Is mining even profitable anymore?

[bitlyme]

I hope it is still profitable, I am just starting to learn about it. How about auto mining?

[Equate]

I hope it is still profitable, I am just starting to learn about it. How about auto mining?

ROI is very difficult at current situation , if you are interested in mining, do proper research before investing money. Mining has been becoming more and more professional lately.

[unlock.mk]

those days are gone, mining is not profitable any more, and will not be in the future.
You see Dev of coins already distribuing coins on  other ways exept mining. There is a reason for that.

[notlist3d]

If your using GPU/CPU it is going to be hard to make a profit.  Sadly the day's where you could go out and buy video cards with a time frame on ROI is gone most likely gone forever.

The amount of electricity used and heat extraction needed when you run a good amount of cards just is hard to do.  If you somehow had a super low electricity rate sure it could be, but very few probley have this.

In my case ASIC is still profitable I am lucky to have decently priced electricity with lot's of space.  I can see that is something not everyone has sadly.  Hosting is a option aswell.

The hard part is the pump/dump of coins currently most alt coins are very low considering.  It is far easier to ROI on a bitcoin miner for myself then Scryt asic.  Just becuse of how much more accurate I can predict my return.  Currently with my Scrypt I can't near as accuratly pick ROI date.  This has caused current buy's to go twords straight bitcoin miners.

I'm hoping we and think we will see alt coin's go up (not all some are not great coins).  Just when I don't think anyone can predict.