Can I mine cryptocurrency profitably at home?

elonmusk

Member
This is probably a really dumb question but I recently moved into a new apartment and all my bills are included in the rent, including electricity. Rather than converting a couple of hundred dollars to BTC every month from my wages, I was thinking that maybe I should buy a second hand miner online and mine the BTC instead. I've read that the biggest overhead is the price of electricity so wouldn't this be an easy way to make some extra cash since my electricity bill is paid by my landlord?
 

neet

Member
my guess is that you could make money mining some of the less popular cryptocoins like ethereum, dash and zcash. you can mine these using graphics cards. to make a profit mining bitcoin you need to buy specialised asics and hardware and you probably can't compete with chinese miners who are getting very cheap hydro electric power.
 
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