Bitcoin, being the most popular cryptocurrency, is probably the crypto most newbies look into mining. However, they soon find out that it is not a good idea – Bitcoin mining simply isn’t that profitable in 2022. There are several reasons why this is the case. Firstly, as we have already mentioned, Bitcoin is the most popular cryptocurrency – meaning it is in quite high demand, to say the least. Therefore, there are a lot of people mining Bitcoin, and even if collective profit stays the same, the individual one still goes down. Bitcoin's price is constantly going up, but its block mining reward is going down. Secondly, with Bitcoin nearing its total supply, each block requires more and more computing power to be mined, so the mining and electricity costs go up. As a result, it is now hard for Bitcoin miners to make a profit, making Bitcoin mining not as worthwhile as it used to be.