If you want to try to mine, you should try altcoin mining
choose a new potential altcoin, mine as much as you can, stay longer and keep watching the market
when prices soar, sell all your coins, and continue to mine only if it is still profitable
if only look for other potential altcoin and repeat.
Bitcoin mining is very valuable and requires little capital.
Topic: Bitcoin Mining , Is it worth it? - page 12. (Read 2055 times)
Hello guys, I have a friend who told me about BITCOIN MINING.
What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
for now it seems that in some countries is not very valuable because of the high cost of electricity and the cost of repairing mining machinery making mining in some countries is not worth, I see some countries like in german seems still suitable to build mining because I read electricity there is very cheap .
If you have a large number of graphics cards and access to huge amounts of cheap electricity, yes! it's still worth it. but since electricity cost becomes greater than the bitcoins mined, a break-even point will never be reached. now you require a significant capital and cheap source of electricity to set up a mining operation.
Hello guys, I have a friend who told me about BITCOIN MINING.
What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
For me, mining bitcoin is worth it if you have an excellent miner, but if you will invest in mining now maybe it’s not the perfect timing to buy some hardware and mining rigs because the cost of it is expensive right now. But if want to mining bitcoin there are some site that you can use to calculate it, you can input your electric bills and your mining rigs/antminer; you will notice if your miner can profit compared to your cost. But remember that this site is not accurate. But if you have the money to buy and set up some good miner, you can try it, if you think it's profitable just continue but if not you know what to do. Also, remember that spend some money that you can afford to lose. What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
From what I have learnt from my own experience is that if you have a capital of only around $1,000 or $2,000 to start with, then don't go for Bitcoin mining. A much better option would be to do some altcoin mining. Consider Bitcoin mining only of you have funds of more than $20,000.
I think bitcoin mining is not good right now, because it is expensive, you spend much, but the result that you receive is low. I prefer participating Bounty and trading.
it all depends on each of us, indeed if we want to get maximum results we have to spend more capital if we mined bitcoin. Only certain people who mine bitcoin because mined bitcoin is not arbitrary and must have a high knowledge about mined bitcoin .
yes it's worth your bitcoin mining large space and you have cooler to not over heat. And that's where mintenace still needs because bitcoin mining is bigger
I think bitcoin mining is not good right now, because it is expensive, you spend much, but the result that you receive is low. I prefer participating Bounty and trading.
Hello guys, I have a friend who told me about BITCOIN MINING.
What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
It is worth it especially if Bitcoin becomes more expensive. But during dumps, bear seasons, and corrections when the crypto market is suffering from red blood everywhere, it may be earning less than a good amount. Just like what happened in the first few months of 2018 when the market is suffering from terrible dumps, mining is not that good, especially if you are only an individual miner. A large mining farm is more profitable.
I think there is nothing wrong with the existence of bitcoin mining, because I am one of them. My reason to join bitcoin mining initially because of limited capital to make a deposit and then in trading, but lately I prefer mining than trading, in because the price unpredictable.
In my opinion yes it is worth it if you have your good gadgets fir mining.I don't have much idea in it because i don't do mining its only my opinion.
I also know it has a good profitable platform but in our country is not suitable for every one. So it will not be good now. If you want to invest in it, try to invest in others. If you want, you can invest in powerful hardware . So if you try some other coins like Ethereum for mining, you will get good profits.
I also know it has a good profitable platform but in our country is not suitable for every one. So it will not be good now. If you want to invest in it, try to invest in others. If you want, you can invest in powerful hardware . So if you try some other coins like Ethereum for mining, you will get good profits.
It can be said that after two big events of halving day and prices that skyrocketed over $ 19200 last December made everyone think of bitcoin mining, but the result is that more and more are interested in mining making mining difficult.
It would be hard right now. So many people are doing this for a long time. Being a newbie in this field, I don’t think that it will be a wise decision. Along with that numerous Bitcoin miners were just mining low maintenance, and were basically utilizing GPUs that they as of now had acquired for gaming to mine when they were not utilizing their PC.
on the off chance that you are wanting to fabricate bitcoin mining you require an enormous capital add up to purchase equipment. mining is beneficial extraordinarily in the event that you have wide information on the most proficient method to mind and keep up your equipment and how to pick great alts to mine. and afterward on the off chance that you truly need to take a stab at mining in the philippines expect the high cost of your electric bill every month
Newbie here... Correct me if I'm wrong, but bitcoin mining is a stastical game as well? As in, there's nt a cause effect relationship between mining work and bitcoin output... And that's why mining pools exist-- in order to optimize the linearity of effort to output. Is that a fair description?
As a beginners for me Bitcoin Mining is really hard also i think its here in our country our electricity is expensive thats why bitcoin mining is not good option and you need high amount for you to fo mining . But when you do mining make sure you understand everything, learn more. And more so you wont lost money
only people with large capital can feel great results
because mining equipment is so expensive, then I suggest that you have to provide at least 1 BTC to start mining coins, and that's still basic
because mining equipment is so expensive, then I suggest that you have to provide at least 1 BTC to start mining coins, and that's still basic
Hello guys, I have a friend who told me about BITCOIN MINING.
What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
Is it obviously a profitable way to earn bitcoin bitcoin mining is i guess the top way to earn bitcoin the only thing is your going to need a big inbestment buying hardware for mining ans also it will going to kill your electricity bill because your using a lot of hardware also using a lot of power. Your alsp need your hardware to be cool your either your going to need a air conditioner or better if your in a cold country ❄️❄️ and low cost electril bill. What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
Hello guys, I have a friend who told me about BITCOIN MINING.
What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.
Electricity here in PH is so expensive. Do you have some tips and tricks?
Thanks in advance guys !
My advice, don't mine in the Philippines. The electricity bills will definitely eat the profits away from you and due to the complexity of the problems the miner will encounter vs. the profits you'll be getting, I'd rather not invest in a miner and just stick to alt coin trading.
Yes it is still worth it but it does not like before. Many are still mining bitcoin but it gets difficult every year. Because there are so many mining site that are coming, every years bitcoin that can be mined is getting lower the opposite is electricity is getting higher in price. Thats why the income youll get is getting lower too every year.
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