Post
Topic
Board Beginners & Help
Re: Where should I invest my BTC
by
Welsh
on 09/06/2013, 20:17:38 UTC
Thanks Will check it out!

Invest in a ASIC

Where could I do this and why ASIC?

You can purchase shares or you can buy a ASIC miner. However, it's a very risky investment.

Would you mind explaining how and why it is such a risky investment?

As more people invest in ASIC, the more difficult it will become to mine. Therefore it will take longer to break even than usual. ASIC was very beneficial to early investors, but now that's what everyone is doing.