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Bitcoin => Bitcoin Discussion => Topic started by: peroksid90 on July 19, 2021, 05:12:09 PM



Title: Mining vs Holding
Post by: peroksid90 on July 19, 2021, 05:12:09 PM
I have developed a project
https://github.com/peroksid90/crypto_calculator

to compare mining vs holding. Contributions and comments are welcome.

For example,
you have 2500 $.
You can buy a miner or just invest this money to BTC.
Which is better in the long run?

https://github.com/peroksid90/crypto_calculator/raw/main/demo2.png?raw=true

So at the end we see:

the worst case: do mining and sell mined profit every day (red line) (7300$)
the better: just buy and hold (olive line) (8200 $)
the best: do mining and don't sell. (magenta)  (12500 $)

magenta and red doesn't include the miner market price. So actually we should add it to the profit, because the equipment price is also rise(even used).




Title: Re: Mining vs Holding
Post by: Saidasun on July 19, 2021, 06:05:52 PM
In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.


Title: Re: Mining vs Holding
Post by: Upgrade00 on July 19, 2021, 06:12:37 PM
The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.
Mining also has its fair share of risks, most shared with the average investor and some risks of its own; such as stead source of affordable electricity, change in difficulty level overtime, competition from more modern mining gear, maintainance, drops in coinbase reward etc. If one does not know what they're are doing an has a limited capital, investing directly would be the best bet, and is more passive than mining.


Title: Re: Mining vs Holding
Post by: Saidasun on July 19, 2021, 06:16:23 PM
Mining also has its fair share of risks, most shared with the average investor and some risks of its own; such as stead source of affordable electricity, change in difficulty level overtime, competition from more modern mining gear, maintainance, drops in coinbase reward etc. If one does not know what they're are doing an has a limited capital, investing directly would be the best bet, and is more passive than mining.
I would say that frequently investing in Bitcoin and taking out would probably mean that you would either be waiting a lot of time or would make multiple bad investments and end up losing money. Mining while it does have issues with difficulty rising and electricity costs at least electricity costs are stable and you would know in advance if the electricity was going up. The government usually let us know at least 3 months in advance but it has not changed in many years.


Title: Re: Mining vs Holding
Post by: Pmalek on July 19, 2021, 06:20:07 PM
I would pick investing/buying bitcoin over mining. You need time and patience to pay off the costs for your mining equipment to start generating profits. But if just buy bitcoin and it goes up by 2%, you are already making gains minus any fees you might have had. Not to mention that mining gear isn't that easy to come by and the producers can't produce enough to meet the demand. Your equipment can become faulty, break, overheat. Your software can crash in the middle of the night or during the weekend while you are away from home. You need some technical knowledge to mine while any computer-literate person can buy a coin on an exchange.   


Title: Re: Mining vs Holding
Post by: Desmong on July 19, 2021, 06:38:47 PM
There is a huge difference between mining and holding and it's also depends on what you are mining if it's Bitcoin or altcoins. If you are mining Bitcoin, you will need to be patient and get all necessary tools that are needed to scale through because to mine Bitcoin at this stage, it will require sophisticated softwares, adequate power supply and other tools to really mine some profitable coins. Remember mining would require a lot of funds compared to holding and there is no guarantee that you are going to be profitable from it at the end and when you substrate your expenses from what you have mined, you might not be that profitable if you are new to it.


Title: Re: Mining vs Holding
Post by: tabas on July 19, 2021, 07:56:15 PM
The two can't be compared if you have a different view about mining and holding. If you're for the profit then for sure you'll be choosing the one that can generate you much profit no matter how much the capital is needed. Mining isn't just all about profit, there's expenses, maintenance while holding, you really do hold it and do nothing except adding more and selling.


Title: Re: Mining vs Holding
Post by: Vaskiy on July 19, 2021, 08:01:09 PM
There'll be difference of opinion. I'll go with the buying, holding and trading. When we talk of mining it gives regular earning, but it has got more risk and other complications. We need to have stable electricity, separate cooling system and more other sources to make the miner run without issues. If something goes wrong or if there is a need for service. At times we are supposed to replace completely. You need to find a hosting service, and you need to pay for them. Rather than overcoming all this issues and risks it is good to buy, hold and trade to increase the capital.


Title: Re: Mining vs Holding
Post by: hatshepsut93 on July 19, 2021, 10:27:32 PM
I'm pretty sure that in many jurisdictions mining at home would be illegal, because it's misuse of residential electricity that is sold cheaper than commercial. It's also a fire hazard, there have been reports of house fires caused by mining equipment. So, if you don't want to have problems, you should rent some place for your miners, which also increases the costs. This means that the barrier of entry for mining is quite high, while with hodling you can chose any amount.


Title: Re: Mining vs Holding
Post by: sheenshane on July 19, 2021, 11:32:50 PM
Bitcoin mining and investing are quite different, not all places mining is profitable and it depends on how much your electricity bill in your place that should be cheaper one.  Another factor is if in your place crypto mining is allowed because there are some countries that mining is strictly prohibited.

Whereas investment in Bitcoin is all you have to do is wait when the market price goes up and when your profit was there, but honestly they had different actual ROI.

If I were you, you can calculate and analyze which better them, because all of these kinds of investments are very risky.


Title: Re: Mining vs Holding
Post by: GreatArkansas on July 19, 2021, 11:39:57 PM
(....)
the worst case: do mining and sell mined profit every day (red line) (7300$)
I believe that this is extremely worst, especially for those miners who started during a bear market.
And another worst thing is a miner who is new but chooses to hold their mined Bitcoin instead of selling it just to get back first the investment, which if I will to choose to mine, I will do it, sell it everyday just to get first my investment and also consider the bear market/bull market.


Title: Re: Mining vs Holding
Post by: Dave1 on July 20, 2021, 01:14:59 AM
And for sure holding will be the majority of choices here.

In Mining there are a lot of factors to consider, obviously you should live in a country wherein electricity is quite cheap, and then the space itself and the mining gear, as far as I know it's hard to acquire the hardware currently.

So in the long run it's better to invest and then hold for long term. Less hassle on your part. In any case, this tool might be helpful for those who want to try mining.


Title: Re: Mining vs Holding
Post by: mindrust on July 20, 2021, 01:57:15 AM
Mining is not worth your time. Those miners can become unprofitable easily when the prices go south and then you'll have to stop mining and your hardware price will also go down.

Sure, the investors will also lose money in that scenario but unlike you that hold both the coins and the hardware, they only hold coins which are more liquid, which means less headache.

Really, mining is just a way to torture yourself. I wouldn't touch any miners unless I got some "free" electricity.


Title: Re: Mining vs Holding
Post by: Anonylz on July 20, 2021, 05:40:51 AM
Buy and hold still the best, with $2500 is a good amount to buy btc and hold for the time duration you intended, but with that amount i doubt you can get all you need to mine btc, the most pressing part of mining is the constant usage of electricity which is inevitable in this situation, depending on what you are getting in return, i don't think it is necessary to go through all that stress, the only thing you need in holding is 'patience' it may sound simple but not very many people possess it, no need for hardware or electricity.  :)


Title: Re: Mining vs Holding
Post by: traderethereum on July 20, 2021, 06:27:56 AM
I prefer to buy and hold than mining because your calculations can not work in many countries, especially if they have a high electricity fee.
Unless you have a lower electricity fee, you will hard to make a profit, and that will giving you a high fee for electricity.
If you have $2,800, I suggest you buy and hold and do not use that money in bitcoin to trade, especially if you do not have skills in trading.
But if I can install solar panels at my home and do not use my current electricity energy, I will try to mine bitcoin and see how big the reward I can get.
That will depend on you because you know how much electricity fee that you should pay.


