Topic: Bitcoin Miners vs Traders (Read 471 times)
The two are not really comparable. Traders are playing a game of a lot of strategy and risk. Their risk is high risk, high reward. Miners are a lot more like laborers. Yes, there are examples of very successful blue collar workers, but the big money people of the world almost always end up being either the investors, CEOs, traders, gamblers or heiresses.
Both crypto earners have their own strategy of earning bitcoin and cryptocurrencies. Both also involves big money to operate but it's bitcoin miners who do less to earn crypto because once their mining rigs are all setup, they just sit back and relax and let their workers do the mining.
I would choose trader because I want to know fast result and I know now mining cost is too high and that can't cover the income we get.
I know the price of bitcoin every day tends to be higher than the current price. And if you really want a faster way for us, it does not matter if you trade in the market, but with trading you can control the risks, so you will get faster profits in a short time
Bitcoin mining as well trading is profitable, in my calculation both were almost the same. One thing that is better with mining is that it gives a stable earning unlike the price moves taking place in the forward as well backward direction. Traders gain good at the forward peak while loss will be massive when drops low.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
if viewed in terms of profit actually both also have advantages and disadvantages of each.hanya alone in mine does not need to have capital first and must be patient because very long. different from tranding you can directly have the advantage without waiting for a long time. and also Out of both who can make income out of bitcoin?
I would choose trader because I want to know fast result and I know now mining cost is too high and that can't cover the income we get.
Mining bitcoin need some resources to start up, much expensive like trading, but it is a sure has a profit after. Trading needs some skills and has 50/50 chance of gain or loss depends on the market. Therefore, i guess , if you want a sure profit go to mining, but be sure to invest on those expensive equipments to mine , including high power sources.
Comparing profit of miners and traders I guess doesn't make sense.
As a trader I can say that there are times that I'm not earning well and there are weeks that I have nothing to gain and even I'm in loss.
I can't give any idea of how a miner earns but I'm seeing many of my social media friends that are adding more miners and building more farms so I assume they are earning well.
As a trader I can say that there are times that I'm not earning well and there are weeks that I have nothing to gain and even I'm in loss.
I can't give any idea of how a miner earns but I'm seeing many of my social media friends that are adding more miners and building more farms so I assume they are earning well.
Traders making more profit avarage. But there is miners with very huge farms that making colossal money on that.
Mining it is starting to go along the way side now that everybody and their grandmas are out of the picture.
Those who bought all those video cards and miners during the ATH=craze off of ebay and craigslist have come to realize they are not going to make their money back ever mining and figured out they can not mine bitcoin with them.
Squeezed them all out quite nicely I must say and keep us who have been in this game for a longer time get back to the business at hand.
Those who bought all those video cards and miners during the ATH=craze off of ebay and craigslist have come to realize they are not going to make their money back ever mining and figured out they can not mine bitcoin with them.
Squeezed them all out quite nicely I must say and keep us who have been in this game for a longer time get back to the business at hand.
Everyone who is involved in bitcoin wants to make a profit. That's OK. It seems to me that developers and miners do not want to find consensus. There is a great demand for lower prices per transaction. Probably some billionaire will take advantage of it. It will create a transit server that will speed up the process. I think that eventually in this fight users will lose.
i think trading bitcoin is a very complicated work, it sounds easy but not, without any knowledge about trading we can lost money faster than mining, in contrast, mining can be easier, we dont have to think too much, just need a huge fund at the begining, computers and electricity fees and maintainance everymonth, so miners can be much better than traders at profits, as long as the price they are mining keep rising in the future.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
I think bitcoin miner is only for those who can withhold coins that they have very long and have a long enough funds because bitcoin miner also takes a very long time to return the capital they use to mine, whereas if you have a very large capital you can trading because with your trading is not too thinking about the cost of electricity and mesing mining repair costs you have. so it seems that bitcoin trader is definitely more profitable but bitcoin miner is also more very profitable if it has many more than 1000 machines.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
Trading bitcoin is far profitable than mining bitcoin and many people that invest in bitcoin since last year and 2015 had make great return on investment. Bitcoin has help many of us make good profits and to me buying low and selling high should be what we should embark on. what you might need to learn is how to buy bitcoin at the right time and sell them at the right time. and also Out of both who can make income out of bitcoin?
