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How profitable is Monero mining ?

  • Thread starter Thread starter Lyrrex
  • Start date Start date
Lyrrex said:
Do you have any prior knowledge of monero and how its mined?
I read a couple of articles online about monero mining.
People claim to mine using this coin using their personal computers.
In my opinion, all cryptocurrency mining can't be profitable in an environment with high electricity charges.
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Depending on the mining equipment and electricity costs, monero mining can be extremely profitable. For instance, if your mining equipment has a hashrate of 42,000.00 H/s and your electricity bills are reasonable, you could profit by as much as $0.9 every day.
 
Monero is believed to be one of the easiest coins to mine. IT is so easy that you can mine on your normal PC and even on your smartphone. Since mining is easy, you can mine by using less resources, thus, morero can be considered a profitable coin for mining.
 
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