Now that bitcoins are worth a decent amount, mining is easier to be profitable, right? When bitcoins were worth less than $1,000, there's no way to be profitable with a simple home computer because the electricity would cost more. Since bitcoins have risen in price by 10x and electricity price hasn't changed, it's easier to be profitable, right?
I'm not asking whether it's smart to start mining vs investing or whether or not I should start mining with a home pc, just want to make sure I'm understanding the concept right.
Submitted December 01, 2017 at 10:38AM by kNyne http://bit.ly/2AooxH0
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