Title: Re: Mining vs Holding
Post by: Ararbermas on July 20, 2021, 06:30:12 AM


For example,
you have 2500 $.
You can buy a miner or just invest this money to BTC.
Which is better in the long run?

on this situation probably mining is more profitable than investing in bitcoin, but when it comes mining it's too expensive because like what you said before you can build miner you need to complete first those requirements in order to mine bitcoin..unlike investment wherein effortless.  Infact if your plan is for long term then perhaps it's still a good idea to invest than to build miner because it's too expensive and for sure there's no big difference when it comes profits that you will earn on it after all.


Title: Re: Mining vs Holding
Post by: MrcMrc on July 20, 2021, 07:23:59 AM
If you have the mining tools, then mining is more profitable than holding because while you earn profits from mining you can keep holding the profits in bitcoin so you are a bitcoin miner and a bitcoin holder, which gives you double income.


Title: Re: Mining vs Holding
Post by: Wexnident on July 20, 2021, 07:43:55 AM
I'd go for Holding. It's like skipping the entire process of steps that Mining has and just straight-up buying, then hodling. There's a lot of setup and prior costs that you'd actually need to spend when trying to set up mining rigs, not to mention that it'd be close to a farm if you actually want to profit off of it. There's also the issue of permissions and whatnot since you'd be sucking up a LOT of energy from whatever source your place currently has.

It's all dependent on how much effort you want to spend, but even then, I'd honestly recommend holding more than mining just because of the effort time and money mining needs before you actually profit.


Title: Re: Mining vs Holding
Post by: Weber45 on July 20, 2021, 08:08:56 AM
The two can't be compared if you have a different view about mining and holding. If you're for the profit then for sure you'll be choosing the one that can generate you much profit no matter how much the capital is needed. Mining isn't just all about profit, there's expenses, maintenance while holding, you really do hold it and do nothing except adding more and selling.

Yeah, I actually think the same. Mining isn't always only about profit


Title: Re: Mining vs Holding
Post by: maxreish on July 20, 2021, 10:58:23 AM
With the expensive electricity bill consumption, I would rather go cobaider buying and investing bitcoin which I am doing since 2018. Not all can afford the mining machine + time and effort + electricity. But if one will just invest their money  which you will just wait for the good opportunity to rise which many are doing.

But then, we have different point of views when it comes to investing. Other may still prefer mining as bitcoin's value is worth enough to mine and to sell in a perfect time.


Title: Re: Mining vs Holding
Post by: the rise on July 20, 2021, 12:21:49 PM
I think miners, because miners were an early community of bitcoins, they were more understanding of bitcoin, and they were rich people, had a lot of bitcoins to date, there were no small bitcoin miners, they always had large amounts of bitcoin. In addition, miners, are a community with strong fundamentals, are not easily moved, and have full support with bitcoin.


Title: Re: Mining vs Holding
Post by: CryptoStar19 on July 20, 2021, 12:30:38 PM
Both holding and mining have risks in terms of downward price action, however with mining the risks are just more. If you are simply holding and prices go down you can always wait for a recovery, but if you are mining and there is a crash it can make mining not just unprofitable, but even causing a loss depending on your power source and how up to date your rig is...


Title: Re: Mining vs Holding
Post by: CryptopreneurBrainboss on July 20, 2021, 12:39:34 PM
Since you didn't give any condition for your questions like having limited funds or you can only have the stated amount above, I'll say if you8 have the funds why not do the both. You can mine as well become a holder. You don't just have to sell the Bitcoin you mined as the results showed it'll be more profitable and chances are it'll even be more than what it's estimated there.

Or you can become a miner and still have funds to do investment, just that the mined coins would be sold for profit and used for your needs while the investment stays active until it's matured enough for you to decide what to do with it by either selling all or cashing out some fractions. Both mining and holding (investment) has it benefits. Miners get the opportunity to receiving virgin coin, coins that they were the first to own.

I mean that's a very special thing considering how rare this currency would be in future considering it just has 21million in supply. Soon there won't be enough to go round and having the opportunity to own one right now without having to pay for it literally is something worth holding.


Title: Re: Mining vs Holding
Post by: avikz on July 20, 2021, 02:12:38 PM
I believe it's an individual choice whether to mine or hold or trade to make money. In all 3 instances, bitcoins have to be sold to realize the profit. I personally am a short term trader who identifies the moving average and trade accordingly to make money. I could have mined as well but I prefer a noiseless environment and when trading keeps me well fed, it makes no sense for me to mine.

Holding bitcoins is a different ballgame altogether. It depends on an individual's risk appetite and also depends on time. If someone has entered into the market in early days, they will definitely prefer holding. But if someone has entered at 50k price point, they will either sell off in loss or wait for a better time. In a nutshell, these are personal preference.


Title: Re: Mining vs Holding
Post by: SFR10 on July 20, 2021, 03:30:53 PM
you have 2500 $.
You can buy a miner or just invest this money to BTC.
Which is better in the long run?
I'm sure most of us, can easily argue on both sides when it comes to the pros and cons of each [results may vary depending on your situation].
- Personally, I prefer purchasing a miner > use it until it doesn't make sense [regardless of the ROI and profits] > sell it > purchase a "better" one > repeat the process [this is just the short version and others have already mentioned most of the risks].

Mining while it does have issues with difficulty rising and electricity costs at least electricity costs are stable
I wish I could say the same [highlighted part] thing about mining rigs as well.

You need some technical knowledge to mine while any computer-literate person can buy a coin on an exchange.   
And they could lose everything if they're not careful enough [unfortunately].

In Mining there are a lot of factors to consider, obviously you should live in a country wherein electricity is quite cheap,
Or you could use hosting services from a country that has a cheap electricity rate.

I'd honestly recommend holding more than mining just because of the effort time and money mining needs before you actually profit.
The same [highlighted parts] can be said about hodling as well.

Miners get the opportunity to receiving virgin coin, coins that they were the first to own.
That's not always the case [in general].


Title: Re: Mining vs Holding
Post by: Silberman on July 20, 2021, 05:19:44 PM
In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.
I agree, I had been tempted by the idea to mine my own bitcoin but at the end I decided against it as I was not sure I would be able to do it with my current level of knowledge and as such I prefer to buy bitcoin and just hold it, according to the OP this will be less profitable than mining and holding but this is not a problem for me as not everything can be about the profits, as I have a job and I do not have the time to dedicate to anything else at the moment so the easier and faster route of just buying bitcoin and holding it is better for me.


Title: Re: Mining vs Holding
Post by: Core.i7 on July 20, 2021, 05:31:38 PM
I have developed a project
https://github.com/peroksid90/crypto_calculator

to compare mining vs holding. Contributions and comments are welcome.

For example,
you have 2500 $.
You can buy a miner or just invest this money to BTC.
Which is better in the long run?

https://github.com/peroksid90/crypto_calculator/raw/main/demo2.png?raw=true

So at the end we see:

the worst case: do mining and sell mined profit every day (red line) (7300$)
the better: just buy and hold (olive line) (8200 $)
the best: do mining and don't sell. (magenta)  (12500 $)

magenta and red doesn't include the miner market price. So actually we should add it to the profit, because the equipment price is also rise(even used).




