Mac Farmer
Old Alpha
- Joined
- Apr 19, 2015
- Posts
- 910
even in that link it shows if you buy a good enough rig, you should be able to profit $2k/year per rig, so his reply does stand.
Probably if you live in place where you don't pay for the electricity . Last time i was checking some videos on youtube for it i conclude its not profiting even in my contry .
That was enought to read for me . You can spend your time read the whole think i dont mind
Conclusion
The average home miner will struggle to be profitable or recoup the cost of mining hardware and electricity.
Profitability is highly unlikely given the current circumstances.
The situation may improve in future once ASIC mining hardware innovation reaches the point of diminishing returns.
That, coupled with cheap, hopefully sustainable power solutions may once again make Bitcoin mining profitable to small individual miners around the world.
This would also greatly improve the decentralization of the Bitcoin network, hardening it against legislative risk.
P.S the whole point here was other . I dont think messi or aurora or vodka struggle to pay for they rent or electricity since they was making what ? 5-10k usd per mount ?