bitcoin mining

[LesLie Rose]

I just want some advise, is it profitable to venture into Bitcoin mining? Thank you in advance and God bless.

[noictib]

I just want some advise, is it profitable to venture into Bitcoin mining? Thank you in advance and God bless.

i will suggest you keep distance from cloudmining but i will recommend for hardware mining .
since hardware mining is less profitable but it is legit way to earn free btc .

[MingLee]

I just want some advise, is it profitable to venture into Bitcoin mining? Thank you in advance and God bless.

It might be profitable if you have a lot of time to wait for your return on your investment in whatever mining hardware you opt to purchase, and you have cheap electricity. If you don't have cheap electricity, that might rule it off outright, and if you have cheap enough electricity you might be able to make money off of your venture.

[molsewid]

I just want some advise, is it profitable to venture into Bitcoin mining? Thank you in advance and God bless.

Cloud minings nowadays had best offer to there investors but it will not take too long to live there here to scam people who had best income source every week to invest on there website cloud mining is not profitable of bitcoin mining you should learn not to do this and try trading instead of loosing money from crap sites

[xIIImaL]

I just want some advise, is it profitable to venture into Bitcoin mining? Thank you in advance and God bless.

It would be profitable when open the large scale mining with low electricity costs. If you can able get a electricity free or cheap rate, I am sure you can make profit easily. Check with solar miner as well in google search.

[mobnepal]

Depends upon the electricity cost you have in your country, if you have cheaper electricity like 0.03 usd per KW than it may be profitable if you can run a big mining farm. But if you have expensive electricity than buying bitcoin directly from exchange will be cheaper than mining for years to get same amount of bitcoin. You can check how much you can earn mining with hardware here http://www.bitcoinx.com/profit/

[Windpower]

If you are thinking about cloud mining, think again. If you are thinking of mining with something like an antminer, then it is pretty much only profitable when you have a lot of mining hardware.

[coynedterm]

I just want some advise, is it profitable to venture into Bitcoin mining? Thank you in advance and God bless.

i thimk you should try blockchain mining platform . but i think also you should try gpu mining also . since profit is sufficient for your satisfaction . so try first .

[Windpower]

I just want some advise, is it profitable to venture into Bitcoin mining? Thank you in advance and God bless.

i thimk you should try blockchain mining platform . but i think also you should try gpu mining also . since profit is sufficient for your satisfaction . so try first .

GPU mining is definitely not a good idea. It destroys your GPU and you should just buy an antiminer if you want to start mining. Just keep in mind the price of electricity in your country.

[MyBTT]

Bitcoin mining will not be profitable unless you actually invest millions into a mining farm. Otherwise, no.

I just want some advise, is it profitable to venture into Bitcoin mining? Thank you in advance and God bless.

i thimk you should try blockchain mining platform . but i think also you should try gpu mining also . since profit is sufficient for your satisfaction . so try first .

GPU mining is definitely not a good idea. It destroys your GPU and you should just buy an antiminer if you want to start mining. Just keep in mind the price of electricity in your country.

Buy an ASIC. Keep it general. Antminers are like Nvidia. They may be the prominent face, but not necessarily the best. (Take AMD as an example)

[darklus123]

Cloud mining really is hard to trust because most of it are really ponzi. But i know one cloud mining or shall we say it as faucet it is bitzfree the idea was really good because you can gain powers when you convert your earnings to MHZ but actually the power that they give you is from the ads their site getting.

[Dudeperfect]

I think bitcoin mining is a business now and should leave for them who treat it so. The CPU mining days are over and there is no possibility of profits in casual mining. I was curious about cloud mining few days ago but I realized that that one is also not worth it. If you can manage to undertake bitcoin mining on professional level then you can think about profits but I don’t think it’s possible on individual level with casual mining.

[Indrawan77]

Well for now mining is not too profitable anymore because the mining rate has dropped due to the halving event, and because my country electricity is expensive so it can't cover up the expenses, if you have some capital and cheap electricity, it can be profitable

[deadsilent]

If you really wanna know anything about mining. You should go to mining section.
https://bitcointalk.org/index.php?board=14.0
This will help you on what specifications of hardware is recommended for mining. I have not try mining coz the electricity cost here were too expensive. So if your electricity is cheap, its good for you.

[doomistake]

Mining bitcoin right now is not really recommended because bitcoin's price right now is not high for the miners to get some profits on mining it. It is better if you something else than mining like trading and so on. Just keep on growing your BTC right now and wait until the bitcoin's price will go up again and when that time comes you can start mining and you will get a huge profit from it for sure.

[robelneo]

After the halving it's not profitable anymore but if you want to try and test it and you have the resources,you can still try go to the mining section of this forum,in my opinion it's much more profitable to mine altcoin and trade it to bitcoin..

[Kakmakr]

It all depends on what you want to mine. Forget about Bitcoin mining, because solo mining for bitcoins will not be profitable. You can mine Alt coins, but you have to consider which Alt coins to mine, and then sell quickly. These Alt coins are fly by night operations, and it would be here today and gone tomorrow. ^hmmmm^

How much money do you plan to sink into this mining operation of yours? Do you pay for the electricity or do you have cheap electricity? How cold is it in your area?

[adi33]

Minning with bitcoin is advantageous because we can get two benefits at once apart from mining profits. when bitcoin up the price without the photo, immediately we are also benefiting. but be careful choosing a site for Minning because many sites are deceptive

[davis196]

I just want some advise, is it profitable to venture into Bitcoin mining? Thank you in advance and God bless.

Cloud mining is a scam,bitcoin mining isn`t profitable unless you live in

a third world country with cheap electricity and get cheap mining hardware.

This is everything you need to know.

[pedrog]

If you're talking about amateur mining, you'll never make money.

If you're talking about millions in investment and making your own hardware and facilities, you'll probably won't make money also.