Will mining be profitable again?

[H1N1]

Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?

It will depends not only from the price, but on the several factors like difficulties of mining, hardware price.
The more profitable, the more peoples will join to mining the coin, then the difficult will rising.
Maybe bitcoin will need to hit $10k, so the profit is great in mining bitcoin.

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[jan.nicolas]

Probably yes.  Because the higher the price the more relevant mining.  Because it will become profitable.  Previously, when the price was not expensive, then mine was at a loss, and now you can earn.

This is not always the case; of course, there can be a lot of things, but the higher the prices, the more industrial farms appear, which today work and make cryptocurrency too vulnerable. Still heard about the attack 51%

[macshad]

I think mining is as yet productive yet it is dependably give a little profit,lower that previous couple of months and year on the grounds that the cost of bitcoin is high so they can just mine solitary little amout of bitcoin. For me it is a great idea to do other bitcoin movement like exchanging and abundance since we can get more salary originating from this action contrast with mining.

[syamster]

Mining will become profitable when the price of bitcoin rises above 10K$. Or you can try to mine bitcoin now if you have a free electricity)

It is the only issue that miner use to face that it consumes allot of electricity so if  we will pay the bill at the end we can get profit as well but some people are not affording to pay so much electricity consumption, but in some countries not there is solar mining which is good project I want it to launch in my country as well.

[Bulitt]

Depending on your efficiency, and electricity rates, mining was profitable all the way down to $3500, when it was $3100 it was scary and I did turn my rigs off during that period, but ever since it was above $3500 I've been mining altcoins in profit on my small hodge podge of GPU's

[fosco333]

Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?

Bitcoin has surpassed $8000 and i think mining bitcoin is slowly become profitable again.
But don't forget, when mining become profitable, many miners will come and mining again.
This will make the difficulty of mining rising, and miners will get less from mining.

[brilly17]

yes with use of tools as miners to work on customs as following distinct on personal preference to collects as fine with the weight on lodge as expecting of returns with the target to complete within the terms of plan with the bitcoin mining.

[kidoseagle0312]

Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?

Correction, bitcoin at the moment was 8240$ according to the https://coinmarketcap.com/currencies/bitcoin/, So I think mining still profitable.
If I only have a capital to buy a mining rigs I will buy for sure, for sure those miners now are already gained or gaining more.

[CryptoBry]

Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?

I read somewhere that at $6,000 price of Bitcoin, mining can be profitable depending on the cost especially that of electricity in running the enterprise. Now, since we are now at the $8,000 level this can mean money to miners and with the miners ban in China this can be a good opportunity for newcomers to make a killing in this bull run. However, we know that mining is not profitable in many locations because of the expenses involved plus this business can be an issue with places with limited supply of power and sometimes politics can come into the picture complicating things.

[Caladonian]

Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?

Bitcoin has surpassed $8000 and i think mining bitcoin is slowly become profitable again.
But don't forget, when mining become profitable, many miners will come and mining again.
This will make the difficulty of mining rising, and miners will get less from mining.

Knowing the risk is the very first part of your decision-making. If you are looking for potentials with mining, then look first with those factors which
caters the process, mining devices, electricity cost, maintenance, do the checklist and assess, review each pros and cons as knowledge upon this
business is very important, not because the value rises up then you'll going to ride or because the trends for mining is showing some strength, always
look for longer engagements for much profitable outcome.

[Novatech8]

Mining is completely way out of it ,they profits are just too low so the fact is other ways are better ,I'd even choose airdrops over mining or bounties too,if airdrops could give you 50$ to 100$ these days its way better than mining and wasting energy

[toast]

Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?

Correction, bitcoin at the moment was 8240$ according to the https://coinmarketcap.com/currencies/bitcoin/, So I think mining still profitable.
If I only have a capital to buy a mining rigs I will buy for sure, for sure those miners now are already gained or gaining more.

yes, bitcoin is now rising and green on the market, but most of the miners today have not dared to run it because the profits and losses are even greater losses. usually the miners will start when bitcoin is stable and the stability lasts a long time because that's where small profits begin to appear.

[2Kool4Skewl]

 I think yes.  The higher the price of bitcoin the better to mine.  But still, I see that the number of farms is significantly less than before.  This is not all connected with the price of cryptocurrency but with expensive electricity.

[kalstarzz]

yes, mining will return to profit if the price of bitcoin remains as currently at $ 8,052. for me this is enough to be able to provide benefits to the miners, and quite in accordance with what they have to spend.

[luthvie]

i think mining is still profitable right now, i can say that because still some project appeared with product of mining tools, because we are know btc will halving on 2022, so maybe now is the right time to mine more btc.

[BlueStackz]

Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?

Mining has always been profitable, just need to know which coin is best to mine on the equipment that you have installed. To do this, you need to use specialized sites that allow you to calculate the best mining options for you, taking into account your equipment and software.

I think bitcoin is the best choice but it is still depends on the difficulty still if there were lots of miners that are mining bitcoin then it wont be profitable enough to say.

Of course everyone knows that bitcoin would always remain the best coin to ever mine, but the cost of operating it is the most difficult part of it all, and except there is a very high surge in the price of bitcoin that miners can really benefit from the mining of bitcoin, and I guess now that we are in the bull run, most miners would have been planning to return back to mining  to take more profit.

We also have some other coins though in the market that is very good to mine, and not so expensive to set up, Electroneum and monero is one hell of a coin to mine and easy to set up.

[popolite11]

Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?

Mining has always been profitable, just need to know which coin is best to mine on the equipment that you have installed. To do this, you need to use specialized sites that allow you to calculate the best mining options for you, taking into account your equipment and software.

I think bitcoin is the best choice but it is still depends on the difficulty still if there were lots of miners that are mining bitcoin then it wont be profitable enough to say.

In my opinion, mining will never give you as much as the trading. If you are concentrated on Bitcoin, it is much better now to hold it.
The crypto market has been showing the signs of the bullish trend for a long time, and we have all the best chances to meet the new price of BTC. I think this year, it can reach 15 or even 20 thousand again.

With mining, you will not make too much.

[Rimueng tuha]

Crypto currency conditions are getting better. The price of crypto currencies is increasing and the market is increasingly green. Potential coins go up in price so this is very beneficial for crypto currency lovers. I also played crypto currency also increasingly challenged because the market is getting better and more crowded. In the market, more crypto currency players are active. Some who stopped mining then now start again to mine a few coins. In my opinion, mining is still very profitable if we can reduce mining costs as effectively and efficiently as possible.

[BitTraderCute]

Crypto currency conditions are getting better. The price of crypto currencies is increasing and the market is increasingly green. Potential coins go up in price so this is very beneficial for crypto currency lovers. I also played crypto currency also increasingly challenged because the market is getting better and more crowded. In the market, more crypto currency players are active. Some who stopped mining then now start again to mine a few coins. In my opinion, mining is still very profitable if we can reduce mining costs as effectively and efficiently as possible.

for current price maybe miner could earn profits but maybe still on small amount.if our profits besides depend on cryptocurrency price it also depend on operational cost especially electricity.in some countries basic price of electricity very high and it be main problem for miner to ger profits.

[Vishnu.Reang]

Now it has become even more difficult, as the major mining pools are all increasing their hash power, expecting the bull rally to continue for the remainder of the year. Even if you purchase a few mining rigs now, it may take more than an year to cover the capital costs from the mining revenue. And for that to happen, the prices should stay high.