Quote from: Lanatsa on Today at 08:45:45 PM

Quote from: peterpanda on Today at 08:07:32 PM

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.

You should go for buying Bitcoin because price of Bitcoin isn't so high at this time. It's a great opportunity to buy Bitcoin with lower price. Mining Bitcoin is costly because you have to pay for electric bill and components for mining. Better, buy Bitcoin and wait for some years to get good money.

Simply saying that ROI is really much longer but if you do like to complicate things or do really have in passion on dealing with mining then you could also choose it out but if you dont like the hassle and other factors

to be mind off then you could simply buy a whole bitcoin which you do need to add up a little bit since 43k price as of this writing but if you do like to hassle things up then choose on buying a miner
but you should be considerate on other factors which like on electricity cost and others.

To have at least some more elaboration for this point.

Things Investors Should Know About
Equipment Used for Mining. In the earlier days, CPUs were used for mining all types of cryptocurrencies. ...
Cost of Energy. Miners have to run their equipment almost 24/7. ...
The Market Rate of the Currency. ...
Global Market Condition. ...
The Mining Pool.

Source

If you are not that tech savvy or knowledgeable then better skip out on doing mining.