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Topic: Bitcoin Mining , Is it worth it? - page 26. (Read 2055 times)

full member
Activity: 252
Merit: 102
March 09, 2018, 12:01:42 AM
Bitcoin mining is worthy only if free electricity or at very low cost. The initial investment in mining is too much also needs technical skill and time. in my view trading or investing in Bitcoin is more beneficial than mining.
newbie
Activity: 41
Merit: 0
March 08, 2018, 11:57:04 PM
I do not think it's true for bitcoin miners to see that bitcoin is currently decreasing if you do mining, then what you are struggling will not match what you get. My advice if you want to do mining then it is better if you choose a better altcoin and more dominant in price issues. Because mine requires patience and persistence so that everything can be smooth.

Although the mining method is stable, but the yield and return are relatively long-term, I still recommend the speculation and mining at the same time.
newbie
Activity: 134
Merit: 0
March 08, 2018, 09:26:24 PM
Now the excavation has become a movement, the Bitcoin digger, the bitcoin digger, so the manufacturers compete to launch a variety of different models, accompanied by the inflated of the buffalo driving The speed and amount of money received should make the new miners to spin as fast as not know which machine to choose and pay the fastest. You should investigate carefully before doing this work.
member
Activity: 532
Merit: 17
March 08, 2018, 08:54:58 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

bitcoin mining is cost high indeed, at the current time you may not gain anything.
but for the long term, i am sure bitcoin mining is profitable. you just need to do it consistently.
full member
Activity: 462
Merit: 100
March 08, 2018, 06:39:56 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

I wouldn't recommend mining bitcoins here in the Philippines. Try switching to alt coins to mine. Bitcoin mining isn't as profitable now as compared 8 years ago. Plus, as you've mentioned, Philippine electricity isn't cheap at all and the climate in the country sucks.
full member
Activity: 481
Merit: 100
March 08, 2018, 06:36:27 PM
I think even though there are new and "more profitable" ways of earning bitcoin, mining is still a viable way to earn. Putting into account that you don't even put money on mining, and it only requires a good personal computer with a stable internet connection, I think it's still a viable way yo gain bitcoins.
full member
Activity: 714
Merit: 100
March 08, 2018, 06:34:03 PM
I think now days bitcoin mining is too expensive and very hard. You can try altcoins mining. To mine need high power GPU and need huge expensive and mining rate is low now. So I am not suggest to mine btc I am suggesting you to mine altcoins which have bright future
full member
Activity: 490
Merit: 100
March 08, 2018, 01:52:59 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
I know someone mining bitcoins and yes it is worth it but you need big money to build it. My friend spent almost 2 million in your currency just to mine bitcoins.

When bitcoin hits another all time high, then you'll see that mining is well worth it. Of course your profit then would depend on the value of the coin you're mining. And there will for sure be a time when bitcoin will regain its bullish run.
This is really inspiring and good thing to see this much benefits of bitcoin, if your friend is good at mining it is good to use, it will need a lot of capital to invest the high electricity so if you are affording all these things you should go for mining, according to me it is good to invest in your capital for long time instead of mining as it is easy way to get fast profit, also we can join the signature campaign for making free bitcoin every year.
newbie
Activity: 98
Merit: 0
March 08, 2018, 06:30:35 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
I think bitcoin mining is worth it. It is a stable way to get bitcoin. But you have to spend a lot of money to buy equipment to dig up bitcoins, and it takes a long time for you to earn back your principal, which is a long process. To get more revenue, you need to look for cheap electricity.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
March 08, 2018, 06:24:29 AM
Of course. Bitcoin price is rising, there are still btc to be mined, there's also a large number of alt-coins to be mined,etc... But you'll probably need to invest quite a sum to be able to mine btc and make it profitable. I'd suggest you to mine some alt-coins, rather than bitcoin.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
March 08, 2018, 06:18:32 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
I know someone mining bitcoins and yes it is worth it but you need big money to build it. My friend spent almost 2 million in your currency just to mine bitcoins.

When bitcoin hits another all time high, then you'll see that mining is well worth it. Of course your profit then would depend on the value of the coin you're mining. And there will for sure be a time when bitcoin will regain its bullish run.
member
Activity: 196
Merit: 10
March 07, 2018, 02:12:29 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
I know someone mining bitcoins and yes it is worth it but you need big money to build it. My friend spent almost 2 million in your currency just to mine bitcoins.
hero member
Activity: 966
Merit: 500
March 07, 2018, 02:03:45 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 I think is a coin that most difficult to mine. Even in the pools it is very hard. And even with the help of special equipment. I think that it is much better to find any other coin for mining.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
March 02, 2018, 12:05:51 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

It's worth it but the expensive is real , by the way I'm from PH too so I would give you some tricks or tips I guess , first is learn the mining , and do some auction I think or have a friend who knows or expert and buy some equipment that at low cost but the quality is better. And mining needed a lot of power and a better climate so in here ph on our country it's so very hot , so I think you will provide a lot of cooler. In spite of expenses that you will face , in the end it's all worth it.
sr. member
Activity: 882
Merit: 251
March 02, 2018, 11:59:26 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 depends very much not only on the price of the electricity in the area you live. Today too many people are involved in the mining process. Therefore only a powerful mining farm, which is very expensive can bring you the profit.
member
Activity: 308
Merit: 12
March 02, 2018, 05:39:48 AM
This is quite a costly enterprise, in addition to the fact that you need to buy expensive equipment, you still have to pay large bills for electricity. Investments seem more convenient to me.
full member
Activity: 392
Merit: 100
March 02, 2018, 04:50:16 AM
Hi there. I'm planning to build a Mining rig too. and I've learned that in order for us to earn a good amount of bitcoin, we need to have at least 6-8 video cards on our first mining rig. you can pay your bills for the electricity and Internet and there's still left for you. just make sure that you have a room with proper ventilation because it will be hot as hell when all those video cards are starting to mine.
member
Activity: 238
Merit: 10
March 02, 2018, 04:36:36 AM
#99
I thought about it, but decided that it did not suit me. To do this, much is needed and this is costs that are not small. I prefer to participate in ICO, Bounty and Airdrops.
full member
Activity: 214
Merit: 101
March 02, 2018, 03:02:56 AM
#98
I do not think it's true for bitcoin miners to see that bitcoin is currently decreasing if you do mining, then what you are struggling will not match what you get. My advice if you want to do mining then it is better if you choose a better altcoin and more dominant in price issues. Because mine requires patience and persistence so that everything can be smooth.
member
Activity: 280
Merit: 28
March 02, 2018, 02:53:27 AM
#97
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

I think Bitcoin mining is worth only in case you have great equipment for this. Mining requires a fairly large investment, which will not soon pay off. For such an activity, a large amount of patience is needed. Otherwise, nothing happens. I believe that today, it is more profitable to mine altcoins than Bitcoin.
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