You would be able to answer this question if you understood how to quantify the various costs and rewards involved.
I'm thinking of running a course that explains these fundamentals, if you are interested them PM me.
Topic: Mining vs Direct Coin Purchase (Read 534 times)
I have never been into mining
Check out whattomine.com
Check out whattomine.com
Mining, you do not risk at all but you will always have to invest in the equipment first. Naturally, later you will pay very much for the electricity.
If you believe in cryptocurrency you should mine or stake with Proof of Stake wallets if you have the skills, because it's essential to circulating the blockchains. It's also free heat in the winter months so that earns money every year. It's very easy to use and back up POS Wallets, it's just one small dat file you can put in a few places.
Better to mine and wait till' the value rises again since some altcoin today are good for long term investment.
Its not worth to do mining nowadays since the market is on a bloodbath.
better to directly purchase and do trading as for now since it could take your low profit on electric bills.
If you can take some time then trading can be more profitable than mining, only if you find time to understand the flows even fluctuations will be able bring good opportunities when you enter the market with a good timing, but if you can hold and wait and you still have money to finance your electric bills then mining can possibly bring you decent earnings too. Though both have potentials it's just the timing is needed to learn for your benefits. better to directly purchase and do trading as for now since it could take your low profit on electric bills.
Its not worth to do mining nowadays since the market is on a bloodbath.
better to directly purchase and do trading as for now since it could take your low profit on electric bills.
better to directly purchase and do trading as for now since it could take your low profit on electric bills.
Mining is always a way to get a sustained earning, in the early days it was more profitable and now it was not that profitable because of the increased investment requirements and the increasing difficulty. With this in mind I prefer direct buying over mining.
Mining is always and will always be profitable not just on the old days but also on the current day and on the future. It will always be remain profitable as long as you are using the correct mining hardware , when i say correct it does mean to be updated and the latest mining hardware for a specific coin because mining hardware do always update in order to fix some bugs and other known issues.
But overall i would still prefer buying or investing because as everyone says , it is more easier and less hassel than mining a coin.
The risk is actually greater in mining. because we get a lot of losses if the tool is damaged or later mining is no longer profitable because of the declining price and electricity still have to pay. but all are returned to themselves
Mining is profitable if you wait for a long time, now the difficulties increased and we have a lot of coins to mine little bit confused what to mine. Last year people mined ETH, ETC, LTC, Zcash etc all coins are profitable and the difficulty level also very less. Now the equipment cost is also high and making a profit is also not easy. So for me, direct coin purchase and trading are simple and profitable.
Mining is always a way to get a sustained earning, in the early days it was more profitable and now it was not that profitable because of the increased investment requirements and the increasing difficulty. With this in mind I prefer direct buying over mining.
Direct coin purchase is best option .If you have a idea to mine the coins with any of miners .You have to buy that miner and then make a cooling setup for mining.Then you have to pay some money for Electricity bill.By skipping all this,you can directly buy the bitcoin and need cryptocurrency.
Mining is profitable for places that has low cost of energy but if you are an aspiring miner and you really wanted to do so, notice your place that costs much with electricity.
Buying direct coin purchase is an alternative of it if you want to become an investor in cryptocurrency.
Buying direct coin purchase is an alternative of it if you want to become an investor in cryptocurrency.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
I prefer to purchase coins because I don’t have all the equipment I need to mine efficiently. In order to mine, I really need a much better computer with a great graphics card. To me, the money it would take to get that is not worth it. It’s simpler to just buy the coins and trade or hold long term. You can still make a good profit if you hold long enough.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
In my experience it is very hard to generate profits in mining if you don‘t know exactly what you do and without the proper equipment. What altcoins are you mining and what equipment do you use?
This questions has always been a topic of discussion among many people .
The choice is difficult but not impossible to make . Any coin which is already at its peak and is only getting stronger does not need a lot of mining activities because it already have some great mining setups . Just like that investing in an ICO carries some risk because there is no guarantee of success , but the ICO coin mining is always given proper attention and payment.
The choice is difficult but not impossible to make . Any coin which is already at its peak and is only getting stronger does not need a lot of mining activities because it already have some great mining setups . Just like that investing in an ICO carries some risk because there is no guarantee of success , but the ICO coin mining is always given proper attention and payment.
I have never been into mining
Check out whattomine.com
Check out whattomine.com
It depend on whether it is profitable for you to mine the coins. It is better to use a mining profitability calculator to estimate your profit.
