[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 94 KB, 807x662, 1495439111860.jpg [View same] [iqdb] [saucenao] [google]
2275150 No.2275150 [Reply] [Original]

Has anyone used btc mining websites like hashing24? What is your opinion on it? Is it worth it?

>> No.2275197

Bitcoin mining has been dead and unprofitable for years, unless you get free electricity

>> No.2275206

>>2275197
Assuming I did have free electricity, how long would it take for mining to give me any gains?

>> No.2275245

>>2275206
Somewhere in the 12-20 month range.

In that time we'll probably be in a bear market and you'd be best off holding, which will make mining a ton more stressful. As soon as any coin moves away from CPU/GPU, it's really just better to buy and hodl

t. former miner

>> No.2275355

>>2275245
Since I'm new at this, what made mining more profitable back then that isn't true today?