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Explore expert Q&As on crypto mining difficulty. Get insights, tips, and solutions for efficient mining in our comprehensive message list.
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Is crypto mining still profitable in 2024?
Honestly, it’s not just about the setup anymore. You’ve got to consider electricity costs, the current market value of cryptocurrencies, and the specific coin’s mining difficulty. For most, it’s not the gold rush it used to be. You might end up spending more on your electriciRead more
Honestly, it’s not just about the setup anymore. You’ve got to consider electricity costs, the current market value of cryptocurrencies, and the specific coin’s mining difficulty. For most, it’s not the gold rush it used to be. You might end up spending more on your electricity bill than you’d earn from mining. However, if you’re doing it as a hobby or for learning, then sure, go for it. Just don’t expect substantial profits.
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