Bojesen HauserDec 19, 2021 · 3 years ago3 answers Is it profitable to mine cryptocurrencies with 1 dollar in China?
I have 1 dollar and I'm wondering if it's worth it to start mining cryptocurrencies in China. Can I make a profit with such a small investment? What are the factors that determine the profitability of mining? Is it possible to mine popular cryptocurrencies like Bitcoin or Ethereum with just 1 dollar? How does the cost of electricity in China affect the profitability of mining? Are there any other costs involved in mining that I should consider? What are the risks associated with mining cryptocurrencies in China?