Is coin mining still profitable?

Answer: Monero is the easiest cryptocurrency to mine now because it can be mined via browser extensions and free software over websites. It is even mined via crypto jacking. The mining code can also easily be incorporated into apps and websites to facilitate mining.4 gün önce

Bitcoin mining can still make sense and be profitable for some individuals . Equipment is more easily obtained, although competitive ASICs cost anywhere from a few hundred dollars up to about $10,000. In an effort to stay competitive, some machines have adapted.

For those looking to mine new altcoins, you should know that it’s significantly easier than mining Bitcoin . This is because the current network hash rate for mining Bitcoin is exceedingly higher than many altcoins. With a lower network hash rate, the mining process tends to be quicker.