Quote from: bitbunnni on May 05, 2017, 06:36:36 PM

Quote from: batang_bitcoin on May 05, 2017, 02:32:26 PM

Quote from: Karloff on April 28, 2017, 04:58:57 PM

Quote from: batang_bitcoin on April 27, 2017, 08:58:18 AM

Quote from: sobsitesearch on April 27, 2017, 02:09:34 AM

Quote from: batang_bitcoin on April 26, 2017, 10:02:54 PM

Quote from: virasog on April 25, 2017, 04:43:29 PM

So you are comparing mining with trading. Minning need a quite a good investment of hardware and only then you can mine. Bitcoin mining is so difficult and expensive that an ordinary person cannot afford it. On the other hand trading can be done with minimal investment and it can also give you quick and better profits than mining.

Remember that mining now is not profitable and it will just going to give you some big loss, ASIC mining is expensive but if you want to mine, I suggest you to do alt coin mining and just trade the alt coins that you are going to earn. In that way, you are doing both things, mining and trading and there's nothing to lose on it.

Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income.
Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing.

Mining with alt coin seems to be popular right now because those people that used to mine bitcoins shifted to mining of alt coin. It's a dual purpose as the title is saying there's no need to compare, why not try to do both things so that you are going to get a lot of chance of earning bitcoins that can be good and worth it for your effort.

I agree with you, now the extraction of alternative coins is thriving. I'm also going to do it and now I'm thinking about which coin is more profitable to mine. But I know for sure that this is not bitcoin

If you are still looking for profitable alt coins to mine, why not try to mine ETH? The price of it now is very promising and it's increase is realistic. Also it's good to consider Zcash, I have a lot of friends that are mining with it and it is profitable for them. I want to mine but still I don't have my own rig but it's convincing me.

But how profitable is extraction today if we look at the cost of equipment and, accordingly, the cost of the mined? Does it make sense to invest money in equipment in order to extract coins?

It is profitable and you can see a lot of people that are building their own rigs and even their mining farms but they are focus in mining of alt coins. If you are planning to do so, you should do your own research and compute the cost of your investment and as well as expenses. It is making sense to invest for building up your own mining rig for alt coin.