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Is Bitcoin Mining Profitable RIGHT NOW In Early 2020?

Is Bitcoin Mining Profitable RIGHT NOW In Early 2020?



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6 thoughts on “Is Bitcoin Mining Profitable RIGHT NOW In Early 2020?

  1. Bitcoin and Litecoin reward halving ‘supply shock’ coming down the track….⛷…☃️

    Last ‘round of halvings’ signaled the beginnings of the 2015 – 2017 price surge!

  2. Those are bad rates and the worst equipment for mining. I average around$1 per day using 3 graphics cards. When the halving happens or if it cost too much to mine Bitcoin those antminers becomes paper weights. By using graphics cards though you can switch to mine other coins and still make profits. Plus another benefit is when the graphics cards gets old you can build a gaming computer and still sell it for good money.

  3. My math says btc needs to be selling around $20k for there to be a profit when paying for electric at $.12kw using an s9. Thing is they are mad cheap atm on eBay. S17 is a lil more cost in electric and unit cost. Plan was to throw it in a fish tank with dielectric fluid to keep it cool amd quite. Thoughts?

  4. Bitcoin’s price has been ranging between 7,4OOusd and &7,6OOusd in the last few days, but yesterday it marked a slow descent to the current level of 7,2OOusd on Bitstamp. Taking a look at the technical aspects, Bitcoin could be retesting the next significant support level at 7,OOO. If it breaks below, then 6,5OOusd and 5,5OOusd are following as the latter is also the 6-month low. If Bitcoin is to reverse upwards, the 7,4OOusd level is now the first resistance, followed by 7,7OOusd, but for now no bull or reverse till the halving happening in May 2O2O , you can only make profit by trading, for me i advice you multiply the little you have with Kentrell's strategy, i was able to make 7bt with I.5bt in 3 weeks with the same strategy, reach him on telegram kentrellroger orWhatsApp+1(2I3)34O-562O–__

  5. Mining? No.
    Trading? Yes.
    Although BTC had long found noteworthy support around the lower $7,200 region, its inability to garner any upwards momentum during its time in this region was a bearish sign that elucidated that bulls were incurring were losing their strength.In the near-term, it is important to note that Bitcoin is highly likely to incur further bearishness as it faces weak technical strength.I am not worried. If bitcoin goes lower I'll buy more. Anyways i am sure that bitcoin will rise, for now all we need to do is invest what weíre Hodling and make more profit, So we dont feel the lost in fall of price when it happens again, i stumbled upon a comment of someone who helped in increasing of Portfolio of a lady from having *4BTC to 15BTC in two months, i So i contacted him even though I was skeptical, Behold I have made 6 Btc in 1 months with his working strategies, if you have lost so much during fall or want to increase your portfolio like me, Reach him on *Email WALTERTRADING10@yahoo. COM or via telegram: +1 (323) 776-6410 and thank me later

  6. WRN

    Mining? No.
    Trading? Yes.

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