How much could you make in crypto mining it all for a year?

[Thinker009]

It all depends on your mining capacity,the mining rig you have available with you there would determine the amount of mining you would be able to do for that period you are mining

 

[Immilash]

Well,I am a type of person that don't care about mining coins,because I don't know when the coin will be verified,I usually buy coins.

Mining cryotocurrency is not profitable these days, I just see it as a waste of time because you will spend lot of time without mining a single crypto.

 

[Robust]

Although mining of crypto is too slow, exhausting and time taking but I still believe that if you are good at using more different sites to mining, you will earn well.

 

[Syldan]

The amount for mining crypto for over a year, that not be actually estimated or predicted. this is because their are alot of difficulties that may be face by the miners and it will affect their mining capacity. and also the value of the crypto at the time of mining also, determine the total estimate over a year.

 

[mcjerry]

If I could mine all crypto for a year, do you think I would be rich? Do you think I would earn a lot in return for the full year? Do you think you could estimate how much I'd have? or would that be too tough to predict?

You can be rich, or remain the same, or loss. It depends on the amount of money invested in the mining and the mining tools been purchased.
For as Bitcoin mining. A graphic card can not mine Bitcoin. So if you buy graphic card for Bitcoin mining, it will be a great lost. Unless you get the latest mining tools and you invest lots of money will you be rich mining crypto currency

 

[kayode10]

You are going to expend a lot of resources trying to mine cryptocurrency. You need system of higher specification with constant internet connection in order to mine cryptocurrency successfully on your system.

 

[Justin]

If you have you own mining rig and if you re using your own energy, solar energy for example, I think you can earn a lot of crypto through mining process.

 

[Sotherefore]

Mining of cryptocurrency will depends on the strength of the mining pool, There are some that is capable of making at least one BTC on monthly basis, I am not really sure of this but this is base on prediction for most of the research I have done about this.

 

[Syldan]

There is no specific amount of money, that could be predicted, for mining a crypto over a period of a year. This is because the mining of crypto is associated with so many factors and obstacles which may not enable you to meet up to your demands and the value of the crypto at that time of mining matters alot.

 

[Trexxxy]

I think you have to consider a lot of things, a lot of those things have been said in the comments, I wouldn't want to go over them again. However mining isn't very profitable these days.

 

[Wiserr]

you will definitely be rich. just take a look at Bitcoin, Bitcoin has no value some days back but look at it now it's aiming to reach $100,000 very soon. you can be very rich by investing on cryotocurrencies.

 

[Victorial]

If you are talking about the usual way or traditional method of getting a mining rig and systems, then you can make millions. But the phone mining are a waste of time

 

[Elfinito]

Crypto minig depends on the type of mining that you do and how much you invest into it.
Mining from a poll is less energy consuming but you are paid for the amount that you invest.
You can also mine on cloud, here you have to buy some hashrate which help boost your mining speed
If you have a good hashrate then you can have a lot of profit at the end of the year

 

[Ezekiel]

I don't think one can get rich mining crypto rather it is preferable to trade crypto currency, mining takes longer period and not all the crypto are always profitable at the end of mining

 

[Syldan]

The total amount of money, for mining crypto for over a year, can not be estimated and also predicted. This is because the value of the crypto during it mining process matters alot and also there are various factors which make the mining of crypto not to be very effective.

 

[Bookwormlux]

I do not believe in crypto currencies mining as I have seen a lot of my friends who are trying hard to mine but do not get enough in return. It's a waste of time.

 

[Syldan]

Seriously, mining is very stressful and if I will be ask to give out advice to someone about it, it's not profitable, and the total amount of money to be estimated after mining a crypto over a year, can not be predicted. This is because there are some factors which may affect your mining strength.

 

[Immilash]

Seriously I've never mine cryotocurrency before because I see mining as a waste of time. You will waste much of your time without gaining anything meaningful.

 

[Stnicholaz]

Though I do not have a personal experience with mining crypto, but based on what I have heard from others I do not think mining crypto for a year would make you rich. It consumes alot of power and it is not as profitable as it was during the early stage.

Mining of cryptocurrency to me is just a waste of time and resources. The best ways to make make profit is to buy and sells cryptocurrency. Not everyone have that luxury to spend a lot of money on electricity. It is better to use to invest in cryptocurrency.

 

[eLdavis]

Mining of cryptocurrency to me is just a waste of time and resources. The best ways to make make profit is to buy and sells cryptocurrency. Not everyone have that luxury to spend a lot of money on electricity. It is better to use to invest in cryptocurrency.

You have actually said it all besides the amount you would spend on electricity, what you would mine is very small you would end up spending more than what you earn.