Viewing a response to: @musing-threads/ak8z5wsnc
<a href="https://musing.io/q/tsnaks/f36uak4ax"><b>Is mining crypto worth it?</b></a><p>I have been thinking about this, and I can't figure out if crypto mining is profitable</p>
| author | tsnaks |
|---|---|
| permlink | f36uak4ax |
| category | musing-threads |
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| created | 2018-07-04 09:31:39 |
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Ya, but when the price of Bitcoin is high otherwise cost will be more than your output. Hence Now at this price it is not advisable to mine the Bitcoin as the price is too low. Now Steem is the best eco system to earn digital money
| author | blessing786 |
|---|---|
| permlink | fkcbnt4a5 |
| category | musing-threads |
| json_metadata | "{"appTags":["crypto","cryptocurrency"],"appCategory":"crypto","appBody":"Ya, but when the price of Bitcoin is high otherwise cost will be more than your output. Hence Now at this price it is not advisable to mine the Bitcoin as the price is too low. Now Steem is the best eco system to earn digital money","appDepth":2,"appParentPermlink":"f36uak4ax","appParentAuthor":"tsnaks","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-07-04 20:37:42 |
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It's no longer worth my point. The payback is too low in relation to consumption.
| author | ionutciobanu |
|---|---|
| permlink | fk8q93eax |
| category | musing-threads |
| json_metadata | "{"appTags":["crypto","cryptocurrency"],"appCategory":"crypto","appBody":"It's no longer worth my point. The payback is too low in relation to consumption.","appDepth":2,"appParentPermlink":"f36uak4ax","appParentAuthor":"tsnaks","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-07-04 10:13:30 |
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It depends on a lot of factors, such as cost of electricity in your area, general value of the coins you mine etc. It's not going to make you instantly rich anymore. However, you should expect to make a small profit long-term if you get decent gear and always mine the most profitable coin/token.
| author | valth |
|---|---|
| permlink | pkpge34s5 |
| category | musing-threads |
| json_metadata | "{"appTags":["crypto","cryptocurrency"],"appCategory":"crypto","appBody":"It depends on a lot of factors, such as cost of electricity in your area, general value of the coins you mine etc. It's not going to make you instantly rich anymore. However, you should expect to make a small profit long-term if you get decent gear and always mine the most profitable coin/token. ","appDepth":2,"appParentPermlink":"f36uak4ax","appParentAuthor":"tsnaks","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-07-04 10:18:36 |
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