Post
Topic
Board Bitcoin Discussion
Re: Is it better to mine or buy Bitcoin?
by
Clark13
on 04/02/2018, 20:47:57 UTC

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.


If you can invest a lot of money, then go to mining since it will be needing a good set of computer system to mine large amount than the usual mining rate. In return, you will surely receive a lot of money through it even though you have alloted money in the electricity, equipments and others. But if you want it instant then go buy bitcoin and wait for a price hike where you can get profit, it is dangerous note that.