Since the number of miners are getting higher proportionate with the increasing difficulty level in solving blocks, can a newbie like me stand a chance in this so called mining industry?
If you are planning to buy the latest mining equipment (the more, the better) and you actually have free electricity (or dirt cheap) then you have a chance to make a decent profit overtime otherwise I'd suggest going with GPU mining for Ether or Zcash as It will cost you less money.