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Is it worth to start mining Bitcoin these days?

Actually Bitcoin mining is already a specialized business and not profitable for everyone. Therefore we strongly encourage anyone interested in mining to do his/her own research and make the calculations before investing any money to the operation.

CoinDesk covered everything important regarding this topic in the following article:

It is written for general audience which means they cover other alt-coins as well. Therefore if you are interested in Bitcoin mining only please pay particular attention to following expressions and terms:

  • SHA-256
  • ASICs

Terms which are not important to follow, because they are related to other alt-coins.

  • Scrypt
  • DIY mining rig
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