Martino
Sun Jun 09 2024
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6 answers
1517
How profitable is mining with a phone?
Could you please elaborate on the profitability of mining cryptocurrencies using a smartphone? I'm curious to know if it's a viable option for earning some extra income. Could you provide some insights into the potential earnings and the factors that might affect them? Also, are there any specific phones or mining apps that you would recommend for this purpose? I'm interested in understanding the overall feasibility and profitability of phone mining. Thank you for your assistance.
CryptoTitan
Sat Jun 08 2024
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5 answers
752
How profitable is ice block business?
Could you possibly enlighten me on the profitability of the ice block business? I'm curious to know how viable it is as a potential source of income. Are the returns generally satisfactory, or are there significant risks and challenges to consider? I'd appreciate any insights you can offer regarding the initial investment required, market demand, competition in the field, and any other pertinent factors that might impact its profitability. Your expert advice would be greatly valued as I embark on exploring this business opportunity.
ShintoBlessed
Fri Jun 07 2024
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5 answers
1047
Why crypto mining is not profitable?
Why isn't crypto mining profitable? Could it be due to the increasing difficulty in mining as more miners join the network? Or is it the high initial investment required to set up a mining operation that deters potential miners? Perhaps the volatile nature of cryptocurrencies plays a role, making it difficult to predict profits? Additionally, could environmental concerns and the increasing costs of electricity also contribute to the lack of profitability in crypto mining? Could you explain these factors and provide any insights into why crypto mining might not be a lucrative endeavor?
CryptoLegend
Thu Jun 06 2024
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6 answers
1035
How profitable are Shitcoins?
Could you please elaborate on the profitability of Shitcoins? I'm curious to know if investing in them is really worth the risk. Are there any specific Shitcoins that have demonstrated significant returns? Or are they generally volatile and unpredictable? Could you provide some examples of Shitcoins that have performed well in the past? Also, how do Shitcoins differ from more established cryptocurrencies like Bitcoin or Ethereum? And finally, what are the risks involved in investing in Shitcoins? I'd appreciate your insights on this matter.
ChristopherWilson
Thu Jun 06 2024
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6 answers
1505
Why Bitcoin mining is not profitable?
Could you please elaborate on why Bitcoin mining is currently not considered profitable? Could it be due to the high cost of equipment and electricity? Or is it more related to the increasing difficulty in mining as more miners join the network? Additionally, how does the volatile nature of Bitcoin's price affect miners' profitability? I'm curious to know if there are any other factors that contribute to this lack of profitability in Bitcoin mining. Thank you for your insights.
