Yes, many individuals and companies profit from operating more than 1,000 cryptocurrency mining machines. However, profitability depends mainly on electricity costs and operational efficiency, not just the number of machines.
Some people have made profits from cryptocurrency mining using thousands of servers, but profitability today depends heavily on operating costs and hardware performance. As mining difficulty continues to increase, this model is generally less profitable than it was in the past.
At current cryptocurrency market prices, mining is generally not very profitable and can even result in significant losses, especially if you have high electricity costs or inefficient mining hardware.
I earned a lot of money mining XMR on AWS free trial servers. Back then, AWS allowed users to create high-CPU servers even with free trial accounts. Those were good days. I miss them.
I don’t think this approach would be profitable nowadays. Renting thousands of servers would be quite expensive, not to mention that some servers may have low mining performance, resulting in poor profitability.
unless you have free power it's not gonna work... server cpus are just too weak for mining anything other than xmr and even then the math doesn't add up
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.