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Author Topic: Will mining be profitable again?  (Read 13066 times)
asbak66
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June 01, 2019, 03:12:29 PM
 #261

Yes if we can get big bull run. But not at this moment when BTC price is still around $8000.
I think if we can surpass at least $9000 - 10000, will be profitable again for miners.
Probably in the 1 or 2 months we can reach them if nothing happen on crypto.

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June 02, 2019, 01:30:18 PM
 #262

mining should provide profits at any time, but profit mining depends on crypto prices, if indeed the crypto price can return to a high position. for mining purposes, it must be regulated so that mining can still run and generate profits
I do not even know how things are with the real miner today, since I did not get good results when the cost of Bitcoin was $ 4,000.  According to some statements of cryptocurrency users, Bitcoin mining payback is at the level of $ 5,500 and not lower.  But since the price of Bitcoin today fluctuates around $ 8,000, well, higher or lower, it seems that mining is becoming popular again.

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June 02, 2019, 09:20:19 PM
 #263

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?
Definitely, mining can still be very profitable. I expect thata miner or potential miner who wants to go nto mining, should first makes his calculations to see how profitable it will be to him.
Mining is a passive means of making profit, which means those who are too busy still have the opportunity to partake in it.
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June 02, 2019, 09:30:05 PM
 #264

I read news today that Bitcoin hash rate hit new AHT difficult. So, the more expansive BTC, the more difficult mining. But this ill be definitely profitable I think, as chinese miners are bulilding new fabrics for mining...

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June 02, 2019, 09:47:02 PM
 #265

it is not profitable since a long time, i do not know which country you talk about but for turkey we were all in trouble after electric costs increased. now it started to give a little but really if i did not have my rigs, i would not buy, you can not get your money back for years like this, then you will earn, bla bla uuuuuuuu!!!

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June 02, 2019, 09:54:36 PM
 #266

it is not profitable since a long time, i do not know which country you talk about but for turkey we were all in trouble after electric costs increased. now it started to give a little but really if i did not have my rigs, i would not buy, you can not get your money back for years like this, then you will earn, bla bla uuuuuuuu!!!
That would be a big consideration in the mining business, expenses will take more rather than of being profiting. But somehow we need to risk and find what strategies will help solve it. It may be in your area never be a good place for mining but in the other place just like in ASEAN countries, will possible that they are earning profits right now since the market has turned it good.

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June 02, 2019, 09:58:59 PM
 #267

Mining is always profitable but you need to weigh things up,
We are not  new in this as there are so many people mined before even BTC at low like less than a thousand usd per piece.
Now, what we should weigh to know if it is profitable, we should calculate the maintenance and electricity on having the mine first.
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June 02, 2019, 10:07:35 PM
 #268

Mining is always profitable but you need to weigh things up,
We are not  new in this as there are so many people mined before even BTC at low like less than a thousand usd per piece.
Now, what we should weigh to know if it is profitable, we should calculate the maintenance and electricity on having the mine first.

Yeah no, mining is not always profitable. How do you come to a conclusion like that? Mining can be profitable if the right conditions exist for it to happen, it depends on lots of factors, but is not always profitable.
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June 02, 2019, 10:09:59 PM
 #269

In my opinion, mining has always remained profitable, even if now the ratio of costs to revenues seems doubtful, in potential, it can bring greater profits.

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