Is mining still profitable?
Is mining still profitable?
No, that's why nobody mines crypto anymore.
lol no. buying "bitcoin packages" are more profitable now
Lmao no fucking way that ship definitely sailed
not with AMD at least :(
holding bags of GPU's. feelsbadman (but they did already pay for themselves)
ProgPow sucks for AMD gpu's.
whattomine shows that even though the RX 580 gets about the same Ethash hashrate (~30MH/s) as a GTX 1070, but for ProgPow it's a good bit lower than the 1070.
No unless you have free electricity or run a mining company.
If you have free electricity, why not I guess, but it's not going to make you reach.
Been mining rvn for a year since rig paid for. The pump was really nice. Increased my link stack.
So it's only really feasible for large entities like governments to mine crypto? How is this a good thing?
yes, just depends what you’re mining ;)
whats a bitcoin package?
no. this is the exact reason why crypto will fail. because if people are not mining, there is no crypto.
>what is proof of stake
i don't know honestly
Kek don't listen to that fag he's just joking. "Packages" are what scams like Bitconnect and USI Tech were selling.
Stop it you're making me go long.
I only mine in the winter, where the "waste heat" isn't wasted because it heats the room to some degree.
It sort of is a waste since running the heatpump is much more efficient at heating but at least it's not like mining and running your AC.
Break me off a piece of that chocolate bar.