tvthecook 1 #1 Posted September 14, 2019 Hey! I'm a new membre of the crypto-currency community! So I don't really know that much but I find it so interesting that I'm reading all the articles/watching all the videos I can since a week or two. So I was wondering, with everything that I've already read, is it worth it to begin mining (Bitcoin or else) now in late 2019? Or are all the mining spots already taken? And how do you really begin to mine, where do you get started etc.. I'm sorry if I sound a bit newbie but it literally is what I am haha! Thanks for your replies guys! Quote Share this post Link to post Share on other sites
nuuuitsjdragon 337 #2 Posted October 5, 2019 The answer to this will most of the time be no. However, it doesn't hurt to find out more about Mining since we are dabbling in the Cryptocurrency sector after all. If I'm not wrong, some Alt-coins (especially the more obscure ones) are still relatively easy to mine. Whether it is worth your time, I'll let you decide on that. Quote Share this post Link to post Share on other sites
niki014 154 #3 Posted October 25, 2019 nah you cant mine enough to even pay the electricity bill the only way to profit from mining is if you invest a lot to mine and it still gonna take months or years to mine enough to be on profit from this invest maybe if you mine some cheap alt coins that you think are gonna go up after time i dunno but mining btc is hell to the naw naw naw Quote Share this post Link to post Share on other sites
rampagez 12 #4 Posted October 25, 2019 it depends on coin that you mined. if you talk about BTC, XMR, ETH. in my opinion not worth time and effort. in order to profit, you need to stack those coin and hope the price will go up. so much better just buy that coin and hold it. but always there is new coin that you can mining. new coin almost give big chance to profit, even in short time. Quote Share this post Link to post Share on other sites
yuchan 2 #5 Posted January 31 For newbie, I suggest to avoid looking for profit from mining. Because for now less profitable, more spending than the profit that can be. It's better to make profit by trading, far more profitable in my opinion. But in trading can't also be instant to make a profit, it still requires a process. Quote Share this post Link to post Share on other sites
Kariuki 57 #6 Posted January 31 No I dont think so, there has been so many ways to which people have been trying to get into mining business, but there has also been a way people have lose because they are getting in too late , so there is nothing too much you get now from mining, the best thing to do right now is to trade and this will help you to get something in form of a percentage, just try trading bitcoin, I think mining now is very difficult because it will actually destroy so many people. Quote Share this post Link to post Share on other sites
JacksonPalmer 54 #7 Posted February 16 Only if you have no power costs at all. and even then you should definitely make sure to have the right equipment and mine the most profitable coins. Quote Share this post Link to post Share on other sites
sahil777 198 #8 Posted February 18 always mine new crypto coins, because their difficulty level are not that much high so you can mine with normal system very easily, for bitcoin you need a big bitcoin mining farm, which isnt affordable now a days, and if you want to use cloud mining site then beware there are almost 80% are scam. Quote Share this post Link to post Share on other sites
