Is bitcoin mining profitable?

[kangug24]

As i have read about mining in cryptocurrency, it is necessary to have many pc computers to mine, and it is necessary that the temperature of the place would be cool place like some other countries that snow takes place. How is this possible?

[densuj]

The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church in Irkutsk must pay higher electricity rates for installing and running mining hardware on its premises. ‘Grace’, the religious organization of the local evangelical community, has been taking advantage of lower prices offered to private consumers to mint digital coins. However, the region’s utility company says it should pay more because of the excessive energy consumption.   https://news.bitcoin.com/church-mining-cryptocurrency-told-to-pay-higher-electricity-rates/