THeBlueCashew

General Discussion => The Flea Trap => Topic started by: JOE on May 25, 2023, 03:04:07 AM

Title: Is Crypto Mining still profitable in 2023?
Post by: JOE on May 25, 2023, 03:04:07 AM
...anyone ever done it?



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



https://www.youtube.com/watch?v=e5LmQVj6_wI



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?
Title: Re: Is Crypto Mining still profitable in 2023?
Post by: Frood on 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.
Title: Re: Is Crypto Mining still profitable in 2023?
Post by: Lokmar on May 25, 2023, 09:49:21 AM
I mined litecoin years ago in the winter. Heated the house by doing it.
Title: Re: Is Crypto Mining still profitable in 2023?
Post by: Oliver Clotheshoffe on May 25, 2023, 03:19:54 PM
Too late to get in on the Ponzi scheme now. Find something else.