Help: Is it worth mining?


#1

Hello.

I recently moved to a new appartment and I don’t have to pay the electric bills. So i was thinking about a “small” miner where i could score some extra coins with.

I was looking at the antminer L3 for some litecoins, they cost around €200.

So question: Is it still worth it to mine? Maybe invest a little more to get a little more coins out of it? or move to a totally different coin?

I would like to hear from you guys

Thanks in advance
Colin


#2

Many say that now is better to trade or hodl funds, mining is becoming unprofitable because of bearish market, even if you get a profit it is too small


#3

If you see the mining as a long-term perspective, why not to try? yeah, the market is bearish but it won’t bearish forever, right?


#4

But now you will spend more money on electricity and not make a profit. It becomes profitable only with the bull market