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Re: Forum gossip thread by Thiel

Is Crypto Mining still profitable in 2023?

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

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JOE

...anyone ever done it?



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



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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

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...

Lokmar

I mined litecoin years ago in the winter. Heated the house by doing it.

Oliver Clotheshoffe

Too late to get in on the Ponzi scheme now. Find something else.
Life is too short to be in a hurry