Mining Bitcoin (BTC), both as a large-scale operation and as an amateur effort, is barely profitable. Data on AsicMinerValue reveal the fluctuating profitability of the most popular mining rigs, with only a handful of machines being profitable as of December 11.

Even alternative mining algorithms are barely profitable, mostly due to the current lower prices of digital assets.

The most popular and relatively new rig, the Antminer S9, operates at a small daily loss of $1.80, and even the S15 rig with 28 TH/s is barely breaking even. For other machines and algorithms, the daily gains are under $20.

This article appeared first on Cryptovest

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