Is mining still profitable?

In general, it takes about 10 minutes to mine one bitcoin. However, this assumes an ideal hardware and software setup which few users can afford. A more reasonable estimate for most users who have large setups is 30 days to mine a single bitcoin.

Is mining cryptocurrencies currently profitable? Yes, mining is profitable in early 2022 . Of course, the profit margin depends on the electricity price you are paying. The lower the electricity price, the better the profits.23 Şub 2022

Mining Ethereum made increasingly more money over the course of 2020 and early 2021, with profits effectively doubling within a single month . During the mining of cryptocurrencies, a computer is trying to solve complicated logic puzzles to verify transactions in the blockchain.