I know huge capital is required to meet up huge financial expectations, what's the minimum volume of income one can use to start mining? In a situations where you trade with different strategies and still hits wrong targets, if you apply or use same trading knowledge for mining won't one still loss in mining too? Because I don't have enough money with me, so am trying to cut losses if mining too will not favor me I will decided to venture into mining too again.
Can I start mining with $300 and grow from there?
- 300$? Is this just your introduction to Bitcoin mining? Are you serious about your question? Because nowadays, Bitcoin mining is expensive. From electricity costs to maintenance, this is where your $300 is missing, mate. Even second mining rigs are missing the $300 you are talking about. Maybe before you ask questions here in this forum section, you should do your own research about what you want to get into.
Because Bitcoin mining is actually not a joke when you do it, it's like raising a child in the same family. It's expensive to do that; that's the truth. It's not easy, but it's easy to think about it. That's why it's not easy when it comes to spending.
Same in Latvia. Small miner is pointless, sold all everything since electricity cost jumped almost x2. Anyone who wants to try mining should really do some math.