Pages:
Author

Topic: Bitcoin Mining , Is it worth it? - page 20. (Read 2055 times)

hero member
Activity: 2282
Merit: 589
May 11, 2018, 03:51:58 AM
Mining through GPU is worth it if you have less electricity price. The price in many countries is more than $0.15 per unit. ROI in those countries will be more than a year and depends on price fluctuations too.
newbie
Activity: 149
Merit: 0
May 11, 2018, 03:47:06 AM
 Mining Bitcoin Is worth every effort that you put in it, its the most valuable coin out there with the highest market capo. The returns you get from the coins are high and its one of those coins that guarantes you returns. The mining might be expensive but worth it
newbie
Activity: 113
Merit: 0
May 11, 2018, 03:46:06 AM
Yes it is worthy and bitcoin mining is one of the ways to earn bitcoin without having to work all day. But making a mining rig is not an easy thing to do if you don't have enough money.
newbie
Activity: 23
Merit: 0
May 11, 2018, 03:45:33 AM
Bitcoin mining is a save side investment but there is a lot of charges and issues like developer, fee electricity problem etc.So, according to my opinion you can buy bitcoin at $8600 and again buy at $9500 it will be tested $11200 in the near term.
But both are risky investments mining and trading if you are a risk taker then you can go for it.  
full member
Activity: 630
Merit: 102
May 11, 2018, 03:41:55 AM
There is no harm in trying. Any one that will be successful in life or become a millionaire must first fail and lose in the process. Constantly electricity is the paramount thing when it come to mining.
sr. member
Activity: 1456
Merit: 359
May 11, 2018, 03:31:53 AM
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 !  Wink
Bitcoin mining is worth it but it is hard to start bitcoin mining because you need to have big capital. The equipment that you will buy are expensive. You should also have enough knowledge for you to operate the mining bitcoins.
member
Activity: 350
Merit: 10
May 11, 2018, 03:28:01 AM
It could be one of the sufficient way of earning Bitcoins is through mining. But you have to be wise and practical, difficulty level of blocks these days becoming even higher compared to before so it requires you a big capital for hardwares, plus electricity in Philippines are expensive. I suggest to mine good Altcoins instead.
member
Activity: 252
Merit: 15
May 11, 2018, 03:25:25 AM
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 !  Wink
For me it will relies upon the financial plan of the miner as a result of the mining hardware that an excess of costly that lone rich individuals can stand to buy the hardware to dig BTC however for low spending miner they mine altcoins rather that has a minimal effort mining hardware and simple to mine altcoins.
newbie
Activity: 56
Merit: 0
May 11, 2018, 03:18:42 AM
This is the first time I heard about Bitcoin mining and got curious as to how it works. I was doing some research online and I have come across to this article. I hope you find it interesting and beneficial.
https://www.bitcoinmining.com/getting-started/
member
Activity: 532
Merit: 15
May 11, 2018, 03:12:06 AM
yes, if you can invest big, the environment is naturally cold and can get cheap electricity - mining is a good option.
newbie
Activity: 196
Merit: 0
May 11, 2018, 03:02:22 AM
Bitcoin mining is very valuable. If you are willing to wait until you recover your investment in the purchase of maintenance and electrical hardware. Actually building a mining rig is not for the simple investor because you really need a high investment and patience. If you plan to build Bitcoin mining. You need big capital to buy the hardware. Mining is very profitable if you have extensive knowledge about how to maintain and maintain your hardware and how to choose good alts for your mine.
newbie
Activity: 224
Merit: 0
May 11, 2018, 02:04:31 AM
The biggest characteristic of the bitcoin digger is that it does not retain its value.

Many people bought excavators and dug for months and started selling excavators.

So if you have cheap electricity, you can get in, but you have to find the right time to sell the machine. And make a little bit of money.
newbie
Activity: 196
Merit: 0
May 11, 2018, 01:59:11 AM
Now, of course not and there are several reasons: 1.the cost of bitcoin should exceed $ 10,000 for a profitable ratio of profit and risk. 2. And of course the mining pools, bitcoin mining power which reached rabid performance.
jr. member
Activity: 280
Merit: 3
May 11, 2018, 01:38:27 AM
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 !  Wink

it all depends on bitcoin prices volatility at the end of the day. Because the mining power usually adjusts to the current price and rewards miners get, or some of them simply stop mining or start mining different currencies...
member
Activity: 224
Merit: 11
May 11, 2018, 01:31:54 AM
Let's get something straight Bitcoin mining is very hard.if you are a new player or a small time trader it will be like burning cash with no outcome Bitcoin mining has become for a long time now playground for the big player with deep pocket.unless you can match that don't bother.keep trading it better then that.
sr. member
Activity: 756
Merit: 250
May 11, 2018, 12:59:57 AM
Mining is actually still in promising terms as it is now for once mining and also the purchase is still relatively profit. and also still added when bitcoin has increased this price is very profitable
newbie
Activity: 224
Merit: 0
May 11, 2018, 12:58:50 AM
I'm not sure if mining bitcoin is worth it. Which I know, the tools for bitcoin miners are expensive, not to mention the need for high-specification computers, expensive also in the end. The cost of electricity consumption also needs to be considered.
newbie
Activity: 48
Merit: 0
May 11, 2018, 12:49:21 AM

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.
newbie
Activity: 24
Merit: 0
May 10, 2018, 11:58:59 PM
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 !  Wink

for me it is profitable or worth it if we use solar pannels in our electricity. we can reduce our expenses if we use solars because you will never pay more and your profit will be increase than paying electricity.

LOL. You sounded like its easy and economically possible to setup a solar electricity source.
full member
Activity: 449
Merit: 100
May 10, 2018, 11:57:10 PM
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 !  Wink

for me it is profitable or worth it if we use solar pannels in our electricity. we can reduce our expenses if we use solars because you will never pay more and your profit will be increase than paying electricity.
Pages:
Jump to: