Is mining bitcoin worth it reddit

Power Plant In New York Mines $50,000 Worth Of BTC Daily ... Mar 05, 2020 · According to local news outlets, a power plant in New York’s Finger Lakes region set up its own Bitcoin mining operation that can generate up to $50,000 worth of BTC on a daily basis. Atlas Holding LLC, a private-equity firm, manages the operation with over 7,000 crypto mining machines that can mine up to 5.5 Bitcoins daily.

Is it worth it to mine Bitcoin? - Quora May 15, 2016 · The bitcoin network hashrate is currently at an all-time high of 1,363,583,166,000,000,000 mining guesses per second. If people didn’t think it was worth it, then they wouldn’t be doing it. This doesn’t mean mining bitcoin is necessarily financial How Much Will the Last Mined Bitcoin Be Worth? John McAfee ... Aug 07, 2018 · A Reddit discussion has some interesting responses to McAfee’s musings. For example, one user stated that the last bitcoin will never be mined because the reward for mining bitcoin by then will

12 Mar 2020 A popular narrative within the cryptocurrency space is as follows: “The halving of mining rewards has the effect of reducing sell pressure from 

Can You Really Make Money Mining Bitcoin With Your Gaming PC? Mar 11, 2018 · People mining cryptocurrency have driven up the price of GPUs. So, if you’re a gamer and you already have a powerful GPU in your gaming PC, can you really make some extra cash mining cryptocurrency (like Bitcoin) with your PC? We’re not talking about setting up a dedicated mining rig or getting too technical here. Is Bitcoin Mining Worth It?!? - December 2017 - YouTube Dec 08, 2017 · Mining Bitcoins requires more specialized hardware than buying Altcoins. Fortunately, Antminer's are here for our rescue. But is mining Bitcoin still profitable in 2017? How much does it … linux - Is CPU mining even worth it? - Bitcoin Stack Exchange

Is Bitcoin Mining Worth It? [Answer Revealed]

How do you mine Bitcoin – and is it still worth it? Mar 18, 2016 · How do you mine Bitcoin – and is it still worth it? bitcoin mining is probably not for the little guy any more, if it ever truly was. How do you mine Bitcoin – and is it still worth it

Buying and running mining hardware helps the Bitcoin network. And you will most likely turn a profit eventually (probably in less than 12 months for the newer models). If you are purely after profit then just buy Bitcoin. If you want to help the network become decentralized you can buy Bitcoin and buy mining hardware OR run a full node.

Is Bitcoin Mining Still Worth It? : BitcoinMining - reddit

Is it worth it to mine Bitcoin? - Quora

May 15, 2016 · The bitcoin network hashrate is currently at an all-time high of 1,363,583,166,000,000,000 mining guesses per second. If people didn’t think it was worth it, then they wouldn’t be doing it. This doesn’t mean mining bitcoin is necessarily financial How Much Will the Last Mined Bitcoin Be Worth? John McAfee ... Aug 07, 2018 · A Reddit discussion has some interesting responses to McAfee’s musings. For example, one user stated that the last bitcoin will never be mined because the reward for mining bitcoin by then will Bitcoin Mining, Explained - Investopedia Nov 06, 2019 · Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through … Is it worth it to mine litecoin? - Quora

Dec 07, 2017 · Hackers may have gotten away with $60 million worth of bitcoin after a cyber attack hit the cryptocurrency mining platform NiceHash. Users highlighted the cyber breach on Reddit …