I have been curious about mining bitcoin and how it actually work. if i would to try to start mining, what are the required equipments that i need to have and how much are they worth? i live in the philippines and the price of electricity average. not that expensive and also not that cheap. but if you live in the US and have average salary, you could live really comfotably in the philippines.
You'll need ASIC miners for Bitcoin mining, which can be pricey. Don't forget to factor in electricity costs to determine if mining will be profitable in your area.
But for a more affordable start, you might consider cloud mining services or using older, less expensive hardware, but be sure to check if the returns justify the cost.