Post
Topic
Board Bitcoin Discussion
Re: Buying BTC vs Mining it
by
MiaAche
on 21/04/2022, 12:56:19 UTC
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 actually depends on what your end goal is. For instance if you just want to accumulate BTC then just buy it directly.
On the other hand if you want to support the Bitcoin network then you could go ahead with mining considering all the hassle you will have to go through.
If you want to keep accumulating bitcoin then you will have to do a research on how much BTC you are gonna make per year as per the specification of your mining equipment in conjunction with the electricity being provided at your place.
At the end, it all depends on what your priorities are.

Everyone prioritites here is how to get more profit) So at all in this forum i cant get a lot of info abt it. I just started and tryn' find more helpful info abt mining.

PS if someone can help me, pls write me back in dm