Post
Topic
Board Altcoin Discussion
Re: Are you staking or mining, or both?
by
illnino
on 14/09/2019, 18:03:17 UTC
I would have preferred to mine or do both but mining is more involving and entails a lot so I rather stake with the little that i have on me considering the high capital that an individual needs to input in other to yield higher retuns as far as mining is involved

Mining can be both profitable or not - it depends on the country where you do it. As a result of the study, it turned out that the most expensive mining is in South Korea. Here, one Bitcoin mining will cost you $ 26,000. However, the cheapest mining in Venezuela, where you can get BTC for only $ 531. It is also worth noting that according to the results of the study, in most of the analyzed countries, mining Bitcoin turned out to be inexpedient due to high electricity prices.