Larry Andrews asked 12 months ago

Keeping in mind the equipment in today’s marketplace and any advertised upcoming mining equipment, at today’s BTC value is it possible any more to actually generate a profit mining Bitcoins?

1 Answers
Ofir Beigel answered 12 months ago

Hey Larry,
I actually get asked this quite a lot, that’s why I wrote a dedicated post for this matter.
The short answer – it’s possible but risky and unlikely. You’ll need to invest a few thousand dollars in mining equipment and you’re basically at the mercy of Bitcoin’s price changes and mining difficulty changes.

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