From my view, buying the coins directly will be more straight forward and need worry about the equipment set up, maintenance and etc.
From my view, buying the coins directly will be more straight forward and need worry about the equipment set up, maintenance and etc.
for me it will depend on the coin you will purchase, for example the coin you purschase is damp coin then it is better for you to go for mining, but then you need to invest more money for mining power and gadgets.
I think right now it's better to buy coins directly, if you can not compete with other miners, it will severely damage your reputation in the future, let alone the cost required to mine is very expensive, so my advice is better to invest directly but be careful because enough at risk.
it differs, if you think that mining is still profitable go for it. But still you have to think what are the coins that are still profitable and I think I still go for ETH.
both are beautiful. in mining because you need good use to get mining properly. invention that you can do with direct coin. that's no longer the case.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
For me its depend on how much are you going to invest because mining is a expensive but accurate profiteering in this no risk of losing but only small amount of consistency will you getlittlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
In direct buying can start small capital and you can earn huge amount,but the risk is more than the amount of capital if you dont know the market,so for me you better choose what fits you
They hve both different benefits and not good. In minohng you can mine a lot of different altcoins but it's not easy to mine brcause you need big capital and need best plan many miner become millionaire. In direct coin purchase any amount that you want and what status you are even you have small capital it's okay.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
You should probably be asking this in the mining section. However, to answer your question, either way can be profitable if you know what you are doing (mining) and/or what coin you are buying. There is an entire forum dedicated to mining because there are so many ways to maximize your profit using mining hardware. Do some research and you should be able to calculate by yourself which is more profitable.
Both are profitable but mining is very difficult compared to hodling I don't mean trading, but hodling might a little bit be boring, mining can be enjoyable for some people.
Lol you are very wrong at this dude, Mining is not profitable anymore until you will able to provide big hash rate to compete with another big miners. This has already become obligation for every new miners to able earn profit through their mining rig. And remember PoW as non-conservative system will try to do halving in every period. 
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
all depends from the market and your financial capabilities. At this stage, mining is more interesting because you always can get a coin and do not depend from the market position. When market is green for long time, I would choose the purchase of cheap coins.
mining is the best form direct coin purchase if you have your Owen extra income . in mining you just buy mining rig and mine the valuable coin you just pay electricity bill and get profit every day. the cost of mining rig on which you bought can be return guaranteed only electricity bill will you pay and then you will earn 3time profit of the electricity cost.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
Here is same situation i also invest my 14000$ on mining rig and start they mine they mine for me o.6 eth but the cost of electricity is 300$ was not profitable and sold out it on some loss for recover my money and then i invest my that money in some valuable altcoins it will give me highest profit and now i start trade in altcoin it is more better then mining. littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
mining is not profitable now,,
so, i suggest you to learn about trading my friend, you can increase your bitcoin or ethereum amount by trading
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
both have the advantage of just that I think making a direct coin purchase can be used as one good choice because buyers do not have to use big money like mining. so can buy coins directly according to financial ability. littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
I prefer mining.
Nice passive income. Also funny hobby
And if you are ready when a new projects goes live you can make nice profits in the first week!
Nice passive income. Also funny hobby
And if you are ready when a new projects goes live you can make nice profits in the first week!
well in my opinion mining in my country (third world country) is not worth it. take too many cost in electricity bill and rig maintenance
Both are profitable but mining is very difficult compared to hodling I don't mean trading, but hodling might a little bit be boring, mining can be enjoyable for some people.
Yes, mining requires a significant knowloedge in setting up linux server systems and operating IT infrastructures in general.You should also not forget about energy costs.
Both are profitable but mining is very difficult compared to hodling I don't mean trading, but hodling might a little bit be boring, mining can be enjoyable for some people.
It depends on what kind of strategies do you want to adopt. Personally I would go with mining and holding until the price is right 
I see people who made it though trading are also investing massively in mining to also produce the coin not only to buy it. It seems mining is something that everyone will do in the end.
Mining is profitable if you wait for a long time, now the difficulties increased and we have a lot of coins to mine little bit confused what to mine. Last year people mined ETH, ETC, LTC, Zcash etc all coins are profitable and the difficulty level also very less. Now the equipment cost is also high and making a profit is also not easy. So for me, direct coin purchase and trading are simple and profitable. I see people who made it though trading are also investing massively in mining to also produce the coin not only to buy it. It seems mining is something that everyone will do in the end.
