Minimum investment need to make mining profitable?

djsobuj

djsobuj

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With how much minimum investment need to make mining profitable? BTC? ETH? which crypto will be more profitable to mining?
 
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djsobuj said:
With how much minimum investment need to make mining profitable? BTC? ETH? which crypto will be more profitable to mining?
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ETH is no longer mineable. It transitioned to PoS (Proof of Stake). Many other coins are doing the same. Do not focus on mining, it's an old solution.

You asking about mining ETH shows how much research was made. Clearly you didn't even google this question

If you are serious, start here: https://whattomine.com/coins
 
At one time I accessed Bitcoin on 3 machines. Now I think you need about 10. But the main thing is not what you will mine or what equipment. The main thing is the price of electricity
 
djsobuj said:
With how much minimum investment need to make mining profitable? BTC? ETH? which crypto will be more profitable to mining?
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Pretty much depends on your location, if your electricity costs are low you’ll be making profits pretty fast.
 
The question show that you don't know anything about mining
depends on how much you invested in the hardware and the electricity cost
I started mining in 2017 quit in 2020
 
Cryptomok said:
currently, Ethereum (ETH) mining tends to be more profitable compared to Bitcoin (BTC) due to its GPU-friendly algorithm.
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Just shut up dude. You can't mine ETH. Stop saying stupid shit
 
Last edited:
djsobuj said:
With how much minimum investment need to make mining profitable? BTC? ETH? which crypto will be more profitable to mining?
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It will be thousands of dollars but there will be ruining costs like electricity and maintenance. If you are doing for first time, chances for loss are also there.
 
it depends on what capacity you plan to make a crypto farm. in 2024, there will be a halving and bitcoin will become really difficult to get. It is also very difficult to get etc. it is also worth taking a closer look at altcoins like monero
 
Salamouna said:
The question show that you don't know anything about mining
depends on how much you invested in the hardware and the electricity cost
I started mining in 2017 quit in 2020
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Why you quit? Not profitable now?
 
djsobuj said:
Why you quit? Not profitable now?
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I moved and don't have space for the equipment in my new place
also spent lots of money on electrecity
but when I check now I see that I was making good money daily by looking at today prices
 
Depends on where you’re located, electricity prices anywhere in the western world makes it pretty much impossible to profit from mining BTC if you’re a small scale operation (unless you’ve got a huge amount of solar panels).
 
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