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Author Topic: Is it still worth mining bitcoin in 2018 ?  (Read 2527 times)
Teebass001
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October 02, 2018, 09:52:16 AM
 #101

Nah mate. Mostly it's a waste of time and effort. Bitcoin mining requires a lot of resources which are usually not within the means of an individual. You can try your hands on mining shitcoins with low difficulty level

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ngalamunan
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October 03, 2018, 09:17:01 AM
 #102

Nah mate. Mostly it's a waste of time and effort. Bitcoin mining requires a lot of resources which are usually not within the means of an individual. You can try your hands on mining shitcoins with low difficulty level
Yes, it is up to you to mine or not to mine, and you have to use expensive machines and lots of capital if you do not have it. My advice is that no ocit mining than you will lose. and even waste time if we always invest without capital
nisya
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October 03, 2018, 09:39:04 AM
 #103

I am not sure about this because from my friend story, he needs to pay a bigger electricity fee and he cannot earn a big profit in his vga. But I don't know what is happening with the largest company or people who are using more than five rigs at the same time. But I guess their profit is not too big depends on the last year and I think their profit decreased too deep.
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October 03, 2018, 11:35:27 AM
 #104

I believe that all??? is worth. I'm still looking at bitcoin mining. Because closer to the new year it will begin its growth. If not bitcoin, you can produce Litecoin, Dashi, too, good coins.
#dhabitamartha
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October 03, 2018, 12:22:48 PM
 #105

My question is if it's still worth buying Asic's and start mining BTC in 2018.

If not mine BTC what other coin is it worth to mine nowadays?

I think if bitcoin can buy bitcoin and smart people only if this happens to manage bitcoin only in the area of bitcoin experts and technology while like me it is difficult to get bitcoin.
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October 03, 2018, 12:29:19 PM
 #106

My question is if it's still worth buying Asic's and start mining BTC in 2018.

If not mine BTC what other coin is it worth to mine nowadays?

Guess it's not a very good time to start, taking into account that very little amount of btc is left. Time for trading.
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October 03, 2018, 12:47:10 PM
 #107

Instead of investing money in mining hardware your better off just buying the coins.  looking back at the profits miners have made, they would have pretty much always been better off just buying the coins instead.

Profits have been rapidly decreasing as difficult is continually rising.  Right now is a tough time to get into mining.  The only positive right now is you may be able to pick up some cheap gear from desperate sellers.
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October 03, 2018, 12:47:52 PM
 #108

I think it is worth starting to mine bitcoin because you still have chances to catch the big fish. I am mining and I recommend it.
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October 03, 2018, 01:14:15 PM
 #109

In my opinion, if you have not previously engaged in mining and you did not have powerful equipment, you should not climb there. But if you have extra money, then of course you can try
I would agree, overall you can give it a shot, there's always going to be a risk,no matter what you do.
MathGame
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October 03, 2018, 01:21:57 PM
 #110

Mining bitcoin doesn't worth the effort in 2018 because it is no longer profitable unless you are planning to hold your bitcoin until the next bull run.
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October 03, 2018, 01:29:43 PM
 #111

Nah mate. Mostly it's a waste of time and effort. Bitcoin mining requires a lot of resources which are usually not within the means of an individual. You can try your hands on mining shitcoins with low difficulty level
mining bitcoin is determined ourselves if we want to mine it is up to it if not yes it's up to our right to do whatever it is so no one forbids us and it doesn't hurt if we want to mine or not if it's lucky yes it's profitable if not be patient just maybe not hockey
ace1105
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October 03, 2018, 02:56:31 PM
 #112

Mining bitcoin doesn't worth the effort in 2018 because it is no longer profitable unless you are planning to hold your bitcoin until the next bull run.

You have a point, but it still depends on the devices and resources a certain person can provide. If they provide it then try to mine but I also think that mining bitcoin is not profitable now.
Vincemanam21
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October 03, 2018, 04:08:15 PM
 #113

Mining bitcoin this year 2018 is not that good . Because you will spending alot of money in buying hardware and the profit will is not that good, instead invest or buy bitcoin.
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October 03, 2018, 04:20:18 PM
 #114

My question is if it's still worth buying Asic's and start mining BTC in 2018.

If not mine BTC what other coin is it worth to mine nowadays?

I think to date investment in bitcoin is still feasible, because some people still see that bitcoin still benefits investors. yes, although sometimes difficult to guess, bitcoin can still be used as an investment

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October 03, 2018, 07:03:28 PM
 #115

Many factors need to be considered to conclude and answer the feasibility of mining Bitcoin in 2018. I think, Yes, it's still worth, but, that's only if you invest a large amount of capital on a good mining rig. If you do not have time or money, you should stay away from mining and only invest in buying Bitcoin for the long term.
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October 03, 2018, 07:56:28 PM
 #116

Nah mate. Mostly it's a waste of time and effort. Bitcoin mining requires a lot of resources which are usually not within the means of an individual. You can try your hands on mining shitcoins with low difficulty level

If you have access cheap electric, it is very profitable. Even if you don't, still it give some profit. Otherwise people would stop mining and difficulty would drop.

But people are getting profit out of it. But yes, you can't have huge earnings.


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October 03, 2018, 08:26:03 PM
 #117

I too as well as you studied this question, but all in one voice to me repeat that it is too expensive and doesn't justify itself. So I gave up the idea and decided to just buy it on the stock exchange.

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October 03, 2018, 08:46:59 PM
 #118

In my country, the cost of electricity is too high. Therefore, I immediately abandoned production in favor of the usual long-term investment. I think it's even more profitable. And more simply.


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October 03, 2018, 09:15:05 PM
 #119

It can really be disadvantageous for you. You need to buy expensive equipment, pay large electricity bills. In addition, this is quite a long process, So I recommend you not to bother, but just buy bitcoin and wallet for it.

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October 04, 2018, 05:33:27 AM
 #120

My question is if it's still worth buying Asic's and start mining BTC in 2018.

If not mine BTC what other coin is it worth to mine nowadays?
I think you will be able to earn in mining but it’s difficult and also the materials you need are expensive.
You will also pay large amount of electricity bill to earn small amount? Also mining is a long process.

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