Been in bitcoin a few years, never looked at mining. - page 2.

cowandtea

sr. member

Activity: 434

Merit: 250

Quote from: dominicwin on November 22, 2013, 03:33:13 AM

I am starting to get asked this question a lot in real life, are you going to mine? and this is coming from people who just now heard of bitcoin.

I don't really know much about it, and I'm not tech saavy as in coding type of the tech world.

Is it worth it for someone like me to put $15k or what it may be into mining?

Right now? I don't know... the difficulty should be increasing like mad after the rise of Bitcoin price... you can try your luck but its big risk...

dominicwin

member

Activity: 84

Merit: 10

Quote from: -ck on November 22, 2013, 04:01:35 AM

No, the mining for profit era is over for the foreseeable future. Buy a few bitcoin instead if you wish to take the risk that it will keep rising.

That's what I assumed.

I have a good stash at different buy in points, and recently got back into a buying spree and I think because of my buy in points, I haven't been as keen on looking into mining.

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/