Bitcoin Forum

Is bitcoin mining worth still?? is it profitable??

Plenty of people still do it, more than ever actually. It depends on many factors but mainly your electricity ($/kWh) price.

What do you think about cloud mining? will it be profitable??

Depending on usage of your computer and the capacity of your hardware in mining because mining consumes a lot of electricity. But yeah if you knoe what your earning is more than the your electricity  consumed. And if you've  had a lot of free time I guess this is definitely  worth it.

I think cloud mining will not be required to setup the hardware. buying a cloud mining contract will be profitable?

99% of mining cloud is scam, and there is huge chance that you are going to lose all your money... Again ask your selves, if they can use that mining hardware for themselves, why would they sell you their power? Best thing what you can do is buy miner, and find someone who will host it for 70-100$ per month. You can find very good hosts on forum if you dig a little bit. Other then that i would just buy hardware and make silent box and shove it up somewhere in your house where you will never see it again and watch your Bitcoins stack in your wallet  8)

I have been following the performance of asic11 and I think that is the easy way to make money from bitcoin mining in 2017. I have been said before that mining bitcoin is hard now and it is not all that profitable. But now I can tell you that you can still make some profits from bitcoin mining. To me electricity is the major operational cost you should focus your attention on and if it is too high then there is not going to be profits in bitcoin mining investments.