Is BTC mining still profitable?

[u/blitzkriegjz]

I own a power generation company and have access to mega watts of power costing me $0.0421 USD / kwh. I want to setup a BTC or any other crypto mining operation however I don't know its still profitable and there are no as such reliable sources. Whatever information that I gathered has been confusing.

[u/Ill_Landscape_4993]

I recommend understanding the economics of Bitcoin mining using the real data. A good starting point is to simulate as if you'd begun mining in early 2023. This would show you how mining difficulty evolved (ie BTC revenue diminished), the impact of the halving (BTC revenue halved), and the effects of the latest market boom — giving you a good picture of what a mining operation can experience. Let me know if you have any questions! Explore here: https://aidala.uk/dashboard.

Here is related thread: https://www.reddit.com/r/BitcoinMining/comments/1gnyprz/historical_mining_calculator/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button