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.
Many people leave to mining just reason in the market volatility. Mining is loss project because it will cost a lot of accessory (Electricity cost is a big deal) but it dose not get any benefit accordingly. Better way to BTC investment i think.
The price of bitcoin is cheaper now so much better if you invest on it rather than mining that consumes electricity. Instead of buying mining hardware, invest directly on bitcoin because even mining company mostly down because of the price falls.
- Indeed, the price of bitcoin right now is quite cheap for the investment because it is coming back after a period of dramatic collapse, its value has yet to recover, it is still very low and this will be a good opportunity for those that want to participate in investing and buying bitcoin but after this storm, I think everyone should limit the amount invested in bitcoin, bitcoin has the red alert, investing too much money will be very dangerous. Buying hardware and mining will never be a wise choice, the amount of bitcoin has come very close to the limit, investing money in this area only wastes money and time