Mining is a difficult process as compare to the investments. In mining you have to bought the equipment and also bear the cost of electricity. In investment you only have to invest and hold. You can choose mining is you have large capital.


Title: Re: Mining vs Holding
Post by: Shenzou on July 20, 2021, 06:01:10 PM
I think when it comes to mining you have to take in consideration the cost of electricity, since it varies from one place to another the cost versus the profit that you would get from mining is much more variable, and the investing and holding is really dependent on how much you put into it, so if you really want to mine bitcoin efficiently you should think about making an investment into some clean energy production system like solar panels if you want to make bitcoin for free.


Title: Re: Mining vs Holding
Post by: DarkDays on July 20, 2021, 06:16:20 PM
In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.
I wouldn't think that mining is passive even if you do manage to get away with paying cheaper electricity. By definition passive earning is not some action at a reduced cost by involves you not doing anything.

As for mining vs holding, these days you can't compete with the mining gear pros have it requires too much of an initial investment which is why in my opinion holding is the better deal.


Title: Re: Mining vs Holding
Post by: temple on July 20, 2021, 07:42:25 PM
In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.

Well, even if you had the opportunity to fill a warehouse and also have cheap electricity prices, the actual bottle neck will still be whether or not you can get your hands on a certain number of miners. The companies developing that stuff are also mining companies themselves. If they have cutting edge technology, they use it first and sell it to the retail market when they are 90% through with developing the next generation miner that's outcompeting the predecessor. 


Title: Re: Mining vs Holding
Post by: ninkdwi on July 20, 2021, 08:09:59 PM
all will have their respective risks and benefits because basically both mining and holding both have advantages and disadvantages between the two.
to mine might be very good because we get passive profits from there but this also has risks and depends on the investors who are there because the more investors, the less passive you will have. but maybe you will be more relaxed because you already know the passive income you have is already listed in nominal.
and to become holders, we also have risks and things that need to be considered, such as how long we want to be hodlers and what the prospects will be like.
but apart from that i like mining more than holders :)


Title: Re: Mining vs Holding
Post by: teosanru on July 20, 2021, 09:19:28 PM
I have developed a project
https://github.com/peroksid90/crypto_calculator

to compare mining vs holding. Contributions and comments are welcome.

For example,
you have 2500 $.
You can buy a miner or just invest this money to BTC.
Which is better in the long run?

https://github.com/peroksid90/crypto_calculator/raw/main/demo2.png?raw=true

So at the end we see:

the worst case: do mining and sell mined profit every day (red line) (7300$)
the better: just buy and hold (olive line) (8200 $)
the best: do mining and don't sell. (magenta)  (12500 $)

magenta and red doesn't include the miner market price. So actually we should add it to the profit, because the equipment price is also rise(even used).



A better option than both is staking. If you stake in the bearish phase of the market and continue staking till the bull run, there is no better investment option than staking any coin. Also unlike mining staking requires no space therefore you just need the wallet or staking can even be done with exchanges these days which makes it even easier. Many coins give around 20-30% yield per year which is pretty good if combined with price movements.


Title: Re: Mining vs Holding
Post by: fara_buduk on July 20, 2021, 10:29:43 PM
both are very good things but in my opinion mining is better because we can collect and hold it until the market pumps at a high price whereas holding can only wait to make profits in unpredictable terms


Title: Re: Mining vs Holding
Post by: GoingIntoAction on July 21, 2021, 12:35:23 AM
I tried mining many times, first i tried mining with bitcoin when the price was 700 dollars, i spent 7000 euros in mining, and yes i made good money, like 2 bitcoins, but if i would have bought i'd have around 10, the difference is clear. After some time i tried again, this time with graphic cards mining altcoins, and it happened again, i'd have won 10 time more if i did buy.
And that's why i don't mine anymore, i only do it now with the rest that i got but i don't buy new equipments.
Mining can be very profitable with horizontal price swings, but with these strong revaluations that cryptocurrencies kept having, it's complicated that the profitability of hodl look alike when mining, also when the price is high the difficulty usually is high too, so you can't benefit the revaluations while mining the same way you benefit from hodl.
Maybe when the revaluations aren't that strong or the prices are more stable, mining will be more interesting. 


Title: Re: Mining vs Holding
Post by: BaeSuzy on July 21, 2021, 02:49:21 AM
I don't have a lot of time to set all of that mining stuff because i quite busy with my real life (working and teaching my son). So i prefer to investing instead of mining, further more if we're looking in this market situation i think it's very dangerous to spend money into mining stuff. Most of my friends already sell all of he's VGA and i think thats the right choice to do in this current situation.


Title: Re: Mining vs Holding
Post by: indo1 on July 21, 2021, 02:54:03 AM
Holding looks simpler and also inexpensive in terms of capital, in contrast to mining that must have rig mining, plus expensive electricity costs, holders only need to support in the long run, and it looks much simpler, with the same profit as miners.


Title: Re: Mining vs Holding
Post by: indo1 on July 21, 2021, 02:55:51 AM
Holding looks simpler and also inexpensive in terms of capital, in contrast to mining that must have rig mining, plus expensive electricity costs, holders only need to support in the long run, and it looks much simpler, with the same profit as miners.


Title: Re: Mining vs Holding
Post by: Hendra gunawan on July 21, 2021, 07:21:03 AM
I prefer holding over mining.  because mining requires a large enough capital to buy a VGA.  Then the electricity cost per month for mining is very expensive.  Holding is very flexible whenever we can immediately sell our assets for take profit.


Title: Re: Mining vs Holding
Post by: tygeade on July 22, 2021, 04:53:56 PM
It’s not a new thing that mining is an expensive business to do this time around. A lot of people are even running away from it because of the cost that comes with it. People that I see around who are into mining are mostly cloud mining. Big companies with big mining farms has taken over the mining space.

So, this time a better thing to do is investment. Even when you are doing investment you still have to be careful and calculate your moves to avoid making mistakes that will cost you money. Though the good thing about mining is that if you have enough money to start up a mining farm and also have affordable electricity to run, you’re sure of making income. Investment is best for those that doesn’t have enough for mining.


Title: Re: Mining vs Holding
Post by: Btcvilla on July 22, 2021, 06:03:58 PM
everyone will probably prefer mining bitcoins instead of holding, maybe because of several factors that influence it, if we invest in bitcoin for a long time and also the purchase price is very cheap for now, maybe we just need a little patience before we start to enjoy these results, maybe it is more inclined to the perception of each for each investor, but for me I will prefer bitcoin with a long period of time


Title: Re: Mining vs Holding
Post by: Lanatsa on July 22, 2021, 10:59:26 PM
Majority would be choosing on holding bitcoin instead of mining since not all would really be that knowledgeable even with just talking on the technical aspect or setting it up

plus several factors which would really be a big headache to everyone because it isn't something a cheap thing  that everybody could dive in plus the profitability would always be in question.

Electric cost, taxes, regulation will really be the main problems if you do pursue out mining because this is where your profit would depend on.


Title: Re: Mining vs Holding
Post by: TelolettOm on July 22, 2021, 11:05:42 PM
For this time, I will exactly prefer to investing mining.
Mining right now probably can profit less because of the high costs to spend.Moreover if mining equipment and cost at first is not high at all. Actually, mining maybe still worthy if we have lots equipment with high income.
Investing is more to put our money and let it be in our wallet. So that it doesn't need any special treatment. Justhiodl and wiat until the target prices are coming.


