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Topic: Newbie - Is it too late to start mining? - page 2. (Read 1402 times)

newbie
Activity: 18
Merit: 0
October 29, 2013, 11:53:25 PM
#1
Hi Guys,

Ive just found out about bitcoins thanks to Silk Roads demise, before that I thought it was some teenagers game. Smiley What happens to us when we grow old and start losing touch with technology.

Anyways, Ive been reading a bit about bitcoins plus some of the other digital currencies there are out there. Everytime I look at buying equipment I consider the price of the equipment, the electricity charges and wonder if it is still worth mining? Especially when all these new Cointerra machines and the likes are about to hit the scene. Once they do  im sure the difficulty level will sky rocket in days after people start receiving their machines.

So as a newbie who has limited funds, is it too late or would I be better off to mine a different currency hoping that it may eventually go up in value like bitcoin has?

Anyways this board has helped me a lot and I hope to learn a lot more.

Thanks


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