcoin mining is worth it absolutely. Is bitcoin mining still worth it reddit. The short answer is yes.

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22042021 Is crypto mining worth it in 2021 reddit. 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. So maybe you guys can share your opinion on this topic. Is mining bitcoin in some pools still worth it. You can grab around 50 rvn a day or better said i get 50 rvn a day with a 3090.

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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. 05082021 Bitcoin mining can still make sense and be profitable for some individuals. 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. 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. My average is around 20K.

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You can grab around 50 rvn a day or better said i get 50 rvn a day with a 3090. The short answer is yes. Mining Litecoin requires the use of GPU mining. Mining is profitable - Counter me back please. Is it still worth getting involved in mining Bitcoin the worlds most well-known and widespread cryptocurrency.

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