Post
Topic
Board Bitcoin Discussion
Re: Buying BTC vs Mining it
by
Cryptmuster
on 21/04/2022, 09:27:49 UTC

In BenjaminGlover's case, I would listen to your comments. Indeed, mining carries great risks due to the fact that you need special equipment, knowledge and experience in this area. This can be done by experienced people and best of all, on a large scale. Otherwise, I don't think it will be reasonabled. The days when you could mine on your home PC in your garage are long gone. Now, large players dominate in this area and it will be difficult. In my opinion, a simple purchase of BTC for the average user is the simplest and most effective solution, with a very low entry threshold. What can not be said about mining.


Today, buying bitcoin is much easier and this method is available to almost every person who has the desire to do so. With mining, everything is much more complicated, you need funds to buy equipment and pay for electricity. You are also right in saying that mining requires knowledge, an ordinary person cannot just start mining, he needs knowledge and skills to maintain equipment. And you can buy bitcoin every month in small parts, it's simple and understandable for everyone.