Quote from: xSkylarx on March 15, 2022, 02:41:04 AM

Quote from: BenjaminGlover on March 07, 2022, 12:17:52 PM

How about this for an improvement: BTC mining vs. BTC possession. Moreover, what is the reason?

In other words, if I had a 40k right now, should I buy a model such as the Antminer L7, for instance? Purchase a single bitcoin, if that is your preference.

It all depends on where you live. First, if you are extremely wealthy, have your own solar farm, or your electricity is free in your country, and the weather is cold, I would recommend mining. However, this scenario is nearly impossible because most of us pay large electric bills, so the best option is to buy bitcoin rather than mine it. in your own country Most of those miners live in cold countries and use renewable energy, or their electricity is inexpensive in their area.

That will really support them, especially if they have the latest mining tools so they can expect to get a good profit. Huge electricity bills are a problem for miners and if their mining tools require a lot of power, they must also have a large power source.

We always recommend buying bitcoins instead of mining bitcoins if our resources are limited. It would be better for us to have bitcoins and besides, we can also expect to get profit from it.

But usually, people will remain curious about bitcoin mining and will still try it with less qualified tools.