Is Mining Profitable today?

Hey,
Today I will be talking about Crypto Mining. If you don't know what that is, well it is, Computers or Computer Hardware mining for Crypto Coins such as Bitcoin or Ethereum.
I'll be talking about, if it is profitable. Well, it depends, meaning you have to find the right coin to mine depending on your hardware. First, I'll talk about Bitcoin. In one sentence, it is not profitable if you have cheap hardware. There is huge competition for mining Bitcoin, so it is not worth it unless you have high-end hardware. Second, there is Ethereum. This is an easy Crypto Currency to mine if you buy mid-range hardware like an AMD Radeon RX 580. You would need a couple of these for mining Ethereum. Each RX 580 gives around 30 MH/s on the base ROM. If you decide to flash an Ethereum mining rom, which is not recommended since it will void your warranty, it will increase your Hashrate to around 35 MH/s. A RX 580 will cost you around $230, so if you invest in 4, $920. You have to consider all the other computer parts which will cost around $300. At $1220, you will make $1,009 per year according to cryptocompare.com, and it will continue to down as the diffuculty goes up. So, if you have more mid to high end hardware, it will worth it, but it's really not worth joining.

I have talked about the top 2 CryptoCurrencies above and have mentioned that both are not worth investing in, mining wise. There are a ton more Coins and might be profitable but I will not be talking about them here, at least for now.

Thanks,
Randy