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Topic: Wanting to start, again.. - page 2. (Read 1154 times)

newbie
Activity: 2
Merit: 0
February 20, 2016, 03:16:30 AM
#3
There is really no such thing as a quick profit, pretty much getting lucky. So it would be a long haul thing. No way id make money money back, let alone a profit in the first month.
staff
Activity: 3500
Merit: 6152
February 20, 2016, 02:53:44 AM
#2
I personally would say it doesn't worth it , at least not like before .
Bitcoin value should continue to rise over the years , so if you are willing to wait few years (5-10) before selling then yes you may comeback to mining otherwise if you are willing for a quick profit then I'd say you should drop it .
newbie
Activity: 2
Merit: 0
February 20, 2016, 02:48:27 AM
#1
Hey guys, im wanting to start doing this again. Back in the day i was using GPUs and it was pretty long. These days i have a better income and was considering getting back into it using specific hardware.
I was looking at purchasing 2 Bitmain Antminer S5 miners to start with, then each fortnight buy another and so on.

Would it be really worth getting back into? After doing some searching today ive noticed the difficulty is so high that a month of constant mining would only accumulate 0.2 of a coin. Do you think Bitcoin will continue to increase in value?

Cheers.
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