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
For me traders profit more than miners, now miners per day profit is not like 5-10 years ago. Today miners is earn little bit. Refer to my friends do mining, I calculate the cost compare with profit, the cost is big more than profit. So my friends decided to do traders is better.
Traders still give more profit for us.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
Depending on the amount you are willing to invest, I would still go mining if we are focusing on just bitcoin alone. The cost of mining one bitcoin remain the remain in terms of electricity and equipment but for difficulty experienced, the extra cost would then be marginal but for trading who is into buying and selling the difference between the amount purchased and sold which would be the gross profit cannot in any way match up with that of mining to selling price of course with the exception of those who hold long-term.
From my knowledge,trading is best one compared to the Mining.For mining you need to make huge dollars as a investment.You will get more dollars then the investment.Even you can get double of the invested dollar.But you need to keep huge dollars as investments.Instead of that ,I will buy huge amount of bitcoin with that dollars .
If you have huge amount of dollars in hand for any business means,I will suggest you to start a Mining.But for that you need to be wealthy.You need to spend more for implementation of Mining setup ,rig with system and a cooler.Then you have pat the electricity for Mining.Totally for mining you should have huge dollars as a investment.
Both has its advantage and disadvantage. If you want to just have a passive income then bitcoin mining is the thing to do. However, you need to have a big capital in order to get a high ROI.
For trading, minimum capital like $1K can make you a good return either short or long term. We have seen that its possible to give a ROI of 100%. Of course the risk is there but it you do it the correct way, you can get even more.
For trading, minimum capital like $1K can make you a good return either short or long term. We have seen that its possible to give a ROI of 100%. Of course the risk is there but it you do it the correct way, you can get even more.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
Bitcoin traders are make huge profit but miners are little less because mining rig is consuming more power consumption. So trading is the big profit compared to mining but mining profession is the stable profit we don't worried about any kind of situation it will always make profit so I like mining platform.and also Out of both who can make income out of bitcoin?
Do you think that traders earn more then miners? Do you think traders
can have steady income like miners? And last question what do you think
what is more risky, trading or mining?
It does not matter who make more profit! What is important is what kind
of skills you have, and how much money you can invest in equipment or
in trading.
Both miners and traders can earn a lot! Who makes more is who is more
skilled. I watch what others do and I build my own way, I do not care who
makes more. I do not even wish to be the one who is making the most, that
is impossible, I know my capabilities, anyone should know that and act in
that manner.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
Bitcoin traders are make huge profit but miners are little less because mining rig is consuming more power consumption. So trading is the big profit compared to mining but mining profession is the stable profit we don't worried about any kind of situation it will always make profit so I like mining platform. and also Out of both who can make income out of bitcoin?
Both her according to the I just the same, only if mining require equipment such as the computer and smartphone while trade require capital to the effort to trade and both have trouble different, and depending on one he preferred which and more master which
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
Trading is far more profitable now than mining and we have to be realistic mining bitcoin now is very difficult and you have to spend much time and money in maintaining the mining tools. But in trading what you need to do is buying cheap and selling high. The only thing you need to do is to spend your time learning on how to buy cheap and sell high. and also Out of both who can make income out of bitcoin?
Mining is an passive income you can get profit by only leave your computer on, while trading you need skill and experience, trading can make you lost money, but the profit is limitless, you can get a lot of money in just a day, so for me trading will give you more profitable than mining, the mining earning is fixed and has tendency to decrease within time
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
Trading is probably easier than mining, but there is a lot of work that goes into trading and following charts for trading.
