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Is bitcoin mining still worth it reddit

Written by Bella Aug 31, 2021 ยท 7 min read
Is bitcoin mining still worth it reddit

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Is Bitcoin Mining Still Worth It Reddit. However in practice the algorithms complexity is growing in leaps and bounds. Is mining bitcoin in some pools still worth it. I also started mining from last 1-15 yrs using Nicehash Miner with RTX 2080Ti What Ive mined till now is worth over 2K of BTC now and if I just keep on HODLing it then it could be worth 10K in future maybe 3-5 yrs down the. Some people say that at current difficulty its not worth to mine not just Bitcoin but other crypto currencies as well.

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However in practice the algorithms complexity is growing in leaps and bounds. I also started mining from last 1-15 yrs using Nicehash Miner with RTX 2080Ti What Ive mined till now is worth over 2K of BTC now and if I just keep on HODLing it then it could be worth 10K in future maybe 3-5 yrs down the. Is bitcoin mining still worth it reddit. Is mining still worth it. People are literally getting rich with Bi. Bitcoin mining can still make sense and be profitable for some individuals.

People are literally getting rich with Bi.

Is crypto mining worth it reddit 2021. In the same way that reading a book is worth it. Cryptocurrency is still one of the most vibrant and fascinating markets to get involved with. My average is around 20K. Thats why im giving rvn a try the halving is close its on january 2022 and even when its get just to 1 i made more with rvn in a year than. 04042021 Is bitcoin mining worth it reddit.

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The short answer is yes. So maybe you guys can share your opinion on this topic. I also started mining from last 1-15 yrs using Nicehash Miner with RTX 2080Ti What Ive mined till now is worth over 2K of BTC now and if I just keep on HODLing it then it could be worth 10K in future maybe 3-5 yrs down the. I have invested in BTC A good amount. This thread is archived.

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Is mining still worth it. If so it is important to consider hardware and electricity costs in relation to reward profitability before determining if it is still worthwhile for you to mine bitcoin in 2021. Bitcoin mining can still make sense and be profitable for some individuals. I also started with eth but even when it doubles it will not be rly promissing with 005 eth a week. Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes mining from their bedrooms.

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Is crypto mining worth it reddit 2021. People are literally getting rich with Bi. 06052021 I began mining cryptocurrency full-time 4 years in the past I mine Bitcoin I mine Ethereum I mine different cryptocurrencies together with mining Dogecoin. You need to hold it. If so it is important to consider hardware and electricity costs in relation to reward profitability before determining if it is still worthwhile for you to mine bitcoin in 2021.

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My average is around 20K. 14062021 This article will explore whether Bitcoin mining is worth it in 2021 and what some alternatives might be. Is crypto mining worth it reddit 2021. The long answer its complicated. I also started mining from last 1-15 yrs using Nicehash Miner with RTX 2080Ti What Ive mined till now is worth over 2K of BTC now and if I just keep on HODLing it then it could be worth 10K in future maybe 3-5 yrs down the.

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However in practice the algorithms complexity is growing in leaps and bounds. People are literally getting rich with Bi. Its worth mining it just tells the future its a long term run. Successfully mining just one Bitcoin block and holding onto it since 2010 would mean you have 450000 worth of bitcoin in your wallet in 2020. Is mining still worth it.

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This thread is archived. 05082021 Bitcoin mining can still make sense and be profitable for some individuals. Is mining Bitcoin and Ethereum still worth it. I have been doing some with my gaming rig using Nicehash which is a basic way to start. The exchange rateBTC purchasing power has to hit absolutely ridiculous proportions to even break even on a cheap miner like the Antminer S3 if you pull it as soon as it makes a negative ROI.

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In the same way that reading a book is worth it. In the same way that reading a book is worth it. Successfully mining just one Bitcoin block and holding onto it since 2010 would mean you have 450000 worth of bitcoin in your wallet in 2020. People are literally getting rich with Bi. You need to hold it.

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Using an AMD Ryzen 1600 AF and RTX 2060 making around 150 - 200 per day around 5k - 7k sats per day is actual payout in BTC. With the current numbers Bitcoin mining will never be commercially profitable for anyone who isnt already an entrenched player and it may be a dubious prospect even for these people. The payouts on Nicehash are through bitcoin as people are paying for hashing power from the pool. Just buy crypto and cut out the middleman. 04042021 Is bitcoin mining worth it reddit.

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7272014 Its profitable only if you dont pay for electricity or if you have it very cheap 005. Is bitcoin mining still worth it reddit. Just lately I additionally began mining Helium with HNT hotspot miners that use. However in practice the algorithms complexity is growing in leaps and bounds. Given that you can trade one for over 9000 Bitcoin mining is still theoretically worth it.

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Thats why im giving rvn a try the halving is close its on january 2022 and even when its get just to 1 i made more with rvn in a year than. You can grab around 50 rvn a day or better said i get 50 rvn a day with a 3090. Is mining Bitcoin and Ethereum still worth it. 10082021 The short answer is yes. So maybe you guys can share your opinion on this topic.

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Posted by 7 months ago. Is crypto mining worth it reddit 2021. 10082021 The short answer is yes. Just lately I additionally began mining Helium with HNT hotspot miners that use. If so it is important to consider hardware and electricity costs in relation to reward profitability before determining if it is still worthwhile for you to mine bitcoin in 2021.

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