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.
I don't think there's no profit in digging up bitcoins now, but I think the big miners have chosen to keep it, and they don't want to sell it right away. But it requires a lot of money, and I think most people are not fit to tap into bitcoin, and buying bitcoin directly as an investment is a better option for most people.
Well that is why I think GPU mining is better than ASIC mining... One it is more profitable and two your equipment maintains value even 2 years after assembly as long as you went top end. Its as safe as you can get in crypto.