RE: Is Bitcoin Mining Really Profitable ??

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Is Bitcoin Mining Really Profitable ??

in bitcoin •  8 years ago  (edited)

Hey @rishieramartan, I personally believe that bitcoin is not profitable any more for the average joe. The mining process is very much a race with more and more throwing larger engine into the mix. Plus, in future, once the coins have reached their max and fees are funding miners, it may become even less so. For Cryptastic returns, I'd be looking into alt-coins. Sia is where you want to be!

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Thank you so much for the feedback and upvote ! , i do agree with you. I prefer Litecoin and eth mining. I will also do an analysis about those

Owh and with this contract you can also mine Alt coins like litecoin, dash, dogecoin, Udu. So if you do want to mine those you can try Genesis :)