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Author Topic: Is Bitcoin mining still worth it?  (Read 338 times)
Barrykbest
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September 28, 2025, 11:17:30 AM
 #21

If the OP thinks mining has a lot of expenses then he should definitely know that the rewards and it benefits are worth the hard work and expenses.
Getting ASICs  (Application Specific Integrated Circuits) might looks very expensive and even make a huge noise and un-comfortability to his or her neighborhood then I will suggest going for cloud mining which will just enables him to be at comfort or even trying out mining pool software. This are perfect suggestions but surely it will cost some funds.
Or what did you think about my suggestion.

To me I think Cloud mining used to sound attractive, but in reality almost all “rent-a-hash” offers today are either unprofitable or outright Ponzi schemes. The few that start by paying usually do so with new users’ deposits and later change terms or vanish.
So if you want to mine without running gear at home, the safer option is to buy your own ASIC and place it with a reputable hosting company that gives you a direct account to the pool and pays rewards straight to your wallet. Otherwise you’re basically sending money to strangers and hoping they mine for you.
Vvang
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September 28, 2025, 12:18:59 PM
Last edit: September 29, 2025, 03:36:11 PM by Vvang
 #22

I keep hearing about Bitcoin mining, but I’m confused if it’s still worth it. Is mining something an individual beginner can do with normal equipment, or is it profitable now for big companies with lots of machines?

The last time I checked Bitcoin mining is still very profitable, the difference is it cost a lot to run them now because their power consumption keeps increasing, I had a old Asic miner that takes 15000watt but many new miners today takes double or even more to run now. The only way that Bitcoin mining is still fair is the hash rate,  how higher your Hashrate per second is what will determine your profit and also how cheap your electricity cost is.
FP91G
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September 28, 2025, 01:05:21 PM
 #23

Yes it is still worth it if you have cheap electricity and the money for Asic miner, I also believe that the latest miners are always more efficient than others, burning 3600 watts with 200TH is less efficient to burning same 3600watts with 360TH.

The consumption of power remain the same but you are printing more money, ROI will be faster with the later miner, choose your poison wisely, and don't forget that the buying price will also be higher.

Electricity says it all, even few outdated miners are still profitable for those running solar panels on their roof, like s21 for example, it takes $8 for electricity bill and just $3 for profit, but if you are the electricity producer you are making money from the sun energy.
Finding a legal location with affordable electricity is a huge challenge. And solar power isn't cost-effective for all countries. So miners are using cheaper, older ASICs to try mining.
The cost of electricity is rising every year in different countries, and it is very difficult to compete with large companies that have very good prices for electricity due to large volumes of consumption.

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