is the mining bitcoin in home profitable?

[alh]

Actually, Bitmain is planning to release a miner that will make home mining profitable again due to its low power consumption. Let's just keep our fingers crossed and hope they deliver as promised - it's called the R4.

Well, it looks like we can put this to rest. The R4 as I read on the Bitmain website priced at $1395 for 8.6 TH. Compared to the 11.85TH S9, it's hugely "over-priced" on a USD/TH basis. As I first mentioned, it should be way more friendly to run in your home, and you pay a pretty penny for that convenience. Add at least 2 months to the time it takes for you to "break even" in terms of you mining adventure.

The R4 is clearly designed to maximize Bitmain's profit, until they have some competition.I think both the R4 and the S9 lines have plenty of profit, so that the price can be reduced when Bitmain needs to.

[Sontoloyo]

Because electric cost is the biggest of maintenance cost, mining in home will get profitable if the electric cost not more USD 0,05/kwh. I recommend if the electric cost more than USD 0,05/kwh and bitcoin price not more 600, please hold for mining.

[LordCoder]

It should be, but depends on the country. In most EU countries, it's impossible to profit from Bitcoin mining, and even with business plans it won't be profitable either.

[Babayega31]

It should be, but depends on the country. In most EU countries, it's impossible to profit from Bitcoin mining, and even with business plans it won't be profitable either.

Thats right depending on which country you lives because sometimes there are countries high charging electricity . There should be mature for wasting money because I know the miners professionals only income earners here but if you do not have experience study it carefully before doing so you will not lost your money.

[btcdevil]

As much i have got details about bitcoin mining and that too in home is not at all profitable, what ever the electricity is cost but the ROI will be too late and now the mining block is also too much difficult in level. If you really want to earn through mining then better you can go with Altcoin which are  very profitable, their are so many new coins with good features are in market where you can start mining and earn profit immediately.