Topic: Is it better to mine or buy Bitcoin? - page 18. (Read 2849 times)
For me just have btc mining, i prefer that because that is more lot easier than buying bitcoin and seeing that you are giving the money and that is very difficult, to buy btc is very hard for everyone that has only low and not as large income. So for me just spend money at first and buy items used for mining. Just choose btc mining.
buying bitcoin can be beneficial but there are risks that you will not earn if bitcoin falls in price
if you want to get bitcoin quickly, it is best to buy it by investing money in it
Bro, even that u started this topic on 2nd of Feb was meant to be late to answer this question cos mining of BTC become wayyy more expensive than buy it. Moreover, it takes time.
I personally believe its better to buy Bitcoin at this time.
I do agree that buying Bitcoin at this time is better than mining Bitcoin but the dump will not always happen and if the price pumps, the time for buying Bitcoin will end. In case of mining, whether the price dumps or pumps, you are still earning Bitcoin and it will last as long as you are mining Bitcoin. The profit may not be that quick but it is better than buying bitcoin in the long run.
we can choose between buying or mining bitcoin. if we have a lot of money and unlimited we can buy tools to mine and can produce coins without having to think about prices in the market.
For me i am a full time office worker now, so i cant afford time to mine and so for me buying is best
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 will say both mining and buying of bitcoin are good but the question is, which is the best of this two, and I'll go for buying even I need a large amount of capital to have more btc because for me it is easy to manage which to hold and waiting for the peak price then sell it all, rather than to manage a mining equipment like sophisticated computers, it is very hard to maintain all these things.
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'd rather buy bitcoin because it could be an investment and I think it's more profitable. To mine bitcoin we need a very expensive tool as well as high electricity costs.
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.
right now its goog idea to mine, but if you have a lot of money to buy bitcoin then also you can buy some for the future and hold them up to the high price.
I think buy bitcoin is better then mine.Bitcoin is most powerful cryptocurrency.If any one want to invest his/her money i suggest to buy bitcoin now because it is the time to bye bitcoin.
Both are better if you have the might to do them together.For mining,its true it involves the purchase of expensive equipment and the consumption of electricity,but as time goes on,those expenses will gradually be covered and you start earning profit...
Is it better to mine or buy Bitcoin?
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. If you are interested in mining cryptocurrencies, I would suggest you buy a GPU rig and mine altcoins. Most of them can be mined using GPU and you can mine whichever coin is the most profitable at the moment.
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. If you are interested in mining cryptocurrencies, I would suggest you buy a GPU rig and mine altcoins. Most of them can be mined using GPU and you can mine whichever coin is the most profitable at the moment.
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.
for me it is better to buy bitcoin also rather than do mining if you don't have any experience in mining before. if you have the money, just invest in bitcoin.
For me it's better to mine than to buy,as long as you can work in mining you can get bitcoin,but if you have many to buy you can buy if you like.
Mining is very expensive, you must pay for power, buy and upgrade your machine, it's always better to buy I think, if you don't have those requirements
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.
As mining is expensive and time consuming, it is better to buy and trade regularly at a small profit. Remember it is also risky
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.
for me it is better to buy bitcoin also rather than do mining if you don't have any experience in mining before. if you have the money, just invest in bitcoin.
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