My good friend started with mining ten months ago. He started with one rig. After three, four months he had four rigs. It seems like it is profitable since he expanded his 'business'. As I understand, only problem he could have was electric energy bills but he solved that problem by placing rigs on different locations(at his fathers house, mother house etc). Overall, he is not complaining, never had problem with hardware, he is still mining and saving his coins. He is trading too but is not good in it and his primary coin income source is mining.
Make analysis, see what you can get out of mining, I think that you can find that info easy, and decide
Topic: Trading or mining? - page 29. (Read 4807 times)
You always can invest in copper either by trading in the futures markets or by putting your investment dollars in companies that specialize in mining
If you can afford to setup good mining rig can make you profitable then it's a wise decision than find yourself in trading with too much pressure due to volatility. Although trading can give you much earnings if you will do more time and bigger capital.
Mining is the best thing, You have no problem just one time set up and all life get advantages by Mining but trading is a headache, when you have a mind of trading then you must watch different coins on daily basis check their updates and news and other people’s opinions on it there is totally tensions.
If there is money to invest, mining will be an option not bad. My country lives relatively cheap electricity prices, benefits are not lower than trading.
I prefer to trade, now we have to buy coins in the market, because all the coins in the trading market are decreasing, buy as much as we have capital, then trade with the long term, we will definitely have the profit very much.
This is more of a long term investment, you can’t earn money that quickly as you can by trading. On the other hand, It is also more risk free in the long run. All you will need is an initial investment, so you buy a decent hardware that you will mine with.
Bitcoin went trough its ups and downs, but mining bitcoins and altcoins is still profitable for a lot of the people. Otherwise, there would be no miners left. Miners are cruicial for sustaining the blockchain network.
Bitcoin went trough its ups and downs, but mining bitcoins and altcoins is still profitable for a lot of the people. Otherwise, there would be no miners left. Miners are cruicial for sustaining the blockchain network.
To me, it's trading. Because mining is too easy but it is not for everyone. Everyone can't bear mining cost or they can't make the environment for the mining. But, in trading, every crypto member can hold trading, short trading is not for everyone, ok, but hodl trading anyone can do it and it is very easy to do.
Mining isn't applicable to everyone, there are many things you need to consider if you want to start mining.
There are many things you will need if you want to mine crypto, some examples are, private database, A mining software,
house fan, specialized processing device , etc.
However in trading, trading also isn't applicable to everyone, trading is not that easy as what you think.
There are many things you will need if you want to mine crypto, some examples are, private database, A mining software,
house fan, specialized processing device , etc.
However in trading, trading also isn't applicable to everyone, trading is not that easy as what you think.
Then which is better? I think if we have the confidence and intentions and sufficient funds we can do it from mining to trading. But in my personal opinion, I will trade, where I do not need to be complicated to prepare everything, only with a capital of $ 100.
I really like trading.
Mining really seems to be good if you have enough capital to start with and much better to go in wide range than in small one. Mining competition is getting strong and yet, you need to set up huge enough mining equipments to catch up such competition and not just left behind.
Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.
Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.
Mining isn't applicable to everyone, there are many things you need to consider if you want to start mining.
There are many things you will need if you want to mine crypto, some examples are, private database, A mining software,
house fan, specialized processing device , etc.
However in trading, trading also isn't applicable to everyone, trading is not that easy as what you think.
There are many things you will need if you want to mine crypto, some examples are, private database, A mining software,
house fan, specialized processing device , etc.
However in trading, trading also isn't applicable to everyone, trading is not that easy as what you think.
Mining of cryptocurrency is still very lucrative and profitable cryptocurrency business. I know a lots of people tend to want to trade for quick buck, but I tell you, mining is more guarantee income!
Mining is a guarantee income if the cost of electricity in your area is cheap but for those country that has very expensive electricity, trading is better to do to earn profit.
Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.
Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.
Mining of cryptocurrency is still very lucrative and profitable cryptocurrency business. I know a lots of people tend to want to trade for quick buck, but I tell you, mining is more guarantee income!
Mining is a guarantee income if the cost of electricity in your area is cheap but for those country that has very expensive electricity, trading is better to do to earn profit.
Mining of cryptocurrency is still very lucrative and profitable cryptocurrency business. I know a lots of people tend to want to trade for quick buck, but I tell you, mining is more guarantee income!
I think trading is better than mining, especially market conditions that are difficult to guess and seem to decrease while maintenance costs still even increase so that it is more difficult to profit if we are mining, while trading is simple.
Mining, you have to get hardware and it cost a lot, then the electricity you need and then maintenance. It will cost you a lot before you can even break-even. Cloud mining? I doubt, because there's a lot of scams. Trading, there is risk involved, but at least you have total control or can even mitigate the risk. So the better option here is to do trading, if you got lucky and invest in a coin that when big then its like a windfall or hitting a jackpot.
Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.
I personally suggest you to invest in cryptocurrency instead of mining, For mining you should spend more money for rig and mining setup and you have to moniter. It is headache for you, always we cannot taking care of mining tool. some might feel lazy and also mining difficulty is increasing day by day. And the main reason is electricity bill will be very high so profit would be less. if you spend that in investing area, easily you can gain profit.
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