Can I make my living on mining?

[rizwanalijcb]

Can I make living on mining?

[1715470306]

1715470306

[1715470306]

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[hownowbrowncow]

That would depend on where you live and what you are using to mine. For example, if you had two L3+ Scrypt miners, you could make a profit of around $35-$40 a day, it's been that way for a few months now, and was higher before, and will likely go lower in the future. If you lived in a poor country, say El Salvador, you could live off $35-$40 a day, simply because food can be purchased cheaply, and no doubt you could rent for cheap too. In Cuba, for example, the average wage is $1 US per day, so a day of mining is equivalent to over a months wages...of course, you rent and medical are steeply subsidized at that wage.

[quan52395]

Mining is a job that helps you make a lot of money. So, you need to study the mining market form, give yourself a good manpower. Wish you success.

[Noelnada]

Depends hugely on the cost of electricity and crypto markets trends.

[ezoleyta1]

It depends on how much you spend and how much you lean on it, it can make you a good income monthly but the point in mining is actually gathering and keeping in your hand what you mine.

[Musko]

It depends man

[stephaniezebene]

Can I make living on mining?

I would say no. Mining for the most of people is just one of the ways to get profit once or twice

[Alexxo]

sure you can

[verdi-crypto]

Depends on the initial investment you're willing to make and the cost of electricity in your country. Also, keep in mind that mining rig models are costantly updated, which means that what you might buy today could be obsolete in two or three months

[almightylarvas]

Can I make living on mining?

If you have enough money to invest in a minning farm you'll hit ROI in less than 2 years.

[mountrock]

That would depend on where you live and what you are using to mine. For example, if you had two L3+ Scrypt miners, you could make a profit of around $35-$40 a day, it's been that way for a few months now, and was higher before, and will likely go lower in the future. If you lived in a poor country, say El Salvador, you could live off $35-$40 a day, simply because food can be purchased cheaply, and no doubt you could rent for cheap too. In Cuba, for example, the average wage is $1 US per day, so a day of mining is equivalent to over a months wages...of course, you rent and medical are steeply subsidized at that wage.

You may need to write in detail about this. I have never done mining, I am interested if it is really profitable, for example with the option of multipling equipment quantity

[MerrickMaverick]

That would depend on where you live and what you are using to mine. For example, if you had two L3+ Scrypt miners, you could make a profit of around $35-$40 a day, it's been that way for a few months now, and was higher before, and will likely go lower in the future. If you lived in a poor country, say El Salvador, you could live off $35-$40 a day, simply because food can be purchased cheaply, and no doubt you could rent for cheap too. In Cuba, for example, the average wage is $1 US per day, so a day of mining is equivalent to over a months wages...of course, you rent and medical are steeply subsidized at that wage.

Dude, you just got me dreaming of making a super mine in Cuba... But one - they're communists, so they'll seek to take my mine, and second, would the entire power grid of the island even able to sustain Bitcoin mining?

[rijankrick]

yes it can be
wherever a bole earns an important and lawful living in God's pleasure.

[AlienSeeker]

You can make a living in mining if you have the technologies needed for mining, and ready your wallets for the price of electricity will surely be a huge amount. Or if you don't want a set up, make sure you have a big investment.

[avadonne]

Not only living, it will give you a life. A friend of mine started mining, all his properties that he owns today are from the earnings he had from mining. Together with trading while mining, you'll be millionaire.

[tafaaqua]

Everyone can earn a living in the mines of origin does not violate the law.

[OldCat]

I don't think so.

[cowh4x0r]

I don’t think that’s realistic

[imunk]

Yes if you have high mining rate

[reck1ess]

It depend on what kind of coin will you mine and the specs of your mining rig as well as the place you live.