Does Bitcoin mining actually pay?Bitcoin mining is still profitable if you have a capable system, join a mining pool, and can pay off your fixed expenses in a reasonable amount of time. However, any expectations of digital riches should be tampered with reason.
I'm wondering if Bitcoin mining is really profitable. I've heard it can be, but only if you have a good system, join a mining pool, and can cover your costs in a reasonable timeframe. I also understand that I should be realistic about any potential earnings.
What are examples of fixed expenses?
Could you please provide some clear examples of what constitutes fixed expenses? I'm trying to better understand how to categorize my monthly expenses and budget effectively. Are things like rent, car payments, and insurance premiums generally considered as fixed expenses, or are there other types of expenses that also fall into this category?