Post
Topic
Board Bitcoin Discussion
Re: Buying BTC vs Mining it
by
oudomopo
on 29/03/2022, 16:25:11 UTC
I cannot decide on this topic because, Mining bitcoin gives you more bitcoin instead of buying it. It would take 10 minutes to mine a $48,000 cryptocurrency coin. That means that you would need a warehouse with a lot of graphics cards and so on. I would just buy bitcoin since it is the easiest way without buying a lot of computer parts that is the size of a large warehouse. I use robinhood to store all of my bitcoin on One device. I use my MacBook to write this on the bitcoin forum so it is easy without using a phone. So I am undecided on this one and they are really good options. If I would switch to become a bitcoin miner, it would take me months or a year just to mine at least 1 bitcoin because I am cheap and could not afford to buy a Bitcoin mining software and a lot of Graphics cards.