Post
Topic
Board Economics
Re: Best way for steady income
by
BitcoinPanther
on 05/06/2017, 20:19:28 UTC
the current mining is very much popular and I think mining become a stable income. Moreover, the current mining using GPU with prices that are not too expensive can benefit high
 
Since the price is high currently it would be good to venture in mining, it would be more profitable if the electricity cost in your country is cheap.
I also think of venturing in this kind of business but I need to save first to start with a good mining rig, it's expensive but profitable.
Yes nowadays the mining is very beneficial because bitcoin is more worthy now and will be more increase in price in the future even the mining fees is also high. If any person have the problem of high priced electricity then they have to get the solar energy electricity for to start the mining.

Having a solar energy is very expensive.  This will almost quadrouple your expenses plus the maintenance.  I think mining is only profitable if you have a low cost to free supply of electricity.  I still believe that having a job is the best way for steady income.  Mining does not guarantee it since you have to compete for the block reward.