RcoderDec 16, 2021 · 3 years ago5 answers Is it still profitable to start mining cryptocurrencies in 2024?
With the increasing popularity and adoption of cryptocurrencies, many people are wondering if it is still profitable to start mining cryptocurrencies in 2024. Is the mining industry still lucrative, or has it become oversaturated? What are the factors that determine the profitability of mining, and how do they apply to the current market conditions? Are there any specific cryptocurrencies that are more profitable to mine than others? What are the potential risks and challenges that miners may face in 2024? Is it worth the investment of time, money, and resources to start mining cryptocurrencies in the current landscape?