Hello guyz, just need opinion of people who have been in the bitcoin mining circle.
Would you advice someone who has access to free electricity to go into mining. About 60%-70% of power supply will be free.
*Also, what are some of the other challenging factor's one must put into considering before going into bitcoin mining.
Thanks for you advice & suggestion
Well, for me its better to mine altcoins rather than bitcoin since bitcoin uses proof of work. I believe that 60-70% of power supply you are mentioning will come from solar and wind energy. Choose an altcoin that uses proof of stake rather than proof of work in mining because it doesn't require that a high specs device to start with, a medium, one is enough. Researches also suggest that proof of stake is cost efficient compared to proof of stake.