Why do you keep hearing mining is unprofitable?
Because, mining really is unprofitable, when you take electricity costs and increasing difficulty into consideration.
Another sockpuppet that doesn't understand math...
Perhaps you could use your condescending tone to enlighten us as to the profitability of it?
With the expected spike in difficulty, and the shipping time of the ASICs out there, how is one to make a profit?
Also an answer comprised of more than 1 line would be great.
I am so confused now.
Some people says mining is not profitable, even when you exclude the electricity cost.
Some people says mining is profitable, even after you take the electricity cost.
Would appreciate if someone can show the math to me!!
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