Worth mining?

[Bitsaurus]

If you're in CA there's always a lot of opportunity to start a business and just accept BTC as the preferred payment method but you would need to keep a tight ledger to pay taxes.  Mining is pretty much dead except for free electricity people.

[notlist3d]

If you're in CA there's always a lot of opportunity to start a business and just accept BTC as the preferred payment method but you would need to keep a tight ledger to pay taxes.  Mining is pretty much dead except for free electricity people.

Everyone should do their own ROI.  I am lucky to have space and cheap electricity so mining is very much alive for me on Asics.  Granted I did stop GPU mining as heat and electricity was making my profit to slim, and was better off selling my cards.

I'm sure for someone in big cities this is much different then me, but depending on your situation mining is very much alive.

[4onesea]

I'm trying to "mine" LetsTalkBitcoin (LTB) just by posting in their forum, maybe this is the only coin worth mining.

[giveBTCpls]

Bitcoin hasn't been worth mining for ages. Of course when everyone gets told that it's not worth mining, well... somebody has to do the mining, for the coin to work, but basically whoever started first scallated on his mining business and now owns tons of hashing power, so whoever comes after that is just mining peanuts.

[harlenadler]

I'm trying to "mine" LetsTalkBitcoin (LTB) just by posting in their forum, maybe this is the only coin worth mining.

Don't know how long that's gonna last. But maybe it will go somewhere....

Anyone remember Motocoin?

[griffga]

If you take a chance and risk mining a coin with really solid fundamentals from minute one you may be able to make a lot of profit. Unfortunately, if you just go to the latest multi pool and mine whatever is most profitable, it's hard to really make good monthly income without a powerful mining setup. What do others think?

[Bitsaurus]

If you take a chance and risk mining a coin with really solid fundamentals from minute one you may be able to make a lot of profit. Unfortunately, if you just go to the latest multi pool and mine whatever is most profitable, it's hard to really make good monthly income without a powerful mining setup. What do others think?

Coins are not stocks/equities.  I'm not sure what fundamentals are.  Perhaps you mean a coin with great innovative ideas and a good dev team. Unfortunately it's hard to find those now with 10 scam coins popping up per day and cluttering the place with little scam wastes.

[ranochigo]

If you take a chance and risk mining a coin with really solid fundamentals from minute one you may be able to make a lot of profit. Unfortunately, if you just go to the latest multi pool and mine whatever is most profitable, it's hard to really make good monthly income without a powerful mining setup. What do others think?

Coins are not stocks/equities.  I'm not sure what fundamentals are.  Perhaps you mean a coin with great innovative ideas and a good dev team. Unfortunately it's hard to find those now with 10 scam coins popping up per day and cluttering the place with little scam wastes.

I cannot really think of how you make a profit since if you know for certain the price would rise or be stable, the difficulty can be high. Even coins with good developers can have lesser value over time, I have saw a lot of coin who had a huge community but still lost value, for example dogecoin.