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12951149 No.12951149 [Reply] [Original]

Is mining still profitable?

>> No.12951156

>>12951149
No, that's why nobody mines crypto anymore.

>> No.12951157

lol no. buying "bitcoin packages" are more profitable now

>> No.12951668

Lmao no fucking way that ship definitely sailed

>> No.12951673

>>12951149
not with AMD at least :(

holding bags of GPU's. feelsbadman (but they did already pay for themselves)

>> No.12951708

>>12951673
ProgPow sucks for AMD gpu's.

whattomine shows that even though the RX 580 gets about the same Ethash hashrate (~30MH/s) as a GTX 1070, but for ProgPow it's a good bit lower than the 1070.

>> No.12951744

>>12951149
No unless you have free electricity or run a mining company.

>> No.12952045

>>12951149
If you have free electricity, why not I guess, but it's not going to make you reach.

>> No.12952382

>>12951149
Been mining rvn for a year since rig paid for. The pump was really nice. Increased my link stack.

>> No.12952484

So it's only really feasible for large entities like governments to mine crypto? How is this a good thing?

>> No.12952505

>>12951149

yes, just depends what you’re mining ;)

>> No.12952528

>>12951157
whats a bitcoin package?

>> No.12953533

>>12951149
no. this is the exact reason why crypto will fail. because if people are not mining, there is no crypto.

>> No.12953615
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12953615

>>12952528

>> No.12953647

>>12953533
>what is proof of stake

>> No.12953848

>>12953647
i don't know honestly

>> No.12953943

>>12952528
Kek don't listen to that fag he's just joking. "Packages" are what scams like Bitconnect and USI Tech were selling.

>> No.12953957
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12953957

>>12953615

>> No.12954081
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12954081

>>12953615
Stop it you're making me go long.

>> No.12954295
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12954295

>>12954081

>> No.12954506

I only mine in the winter, where the "waste heat" isn't wasted because it heats the room to some degree.

It sort of is a waste since running the heatpump is much more efficient at heating but at least it's not like mining and running your AC.

>> No.12954686
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12954686

>>12954295
Break me off a piece of that chocolate bar.