💰 Can You Still Make Money Mining Bitcoin or Kaspa?
With the rise of Bitcoin and the emergence of Kaspa, many wonder if cryptocurrency mining is still worth it in 2025. The answer isn’t as simple as « yes » or « no. » Profitability depends on several key factors: electricity costs, mining equipment, difficulty levels, and crypto market conditions.
This guide breaks down what you really need to know before jumping into crypto mining—especially for Bitcoin and Kaspa.
⚡ Step 1: Understand Electricity Costs — The #1 Factor
Your electricity price per kilowatt-hour (kWh) will make or break your mining profitability. Why? Because once you’ve bought your mining hardware, electricity is your only recurring expense.
- 🔌 Break-even threshold: If you’re paying above $0.12 per kWh, it’s going to be tough.
- 💸 Ideal range: Miners paying between $0.02 and $0.07 per kWh have the highest profit margins.
- ❌ France example: At $0.24/kWh (typical in France), you’ll likely lose money mining Bitcoin.
Pro Tip: If you’re not profitable today, don’t rely on Bitcoin going up. It’s more effective to just use that money to buy Bitcoin directly.
🚫 Common Mining Myths — Debunked
❌ « I’ll mine at a loss and sell later when BTC doubles »
Nope. You’d make more by buying Bitcoin now with your electricity budget instead of wasting energy mining at a loss.
❌ « My electricity is free (student housing, flat rate) »
This might work for a few days—until your landlord sees a $1,000 power bill. Don’t risk breaching your rental contract.
❌ « I’ll just use my gaming PC »
Not for Bitcoin. Today’s mining is dominated by ASIC miners (like Bitmain’s Antminer S21). Regular GPUs or CPUs can’t compete and will just waste power.
⚙️ Choosing the Right Mining Hardware
The best miner isn’t always the cheapest—efficiency matters more.
For Bitcoin, top performers include:
- Bitmain Antminer S21 XP: High performance, excellent efficiency
- Antminer S19k Pro: Lower cost, slightly less efficient
Key metrics:
- Hashrate (TH/s): Computational power
- Power usage (W): How much electricity it consumes
- Profitability calculators: Use online tools to compare ROI based on your power cost.
At $0.12/kWh, the S21 XP could generate up to $9,000 in net profit per year.
🔁 Mining Variables You Can’t Control
📉 Bitcoin Halving
Every ~4 years, block rewards are cut in half. That means fewer BTC for the same amount of work.
📈 Mining Difficulty
As more miners join the network, your share of the rewards drops—even with the same hardware.
Example: From 2023 to 2024, Bitcoin’s mining difficulty doubled, cutting profits for many miners in half.
🌬️ Don’t Forget Setup and Delivery Delays
- Cooling, noise, and space are critical—these machines are loud and hot.
- Shipping delays can kill ROI. If it takes 3 months to receive your machine, market conditions may change and reduce profitability.
🚀 Kaspa: The Newcomer Worth Watching?
Kaspa (KAS) is gaining massive attention in the mining world. It’s currently the 25th largest cryptocurrency by market cap, and unlike most top coins today, it’s still mineable via GPU or ASIC.
- 🧠 Based on a different algorithm than Bitcoin
- 🔥 More profitable (for now), but riskier
- 📉 High volatility: Big upside, but also big downside
Caution: Just because Kaspa is more profitable today doesn’t mean it’s a better long-term bet. Risk scales with potential return.
🧠 Final Thoughts: Is Crypto Mining Right for You?
Mining isn’t dead—but it’s not for everyone. Here’s a checklist to help you decide:
✅ You have cheap electricity (under $0.07/kWh)
✅ You can invest in efficient mining hardware
✅ You understand the risks and volatility of the crypto market
✅ You have a plan for cooling, noise, and delivery logistics
If yes, then mining Bitcoin or Kaspa might still be a smart move. If not, it’s probably safer (and more profitable) to invest directly in crypto.
