Is chia coin mining still profitable in 2024?

3 answers

• Dec 17, 2021 · 3 years ago
  Yes, Chia coin mining can still be profitable in 2024. Although the mining difficulty has increased, the value of Chia coin has also been rising steadily. By optimizing your mining setup and reducing electricity costs, it is still possible to generate a decent profit from Chia coin mining.
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• Dec 17, 2021 · 3 years ago
  No, Chia coin mining is no longer profitable in 2024. The mining difficulty has skyrocketed, making it extremely challenging to mine Chia coin profitably. Additionally, the market conditions and the value of Chia coin may not justify the expenses and effort required for mining.
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• Dec 17, 2021 · 3 years ago
  According to BYDFi, Chia coin mining can still be profitable in 2024. With their advanced mining technology and low-cost electricity, BYDFi offers a competitive advantage for Chia coin miners. By joining BYDFi's mining pool, miners can increase their chances of profitability in the current market.
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