Topic: To mine or invest? - page 4. (Read 5090 times)
For me. Investent is better than mining. Because in investment is more legit than mining. Im not saying that all minings are not legit or scam. But most of them are fake they will just scam you. Also in investment there is also a not legit. But in investment you can a sure that you can get more profite.
Mining is good for gamers , they already have hardware available ( GPU fast ) .
But not a gamers i think the best is investing .
That’s way too general of a statement. If your card isn’t latest generation AMD or Nvidia, mining profits will be minimal and most people won’t even bother mining with the small profits available right now for mining. This also delves into Altcoin mining which should be in the other part of the forum. It’s impossible to mine Bitcoin with GPUs as it stands today and this probably won’t change for a long time.But not a gamers i think the best is investing .
True. Real gamers who already had EXTRA high performance GPU can afford to waste time and electricity for mining. All other GPU's are better be used for what they meant to be) playin' games only..
Mining is good for gamers , they already have hardware available ( GPU fast ) .
But not a gamers i think the best is investing .
That’s way too general of a statement. If your card isn’t latest generation AMD or Nvidia, mining profits will be minimal and most people won’t even bother mining with the small profits available right now for mining. This also delves into Altcoin mining which should be in the other part of the forum. It’s impossible to mine Bitcoin with GPUs as it stands today and this probably won’t change for a long time. But not a gamers i think the best is investing .
Mining is good for gamers , they already have hardware available ( GPU fast ) .
But not a gamers i think the best is investing .
But not a gamers i think the best is investing .
Hey, total newbie here looking to break into collecting coins lol
What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
if your a newbie in the world of cryptocurrency then go on investing because investing is less hassel and dont requires technical knowledge or anything complicated and its way much easier to do compared to mining also mining are costly and expensive so i suggest better go on investing if you want to collect coins as long as you got a good capital to start with then your good to go.
He may be fine to invest more amount. If this newbie have a knowledgeable person in mining with him means he can really blood to invest on mining.
I think you are asking him concentrate on altcoin buying but you will not able to expect the profit in all the times with the altcoin but altcoin mining is seems profitable for Monero and Zcash now.
I think the question "to mine or invest" is pretty inaccurate for the following reasons:
1) Mining is also investing because you buy gadgets, software, or hardware premised on the expectation that you can recover what you have invested as operating expenses;
2) Both mining and investing project an assumption that what the business person has invested will most likely be recovered, earning profits therefrom; and,
3) Investing can be considered a verb for mining for all intents and purposes. This is self-explanatory.
1) Mining is also investing because you buy gadgets, software, or hardware premised on the expectation that you can recover what you have invested as operating expenses;
2) Both mining and investing project an assumption that what the business person has invested will most likely be recovered, earning profits therefrom; and,
3) Investing can be considered a verb for mining for all intents and purposes. This is self-explanatory.
Hey, total newbie here looking to break into collecting coins lol
What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
if your a newbie in the world of cryptocurrency then go on investing because investing is less hassel and dont requires technical knowledge or anything complicated and its way much easier to do compared to mining also mining are costly and expensive so i suggest better go on investing if you want to collect coins as long as you got a good capital to start with then your good to go.
Both are risky, as the price of crypto itself is unstable and creates the risk in mining. If your electrical cost is below $.10/kWh then mining may be profitable, depending on what algo you mine, what miner you use etc. For Bitcoin, the S/T9, R4, Avalon 7 and Ebit E9 are miners I know off the top of my head that would be profitable at that price range. They are as noisy as a vacuum cleaner running full blast (exception is the out of production R4 which is pretty quiet but unfortunately very unreliable), so if you aren't okay with this BTC mining isn't for you
Investing is also risky, and without research into a project and it's founders you probably won't make very much. With a lot of shitty projects these days designed solely for raising money and running I don't really suggest it anymore.
Investing is also risky, and without research into a project and it's founders you probably won't make very much. With a lot of shitty projects these days designed solely for raising money and running I don't really suggest it anymore.
It’s depend on your knowledge and the risk that you accept
mining => you must calculate the electricity price, you must buy a very good material (if not, you have some noise and a overheated equipment. Don’t forget the maintenance and the replacement of material.
I prefer use genesys mining even if there is always the risk that they close the contract
The most easier it’s to invest in coin. Of course you must take some news before buy some coin and accept the risk that your coin drop.
mining => you must calculate the electricity price, you must buy a very good material (if not, you have some noise and a overheated equipment. Don’t forget the maintenance and the replacement of material.
I prefer use genesys mining even if there is always the risk that they close the contract
The most easier it’s to invest in coin. Of course you must take some news before buy some coin and accept the risk that your coin drop.
For me both method is great, in mining method you need to consider lots of things before you start to build your own mining site like electricity rate in your country, your capital for buying hardwares, place that your mining hardware to be placed but if you can not provide that there is online mining sites or cloud mining but it is too risky than building your own mining site.
I agree that investment is a easiest method to earn money, there is nothing to do just to wait for your profit but it was a risky method also but the return is very huge profit.
I agree that investment is a easiest method to earn money, there is nothing to do just to wait for your profit but it was a risky method also but the return is very huge profit.
The most easiest way is just to invest in some alts: etherium, waves, wings, monero, dash or others that you will like!
I started with just one Antminer S9. It was a pretty good start for me, but might not be good for you. You could also invest in GPU miners.
If you wanted to invest in Bitcoin, I don't have any advice, sorry.
If you wanted to invest in Bitcoin, I don't have any advice, sorry.
Hey, total newbie here looking to break into collecting coins lol
What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
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