Home Forums coins Bitcoin Is it too late now to begin with mining?

  • This topic has 6 replies, 6 voices, and was last updated 4 years ago by Anonymous.
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    • #27265
      Anonymous
      Inactive

      Many people ask me if it’s too late to start mining now? What do you think?

    • #27269
      Anonymous
      Inactive

      Yeah, free mining, maybe 5 years too late; mining after investing a few thousand dollars in hardware, it’s still possible.

    • #27474
      Anonymous
      Inactive

      It must not be too late. I’m at sites where I’m being asked about it. This train will probably leave me behind. But since you thought the question was worth asking I will try to read up on and keep up with the current news.

      This article was published in January 2018.

      Cryptocurrency mining is now so big it’s showing up in the earnings of the world’s largest chipmaker

      • #28136
        Anonymous
        Inactive

        Update on my mining experiences.
        I think you need to know what you’re doing and you also need to have the right hardware and software. Mining is not for the faint of heart. I have tried two tools. One is a browser extension and one is a browser site. You mine bitcoins while your browse the Internet They both work but I have to be gentle with my secondhand laptop. I can’t drive it too hard or it will crash!!

    • #27919
      Anonymous
      Inactive

      As per me its not too late to start up mining all that you need to have is a good miner for mining which would give you good performance and stable mh/s .

    • #28195
      Anonymous
      Inactive

      The problem with mining coin on the bitcoin network, is that the more miners it attracts- the mining difficulty increases, and the amount of energy a mining rig takes, increases as well. Make sure you can find some cheap electricity for starts, I would say.

    • #28574
      Anonymous
      Inactive

      If you have income that allows you to invest in mining, why not? Some miners are actively working now and get different coins.

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