I would rather choose buying coins and trade them. Some says its profitable in mining coins but I know you still have to buy a minimum amount to mine it. Just like me not having mining tools but still wanting to earn then its trading you should do. Buy and trade.
We know that mining required a big amount of money as capital to buy hardware and software needs and sometimes it takes a long time prior the return of or investment, while directly buying a coin still have some risk because we are not holding on every coins future and luck brings us to be profitable. 
It depends on what kind of strategies do you want to adopt. Personally I would go with mining and holding until the price is right
I see people who made it though trading are also investing massively in mining to also produce the coin not only to buy it. It seems mining is something that everyone will do in the end.
I see people who made it though trading are also investing massively in mining to also produce the coin not only to buy it. It seems mining is something that everyone will do in the end.
I would rather choose buying coins and trade them. Some says its profitable in mining coins but I know you still have to buy a minimum amount to mine it. Just like me not having mining tools but still wanting to earn then its trading you should do. Buy and trade.
I am mining various coins from the past 6 months but I did not take the returns what I have invested for my GPU rig. If you find the high electricity cost in your city or town you should not go with any type of mining mate.
Best you choice you use the time whenever the cryptos are dump and invest on those coins first.
After some weeks or month of time you will be find the coins rate will be bumped more in the market.
I would rather choose buying coins and trade them. Some says its profitable in mining coins but I know you still have to buy a minimum amount to mine it. Just like me not having mining tools but still wanting to earn then its trading you should do. Buy and trade.
If you have good conditions for mining why not? And I'll buy some BTC and continue mining in this case. BTC does not often happen. And it will as some diversification. If no good conditions and working asic even then only purchase
In my opinion, mining is not very profitable right now and time-consuming. You need to invest a lot of money in the mining hardware to be profitable and to stay competitive against others miners. I prefer to buy bitcoin directly and just hodl for a few years instead of mining.
you can do both and have the maximum profit possible.
how it works is that you choose altcoins that are most profitable based on factors that are affecting mining profitability like their difficulty. and then maximize your mining profitability.
then you can use the profit that you gain by dumping those coins to invest in other coins that are getting pumped. in other words you can become a short term trader and make a decent amount of money from that too.
how it works is that you choose altcoins that are most profitable based on factors that are affecting mining profitability like their difficulty. and then maximize your mining profitability.
then you can use the profit that you gain by dumping those coins to invest in other coins that are getting pumped. in other words you can become a short term trader and make a decent amount of money from that too.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
Hallo
At the moment mining is not very profitable and I'd prefer buying the coins directly.
If you have trading skills, you can earn more then mining + hold too.
I prefer direct coin purchase than mining if you have spare money. Mining needs equiptment maintenance and takes a long time to accumulate decent a value. While if you buy a coin directly you can sell it on a high price by leaving a sell order on trade.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
If you are afraid of taking risks it is better you go for minining and if you can take risk trading or direct purchase of coins is more profitable. I have not tried minining but I have been learning and trying to calculate how minining actually work and how profitable it was and one thing I find out is that it is less risky and also less in profit or return on investment. littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
Mining is also free heat in the colder months. Cost same per temperature unit to heat with electronics (miners, gpu, staking computers) as it does with electric heaters.
what will you do in hotter months
extra cost for cooling.i think direct coin purchasing for long term is more advantageous. mining hardwares are quickly became older. you can earn 1000 dollar in this month. but next mont it can drop to 500.
maybe your roi can be 24 month
All about hardware costs and solid setup planning +luck!
Things you can control, overview:
1. Entry price of hardware.
2. Costs of electricity.
3. Mining profit for the hardware at the current point in time and future curve if price of the mined coin(s) stays the same.
4. Setup preparation, failover measures, setup protection.
Things out of your control entirely or partly:
1. Mining profit from the entry point of hardware buy.
2. Software issues on upgrades.
3. Hardware failure, burned boards for ex.
4. Fire, water - anything that can damage hardware physically.
5. Gov regulation or other unlikely issues.
6. Theft physical and digital.
First things that came to my mind. May it helps
Things you can control, overview:
1. Entry price of hardware.
2. Costs of electricity.
3. Mining profit for the hardware at the current point in time and future curve if price of the mined coin(s) stays the same.
