Quote from: Dennicex on April 21, 2019, 04:14:31 PM

Quote from: trashman43 on April 21, 2019, 04:00:05 PM

You can get money from mining but the problem is that mining is not an avenue that can generate you instant cash within a day or two. Due to the current state of the crypto market and the crypto ecosystem, mining is now a long term investment venture. It will take you roughly three to six months to get a decent amount of profit from your initial capital used to setup the mining rigs and system.

I think that now you should not consider mining as a serious income. Now for this industry is very difficult times. Low cost cryptocurrency - make mining profitability low. I hope that in the future the situation will change for the better.

Mining was never a serious income compared to buying the coins outright. Imagine if you bought a shitload of ethereum at $1 or used that money to buy hardware. You would have came out a hell of a lot better just buying the coin straight up.