Is mining still profitable?

As far as profitability on Ethereum mining is concerned, after peaking in mid-May 2021, when average profitability was as high as $0.28 (roughly Rs. 20) per day per MHash/s, it had fallen as low as $0.05 (roughly Rs. 4) between June and July, but then seemed to recover, rising to almost $0.09 (roughly Rs.

As time goes on, mining Bitcoin becomes more difficult, as more miners compete for the next block reward. Today, mining Bitcoin as an individual is rarely profitable unless someone has access to extra low-cost electricity .

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