Topic: Is it better to mine or buy Bitcoin? - page 15. (Read 2849 times)
At the present time buying bitcoin is probably the best choice. If you have money to buy a couple of asic miners it could be more profitable in the long term but you have to remember that newer models of miners will come.
I think, buying bitcoin for a long time is more profitable, than investing in mining
It would be great if we can do mine and in the same time we are doing buy and sell with bitcoin. Just imagine that you are earning to two different ways which surely will make easily to earn and get profit. But in the other hand what makes this difficult is the capital, surely if you are new in mining or buy and sell you will have second thoughts weather of those two will you chose. So if you really need to choose between those two I suggest you go with mining because what ever happen you will still own the material in mining and you can sale this if you think you will not be successful with that.
Mine bitcoin is now quite difficult due to the increasing complexity and a huge number of mining farms. If you are not going to invest in mining at least $ 100,000, then you can not try. Risks are very high, and a return on investment with an amount less than 100k simply does not justify itself. Alternatively, you can drop alternative crypto-currencies.
If you have the following advantages then it may be feasible to go into bitcoin mining.
Free or near-free electricity
Cool climate
Millions $USD in capital
Technical expertise
First access to the latest ASICs
If not, you are almost certainly better off just buying and holding BTC.
Free or near-free electricity
Cool climate
Millions $USD in capital
Technical expertise
First access to the latest ASICs
If not, you are almost certainly better off just buying and holding BTC.
Buying bitcoin is the best thing right now because the price of bitcoin is very low and stable.
The purchase will be a profitable proposal for sure, because how many costs will go to buying crypto, I have repeatedly met with this.
I think that the purchase will be a profitable proposal because as much zadra will definitely go for the purchase of equipment, I already faced with it.
if there is not a lot of powerful equipment for Bitcoin mining and cheap electricity, then it's no use to get Bitcoin right now. Better then buy Bitcoin and wait for the price to rise.
i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.
I think it better buy bitcoin, it is easily and fastly.
I think it would be better to buy bitcoin than mine because mined bitcoin requires sophisticated equipment such as ASIC (Application-specific integrated circui) This is the equipment used to mine. This is expensive and requires considerable maintenance and exhaust power. we have to calculate all of it by going up and down the bitcoin price. do not we have to spend big enough to mine the bitcoin price down.
Both is good, mining is not hassle, and buying bitcoin, risk is there. But i will go and buy bitcoin and invest! Why? because i can trade daily and get small or big profit by trading. And for me investing is better than mining. Less people now are doing mining, and most of the people now are investing instead of mining.
Unless your electricty is dirt cheap or/and you're planning to do it on a large scale : Forget about mining Bitcoin . 
Buying Bitcoin can be profitable but it's a gamble. Specially at the moment
.
Buying Bitcoin can be profitable but it's a gamble. Specially at the moment
.Agreed, we also need to consider Time and events when buying bitcoin.
Both are good , Mining is literally work out even the coin drops down, some of my friends who had mining rigs they said Mining still in good shape whether the price is go down in tremendous value, Still having some bitcoins nowadays still good too, but as bitcoin logically says so, the most unpredictable of all coins to hold on,It is difficult to foresee when coins gonna up or down. So, both are profitable if you know when to sold,how to sold and know where to dispose as the times come whether earned mining coins or bitcoin would be. Thanks hope I manage to contribute some sense about it. Its your investment , just know how to handle with it
I think it is better to rehearse so as not to provoke your anger when you see that you are losing only your money. The market is in the downtrend direction, waiting to wait. It has increased and it has been a long time without success.
for me in my opinion better do mining because you both need to invest from buying mining rig or buying bitcoin . best part is to buy mining rig . but first you need enough information on how it actually works but make sure to have proper maintenance on your rigs because it is quite sensitive and expect the electricity hike which is pricey . but still you manage to earn bitcoin and it could be forever . If you buy bitcoin make sure that you are a good trader so you wont't get lost
better to buy, because the price is cheap and this is the right time to invest.
In my opinion mining is more fun and I like to have fun so I would recommend mining.
As the output of bitcoin becomes less and less, mining becomes harder and harder, and the balance of effort and reward is slowly tilting.
And mining requires a lot of money, and the BTC investment seems to be more profitable!
And mining requires a lot of money, and the BTC investment seems to be more profitable!
If you have or if we have capital much better to buy bitcoin rather than mine bitcoins.Mining is no longer profitable at this time because of high cost of electricity but if we have enough capital is easy to have bitcoins.
Jump to: