Do blog commenting still works in SEO?

Useless, Most of the blogs use NOFOLLOW tag with the links in comments. It is used to prevent spamming in blog post. NoFollow link doesn't pass link juice so it is useless if your target is link building. Blog commenting may helps you to get only traffic if your link is valuable and meaningful for readers.
 
It does. And a link can weigh a lot if you are able to put a link on an authority or a quality site. I always look to comment on sites that has a really good google ranking, clean, not spammy, regularly updated, and things like that.
 
Blog commenting is a good way to generate large traffic from high profile and high authority websites. Blog comments offers 'no follow' links which are very useful to diversify your link building techniques and also drive traffic to your domain.
 
Blog commenting is still a good option to get relevant traffic. You have to comment on blogs, which are same niche of your blog.You can get some referral traffic. As you will get nofollow links from most of the blogs so it will not improve your search engine ranking.
 
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