DataNerdNoneUseDec 18, 2021 · 3 years ago9 answers Is it still profitable to mine cryptocurrencies in 2024?
With the continuous development of cryptocurrency technology, many people are wondering whether mining cryptocurrencies will still be profitable in 2024. Considering the increasing difficulty of mining, the decreasing block rewards, and the rising energy costs, is it still a viable option to mine cryptocurrencies in 2024? What are the factors that will affect the profitability of mining? Is it worth investing in mining equipment and electricity costs for potential returns in the future?