Reddit Now Holds Bitcoin, Ethereum, and Polygon On Its Balance Sheet

Author: Zolocage

Date: 25.02.2024

Categories: Reddit

Yep, it's getting harder for miners to remain profitable with the time. Reply. Crypto currency mining is the act of using computer hardware to turn electricity into crypto. If you play with any crypto mining calculator -. So even if no one was buying or using BTC it's value would still hang in the range of what it costs to produce. If no one wants to buy gold, a.

No, I did not become a BTC millionaire unfortunately. We never knew if it was going to work. We always sold any coins we mined instantly at spot.

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the profits are far far far away from the ETH era. Check out cryptolive.fun If you have cheap electicity, or 30+ gpu's wich make each $ a day. It relies on btc price going up. The current mining + replacement cost is around $k/btc.

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With hash rate changes it might become $k. I never said it was profitable or even logical to do with a PC. However, it's still a good hands-on learning experience into the inner workings.

How to mining BITCOIN on your MacBook 2024 01.03.24 NEW!

Mining is going to be very profitable. It's already quite profitable.

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But you have to actually look mining what bitcoin to mine mining what settings to. Nicehash is old school, they constantly switch coin reddit fuel to the profitable profitable coin, BUT they did exit scam intook $ worth of my.

Depends on the price you profitable for the electricity. Bitcoin 2 cents per kWh it's surely profitable.

I would also do it for no profit, just +/- 0. The price of crypto. When bitcoin is 60k or eth is 4K mining is profitable. When coin drops 75% an electricity costs near double it doesn't.

Real estate does not have halvings or difficulty increases that reduces the cash flow reddit usually real estate appreciates in price, while ASICs. Unless you have free electricity and some very high config devices, it might reddit be profitable.

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However, you can look up whattomine to calculate. In the short run it's probably not the best investment for quick profits.

What Happens to Bitcoin After All 21 Million Are Mined?

But if you drop 30k on a solid card setup. And hold that. Really depends but that energy price is very good. I definitely wouldn't mine mining and would go towards alts and then trade them into btc if.

It isn't reddit profitable. Generally it bitcoin more lucrative to do spam and what have you than profitable mine Bitcoins.

Stealing wallets might be a.

Reddit adds Bitcoin and Ethereum as retail interest in crypto fuels Bitbot’s presale

Crypto mining is now no longer profitable in any country, with at least 24 months of unviability Archived post. New comments cannot be posted. If you are doing this to make money now you shouldn't of ever been involved. By the time you hear something is worth investing in, it's already.

How Long Does It Take to Mine 1 Bitcoin?

Mining used to be profitable when ETH was Proof of Work. There's plenty of other stuff to mine but it depends on your electricity price. Even regular mining isn't even really worth it, not unless you get free electricity and lots of it. Much much better to just buy Bitcoin and.