4. Setup preparation, failover measures, setup protection.
Things out of your control entirely or partly:
1. Mining profit from the entry point of hardware buy.
2. Software issues on upgrades.
3. Hardware failure, burned boards for ex.
4. Fire, water - anything that can damage hardware physically.
5. Gov regulation or other unlikely issues.
6. Theft physical and digital.
First things that came to my mind. May it helps
Mining is a longterm way to earn money from cryptocurrency, you need to invest a lot of money at the start but if you wanna buy cryptocurrency directly I think it's much better if you don't have much time to take care of mining . You just need to buy then hold as long as you want but with mining you need to spend a lot of time everyday to ensure that everything is still fine.
. You just need to buy then hold as long as you want but with mining you need to spend a lot of time everyday to ensure that everything is still fine. 
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
For me, mining experience wasn't profitable so I just left the mining and now just invest in ICOs and purchase coins through exchanges. I think now mining is profitable for deep pocket guys only.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
in my opinion, I will calculate which budget is bigger, if the cost incurred for mining is very big every month I better do inves or buy coins directly yes although a bit risky but will lower my budget.littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
Mining is also free heat in the colder months. Cost same per temperature unit to heat with electronics (miners, gpu, staking computers) as it does with electric heaters.
Buying directly will most likely give you a better result as you don't have to focus on mining startup costs, but mining if done correctly could get you a better base price especially if you enter a coin early on in its progression.
Both are very profitable and it will depend on you what you would want to invest your money and time just remember that both carry risks and you should know how to handle then. For instance mining is very stable if certain conditions are met like electricity, miming difficulties and altcoin price while in buying altcoins depending what you are doing the risk like for ICO is the threat of it being a scam or the alcoins does not have any value.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
in my opinion, I will calculate which budget is bigger, if the cost incurred for mining is very big every month I better do inves or buy coins directly yes although a bit risky but will lower my budget. littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
Mining takes a lot of effort and resources to see the fruits of your ROI, costly equipment to compete with other miners and to increase your hash rates, block rewards are being changed constantly depends on the altcoin itself, it needs cheap electricity to take advantage of its profit, location and the coins that you will mine, unlike with the purchase you just need some capital, right altcoin to invest, right timing and knowledge plus patience from holding.
Mining is in my opinion too much time and wealth consuming process. You need to be very proffessional at that coin to mine that efficiently. On the other hand buying off coins is so much easier, and you can do it in no time..
Overall both have their advantage and disadvantage like both need certain amount of money so you can simply make a profit, In advantage of mining if your miner will always make a ROI you will simply don't need to think about expenses because you are assured that you can pay for it because you are accumulating coins from the mining RIG, But if you your mining paraphernalia doesn't have enough ROI to accommodate all of its expenses then better stop and change the coin you are mining, or maybe your place of choice for mining is not compatible at all, Well just purchase Coin directly but it will take a lot of time before it profit when the value increases.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
Personally I think that buying coin directly is much more profitable because we can analyze the coin price. doing the mining requires a lot of things needed, we must determine from the beginning of the coin that we will mining and we admit all that it is very difficult.littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
In many countries that the cost of electricity is a scary thing because most of the operational costs should be used to pay for electricity. Oh yes we also have to have a very large capital to buy used hardware mining devices. So the conclusion that I would prefer to buy coin directly than have to do mining.
Mining is safe if very low income.But i'm not going to ICO investment,sometimes it was low risky now at the present time i see ico investment more risky this is my personal opinion.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
Here's the comparisonlittlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
Mining
- Longterm ROI (this will be suitable if there will be no halving and if the con will be getting another halving and then your ROI period will increase)
- ASIC domination, that means ASIC has been dominating all of the cryptocurrency right now and there is a lot of hash battle.
The only advantage from mining because you can get guarantee by owned your mining rig.
Direct purchase is much better compared with mining.
Speculative mining can be successful, pick some newer coins which have recently launched and mine as much as you can while the difficulty is low and then hold them until the price goes up.
Picking which coins to do this with can be difficult, but look at the team, if the website is professional, the roadmap and so on.
Picking which coins to do this with can be difficult, but look at the team, if the website is professional, the roadmap and so on.
my advise is just try to invest on ICO, do more research about the ICO you want to invest...you can thank me later if get many returns with this advise.
i'm not sure if direct purchase will reward more than you put on ICO.
ICO investment is little risky investment because we don't know the exact listed price and when it will growing forward but cryptocurrency investment is always safe we know the potential of the coin so we can invest easily and if you think it is bad for future anytime we can exchange our investment so I am not recommend to ICO investment. i'm not sure if direct purchase will reward more than you put on ICO.
