Is Bitcoin Mining Worth It 2024 Bitcoin Mining. Every 10 minutes, 6.25 new bitcoins are mined, valued at more than $320,000. Mining is also a critical component of the security of the blockchain ledger.
Bitcoin mining is profitable for those with access to cheap electricity and modern hardware. Published to coincide with the 2024 bitcoin halving, this research article aims to update and inform investors about the risks and opportunities facing the bitcoin mining industry.