Is Bitcoin mining still profitable or not in 2018?
If you have access to huge amount of very cheap electricity and large number of graphic cards if you have then nobody in the world can neglect your point they would definitely say,
Yes! If you live in Russia which seems local government support and has very cheap electricity.
There are many variables and factors which consist the answer if mining is still profitable. The short term of answer of this question I would like to give answer it definitely depends on how much money you are going or willing to invest for Bitcoin mining. On the other side of the question is I can calculate to the mining profitability considering to the different factors such as:
These are Mining terms you should compulsory know,
Hash rate:
Block:
Electricity Rate:
Shoaib I have a mining setup and I would strongly recommend everyone better to invest on coins rather than mining. Its not profitable anymore.
@shayanzai I think this is not profitable this time but according to my analysis in the upcoming days, it will be more profitable as compare to investing in currencies.
On the other side I appreciate your point of view,
have you invested in cryptocurrencies???
hi @shoaibsajid
Just checked your profile just to realize that we seem to share a number of interests :)
In particular that we both share a similar passion towards cryptocurrencies and blockchain technology :)
big fat upvote on the way! :)
I will follow you closely :)
Take care, Piotr
Cryptocurrencies and blockchain technology are future of the world and we need to give awareness to more and more people.
Thanks for all that sir, iIreally wanna salute to me due to same passion as yours, I have been visited your attracting profile and happy to saw your informative content there.
I will follow your way of analysis