Cryptocurrency Q&A
Is mining still profitable in 2024?
Is mining still profitable in 2024?
amelia_harrison_architect
Mon Dec 09 2024
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7 answers
1679
I'm wondering if mining, particularly in the year 2024, is still a profitable venture. With the changing landscapes of technology and economy, I'm curious about the current state of mining profitability.
7 answers
Federica
Wed Dec 11 2024
The cost of mining machines ranges between $2,000 and $20,001.
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EmmaWatson
Wed Dec 11 2024
Bitcoin mining remains a lucrative venture in 2021.
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QuasarPulse
Wed Dec 11 2024
Miners are actively extracting approximately $20 million worth of Bitcoin daily.
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SolitudeSerenade
Wed Dec 11 2024
This equates to a staggering $600 million per month in Bitcoin mining revenue.
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Giulia
Wed Dec 11 2024
The profitability of mining is attributed to the high value of Bitcoin in the market.
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