Is it still profitable to mine Bitcoin Gold with CPU?

3 answers

• Dec 28, 2021 · 3 years ago
  Yes, it is still possible to mine Bitcoin Gold with a CPU. While mining with ASICs may be more profitable, CPU mining can still generate a decent profit if you have low electricity costs and a powerful CPU. However, keep in mind that the mining difficulty for Bitcoin Gold has increased over time, so the profitability may vary.
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• Dec 28, 2021 · 3 years ago
  No, it is no longer profitable to mine Bitcoin Gold with a CPU. The mining difficulty has increased significantly, making it more difficult for CPUs to compete with ASICs. It's recommended to invest in specialized mining hardware if you want to mine Bitcoin Gold profitably.
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• Dec 28, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, mining Bitcoin Gold with a CPU is still profitable for some miners. However, it's important to consider factors such as electricity costs, mining difficulty, and the price of Bitcoin Gold. It's recommended to do a cost-benefit analysis before deciding to mine Bitcoin Gold with a CPU.
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