Title: Re: Mining vs Holding
Post by: BuNga_cute on July 22, 2021, 11:10:19 PM
Majority would be choosing on holding bitcoin instead of mining since not all would really be that knowledgeable even with just talking on the technical aspect or setting it up

plus several factors which would really be a big headache to everyone because it isn't something a cheap thing  that everybody could dive in plus the profitability would always be in question.

Electric cost, taxes, regulation will really be the main problems if you do pursue out mining because this is where your profit would depend on.

I agree mining is too complicated to do, because to be able to get profit from mining is not as easy as getting profit from holding Bitcoin. I have tried
mining a few years ago, there are a lot of technical problems that we have to learn. Not to mention the purchase of expensive mining equipment,
then the large electricity costs and maintenance costs which are also not cheap. With all these things for now I prefer holding Bitcoin, because it is
enough to collect as much Bitcoin as possible according to our respective financial conditions, and be patient holding Bitcoin until the price rises to reach
the target we set. It is very simple to get profit from holding Bitcoin.


Title: Re: Mining vs Holding
Post by: TimeTeller on July 22, 2021, 11:11:54 PM
For this time, I will exactly prefer to investing mining.
Mining right now probably can profit less because of the high costs to spend.Moreover if mining equipment and cost at first is not high at all. Actually, mining maybe still worthy if we have lots equipment with high income.
Investing is more to put our money and let it be in our wallet. So that it doesn't need any special treatment. Justhiodl and wiat until the target prices are coming.

It depends also with the financial capability of the user.
Some users can't afford an outright investment in mining equipment.
Because the truth is, you really need to shell-out a good amount of money before you can set-up your mining rig.
So some are venturing the route of buying and holding, because they can buy any amount that they can afford at that time.
But if you are really into mining, better invest also in solar or wind energy sources. It may incur good money at the start but once you recover your initial investments, it is already free afterwards.


Title: Re: Mining vs Holding
Post by: v3liana on July 23, 2021, 01:13:07 AM
I'm not smart enough to build PC and setting the mining RIG. In my perspective it's very hard to do and very complex to do it.

So i prefer to holding instead of mining, what i need to do just finding some good coins with amazing concept then do a research everything about that project, if i think this is a good project and matched with my profile investment then i just need to put my money into that project.


Title: Re: Mining vs Holding
Post by: rikybrosh on July 23, 2021, 02:02:09 AM
I prefer like to do Mining, I don't like to let my money stop moving. I think if I invest my money to something rhat profitable then it will contribute to the economy. But if there is a project that is more profitable than mining then I will choose that project. I like to have passive income but if there are something that more profitable then I will just buy 1 minning tools and the rest of my investment fund will be invested to that project. I don't like only holding money except Bitcoin, ETH, TRX and some profitable cryptocurrencies.


Title: Re: Mining vs Holding
Post by: vania vin on July 23, 2021, 03:00:30 AM
Right now I'm choosing hold because the price of coins is going down like coin eth and coin bnb, I'm sure in the future the price of eth and bnb coins will go up drastically, this is a good opportunity to buy these two coins, don't waste this golden opportunity.


Title: Re: Mining vs Holding
Post by: ethereumhunter on July 23, 2021, 03:01:14 AM
I'm not smart enough to build PC and setting the mining RIG. In my perspective it's very hard to do and very complex to do it.

So i prefer to holding instead of mining, what i need to do just finding some good coins with amazing concept then do a research everything about that project, if i think this is a good project and matched with my profile investment then i just need to put my money into that project.
Yes, it needs more knowledge and skills to build a PC and set the mining rig but you can get that info by browsing the internet. Holding the coin will be preferable for people who do not want to spend more money to buy the equipment because they also need to set a room for mining which can cost them more money. Besides that, mining will need many things to set up and the reward can not be as what we want because that will depend on the hardware itself.


Title: Re: Mining vs Holding
Post by: Dread Pirate Roberts on July 23, 2021, 03:34:08 PM
Mining its not easy . its not only like calculating hash powers and estimate daily earning . there is much thing to do to calculate all those things such maintenance mining rig . cost electricity . miner running 24x7 sometimes also technical problem might be appear. and so on. sometimes the cost are more expensive if people are not really experienced with this thing. but if people are experienced with mining . mining are profitable.


Title: Re: Mining vs Holding
Post by: mckinleeanael07 on July 23, 2021, 04:34:07 PM
In my opinion, I don't like mining because it's too polluted, the investment environment is high and very difficult, prepare everything, if you have $2,500, invest in buying BTC easily and quickly, just recharge and go online Then place an order and buy it, it's great.


Title: Re: Mining vs Holding
Post by: clint25n on July 23, 2021, 04:47:06 PM
both of them.have different views.between holding or mining, if.we are the majority.of bitcoin miners.maybe we really need a lot.of patience.in going.through the bitcoin mining process, because it takes.a long time, but if. ???we are really bitcoin investors.this is.normal to running a business.that is.enough to make us faced.with a process of more patience.time to start a business.in contrast to the altcoins.that we live only require a short time for the miners


Title: Re: Mining vs Holding
Post by: Obi theo on July 23, 2021, 05:00:49 PM
Personally ,I will go for holding, both are risky ,and we need risk to make profit in almost all aspect of Crypto , but mining on the other hard is stressful , consumes energy , power etc... And what you earn from mining would be a little amount
 Holding it also risky but it safes a whole lot of stress and energy. why mining when you could buy the token or coin at a lower rate then sell when it moon.
I talk on my own point on view.


Title: Re: Mining vs Holding
Post by: ChiBitCTy on July 23, 2021, 06:41:17 PM
I often have friends and family members reach out to me asking about bitcoin/mining etc knowing that I've "been in to" bitcoin/cryptocurrency for several years now.  What most people I don't think realize is that to be able to mine bitcoin, the setup would cost you an absolute fortune.  Then you have to be able to purchase all the equipment which is at a premium and hard to find right now.  I think for the VAST majority of people, sticking to just Holding makes much more sense.


Title: Re: Mining vs Holding
Post by: ReiMomo on July 23, 2021, 06:42:52 PM
I would peacefully hold then go for mining. I have experience in both. I had to spent more time and energy towards mining. but obviously holding did not require all these except my patience. Just need to keep updating oneself with news around the coin we are holding. Always choose the best coins. Choosing the right coin will certainly yield a good profit when holding and selling at the right time.


Title: Re: Mining vs Holding
Post by: imstillthebest on July 23, 2021, 06:47:10 PM
I prefer holding over mining.  because mining requires a large enough capital to buy a VGA.  Then the electricity cost per month for mining is very expensive.  Holding is very flexible whenever we can immediately sell our assets for take profit.
but of course if you mine the results will also be quite large because every day we get passive income and maybe it is true that mining requires capital first. but actually the feedback income is also much better I think.
and to hold is indeed more flexible but you have to be really patient when on this path
both require capital but only mining requires a little more because you need to buy a hardware that is up to date to mine effectively and mining uses more resources so you first need to recover your expense before saying your earning ,
 this is why  mining needs more patience than hodling .
when you hodl you can also get passive income  but maybe not everyday because market can experiece a decline .  


Title: Re: Mining vs Holding
Post by: geegaw on July 23, 2021, 06:56:09 PM
I'm not smart enough to build PC and setting the mining RIG. In my perspective it's very hard to do and very complex to do it.