I’ve never done mining so I can’t sa for sure, but I hear that it is hard for mining to be profitable these days. You have to get all the right equipment and be prepared to spend a lot of money on you electric bill. The good thing about mining though is that you gain coins that you can hold and as they increase in value you could make more profit later.
if you're asking which way is more profitable , i think i will choose trading. 'cause doing different manner in trading is more profitable than mining. Such long term and short term , and actually both can make profits but I'm not satisfied in mining bitcoin 'cause doing mining nowadays need some capital before it can be use or before you can gain profits on it.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
Both have their respective advantages, you can not just compare them for granted. They have their own expertise. I own more profit from trading. and also Out of both who can make income out of bitcoin?
Of course higher risk by trading because you can lose all your money in a few moments. Profits between mining and trade will never be the same.
Miners would also be making good profits but their profit ratio is limited since only a certain number of transactions could be confirmed using an ASIC miner.But trading is not like that.Even huge profits could be made in trading if there is a great swing in prices of invested coins.Traders could change their plans flexibly based on the market situations.Also,cheap electricity fare is needed to ensure good profits in mining otherwise it would lead to a loss.
It is really wrong to compare because they are totally different.
Also there is a factor on how much is the capital for both. For mining it will also depend on the country you are mining from because electricity cost differs from each country.
Miners more or less has a stable income because most likely their income are the same every month (taking about earned bitcoin not dollars).
Traders will depend on who is behind the computer, really skilled traders can double or triple their capital in a day/weeks time.
Also there is a factor on how much is the capital for both. For mining it will also depend on the country you are mining from because electricity cost differs from each country.
Miners more or less has a stable income because most likely their income are the same every month (taking about earned bitcoin not dollars).
Traders will depend on who is behind the computer, really skilled traders can double or triple their capital in a day/weeks time.
Everybody can easily start mining btc but they have to make the feasiblity study very well otherwise they might pay more electricity bills more than they get. It was profitable in 2017 due to all year btc price rised, as it is sleeping nowadays it is most probably closing 6 months in loss if the btc prices keep its current level, it will be worse if it is decrease.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
The cost to be spent between trading and mining is different, and indeed the income is different too. But if you look at the capital that is spent more mining, to mine bitcoin for now a lot of capital to be out, and equipment that must be purchased was not a bit not to mention paying electricity costs per month would be very expensive if in my country. But if I choose, I would prefer to trade because very much advantage especially in terms of time and place. In trading I can work wherever and whenever, different with mining that must work all day in front of the computer, it will not make me comfortable. and also Out of both who can make income out of bitcoin?
you can earn with both style, You can earn in trading with less amount but higher risk. In mining you will pay more amount but low risk.
Earning from doing both of that is going to make you see your income generate for a few years until you see a return. I would not want to do both. Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
Actually, you can compare it. for mining, you need a good investment while you can start trading with a small amount. i can make income out of bitcoin through Mining. i would like to suggest you trading.
you can earn with both style, You can earn in trading with less amount but higher risk. In mining you will pay more amount but low risk.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
Miners and traders work in many different realms. For mining, if the person who's trying to mine has a lot of money, it's possible that he/she can end up with even more guaranteed money by mining rather than trading. Both require you to start off with some seed money, but I'd argue that mining requires a lot more than trading does. However, with that, if you're a trader, your money is at risk in the case everything comes crashing down, so I'd say mining is a little safer as well.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
It depends. mining can be more profitable if you have cheap electricity source. However, you will need a lot of money to start your mining farm. difficulty is one of the great problem when mining because the higher difficulty the lower the bitcoin/altcoin you can get.
The best thing with trading is that you can start for as low as 100 USD and can have a x 2 or more capital gain in an instant.
Since i dont have a large amount of money. i will focus myself in trading and when i have ample amount of money. i will also start mining.
I think Bitcoin trader is much more profits than Bitcoin miners. Miners just have a constantly profit not a high profit like traders because they're facing with risky.
for me both his profitable but faster profitable play trade because it quickly doubled in the appeal of miners who just waiting for long to earn profits
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
If you take effort in both of them, then I am pretty sure that both of them can be your income source. However efforts will be more or less in both of them. For example, you will need to spend lot of time in trading, watching all the up and down graphs, the wavy rides, keep an eye on news and much more. Moreover it could get difficult at times when your trade predictions may not come true and you may incur loss. But at some instance jackpot might get hit. Now that I will define as income source with lots of surprises!!
