Cryptocurrency Q&A
Is it still profitable to mine Bitcoin in 2024?
Is it still profitable to mine Bitcoin in 2024?
CosmicDream
Mon Dec 02 2024
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6 answers
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I'm wondering if mining Bitcoin will still be profitable in 2024, considering the evolving landscape of cryptocurrency and the increasing difficulty levels.
6 answers
KpopHarmonySoul
Wed Dec 04 2024
This is contingent upon possessing a reliable and efficient ASIC miner.
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SumoPowerful
Wed Dec 04 2024
Additionally, access to low-cost electricity is essential for maintaining profitability.
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TopazRider
Wed Dec 04 2024
The statistics reveal that Bitcoin miners earn substantial rewards.
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Alessandra
Wed Dec 04 2024
On a daily basis, they make over 30 million from block rewards.
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mia_clark_teacher
Wed Dec 04 2024
Bitcoin mining remains a viable option for generating profits even in the year 2021.
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