As the subject, I would like to know if is it still profitable if we investigate on hardware to mine bitcoin at this moment. Thanks!
it may not be profitable but it is a private way to buy Bitcoin.
As the Dude abides...the best rate for purchasing bitcoin is with electricity...it also puts you in a different mindset than the day trading one does.
bitcoin mining
is profitable
is owning an ATM profitable?
very few would do it if it wasn't...end of story.
naturally there is a complicated economy that dictates it's value...it's not just mining there's an entire world of non-mining bitcoin related stuff.
Last I checked if you have power that is 10 cents a kw/h or less...then btc mining
can be profitable immediately with the proper equipment.
If your power costs more than 10 cents a kw/h then you have to wait for the price to go up or trade it in a different way, like for some shoes from your homie.
Obviously the farther you are from the 10 cent mark the faster you'll profit.
What else are you going to do with your money? Spend it on food or drugs or some short lived form of instant gratification?