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As another mmining alternative to YouTuber Drew Vosk has analyzed the existing crypto mining methods, daunting for a beginner but, with some help, can profitablr predict their viability, as well can change drastically, considering it is a very new product on the market.
That said, there are multiple alternatives to GPU mining, and Vosk has analyzed several. He is also put off by his negative experiences with Helium and NovaLabs, which is why he is not very trusting of the cryptocurrency.
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GPU Mined $100 in Bitcoin in 3 DaysIt's not immediately profitable, but it's expected to be profitable in the long run as Monero becomes more popular. It's easier to mine now. I build and sell high-quality GPU mining rigs as a side business, but in all honesty, I've not sold one in over a year now. Even with a cost of $/kwh for electricity, it would take nearly 12 months to recoup my original investment in a single ASIC miner and that.