Post
Topic
Board Bitcoin Discussion
Re: Is it better to mine or buy Bitcoin?
by
ice098
on 27/03/2018, 10:06:51 UTC
I suggest you to buy some bitcoin instead of mining some. mining hardware can cost you hefty added with power consumption. even if you buy special ASIC hardware for Bitcoin mining it will not turn quite profitable at smaller scale. you will need larger farms to mine bitcoins with top tier mining hardware and other set ups. of course, it is gonna cost you enormously. well go ahead and create your own mining farm if you have millions. buying fraction of the coin will be most appropriate as per current BTC price.
I think its better to buy bitcoin when the value is decreasing or have dumping in the market than do mining because its not easy to do it, also mining need to work 24 hour in the front of your computer, then when you do it your power consumption surely is very higher because of 24 hours open of your computer. Also its better to buy than to do mining, because buying you can have bitcoin immediately while mining need to work 24 hours before you can get but sometimes not.