Mining or buying, both of them require some funds to spend.
currently the market is falling, i suggest you to choose buy than mining.
mining will profitable if the market on the green condition.
Topic: BTC Mining vs Buying - page 8. (Read 4994 times)
Mining bitcoin can be tedious at times and I doubt if it is still profitable. I prefer to buy bitcoin directly, because mining bitcoin requires a lot of capital investment and some level of sophistication. It also generate heat and consume electricity a lot.
Good points. Mining bitcoin requires some technical expertise and more works than buying. Mining profit depends on the electricity cost in your area and the scale of your mining operations.
If the difference is indeed can be said whichever. If you were rich you may like buy bitcoin. but for me who don't have much money. I prefer mine bitcoin. Although long we can enjoy money bitcoin..
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
I prefer buying bitcoin rather mining it due to its difficulty to mine and you need atleast 6-8 months before you could recover your initial investment. Buying bitcoin then start trading right away if you already knew how btc and trading works.
Now is time for buying. 
And can you find out how you came to this conclusion? Or is it a practical experience? Or did you say it just like that, without giving it much importance?
In any case, mining is a free way to earn bitcoins. Who can not afford a purchase, it is better to start with mining and become miners.
Now is time for buying.
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
I prefer to buy bitcoin directly. I think it is very simple and fast. We can get a lot of bitcoins in a short time. If you choose to mine bitcoin, you will need to wait patiently for a long time to get a lot of bitcoins. It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
if looking at the current market conditions may mine could be the best solution, because we do not have to wait for high bitcoin prices to sell it. different if we buy it, then we have to wait higher price than when we buy it
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
Mining required some time and big investment Where as you can start buying bitcoin in just 10$ and hold them. Actually mining is more risky than buying bitcoins. You have to buy big systems and to buying those rigs and systems you have to invest hard as i said. You cant start mining with your Pentium 4 system.It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
As for me it's better to buy now while the price is not very high. Mine it means buying a video card that is expensive and then waiting for a profit that will not be completely soon, but after a while. If you are willing to wait then mining is a good choice. If there is no opportunity to wait, it is better to buy.
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
I think both are good investment options, and you need to make your own decisions. I prefer to buy bitcoin, which I think is more convenient and quick. But my friend prefers to invest in mining bitcoin, which he says is more stable because the risk of buying bitcoin directly is higher. It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
Mining is more handy, buying selling trading is related to luck too.
Now it is not very important to use such a way of earning as mining because at first the video cards leave much to be desired for the price and get the miners from it not as before.
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
Are you sure that mining is no longer profitable ? i think it is still profitable.
you can mining with your own tools. it may need a funds to buy the tools, but in the future, your mining will bring profit to you
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
Mining required some time and big investment Where as you can start buying bitcoin in just 10$ and hold them. Actually mining is more risky than buying bitcoins. You have to buy big systems and to buying those rigs and systems you have to invest hard as i said. You cant start mining with your Pentium 4 system.It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
To get better profit i'll choose buying than mining because mining is not easy it takes time to process and requires a lot of resources then the mining rigs are so expensive, there's a possibility your electricity will cost bigger than the bitcoin you got and you need to know a lot about blockchain.
Most crypto user's today are prefer to buy/invest because it is more easy than mining and you have nothing to do, after buying you'll just need to be patient and wait to your target price.
Most crypto user's today are prefer to buy/invest because it is more easy than mining and you have nothing to do, after buying you'll just need to be patient and wait to your target price.
better to get bitcoin by way of buying, from bitcoin that we buy can be used to trade in order to get bigger profit. if we get bitcoin by mine, it takes a very long time to get bitcoin. we must have the patience to get bitcoin by mining. I got the information that bitcoin mining added more difficult.
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
the better way to get BTC is buying for now, because bitcoin now on the low price.
you will get profit if you sell it in the future.
Depending on your condition, whether you currently have a minning rig or not. If you already have a minning rig then doing both is the best way, but if you do not currently have a minning rig then it's better to buy bitcoin because we also know that currently the bitcoin price is below $ 10,000.
i agree, and also we all know that mining rigs are so verry expensive nowadays especially those higher units or new versions. miners do also upgrade because the mining difficulty is increasing day by day. but anyways , the best choices to do is to buy a coin rather than mining it because buying is easy and verry profitable when compared to mining a coin. Mining do also takes time in order for you to mine a single coin and the maintenance cost isnt easy also.
Correct. Mining requires a lot of resources and time to set up when you are jut starting up. Plus you have to consider the bills like internet, electricity, hardware, and of course the place where you will put your mining rigs. Because if you ever plan on doing it, you might as well do it big time. The only great thing in mining is that if the resources and the place you are living in makes the odds good for you, then it will be sure money and profits in just a few months.
Now on investments. You see, investments or investing really requires a lot of time in learning the mechanics alone. And then shortly after that, you will also have to put a lot of time and effort in watching the prices all the time so you can really make sure that you will be buying on time and not buying just to lose all your capital on the next day. Obviously both really have their own shares of pros and cons, but if I had to choose, then it would be buying because it simply is easier in my own point of view.
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