Is Crypto Mining still profitable in 2023?

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Is Crypto Mining still profitable in 2023?

Started by JOE, May 25, 2023, 03:04:07 AM

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JOE

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Is Crypto Mining still profitable in 2023?

May 25, 2023, 03:04:07 AM

...anyone ever done it?

https://buybitcoinworldwide.com/mining/profitability/">https://buybitcoinworldwide.com/mining/profitability/

Or made a profit 'mining' crypto?

If so, what were you experiences like?

Would you do it again, and what advice/wisdeom would you impart?

I was kinda interested in trying it out, seeing with a small investment if I could make it work.

Any tips?

Frood

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Re: Is Crypto Mining still profitable in 2023?

May 25, 2023, 03:49:58 AM

I bought into a virtual crypto mining online collective in 2015. They dealt with BTC and BCH. I doubled my profits until 2018 when I got out real quick.

It was share based on your monetary input and the servers they had up and running. This was before the big crackdowns.

I wouldn't repeat it again in this day and age.

I suggest you don't entertain notions of getting rich quick or anonymously with crypto. Those of us who bought and held are waiting for everything to collapse.

Blahhhhhh...