Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
Mining at the moment is not profitable..... some new hardware coming like
https://www.baikalminer.com/product09.phpbut right now since BTC is going down and taking everything down with it.,,, it is best to stay on sideline and buy dips only and sell for small small profit... not day trading but weekly trading....
Well you are right but I think it is hard to carry mining than buying as if you want to buy bitcoin then you will have to spend capital on bitcoin only, but if you are going with mining it will be hard as you will have to buy both the mining equipment's and the bitcoin too, so it is expansive and also it consume a lot of electricity too, so the best option is to buy bitcoin and hold your bitcoin for the long, so it is the best chance to buy bitcoin at the time of low price, because there are 100% chances for the price to increase.