Topic: Is it better to mine or buy Bitcoin? - page 16. (Read 2849 times)
I think it's better to buy Bitcoin. Mining requires expensive equipment, cheap electricity, and plenty of time... But to buy Bitcoin, you don't need it. Just buy Bitcoin at the right time and wait for Bitcoin's price increase.
If in my opinion better buy, especially if buy bitcoin not too costly like mine, mining bitcoin in my opinion must have big capital.
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 mining is good because mining can bring you steady income every month, but it requires expensive equipment and cheap farms.
now is just a matter of time. we all need not be overly worried. we will see the price will follow up later. now we really have to be patient because the price is creeping up
I think both are equally good. If you are able to live both it can get a lot of profits but besides that you will also be able to risk so much. Because that risky activity will surely be profitable if lucky.
I find almost all the articles below to recommend investing in bitcoin. But do you think if someday the demand goes beyond without supply, what will it be like? From there you will know what you need to do .
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.
Buying bitcoins or investing is really good because you can join trading in the market eventually and earn more profit depending on how hard you work but still you can build your own mining hardware in order to earn cryptocurrency passively.
Both are better in their own ways if only you have a capital to invest to buy/hold some bitcoins or buy some equipment to mine some bitcoin. Nowadays, if you mine bitcoin it wouldn't be just as profitable like before since the difficulty get larger and cost to electricity for some ASIC miner is huge to accommodate. I think those profitable of bitcoin are those who has farms of their own or those who has low cost of electricity regions. Better if you have small capital to buy right now since bitcoin is in dip then hold it on what objective you do want to sell it
It all depends on what quantity you want and how fast you want it. If you urgently want bulk amount of btc then buying is better than mining.
it's better to buy bitcoin than mine because its low price now so I'm probably wondering how much you earn when bitcoin price rises.
Bitcoin mining requires high speed computers and efficient hardwares. Mostly it can cost from few hundred to thousand dollars. Bitcoin by default will make mining a difficult task with time (though miners can earn via transaction fees).
If you have enough time and money to invest in Bitcoins then go for mining otherwise buying Bitcoins is more easy.
Mining is really expensive where you have to buy equipment which you can actually use for buying bitcoin to start an investment. When you get huge profit, you can start to buy little by little the hardware that can be use for mining. Make money works. Buying is more faster to earn profit than mining. If you have enough time and money to invest in Bitcoins then go for mining otherwise buying Bitcoins is more easy.
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.
Neither. Buying bitcoins is expensive and mining is not profitable anymore, clould mining is ful of scam. Still buying is the fastes way to get to the coins.
If you have any options at all I would suggest to earn bitcoins, there are lot of opportunities, this is still the best and the most profitable way to get to the bitcoins.
If you have any options at all I would suggest to earn bitcoins, there are lot of opportunities, this is still the best and the most profitable way to get to the bitcoins.
I think that buying Bitcoin is the most direct way. Now that the market is in a downturn, buying Bitcoin now, I believe that you will get a huge fortune in the near future. I think you can buy Bitcoin directly.
better to invest to other project than bitcoin.. i dont see any use of bitcoin rahter than the other which has its uses
If you are looking for an easy way then you are better off just buying bitcoin and saving yourself the trouble because mining bitcoins now is no longer as easy as it used to be.
i prefer in buying bitcoin than mining it...because bitcoin mining nowadays is not worth it...it only pay you in little ammount and you should pay more in electricity and others...well maybe it still profitable in other coins but you must choose it wisely
First, the risk of mining is definitely less than the risk of buying Bitcoin. Even if bitcoin continues to fall for a long time, you don't need to worry about your profits being lost, because you only need to pay some of the cost of electricity, and then wait for bitcoin prices to pick up.
To my knowledge mining is more expensive and lot of risk is there so buying bitcoin is better then mining. But if you have a big financial background and support you can try for mining also you need more patience also to get success in mining.
Jump to: