Does is it worth mining?

[72]

Was thinking about getting into bitcoin. I think I understand how it work, but was wondring- is it worth mining bitcoins? or will the cost of mining too high?

[221]

easy answer: no

[8]

No it's not worth it if you don't have the dedicated hardware.

[72]

Thanks for the replies.
Any specific reason why it isn't? I mean, what kind of hardware makes it cost effective?

[8]

There is plenty of reasons to why bitcoin mining isn't worth it nowadays and plenty of different hardware configurations which make a significant difference because of the different computing speeds, also electricity costs relevant to where you live take effect in the process.
If you want to know more about it just look it up  IQ 100 plays bro
There's different calculators online which you can use and calculate the costs relevant to your specs and see if its really worth it for yourself but it 100% isn't if you don't have dedicated hardware for bitcoin mining.

[18]

Not really. The hardware it's expensive

[88]

If you're still thinking about it, you can better invest in cloud mining as you won't have to buy the hardware, tools, or even pay for electricity nether maintenance. Also, it is better to invest in mining new currencies since it can give you a better rate.