Bitcoin Mining in May 2021 – Is it Still Profitable?



Hello, friends! In this video, letโ€™s talk about bitcoin mining in May 2021, and if bitcoin mining right now is still profitable or not! With bitcoin prices adjusting over the past few months, is mining bitcoin with either ASIC bitcoin miners or GPUs (video cards) still worth the money, or is it too expensive to be worthwhile? Letโ€™s take a look! All electricity costs are at 10 cents per KWH, and prices for bitcoin and bitcoin mining hardware will change over time! Numbers in this video will become less accurate as time goes on.

#BTC #MiningBitcoin2021 #bitcoinmining

This video reflects my opinion only; numbers and data are approximate and may become inaccurate as time passes.This video may not be objectively accurate. Itโ€™s just my opinion.
Images used are for educational purposes only. Videos provide host(s) commentary on developing technology and science. This information may change at any time. I am not an investing professional or advisor. Always consult a wealth management professional before investing. Nothing in this video is advice of any kind, and should not be misconstrued as such.

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25 thoughts on “Bitcoin Mining in May 2021 – Is it Still Profitable?

  • August 19, 2022 at 5:17 pm
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  • August 19, 2022 at 5:17 pm
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    Anyone else wished they had the balls to take up a few fat loans or get some sort of sponsors and just set up a mining factory with solar panels or wind mills

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  • August 19, 2022 at 5:17 pm
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    how can you beat the big pools in todays marked, is it pure down to luck? is the rewards stabel during the duration of a year?

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