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I haven't been following crypto for a while, but I thought that there weren't really any cryptocurrencies that were profitable to mine anymore. Has something changed, or did I miss something?



That's true only for GPU based mining setups, Ethereum going Proof of Stake destroyed profitability.

The ASIC based setups mining bitcoin are still profitable.


Bitcoin has had a nice boost over the past week, since our useless regulators are on the verge of approving a Blackrock ETF for it.


It’s profitable when the state subsidizes your electricity.


Some people also don't do math well, or fall for sunk cost motivations. For example, they've already spent a bunch of money on equipment. I know someone who justified it to himself by claiming that the heat output in his house during the Winter reduced his heating bill, so the losses weren't as bad.


What was the bottom line or net result in financial terms?


Losing at least a couple hundred dollars a month. Varied based on season.




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