So i prefer to holding instead of mining, what i need to do just finding some good coins with amazing concept then do a research everything about that project, if i think this is a good project and matched with my profile investment then i just need to put my money into that project.
Sometimes you don't need too much intelligence, you just need money and hire people who can take care of the mining equipment and program its working links, the boss is just a manager in the back and gives an expression of satisfaction or dissatisfaction with the employees, knowledge is not too much, knows a thing or two about mining mechanics and profits and risks is enough. I quite like mining when recently, China's policy is opening up new policies of other countries in supporting mining, with conditions for mining to be more favorable.


Title: Re: Mining vs Holding
Post by: Tigerheart3026 on July 23, 2021, 07:05:57 PM
i have a lot of interest in learning about mining in depth but as far as i understand there are complications in getting it started as like powerful computer,high cost power supply,mining software and many more things.

so in case holding is easier for me than so much difficulties in mining.


Title: Re: Mining vs Holding
Post by: Silberman on July 23, 2021, 08:26:03 PM
In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.

Well, even if you had the opportunity to fill a warehouse and also have cheap electricity prices, the actual bottle neck will still be whether or not you can get your hands on a certain number of miners. The companies developing that stuff are also mining companies themselves. If they have cutting edge technology, they use it first and sell it to the retail market when they are 90% through with developing the next generation miner that's outcompeting the predecessor. 
Correct, it would not make sense for them to sell that technology without using them for themselves, so when you are faced with the kind of competition unless you are an expert on the topic and you have access to dirt cheap electricity then it is better to skip all of those additional steps to get bitcoin and just buy it and hold it, which is hard enough as it is for most newbies and there is no point to adding so much complexity right off the bat.


Title: Re: Mining vs Holding
Post by: Wakate on July 23, 2021, 08:34:52 PM
I think for a person to mine a coin, there is need to have plenty of money and equipments and softwares for the mining to be profitable. Holding means buying a coin and leaving it for plenty of time for it to gain value before selling it. Mining might be immediately while holding is time consuming. Mining requires mining equipment and sophisticated softwares while holding need patience and time to make profits.


Title: Re: Mining vs Holding
Post by: amihada on July 24, 2021, 01:35:32 AM
I prefer to hold because holding only takes time and patience, but don't buy coins carelessly, you can lose, if you want to hold, choose coins that have potential like eth coins, you will definitely get profits in the future.


Title: Re: Mining vs Holding
Post by: Brorasael17 on July 24, 2021, 02:19:04 AM
actually mining is not necessarily profitable.  First, the capital to buy a computer is expensive and the cost of electricity is large.  I myself have never thought about mining, it's better to buy directly coins that we think are good.


Title: Re: Mining vs Holding
Post by: Xinarae* on July 24, 2021, 03:53:53 AM
In mining vs holding I think holding is more profitable the risk in holding is much less when researching the market it is right to choose the right currency. mining have to do something to create bitcoin mining are the lifeblood of the bitcoin network. The transactions that we do in bitcoin are stored in the blockchain in the form of ledgers this is why it is more profitable than mining.


Title: Re: Mining vs Holding
Post by: dansus021 on July 24, 2021, 04:45:37 AM
mining vs hodling have its own risk but in my opinion i would rather choose mining  8) yes mining maybe become unprofitable but you can rent it to nicehash and miningrigrental with your own price

but hodling it also good when defi crazy pump there is a lot bitcoin staking out there :D


Title: Re: Mining vs Holding
Post by: Obito on July 24, 2021, 04:56:28 AM
Mining is much more profitable compared to just hodling because you don't get that many benefits from hodling besides not losing your bitcoins because you don't spend it unlike mining where you can generate the bitcoins and at the same time hodl if you can curtail the cost for mining.


Title: Re: Mining vs Holding
Post by: temple on July 24, 2021, 06:59:13 AM
In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.

Well, even if you had the opportunity to fill a warehouse and also have cheap electricity prices, the actual bottle neck will still be whether or not you can get your hands on a certain number of miners. The companies developing that stuff are also mining companies themselves. If they have cutting edge technology, they use it first and sell it to the retail market when they are 90% through with developing the next generation miner that's outcompeting the predecessor. 
Correct, it would not make sense for them to sell that technology without using them for themselves, so when you are faced with the kind of competition unless you are an expert on the topic and you have access to dirt cheap electricity then it is better to skip all of those additional steps to get bitcoin and just buy it and hold it, which is hard enough as it is for most newbies and there is no point to adding so much complexity right off the bat.

What I would like to add though is that if you are interested in mining as a hobby because you want to understand how it works and what is actually happening behind the scenes, building a rig and mining some small cryptocurrency can't hurt. It's a nice learning curve to put that stuff together and make it work. It does certainly feel great if some blocks roll in! ;)


Title: Re: Mining vs Holding
Post by: vania vin on July 24, 2021, 07:01:41 AM
Mining is much more profitable compared to just hodling because you don't get that many benefits from hodling besides not losing your bitcoins because you don't spend it unlike mining where you can generate the bitcoins and at the same time hodl if you can curtail the cost for mining.
mining and holding are both profitable. You are interested in good miners, but there are also many who hold and get profits many times over, what I mean here is that each of them has expertise, so take advantage of these skills and don't underestimate the skills of others.


Title: Re: Mining vs Holding
Post by: krky on July 24, 2021, 07:53:49 AM
Do you think mining is kinda tied to btc? Because back when btc was struggling, people mining were barely making profits after deducting the electricity.

Also, normally do miners hold the earnings in btc or they sell out for fiat immediately?


Title: Re: Mining vs Holding
Post by: 19Nov16 on July 24, 2021, 03:31:19 PM
Mining is much more profitable compared to just hodling because you don't get that many benefits from hodling besides not losing your bitcoins because you don't spend it unlike mining where you can generate the bitcoins and at the same time hodl if you can curtail the cost for mining.

Right, for now mining is very profitable than holding, I regret selling 5 units of Antminer S9 in 2018, if I was still mining of course I would get a lot of profit with bitcoin prices now.


Title: Re: Mining vs Holding
Post by: AverageGlabella on July 24, 2021, 04:23:35 PM
Holding for the long term will always be better than mining because with mining you need to think about maintenance and reinvesting when the miners are no longer suitable. If you bought a lot of GPUS like 6 years ago thinking you would be able to mine with them forever then you would have need to reinvest once the difficulty got to high and as technology progresses mining equipment is only going to get better and the difficulty should rise in the long run. Holding is the better choice.


Title: Re: Mining vs Holding
Post by: Saidasun on July 24, 2021, 05:43:37 PM
Do you think mining is kinda tied to btc? Because back when btc was struggling, people mining were barely making profits after deducting the electricity.

Also, normally do miners hold the earnings in btc or they sell out for fiat immediately?
Some miners will pay in fiat currencies but I think most miners are die hard Bitcoin fans and are probably holding onto the Bitcoin for the long term. Some of them will be transferring their Bitcoins into new equipment and maintenance.


Title: Re: Mining vs Holding
Post by: Hamphser on July 24, 2021, 08:04:34 PM
Do you think mining is kinda tied to btc? Because back when btc was struggling, people mining were barely making profits after deducting the electricity.

Also, normally do miners hold the earnings in btc or they sell out for fiat immediately?
Some miners will pay in fiat currencies but I think most miners are die hard Bitcoin fans and are probably holding onto the Bitcoin for the long term. Some of them will be transferring their Bitcoins into new equipment and maintenance.
Normal thing because bitcoin isnt accepted anywhere and miners arent exempted for them to cash out or convert out their coins for personal use or for their business maintenance and some sort.

