Will crypto mining be profitable in 2021?

Dogecoin is one of the high return coins to mine in 2021 , having returned 59033% on investment as of the end of October 2021, beating Bitcoin and Ethereum. You get rewarded 10,000 Dogecoins from a single block mined in a minute, and each coin is worth $0.301 in October 2021 up from $0.0056 in January.2 gün önce

One Dogecoin is worth about 0.05 US Dollars. If you choose to mine Dogecoin solo, it will be difficult to make a profit . You will probably spend more money on electricity and hardware than you will make from Dogecoin mining. Even if you choose a Dogecoin pool or a cloud pool your profits will be small.

The short answer is no. The long answer is that it can depend . Miners receive 6.25 Bitcoins as a reward for every block mined.