On the other mining will cost you one time initial cost set up and then after you have to maintain it forever, with regular heavy electricity bills. This kind of stuff needs patience as your ROI is about year or so. It’s like you will have to wait for that much period until you can get your real profitable salary credited to your account. So you can think now which kind of salary you would like to have.
The differences is far too significant, Miners gaining steady income as long as their rig maintain the capacity and productivity while trader on the other hand make more opportunities to gain more profits then miners but also had more opportunities to lose money. Miners is a producer while trader is the middleman, so the profit and risk is different between them as their job desk also differ 
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
i think this is not quite right, because mining and trading both have a different in risk.
if you trading, you may get your profit in the short time, but the risk is higher than mining.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
In my opinion, I think it depends on the capability of people's wealth. In mining, it would be needed a huge of investment because of expensive value of equipment or machine that use for mining, that's why people who engage to this process is truly a millionaire. But in trading, if person has a mid value of investment therefore he/she can do trading anytime they want. No more machines that they need to buy or operate. This is truly a different factor but still it has a similarity and that is we can gain profit from both of it.
Bitcoin miners and traders are equal because you need to invest to earn fast .In Bitcoin miners you need to invest more money while in trading bitcoin you can invest little money. but both are equal its depends to the people want to use miners bot and trading its to risky but if you have hard working is good hardworking is the key to success
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
It depends on your capital. But, I think miners do more profit than traders. But it is still depends on their country. Because if you choose to mine you will need to build your mining rig. It is much better if you will build a big mining rig that has a lot of GPU's. In trading, it slightly risky because you cannot predict what will be the price of your coin. But in mining you'll just have to wait and sell it if you gain a lot already.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
trading can be done with minimal capital but trading has a lot of high risk different from mier that although using big capital but we can get profit periodically every month and stable, I will prefer miner.and also Out of both who can make income out of bitcoin?
For me both are good too, But for me it's still easy to invest in bitcoin, by buying cheap prices and selling higher prices, because the daily bitcoin price always goes up better. If the miners for us take a long time and also with the patience to get bitcoin.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
It is not a basis whether a miner has better profit than a trader or vice versa. There are miners who are wealthy enough to buy the latest and fastest tecnology in mining so they can mine faster than the other. In traders, if they are more precise in predicting the fluctiating value of cryptocurrency then they can earn better than a miner. So to sum it up, both has an edge in their part depending on how good they are in their field of expertise.
To get faster results and much I prefer with the way of trading than to mine, because trading can give us profits up to tens of percent in a day and that's one of the fastest increase in assets for me.
If you really want a faster way for us it does not matter if you trade in the market, but with trading you can control the risks, so you will get faster profits in a short time, because I know the price of bitcoin every day tends to be higher of the current price.
Mining and trading are both profitable but i will go to trading, because we can use a small capital to start trading.as far as i know mining need a big amount before you start because it will take long process. You need a big capital for computer mining, well just correct me if im wrong.
My main concern on mining (buy hardware upfront, queue, etc ) and as well on trading ... is that bitcoin mining became just like "place an order to matching engine" logic ..
ps-> reminds ... Quants: The Alchemists of Wall Street - A Documentary about "algoryth"mic trading
https://www.youtube.com/watch?v=OINqYdkhOAw
You can't compare the two on a general basis if a person is wealthy and has access to the lastest technology in a large quantity and starts mining he can make a good income from it but a person with just one miner , expensive electricity and different equipments like cooler it will be hard for him to keep mining profitable
That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option
Agreed,it really depends on the situation of every individual.There are people that exceeds to others in terms of wealth,people with more knowledge and fund makes profit more.Besides,both are really profitable and should not be compared to each other. That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option
Mining and trading are both profitable but i will go to trading, because we can use a small capital to start trading.as far as i know mining need a big amount before you start because it will take long process. You need a big capital for computer mining, well just correct me if im wrong.