Its out of our business honestly since its their investment and any profit that they do get will really be depending on how they would use it neither they do hold or spending up actively or converted on fiat.

They might be bitcoin supporters and could possibly hodlers too but there would be some personal reasoning on how they would be using up their coins.


Title: Re: Mining vs Holding
Post by: temple on July 26, 2021, 09:10:35 AM
Do you think mining is kinda tied to btc? Because back when btc was struggling, people mining were barely making profits after deducting the electricity.

Also, normally do miners hold the earnings in btc or they sell out for fiat immediately?
Some miners will pay in fiat currencies but I think most miners are die hard Bitcoin fans and are probably holding onto the Bitcoin for the long term. Some of them will be transferring their Bitcoins into new equipment and maintenance.
Normal thing because bitcoin isnt accepted anywhere and miners arent exempted for them to cash out or convert out their coins for personal use or for their business maintenance and some sort.

Its out of our business honestly since its their investment and any profit that they do get will really be depending on how they would use it neither they do hold or spending up actively or converted on fiat.

They might be bitcoin supporters and could possibly hodlers too but there would be some personal reasoning on how they would be using up their coins.

Hm I would rather say that those who mine Bitcoin aren't only fans but the majority are real business people. It is not like most miners are dudes in their basements with one miner running just for fun. Mining is mostly being done at industrial scales. I guess those mining companies do have financial management that includes converting into fiat in order to cover operating costs. Whatever the profit beyond that I would guess they keep it in BTC.


Title: Re: Mining vs Holding
Post by: amihada on July 26, 2021, 02:44:19 PM
actually mining is not necessarily profitable.  First, the capital to buy a computer is expensive and the cost of electricity is large.  I myself have never thought about mining, it's better to buy directly coins that we think are good.
it's true that miners need big capital to buy machines and electricity costs, but holding can buy coins with small capital and hold it for a long time like buying eth coins even if you don't have capital buying 1 eth can buy 0.5 eth so I think holding is simpler from miners.


Title: Re: Mining vs Holding
Post by: xiboothrezi on July 26, 2021, 10:27:11 PM
actually mining is not necessarily profitable.  First, the capital to buy a computer is expensive and the cost of electricity is large.  I myself have never thought about mining, it's better to buy directly coins that we think are good.
it's true that miners need big capital to buy machines and electricity costs, but holding can buy coins with small capital and hold it for a long time like buying eth coins even if you don't have capital buying 1 eth can buy 0.5 eth so I think holding is simpler from miners.
so this will return to the personality of each. everyone has different abilities and interests. so it cannot be compared directly, which is better between mining and holding, because it is very objective and both have their own advantages and disadvantages.

well, direct mining does require capital to buy mining equipment and maintenance and operational costs, those who can tolerate this will definitely enjoy doing it, because they have a great opportunity to mine any crypto according to the spec. For those who understand the strategy, it will definitely be worth it, while for those who don't master mining-related matters and don't have capital like me, it will definitely be very difficult to run.

but don't worry, the crypto ecosystem is constantly evolving and offering more and more options. one of which is quite popular today is liquidity mining or better known as farming. that way we can enjoy services such as mining by adding network liquidity, please browse for more technical details. this is an effective way to get passive income, provided you manage to choose a potential project :)


Title: Re: Mining vs Holding
Post by: Hippocrypto on July 26, 2021, 11:19:58 PM
Investment on mining has no assurance because of equipment price that's rising, well basically that's the trend nowadays which competes with other gpu brands.
I would advice to those who has not yet ventured in mining, to undergo for trading at least smaller amount as a good start. Holding bitcoin or ethereum can be profitable even if market is volatile, in a sense that market value goes up and down. But, someday you'll be earning sustainable profit when there's a market halving and trending increase.


Title: Re: Mining vs Holding
Post by: ninabobo on July 26, 2021, 11:32:21 PM
Without getting much to say we all know mining isn't an easy task, the cost for mining is much and requires energy, so for any average individual it would be better to wait for a market crash or a big dip then invest the capital and save your self much cost and stress, investing make things easier, just hold for a long time till price increases then you can start taking your profits.


Title: Re: Mining vs Holding
Post by: Rajamuda on July 27, 2021, 01:20:41 AM
Without getting much to say we all know mining isn't an easy task, the cost for mining is much and requires energy, so for any average individual it would be better to wait for a market crash or a big dip then invest the capital and save your self much cost and stress, investing make things easier, just hold for a long time till price increases then you can start taking your profits.
Basically, if we have more capital and enough insight into mining, it's still very feasible to do, and if both are done.. it's certainly very encouraging for income, but here is the condition of us talking.
But if you compare it.. yes of course most people choose to invest because it's easier to do, just requires patience and consistency.


Title: Re: Mining vs Holding
Post by: bitzizzix on July 27, 2021, 01:51:19 AM
Without getting much to say we all know mining isn't an easy task, the cost for mining is much and requires energy, so for any average individual it would be better to wait for a market crash or a big dip then invest the capital and save your self much cost and stress, investing make things easier, just hold for a long time till price increases then you can start taking your profits.
Basically, if we have more capital and enough insight into mining, it's still very feasible to do, and if both are done.. it's certainly very encouraging for income, but here is the condition of us talking.
But if you compare it.. yes of course most people choose to invest because it's easier to do, just requires patience and consistency.
Mining in addition to requiring very large capital and must have skills and also mine with a series of software and computer algorithms to complete it, besides that the returns are small and the capital is large to finance technology and mining time is also time consuming.
I think investing or buying is a very simple and uncomplicated choice and also relaxed in doing it, and in return it is more promising than mining and but it all depends on individual skills and if like technology will definitely choose to mine and invest or buy is neutral most importantly have good knowledge and understanding.


Title: Re: Mining vs Holding
Post by: Lubang Bawah on July 27, 2021, 06:09:05 AM
These are two things that are very difficult for us to separate whether you choose to hold or mine, but for me I would prefer to be patient to hold bitcoin for a long time, because it is very reasonable for us to do considering the crypto world is a long-term investment. long and if you have extra patience in doing business this will be a very profitable thing for us to do in the world of cryptocurrency, in that way maybe we will get a little profit in mining

Exactly, mining is currently very difficult because the competition in the pool is very tight, it takes very high specifications to profit in mining, the easiest thing to profit in my opinion is buy and hold, I have proven that holding for the long term is the best strategy for profit.


Title: Re: Mining vs Holding
Post by: JerryKin on July 27, 2021, 07:02:23 AM
Everyone would readily go for holding the coins, it's less stressful and compared to mining there are no evading risks, all you have to do is hold for a while and let the coin gain value then sell at a preferred price.
 Unlike mining that is more rigorous, you have to get high tech computers that can solve difficult puzzles, maintain the facilities, among the many other things you have huge bills to pay.

 mining plays a vital role in ensuring there is a continuous flow in the market and it comes with it's profits especially to investors that have enough capitals and are able to make wise decisions. Imagine you have the opportunity to mine coins yourself in times when the prices of the coin spikes up instead of using your funds to buy. Just a few mined coins would do  😄



Title: Re: Mining vs Holding
Post by: Ayiranorea on July 27, 2021, 10:10:41 PM
Mining is profiting, because it gives you regular earning unlike the market fluctuation. With holding it is always good to secure the holdings in all possible ways for a long term benefiting. Mining is high investment process where one can keep hold of the mined coins and make profit out of it.

For large capital investors mining is good whereas for the users with minimum investment ability holding is the right pick.


Title: Re: Mining vs Holding
Post by: Amejoaquim on July 27, 2021, 10:28:38 PM
I tried both. but for now I don't do mining anymore because the mining results I get are getting less and less, fyi I am mining ethereum. So i decided to sell all of my vga and i sell my vga more expensive than the price i bought it, doing mining is beautiful journey for me.


Title: Re: Mining vs Holding
Post by: Aubameyang on July 28, 2021, 06:47:49 AM
Of course holding is the best choice, why i can say that because we don't need to spend a lot of effort to doing it. If we want to become a holder all we need to do is do some research on the coin we want to invest. If we're decide to become a miner, we need to do a lot of stuff and for everyone who don't really know about tech or computer I think it will take a lot of time for the newbie to learn how to be a miner.


Title: Re: Mining vs Holding
Post by: temple on July 29, 2021, 04:45:10 PM
Of course holding is the best choice, why i can say that because we don't need to spend a lot of effort to doing it. If we want to become a holder all we need to do is do some research on the coin we want to invest. If we're decide to become a miner, we need to do a lot of stuff and for everyone who don't really know about tech or computer I think it will take a lot of time for the newbie to learn how to be a miner.

It really depends which coins you are holding here. When you are into Bitcoin, Ethereum and other top 10 cryptocurrencies, holding and leaning back is fine. If you are investing in micro cap coins it is extremely important to take care and pay attention frequently. It is all about the portfolio whether a serious holding strategy is reasonably applicable.


Title: Re: Mining vs Holding
Post by: oemar bakrie on July 29, 2021, 05:22:57 PM
I myself have never tried mining, because it requires tools that are not cheap to get maximum results and also require the stability of mining equipment equipment.
it's better for me to buy crypto myself, whether it's bitcoin or others, and there I will hold it until the strength of my heart to resell it..


Title: Re: Mining vs Holding
Post by: LongStand on July 29, 2021, 06:18:09 PM
Mining is primarily cash based business that transfer their assets to cover expenses. I think that it is more easier to hold rather than mining just because you must need to pay large energy cost for mining. Holding is much easier as compared to mining.


Title: Re: Mining vs Holding
Post by: zanezane on July 29, 2021, 06:26:52 PM
Mining is primarily cash based business that transfer their assets to cover expenses. I think that it is more easier to hold rather than mining just because you must need to pay large energy cost for mining. Holding is much easier as compared to mining.
It's definitely much easier but I think that if you put enough money into mining and you have the cheapest electricity and you can utilize the heat from the rigs then you will be able to make a decent if not big profit out of mining, hodling is more of an individual thing.


Title: Re: Mining vs Holding
Post by: bL4nkcode on July 29, 2021, 06:37:50 PM
Passive income or holding is much more profitable than buying of miners is a risk in the very first place, installations (cost), electricity (another regularly cost), maintenance (another cost), the increasing difficulty is also a risk and many more when it comes to mining.

Besides your comparison is not totally a fair comparison.


Title: Re: Mining vs Holding
Post by: romero121 on July 30, 2021, 01:34:17 AM
Mining

  • Capital investment is a must - large fund
  • Need to compile with legal issues if the government is against it
  • Electricity requirement needs to be fulfilled with active internet connectivity
  • Periodic Maintenance is a must, if not it won't generate the calculated hash
  • Daily earning varies based on the increasing difficulty and market volatility
  • Proper location is a must, if not separate cooling system need to be set
  • High energy consumption process, renewable energy usage will add more profit

Holding

  • Buy
  • Secure it - Any high security wallet
  • Hold
  • Hold
  • Hold
  • Sell - if the target is reached
  • Repeat it


Title: Re: Mining vs Holding
Post by: blckhawk on September 16, 2021, 11:48:39 AM
well if you have the resources to mine bitcoin then you should definitely do so, because mining bitcoin is worthwhile but if you don't then don't try to mine bitcoin because it requires a lot of time and energy for you to mine bitcoin and having only 1 mining rig is not worth it. but if you have the money to buy bitcoin directly then do it and hold on to it for dear life.


Title: Re: Mining vs Holding
Post by: Sanugarid on September 16, 2021, 12:13:43 PM
I have developed a project
https://github.com/peroksid90/crypto_calculator

to compare mining vs holding. Contributions and comments are welcome.

For example,
you have 2500 $.
You can buy a miner or just invest this money to BTC.
Which is better in the long run?

https://github.com/peroksid90/crypto_calculator/raw/main/demo2.png?raw=true

So at the end we see:

the worst case: do mining and sell mined profit every day (red line) (7300$)
the better: just buy and hold (olive line) (8200 $)
the best: do mining and don't sell. (magenta)  (12500 $)

magenta and red doesn't include the miner market price. So actually we should add it to the profit, because the equipment price is also rise(even used).




In order to be profitable in mining, you need to buy a mining rig in order to mine BTC which also requires electricity and if you're an average person just like me mining doesn't fit for me at all. So I'll choose holding rather than mining since the initial investment required is not high and depends on what you can afford to invest to be able to start unlike in mining which requires huge initial investment .


Title: Re: Mining vs Holding
Post by: rosemariefrancis on September 18, 2021, 09:51:20 AM
Mining will be profitable when we will start doing it on renewable energy. For now, holding and trading are two best ways to earn profits. As I can't wait for a long time to see profits, I prefer to trade.


Title: Re: Mining vs Holding
Post by: OrangeII on September 18, 2021, 10:38:54 AM
i would choose bitcoin investment over mining. things to consider in doing mining, especially without the help of others are
  • electricity cost
  • maintenance costs
  • takes time
  • in other cases, it is necessary to upgrade mining equipment for maximum results
  • and others.
I'm not saying that mining isn't great, but I don't think it's for me. especially if we have other things to do. i prefer bitcoin investment because i think it is relaxing and fits the time i have.


Title: Re: Mining vs Holding
Post by: verita1 on September 18, 2021, 05:58:02 PM
I prefer holding bitcoin. I do not know about mining bitcoin because it requires permits, equipment and monitoring these equipment as we can also invest in the cloud on a reputable platform.

For all these processes I prefer holding bitcoin, I feel it more exciting and motivating.
I can also put into practice my skills as a trader and be happy with my treasure. I say it this way because we must enjoy what we do and not stress ourselves.

The main thing about investing in bitcoin and holding is that we can do it with a minimal investment.
And as a rule of thumb, invest knowingly and with your own hands, don't give bitcoin to anyone for future profits.


Title: Re: Mining vs Holding
Post by: ivankoh on September 18, 2021, 06:19:54 PM
To choose the option of mining or holding, I think it will depend on each person's perception and suitability with their abilities and conditions.  Mining requires a large capital investment, in addition to understanding the technical characteristics of bitcoin.  Meanwhile, investing by holding can simply be a process of patience, trust, etc. In terms of returns, I think both generate huge returns in the long run.  At this stage I think mining will be difficult because bitcoin's hashrate has increased after auto-correction.  It will make blocks harder to form to increase mining output


Title: Re: Mining vs Holding
Post by: Assface16678 on September 19, 2021, 07:14:49 AM
I would pick investing/buying bitcoin over mining. You need time and patience to pay off the costs for your mining equipment to start generating profits. But if just buy bitcoin and it goes up by 2%, you are already making gains minus any fees you might have had. Not to mention that mining gear isn't that easy to come by and the producers can't produce enough to meet the demand. Your equipment can become faulty, break, overheat. Your software can crash in the middle of the night or during the weekend while you are away from home. You need some technical knowledge to mine while any computer-literate person can buy a coin on an exchange.   

