RE: Prices are down, but is BTC mining still profitable? Depends.

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Prices are down, but is BTC mining still profitable? Depends.

in bitcoin •  6 years ago 

I'm in VietNam and it's not profitable here. People are selling their mining machine to recover loss.

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That's understandable. Vietnamese energy costs are between $0.07 - $0.08 kWh. Anything except for optimal operations would lead to losses; these costs are 100% higher than those in Norway.

@tienquyendahn just for now my friend once the dollar starts going down that will change!

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