Can You Still Make Money Mining Cryptocurrency? | Users Debate Profitability in 2025
Edited By
Michael Okafor
As 2025 progresses, a debate is heating up among crypto enthusiasts on various forums about the viability of mining in today’s environment. With many recalling the peak days of Ethereum mining, current miners and potential newcomers are questioning whether they can still rake in profits like before.
Context of the Discussion
A former miner who previously earned significant returns during the Ethereum boom is now pondering a return to the mining scene. Despite selling off their GPUs before Ethereum transitioned to proof of stake, they are feeling nostalgic for the days when their apartment buzzed with the sound of 30 GPUs running. "Can I still make money mining these days?" they asked, setting off a wave of mixed responses from fellow users.
Sentiment on Mining Viability
Insights from users reveal a spectrum of opinions on current mining profitability:
Low Returns: Many shared that their setups are barely breaking even. One user commented, "My 12x3070’s mining Flux are making around 40 cents/day per card."
Questioning Equipment: Others questioned what hardware was still viable, with comments suggesting that even high-end graphics cards like the 4070 series yielded insufficient profits.
Changing Strategies: Some users indicated shifting to AI rentals instead of relying solely on mining for income, reflecting a significant pivot in focus within the community.
"What cards? It feels low," remarked a miner, echoing a sentiment of frustration over dwindling returns.
Key Takeaways
🔻 Many GPUs currently yield very low profits, raising concerns for would-be miners.
✅ Miners are exploring alternative income streams such as AI rentals, shifting focus.
💡 "So with 4000 cards, you would make 700 a day?" sparked discussions about profitability thresholds.
The Future of Mining
As discussions continue, key questions on the minds of miners include:
Are there still profits to be made from crypto mining?
Which coins or methodologies provide the best potential returns?
The evolving landscape of cryptocurrency mining presents both challenges and opportunities. While some may find solace in nostalgic memories, the numbers are what ultimately drive decisions. For many, considerations will need to extend beyond just the excitement of mining; profitability is now the real game.
What's on the Horizon for Crypto Mining?
There's a strong chance that the future of cryptocurrency mining will involve a significant transformation, largely driven by market dynamics and the evolving technologies at play. Experts estimate around 60% of current miners may pivot towards alternative income channels, such as AI rentals or staking, as the profitability of traditional mining continues to dwindle. This transition could be accelerated by further advancements in energy-efficient hardware and shifts in regulatory frameworks, pushing miners to adapt their outdated methods. The increasing emphasis on sustainability in the crypto space might also lead to greater opportunities for those willing to innovate, creating a new foundation for revenue streams within this sector.
A Parable from the Age of VHS
Think back to the VHS rental frenzy of the late '80s and '90s, a time when people were flocking to rental shops with the latest blockbuster titles. Just as quickly as it exploded, that market collapsed with the rise of DVDs and streaming services, surprising many who thought physical rentals would dominate forever. Similarly, today's crypto miners may find that the landscape changes rapidly, as new methods and technologies emerge that eclipse traditional practices. The adaptation of miners to this evolving environment reflects a broader trend; when people cling to nostalgia over innovation, they often miss the pivot points that define the next wave of progress.