Post
Topic
Board Beginners & Help
Re: Is it true that Bitcoin is dying? Should I invest? Where can and how do I buy?
by
notlist3d
on 17/09/2015, 00:24:35 UTC

Let alone all the hassle and space. I would get my money back in BTC mining eventually, Or I could just buy 35 BTC now and hope it rises.

please correct me if my math is wrong.


Anything could happen in the mining space. New ASICs are on the way and a lot of manufacturers mine only for themselves these days. It's an easy way to burn a lot of money and electricity with no return. I'd be shopping elsewhere myself but only you can decide.

All depends electricity prices it seems now day's.  But the hopes is if you mine you spend X with fiat and get more BTC overtime then you would have gotten more then X btc by buying direct.

It was a almost guaranteed 90 day's ROI for a while.  Now it is much longer and not guaranteed.  But there are reasons miners do mine.   And I would agree some are because of loving the hobby.  You have to really enjoy it to keep going.