Quote from: Fredomago on Today at 08:24:39 AM

Quote from: Ararbermas on Today at 08:16:30 AM

Quote from: B-Bit on Today at 07:36:18 AM

You may make money, but that will take time, and it also depends on the electricity bills in the current area. If the electricity bills are relatively high, you can get bitcoins through purchases. But I personally think that mining Bitcoin will make money, but you have to spend a lot of time, energy and even money.

it can cost high electricity unless you used a very heavy equipment for your machines to mine. If not probably it will not consume but less profits as well.. Because as far as i know mostly provide very expensive hardwares for it in order to have good profits.. So if want to build mining and wants good returns from it then make sure you can afford to provide those important things in mining.. Its like investment as well to be honest. Wink

It needs a lot of money if your location is not an electricity friendly place. Plan and knows what you are aiming, long term the chance is high for you in gaining benefits from this, but in a short term probably you will lose more than the value of bitcoin that you will going to have when mining is more lesser than the expenses that you will need to pay from the hardware to the daily maintenance.

Best to have a better knowledge calculating everything before you step in this investment plan. Wink

To successfully make money from mining Bitcoin requires really careful planning. Because in my opinion mining Bitcoin is not as easy as trading
or investing, we need to carefully calculate the costs we need to bear to be able to mine Bitcoin. For those new to the crypto world, I don't
recommend mining Bitcoin, there will definitely be big losses. Moreover, the cost of electricity in the country where we will be mining Bitcoin has
a high rate, forget the plan to mine Bitcoin. There are still many ways to make money from cryptocurrency other than mining Bitcoin. If we have
large capital and have experience in the crypto world for a long time, we can try mining Bitcoin.