Get a bunch of older cheaper computers and stake coins such as Truckcoin, RAIN, VersionCoin, Healthyworm, Chess, 808, Compound, BUZZ, StackBit and Growthcoin. They are high percent staking and low entry coins. I have some ASIC miners also but they are barely profitable in summer months. Staking is like mining but the entry fee is much lower. They are both ways of circulating the blockchain of the coin which will always be needed in cryptocurrency.
You can then sell the stakes for more blue chip coins.
You can then sell the stakes for more blue chip coins.
you can do both.
first of all you can always switch between the altcoins you are mining and mine the most profitable shitcoin, usually the one that is getting pumped. and by doing that you maximize your profit while mining.
then you can also trade these coins and make more profit with the profit that you make effectively increasing it even further.
first of all you can always switch between the altcoins you are mining and mine the most profitable shitcoin, usually the one that is getting pumped. and by doing that you maximize your profit while mining.
then you can also trade these coins and make more profit with the profit that you make effectively increasing it even further.
In case, you have the mining farm already or any other equipment where you can mine the coins, I'd better recommend you to use it - you do not risk ever.
you can do both.
first of all you can always switch between the altcoins you are mining and mine the most profitable shitcoin, usually the one that is getting pumped. and by doing that you maximize your profit while mining.
then you can also trade these coins and make more profit with the profit that you make effectively increasing it even further.
first of all you can always switch between the altcoins you are mining and mine the most profitable shitcoin, usually the one that is getting pumped. and by doing that you maximize your profit while mining.
then you can also trade these coins and make more profit with the profit that you make effectively increasing it even further.
my advise is just try to invest on ICO, do more research about the ICO you want to invest...you can thank me later if get many returns with this advise.
i'm not sure if direct purchase will reward more than you put on ICO.
It's good to be a ICO, but there are too many tricks now. How can you tell which projects are true?i'm not sure if direct purchase will reward more than you put on ICO.
my advise is just try to invest on ICO, do more research about the ICO you want to invest...you can thank me later if get many returns with this advise.
i'm not sure if direct purchase will reward more than you put on ICO.
It's good to be a ICO, but there are too many tricks now. How can you tell which projects are true? i'm not sure if direct purchase will reward more than you put on ICO.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
not profitable to invest 1-2 mining equipments. And depends on how high is electric charge in your country. Better to rent equipments from the farm. littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
Mining is not profitable again as long as you can compete with another miner, You can see why the majority of people are investing directly to the ico. Because if they are using small scale mining rig and that takes a lot of time for them all to get their ROI. Mining is not about electricity and cooling. Remember the block reward can decrease anytime. littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
I think now mining not profitable at all, only with big investment and cheap electricity. Better buy and hold some coins, you can make faster money than through mining
it depends on the coin that you are mining.
if you are mining a newly project,i think it would be better for you to mine it directly other than buying it.
because when you're mining it in an initial phase,you will get a lot of rewards from the blocks(let's assume it has a potential and value).
but if you are mining top cryptocurrency,i believe it would be better for you to buy it directly on exchange.
because it's wasting your time and effort to mine something like that.
if you are mining a newly project,i think it would be better for you to mine it directly other than buying it.
because when you're mining it in an initial phase,you will get a lot of rewards from the blocks(let's assume it has a potential and value).
but if you are mining top cryptocurrency,i believe it would be better for you to buy it directly on exchange.
because it's wasting your time and effort to mine something like that.
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
In my point of view Mining is more profitable if your country electricity cost is low since Mining is direct coin/token earning in the current price unlike Direct coin Buying you are not sure when the price is good till then what if the price will fall sharply your loss is hard to be imagined unlike mining if the difficulty is manageable with your Mining machines im sure you can earn some and if the cost of maintaining the machines +electricity is high you can simply unplug it thats simple.
my advise is just try to invest on ICO, do more research about the ICO you want to invest...you can thank me later if get many returns with this advise.
i'm not sure if direct purchase will reward more than you put on ICO.
i'm not sure if direct purchase will reward more than you put on ICO.
What do you think suits you..The risk of investment into the market need to be careful。
presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
This Topic is BLock
thank to all of you for your Nice Suggestion.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?
This Topic is BLock
thank to all of you for your Nice Suggestion.
Jump to: