Is Bitcoin Mining still Profitable/Worth it in 2021?

The short answer is yes. The long answer… it’s complicated.

Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms.

Successfully mining just one Bitcoin block, and holding onto it since 2010 would mean you have R890,000 worth of bitcoin in your wallet in 2020.

If you’re motivated to learn, and you want to get a semi-passive income of bitcoin, then there are a few basics to get your head round, before working out if it’s even possible for you to profit from bitcoin mining.

At Designatek we work with miners who have been around for a decade or more and we will help guide you to make an informed decision.

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