Post
Topic
Board Bitcoin Discussion
Re: Is it better to mine or buy Bitcoin?
by
cryptolerant
on 02/02/2018, 23:23:10 UTC
I assume that if you view mining as a long-term investment, then perhaps this can lead to an increase in the number of coins in the long run, but this is also much more risky. First of all, the miners can break down, and even if you take them somewhere, an accident happens. There is also no way to know how high or low the complexity level of bitcoin mining will reach such numbers, which can dramatically change. If you want an immediate win, I would definitely go with buying bitokoynov instead of their prey.
Buying bitcoins is much easier, cheaper and takes less time. You better buy and keep the BTC.

That is well said. Mining is kind of long term investment. If you don't worry about the expenses like electricity and wifi and also you have money to invest in some hardware that can mine bitcoin properly and efficiently then you are welcome to mining but generally most of my miner friends are just buying at the moment because of Chinese miners.