Topic: Bitcoin Mining , Is it worth it? - page 18. (Read 2055 times)
Mining is still the Bitcoin-trending that many people are interested. Many are still building Bitcoin mines because they think they can earn a lot of Bitcoin through mining with a much lower capital than buying Bitcoins on the exchange.
On the off chance that you need to burrow for Bitcoin, I don't believe it's justified, despite all the trouble in light of the fact that the cost of burrowing Bitcoin is too high, and, after some time, bitcoin's trouble is step by step expanding. So I don't prescribe you to burrow bitcoin.
BTC out currency rate is fixed, people dig, dig difficulty is higher, all costs will rise, and when someone started out in succession, is spending the rest of the people in the same circumstances, dig to increase the number of BTC, he actually reduce the cost of!
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 !
Putting your hard earned cash on something you have not much of an idea is a bad move i'd say.
But if you do have that extra cash to throw away (and is absolutely an EXTRA, that you have to make sure) then mining might be good for you.
So far we are in 3rd reward generation (going to fourth soon), and what is being mined halves every four years, so if you could set up yours the soonest then it will be great as the amount of bitcoin you could unearth becomes less as years roll by.
Goodluck mate!
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 !
If you can provide 10-20 miners meaning good capital then you can make some profit that would enough to feed youre family a normal life.
But if you will only have few units maybe i would suggest you to but bitcoin and altcoin and start holding,and partly trading because here in Philippines we have so expensive electricity rate that will kill a small miners
Is it possible to still make a worthy investment without going into mining?
produce bitcoin for you, but it is always worth moreover can get free money from bitcoin nambang.
Mining is a very interesting method of earning cryptocurrencies. But it needs lot of capital and powerful equipment. Mining is more effective in cold areas rather than warmer place but also you have to consider the electric energy consumption. Best solution is use of solar energy to run mining factory. If you have big capital and time is not a problem then mining is worth it.
Yes its worth it but its take more time and patience to be rich ,if i were you i will hold some tokens and coins like bitcoin and ethereum because this two things has an active market ,investors and so on,and its price was increase and increase year by year because of demanding of many peoples in the different countries.
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 !
I think its having a bitcoin mining is worthed. A few my friends having a mining profits and they can make profits and having passive income from it. He said that we can switch the mining other coin if bitcoin price drop below $6000, buying the peripheral one time but making income every month
I think it is not worth it, the hardwares needed in good mining are too expensive. Mining needed a lot patience too and taking much of time to produce a good income.
Yes, Mining bitcoin is worth it. If you're willing to wait until you recover your investment in buying hardwares, maintenance and electricity. Actually building mining rig is not for a simple investor because you really need a high amount of investment and patience as well.
I also live in PH and just like what you've said the electricity bill here is a little bit high, If you're going to invest money why don't you try trading or investing to ICO's? since you can easily earn once the token increase price or the coins you bought increase it's price sometimes you can instantly earn profit in just a matter of time unlike the mining you need to recover the electricity bills you paid, investment to hardwares and maintenance. But to answer your question yes it's worth it if you have a lot of investment.
Remember to invest only what you can afford to lose and don't take risks if you're afraid to lose your money/investments.
I also live in PH and just like what you've said the electricity bill here is a little bit high, If you're going to invest money why don't you try trading or investing to ICO's? since you can easily earn once the token increase price or the coins you bought increase it's price sometimes you can instantly earn profit in just a matter of time unlike the mining you need to recover the electricity bills you paid, investment to hardwares and maintenance. But to answer your question yes it's worth it if you have a lot of investment.
Remember to invest only what you can afford to lose and don't take risks if you're afraid to lose your money/investments.
bitcoin mining is worth it when you are willing to wait until you can surpass it and if you know you have confidence in yourself that you've done it right it is worth it
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 !
yes it is very worth it if you earn and save it for your fyurw and hen inest it wisely u might get rich because of that 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 !
Why not start mining?
1. Too much complexity of mining most popular tokens;
2. For each block being produced, the remuneration is reduced very much, taking into account limited emission;
3. Huge risks due to high volatility;
4. Quality equipment for mining is not expensive;
5. New devices for mining obsolete very quickly, you have to invest in others, adjust to the power and algorithms;
6. Huge consumption of electricity.
1. Too much complexity of mining most popular tokens;
2. For each block being produced, the remuneration is reduced very much, taking into account limited emission;
3. Huge risks due to high volatility;
4. Quality equipment for mining is not expensive;
5. New devices for mining obsolete very quickly, you have to invest in others, adjust to the power and algorithms;
6. Huge consumption of electricity.
Why start mining? If a large amount of money is available (free), you should try mining; Little-known tokens with a careful analysis in the future can very much "shoot", so their profitability reaches thousands of per annum, which pays off repeatedly .; Little-known tokens are very promising. One of them can shoot, and you, in turn, multiply your profits in tens, if not hundreds of times (the main advantage of mining).
Mining bitcoin is very valuable. If you are willing to wait until you recover your investment in buying hardware, maintenance and electricity. Actually building a mine is not for the simple investor because you really need a high investment and patience as well.
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 !
I think, The mining equipment is very expensive, Mining is worth, If you're willing to wait until you recover your investment in buying hardwares, maintenance and electricity. Actually building mining rig is not for a simple investor because you really need a high amount of investment and patience as well. I prefer to participate in bounty campaign, it is no risk.
you can not get rich by bitcoins at home if you are not going to buy a lot of equipment or expensive electricity in your region.
I would love to say that mining is not profitable. But those guys persisted with mining in 2013 got huge returns after the exchange rates increased. But a lot depends on whether you are purchasing your mining equipment using Bitcoin or fiat cash. I would prefer the second option.
I think a mine might be worth it if you have substantial capital. If you do not have big capital for it I think it will be in vain. That's just my opinion because I have no experience in mining. I have not learned about mining rig and so on. Try doing it if you believe that mining is feasible.
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