Post
Topic
Board Mining (Altcoins)
Re: MINING Kaspa HODL in BTC?
by
FP91G
on 20/05/2024, 20:47:57 UTC
So my strategy with mining so far is to mine as much Kaspa ASAP and then transfer it into bitcoin and HODL it there. So far so good, but I was wondering if someone thinks otherwise? Let me know in the comments, lets discuss! Roll Eyes
I think this is a bad strategy, because ASICs for the Kaspa coin lose relevance very quickly, and the ASIC may break. With this strategy it is easier to buy bitcoins.
But if there is a place for mining and cheap electricity, then it is better to buy ASICs for Bitcoin with a payback of about a year.