How much can a BTC miner make a day?
I'm curious about the potential earnings of a Bitcoin miner. Specifically, I want to know how much a BTC miner can make in a day.
Does a BTC miner really pay?
I've heard conflicting opinions about whether BTC mining is truly profitable. Can you explain the economics behind it and whether miners are actually making money? Do factors like energy costs, hardware investments, and network difficulty impact profitability significantly? And what about market volatility – does it play a role in determining whether a BTC miner is really paying off?
Does BTC miner really pay?
Could you please elaborate on the statement "Does BTC miner really pay?"? I'm curious to understand if BTC mining is indeed profitable. Could you provide some insights into the costs involved in BTC mining, such as hardware expenses, electricity costs, and any other relevant overheads? Additionally, how does the profitability of BTC mining vary based on factors like mining difficulty, market price fluctuations, and competition from other miners? Would it be possible for an individual miner to earn a significant income from BTC mining, or is it primarily profitable for large mining pools and organizations?