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.
Mining at 0.10/kilowatt, essentially a dime per kwh will net your -$2 USD, .e.g. you lose two bucks a day when mining on an ANTMINER s-9, trouble is hardly nobody sells electricity that cheap, normal price is 0.15/kwh
Say you were a gold miner, if you can't get 2X of GOLD for expense then you close the mine, funny how the asshole here still with a straight face call it 'mining', when its in fact no longer profitable, and if it were 'mining', it would be 100% shutdown.
Now towards BUYING, that is a fools game, PAYING real money for random numbers was always a MORON-PLAY,
Mining back in the day, was ok, hell last year you could get 50 barrels of oil (value) for 20 barrels of oil expended energy, say a 250% ROI, ok but now IT's GAME OVER as they say,
Lastly, everybody KNOWS that BTC is going back to $1k first, then $400, so why in the hell buy now, when you can wait, and accumulate later, just don't HODL, cuz the long term value is ZERO.