Post
Topic
Board Mining
Merits 4 from 1 user
Re: Can mining be relied on for financial stability?
by
mikeywith
on 17/08/2022, 03:17:57 UTC
⭐ Merited by hugeblack (4)
As a miner, can you say mining is fairly profitable for you and can be completely relied on to give financial freedom from acquiring bitcoins

NO, the only thing you can rely on would be a solid set of skills or physical effort you put into something that turns into a value which you can use to eat/ feed your family, counting on any form of business is risky, mining is just another form of business that is a lot riskier than most other businesses out there, your revenue could drop by 80% in a few months, the whole farm can go on fire, everything can happen, treat mining is an extra/side income and only risk what you can afford to lose, do not treat it as a business that you will pass onto your kids, it won't happen.