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Is mining profitable reddit

WitrynaMining has more to do with your faith in crypto than the raw immediate profitability. If you can only figure 3k initial investment as ROI in 18 months, you're doing it wrong. I'm on … WitrynaIt is not as profitable in the longrun but I’d say it is also lower risk in the shortrun, assuming you don’t get scammed, because you can estimate the amount of bitcoin …

Cryptocurrency Trends: Is Bitcoin Mining Profitable in 2024

Witryna12 kwi 2024 · Crypto mining may be profitable depending on your setup. A powerful GPU or ASIC system can make it more lucrative. If you have cheap or free electricity, … Witryna5 sie 2024 · In this video I take you on a tour of my at home GPU mining farm. I show you how much money I make mining Ethereum at home in August 2024. You hear a lot that GPU mining is dying, and that... cindy anda https://gmtcinema.com

Is it possible to Monero to reach a price that mining becomes

Witryna23 lut 2024 · Yes, mining is profitable in early 2024. Of course, the profit margin depends on the electricity price you are paying. The lower the electricity price, the … Witryna15 wrz 2024 · Similarly, RVN miners could earn RVN 30.28478584, or $1.77 per block 24 hours ago, and in the past hour, that’s dropped to just RVN 0.82968431, or about 5 cents. “As suspected, too many ETH ... WitrynaMining difficulty has gone up consistently this year despite prices going down. Logically, fewer miners should actually mean better price, because a miner never bought … diabetes in aboriginal population

Start mining crypto in 2024 - Is it worth it? NiceHash

Category:Is cryptocurrency mining profitable in 2024? Top 4 methods to try

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Is mining profitable reddit

will mining get profitable with bull run? : r/gpumining - Reddit

Witryna25 kwi 2024 · The choice of GPU is crucial for mining. In order to mine profitably you need the right hardware that produces maximum hashrate while consuming minimum electricity. We recommend at least a GTX 1070 or GTX 1080 to profitable mine Ethereum these days. If you have latest gen RTX 30xx cards then its good. WitrynaLaser mining platinum is the current meta for cr /h by mining. Core minerals have a much higher price ceiling, yes. But it takes significantly less time to fill the same hold …

Is mining profitable reddit

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Witryna23 lut 2024 · are not as highly profitable as mining Ethereum. Actually, it's just that they won't be profitable at all once the gigantic hashing power currently on ETH transfers … Witryna1 mar 2024 · Bitcoin mining software lets you use computer hardware to help administer the blockchain technology that runs Bitcoin (BTC). As a reward, you can earn newly …

WitrynaIf monero rises in value, it is possible that mining becomes a profitable activity for the average cpu miner? Or a higher price would mean more miners conter weighting the eventual profit resulting in revenue staying the same? Witryna21 mar 2024 · Mining ethereum is very profitable right now, but that's only until the update that's scheduled in July. 11. zulugrid • 2 yr. ago. Yes, absolutely. You can …

Witrynawill mining get profitable with bull run? hey seeing btc starting to make a come back, lets say we get back into a bull run, new ath's... will gpu mining become very … WitrynaFun Touhou Fumo archival & preservation toy amusement channel. Random Touhou Fumo memes reposts, nothing is mine or original. If you want your video removed or credited just comment on them. I do ...

WitrynaSilently mining until then. And since each L7 is the functional equivalent of 18 L3's you did pretty good! I agree with most of this except the lol on your ROI. You paid $13000 for your machine which is $7000 less than most people AND your power is cheap to be getting $20 a day profit. Mine is $0.11/kWh so about $3500 a year.

WitrynaMining is not profitable right now if you must pay for the electricity to do it. Accounting for electric, $1.03/day per GPU minus $0.30/GPU for me personally is still $0.73/day … diabetes in aboriginal australiaWitrynalevel 1. · 3d. You have ~7 months left of mining time we can be sure of before ETH goes to Proof of Stake. Once that happens, you can mine other coins, but it's a huge … diabetes in aboriginal peopleWitrynaIt is completely normal for profitability to drop at this time! NiceHash is a hashpower marketplace, up until recently buyers were placing big orders for mining Ethereum - … cindy and alan leblancWitryna30 sie 2024 · “Most of the leading mining companies in our coverage have a relatively new fleet which can remain profitable at a much lower BTC price than current levels, … diabetes in action windsorWitryna13 lip 2024 · Individual miners wonder if bitcoin mining is still profitable. According to recent research in 2024, bitcoin mining is a highly concentrated business. 10% of bitcoin miners control 90%... diabetes in a boxWitrynaAll gathering is profitable , some people say it’s skinning because it’s sell higher but o find harvesting / stone really good because it’s mostly untouched and you get 5/5 nodes like 80% of times . Fatbaldneek19 • 1 hr. ago Ye i was thinking stone too since its rare seeing it be farmed More posts you may like r/pathofexile Join • 5 yr. ago diabetes in a cat symptomsdiabetes in adulthood