The reason that I am getting into it is because I saw an article about the price of bitcoin - as I'm sure many newbies did.
I remembered that I had a small amount of bitcoin in a coinbase account that I created about a year and half ago. I logged in and saw that my balance was about 6 times the original amount.
I recently quit my job and am looking for some passive income. This will not be my only income - just supplemental.
The money I'm putting into my rigs is all from two real estate sales profits from earlier this year.
I'm going to build 6 rigs. I'm considering selling 2 or 3 of them to reduce my cash invested and mine various coins and let them just accumulate.
I don't believe it's too late to start. There are over 700 currencies, so there is opportunity.
I do wish I had started back when you did, but circumstance back then wouldn't allow the investment.
Congrats to you on your success.
Im not succesful just have a small farm suplementing my income
all im saying is mining is like maybe 1/3 of the way to make money in this crypto boom
you need to suplement this with trading investing in Icos buying low selling high or just holding some of
the good assets. I make more from Ico,s and trading selling on paxful for 20 percent profit than i make mining
not saying its too late , but mining should be only one of your focuses , the main issue right now
for new miners is the rising price of cards and hardware and flat out dissapearance of Rx cards.
I feel likw even if the scarcity ends (which i doubt for a few months) prices will remain high which benefit large farms
who source in bulk and those who have already roied