Cryptocurrency Q&A
Will crypto mining be profitable in 2024?
Will crypto mining be profitable in 2024?
ethan_carter_engineer
Sun Dec 08 2024
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7 answers
1537
I'm wondering if crypto mining will still be a profitable venture in the year 2024, considering factors like technology advancements, market trends, and the overall crypto landscape.
7 answers
Nicola
Tue Dec 10 2024
This is contingent upon possessing a high-quality ASIC miner.
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SumoPride
Tue Dec 10 2024
ASIC miners are specifically designed for mining Bitcoin and other cryptocurrencies.
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Eleonora
Tue Dec 10 2024
They are far more efficient and powerful than traditional computers.
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QuasarGlider
Tue Dec 10 2024
In addition to a robust ASIC miner, access to cheap electricity is crucial.
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ZenBalanced
Tue Dec 10 2024
Bitcoin mining has the potential to remain profitable in the year 2021.
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