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RE: Is mining still profitable?

in LeoFinance5 years ago

I think the biggest problem is the cost of electricity as at one point that worked out more costly than the coin mined. I haven't looked recently but you would need a good sized investment to set up properly. You are so right as LBI is a sure thing and why many of us are continuing to add daily to our stake.

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I think buy and hold is a better way as to buy hardware and start mining in 2021.

Only if you are in Iceland or Siberia.

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Yup that's why the newest btc mining park is build in Siberia!

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Miner loves it cool

I can only agree with you!

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