Are Bitcoin miners still profitable?

Hey all, hope you guys are doing well in these unprecedented times .

I was just wondering about branching out and forming different streams of passive income & was wondering if BTC miners were still profitable ? Since the last recent halving the difficulty for mining increased so I don’t know if it’s still worth mining BTC?

My argument is that even if it’s just a few dollars a day that I’m in profit I would be fine with that because the small profits add up overtime & I could potentially stumble upon a block reward and get 12.5 BTC? What do you guys think? Is there any harm in mining BTC right now? Is it a waste of time for small miners like me who can’t afford a huge rig? Please let me know & thank you for reading this.

submitted by /u/RuleJust7769
[link] [comments]

from Bitcoin - The Currency of the Internet https://ift.tt/3eFCN0w

No comments

Theme images by Jason Morrow. Powered by Blogger.