To get faster results and much I prefer with the way of trading than to mine, because trading can give us profits up to tens of percent in a day and that's one of the fastest increase in assets for me.
If you really want a faster way for us it does not matter if you trade in the market, but with trading you can control the risks, so you will get faster profits in a short time, because I know the price of bitcoin every day tends to be higher of the current price.
To get faster results and much I prefer with the way of trading than to mine, because trading can give us profits up to tens of percent in a day and that's one of the fastest increase in assets for me.
You can't compare the two on a general basis if a person is wealthy and has access to the lastest technology in a large quantity and starts mining he can make a good income from it but a person with just one miner , expensive electricity and different equipments like cooler it will be hard for him to keep mining profitable
That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option
That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option
Nice point o view ... but let me try to compare whales and krills ...
Small trader ...
< (less than) 600 BTC trade volume in general pays higher fees around 0.25% as taker and 0.15% as maker
let me clarify my point o view ... it is about difference between 'centralised VS distributed' ... sound to me that the more centralised a network is..the bigger will get bigger while smaller will get smaller changes ... for instance ...
the Catchphrase ... "the rich get richer and the poor get poorer"
https://en.wikipedia.org/wiki/The_rich_get_richer_and_the_poor_get_poorer
While economics belongs to social sciences ... can we do some sort of analogy on STEM ?
Both are equally profitable, mine can generate profits on a regular basis and trade can also produce faster if we are not caught by the price slide when we buy in a more expensive price, and all also have their own risks and fortunes.
You can't compare the two on a general basis if a person is wealthy and has access to the lastest technology in a large quantity and starts mining he can make a good income from it but a person with just one miner , expensive electricity and different equipments like cooler it will be hard for him to keep mining profitable
That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option
That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option
Nice point o view ... but let me try to compare whales and krills ...
Small trader ...
< (less than) 600 BTC trade volume in general pays higher fees around 0.25% as taker and 0.15% as maker
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
Miners and traders are basically the two pillars of bitcoin network. Without any one of then, the bitcoin won't exist. While miners are the producer group and traders are the consumers. While miners ensures the network keeps on running, traders keeps the demand high. So both are equally important for the survival of crypto environment.
It is hard to say who earns more because if a miner use high tech equipments and have access to the free electricity, they can earn well without much risk. On the other hand, if a trader jumps in to the market with a substantial amount of initial investment and plays his bet right, he can also outrun the miner income by large scale but with huge risk.
Actually such comparison is hard to make because their income depends on many other factors as well.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
Both make good income.But the miners income is limited as per their investment to buy ASIC miners.Also,for each mier they could only do sertain number of transactions to get confirmed.So their profit is limited.and also Out of both who can make income out of bitcoin?
But traders have unlimited access.They could make huge profit by trading.They could change their strategies as per the market situations and make enough profits.
When viewed from the results I think trading is more profitable in a fast way if we can read the market situation and graph analysis.
Actually both are equally profitable but when viewed in terms of the most profitable between trade and mine I prefer profitable in trading, because we can generate quick profits and doubled in trading, and do not spend on equipment.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
Bitcoin mining is something that requires higher investment and also you get returns after 1 year or so. I think it is more risky especially at current situation. Suppose, someone invested in equipment to mine bitcoins and then after one the market collapses. The prices will decreases and thus the value of those mined bitcoins will be very less. Thus, if I had the option to choose one between these two, I will prefer trading over mining.
We can say it is a wrong comparison.
It will never be the same.
Miners capital can be earned in the long run and that is for sure.
Traders have so many options to do the investment. Either trade long term or there is the most famous of all the short term trading.
More risky with trading in my opinion.
It will never be the same.
Miners capital can be earned in the long run and that is for sure.
Traders have so many options to do the investment. Either trade long term or there is the most famous of all the short term trading.
More risky with trading in my opinion.
You can't compare the two on a general basis if a person is wealthy and has access to the lastest technology in a large quantity and starts mining he can make a good income from it but a person with just one miner , expensive electricity and different equipments like cooler it will be hard for him to keep mining profitable
That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option
That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
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