Post
Topic
Board Beginners & Help
Re: Newbie - Is it too late to start mining?
by
Khoder
on 30/10/2013, 10:34:00 UTC
buy bitcoin instead of miners. that's your only chance right now Smiley

The funny thin is I agree with this.. When I first started reading about bitcoins a week or so ago. They were at approximately $135 a bitcoin. Today they are at approximately $200. If for example I had purchased 10 Bitcoins for $1350 then I guess I wouldve made a nice profit of $650. And I cant see myself making a profit like that by mining.

On the other hand the hobby side of it looks like fun. But indeed an expensive hobby. Smiley

Also if anyone can help. Is it true you can not mine Litecoins with an Asicminer? Cant find any information that tells me so.