TBH i wasn't sure if i should mine Bitcoin or Litecoin, they both seem to be worth it and Mining Litecoin right now even as low as it is is worth it... i can build 5 rigs with a total of 40 gpus 60 Gh/s... mining is a snowball effect if you use the mining proceeds to expand there is a point at which adding more hardware just becomes less and less worth it though.
Topic: My Startup, Selling mining shares (Read 609 times)
Mining now is not worth it. You will gain much more by buying BTC and holding for a couple of weeks/months/years
Maria 2.0
Maria 2.0
Completely. Over the last few months I've just stopped thinking of mining as a reasonable source of income unless you're ready to drop some real dough to get yourself started. And even then it's unclear how long it will last.
Mining now is not worth it. You will gain much more by buying BTC and holding for a couple of weeks/months/years
Maria 2.0
Maria 2.0
It depends.. nobody knows what will happen next..
But I agree that in the long run, Bitcoin for sure will go up in price..
What's even worse - investing isn't worth it either right now.
Value of bitcoin is growing quicker than just about all potential investments.
Since share price of your investment is based on the value (or expectation of future value) of the investment, it would have to grow faster than the bitcoin value which right now is close to impossible.
Otherwise you'll most likely be loosing money.
Value of bitcoin is growing quicker than just about all potential investments.
Since share price of your investment is based on the value (or expectation of future value) of the investment, it would have to grow faster than the bitcoin value which right now is close to impossible.
Otherwise you'll most likely be loosing money.
Mining now is not worth it. You will gain much more by buying BTC and holding for a couple of weeks/months/years
Maria 2.0
Maria 2.0
This can be interesting. Tell me more.
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