i tried cpu mining through minergate and when considering power consumption,it was not profitable. At least for my country..
and are you sure %8 percent of Americans hold cryptocurrency?it is very high..
RE: CPU & GPU Mining from your laptop
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CPU & GPU Mining from your laptop
Am I sure, no - hence its an estimation.
http://cryptonewsreview.com/over-16-million-americans-estimated-to-own-cryptocurrency/
https://www.foxbusiness.com/markets/8-of-americans-own-bitcoin-cryptocurrencies
https://www.coininsider.com/survey-8-percent-of-americans-want-to-buy-cryptocurrency/
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I forgot to mention, mining is often not profitable in the short term, but if one of these coins becomes worth $10,000 USD or $20,000 USD - you will end up looking back saying "Why didn't I mine when I could" even if it costs you. But always the choice and risk is yours to make. If you have attempted it, at least you understand the concept of it and I think thats whats truly important.
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If it costs you more (energy) to mine, you can also buy the coins with the amount you would have spend on energy bills
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thats definitely true, but depending where you live, for example in the US, that can be seen as a taxable property vs mining a taxable income. There are still many factors to weigh in.
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