Exactly. Holding/Buying can be done easily and with a little research even a newbie can do it. The price of building mining gear today is outrageous due to the scalpers. Also, maintaining the gear is time consuming together with it is the bills. But if you are looking for longer run, try mining and holding it, then sell at what price you will profit.


Title: Re: Mining vs Holding
Post by: Lordshiva on September 19, 2021, 07:31:55 AM
I would pick investing/buying bitcoin over mining. You need time and patience to pay off the costs for your mining equipment to start generating profits. But if just buy bitcoin and it goes up by 2%, you are already making gains minus any fees you might have had. Not to mention that mining gear isn't that easy to come by and the producers can't produce enough to meet the demand. Your equipment can become faulty, break, overheat. Your software can crash in the middle of the night or during the weekend while you are away from home. You need some technical knowledge to mine while any computer-literate person can buy a coin on an exchange.   

Exactly. Holding/Buying can be done easily and with a little research even a newbie can do it. The price of building mining gear today is outrageous due to the scalpers. Also, maintaining the gear is time consuming together with it is the bills. But if you are looking for longer run, try mining and holding it, then sell at what price you will profit.
Yes mining is way too complicated and and holding is as easy as it could be. Lot of tension is there in mining and a lot of management is required and may be you can earn more just by holding, so there is no point in doing things the hard way and go for mining. Holding is the best option.


Title: Re: Mining vs Holding
Post by: lepbagong on September 24, 2021, 06:15:38 PM
Mining is primarily cash based business that transfer their assets to cover expenses. I think that it is more easier to hold rather than mining just because you must need to pay large energy cost for mining. Holding is much easier as compared to mining.
obviously mining is definitely very profitable, because more and more people want to do it every day because the value of the coin is now high. but we also have to think about the initial cost for mining capital, we know that the equipment used is quite a lot and it's true as you said energy costs are also high. so the cost for the start of mining is not small to be able to get according to estimates so that you can BEP (Break Even Point) as soon as possible.

It's definitely much easier but I think that if you put enough money into mining and you have the cheapest electricity and you can utilize the heat from the rigs then you will be able to make a decent if not big profit out of mining, hodling is more of an individual thing.
Much has been done for mining so that costs can be reduced by all means, because the use of energy is clearly the most expensive and the next biggest cost. but if it is running, mining is very profitable and remember the price of coins is very high at this time.

but if you want to do something less risky and tired to think about everything, holding bitcoins for a certain period of time is equally profitable, because bitcoins will definitely increase and reach renewable ATH. but not for altcoins of course because there can be no guarantee, other than top-ranked altoins or those that are just growing and the potential will obviously be more profitable too.


Title: Re: Mining vs Holding
Post by: izsara on September 24, 2021, 07:07:15 PM
Without getting much to say we all know mining isn't an easy task, the cost for mining is much and requires energy, so for any average individual it would be better to wait for a market crash or a big dip then invest the capital and save your self much cost and stress, investing make things easier, just hold for a long time till price increases then you can start taking your profits.
Basically, if we have more capital and enough insight into mining, it's still very feasible to do, and if both are done.. it's certainly very encouraging for income, but here is the condition of us talking.
But if you compare it.. yes of course most people choose to invest because it's easier to do, just requires patience and consistency.
Mining in addition to requiring very large capital and must have skills and also mine with a series of software and computer algorithms to complete it, besides that the returns are small and the capital is large to finance technology and mining time is also time consuming.
I think investing or buying is a very simple and uncomplicated choice and also relaxed in doing it, and in return it is more promising than mining and but it all depends on individual skills and if like technology will definitely choose to mine and invest or buy is neutral most importantly have good knowledge and understanding.
It's true, but on the other hand, even though mining does take quite a long time to return, I think it will be in accordance with the income we receive, especially considering that mining itself seems to be a little more supportive than trading for people who don't understand.
but investment is indeed the most qualified and simpler. but it comes back to the skills of each individual regardless of which one is the best.


Title: Re: Mining vs Holding
Post by: iyamoxjhian on September 25, 2021, 06:42:28 AM
That's one of my biggest dream. To have a mining tools and to patiently wait while mining. But its a  huge cost and investment to have these. I think i have to work hard for now with other profitable income while working in a regular badd so I can save up money for my dream. I wonder how many years do I have to wait for me to achieve these? Hmm, I think i have to tight my belt and improve more on self discipline so I can be ready for this someday.


Title: Re: Mining vs Holding
Post by: Mr.sprin on September 25, 2021, 12:58:35 PM
Miners need a lot of capital to buy machines and need funds to pay electricity bills every month. Basically, for those who mine, they have to prepare a lot of capital, but if hold only needs money to buy tokens and hold it then I am interested in holding rather than mining.


Title: Re: Mining vs Holding
Post by: BITCOIN4X on September 25, 2021, 01:30:20 PM
Miners need a lot of capital to buy machines and need funds to pay electricity bills every month. Basically, for those who mine, they have to prepare a lot of capital, but if hold only needs money to buy tokens and hold it then I am interested in holding rather than mining.
If we talk about capital, then both mining and holding both require capital. To mine you just need to run the mining machine to generate the coins you mine and the income you get in my opinion is very instant. Although the cost of buying a mining machine and running a mining operation is quite expensive, I think the income they generate is quite worth it, especially if the price of the coin you are mining is in a good trend. For holding, you only need to set a time limit and the target you want to achieve with the assets you invest like bitcoin. The revenue generated may not be instant due to price volatility. It took some time to profit from it although in the long run bitcoin is quite profitable. For the two options above it all depends on interest. Miners can also still hold all their mined coins long term and sell them at a higher price. I like both, but it really depends on the capital.


Title: Re: Mining vs Holding
Post by: geegaw on September 25, 2021, 02:29:17 PM
Miners need a lot of capital to buy machines and need funds to pay electricity bills every month. Basically, for those who mine, they have to prepare a lot of capital, but if hold only needs money to buy tokens and hold it then I am interested in holding rather than mining.
Mining machines of the past were not common and were not powerful enough, and for better technologies, cost was a huge issue at first and at that time there was no technical sharing, investors still think it takes a lot of money to become a miner but a fact and experience of miners on Youtube shared quite a lot is that it only takes some capital to buy a few small diggers, no farm size is needed to become a full-fledged miner. However, modern technology also prevents the return of capital, takes from six months to a year to stabilize and requires most of the mining knowledge to be effective, it frustrates many newbies


Title: Re: Mining vs Holding
Post by: qwertyup23 on September 25, 2021, 04:58:55 PM
In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.

The problem with mining is that it needs to be set-up in a strategic geographic location so you can re-direct the heat from the mining CPUs working. In addition, tremendous amount of power is being used which may add to the cost of electricity in your country. That is why, most miners strategically place their equipments in locations where there is continuous airflow in order to prevent overheating.

Personally, with the costs of video cards skyrocketing in the market, HODLing is the way to go. Not only you earn passively but you are also giving BTC the opportunity for its price to skyrocket without even doing anything other than investing the your initial capital.


Title: Re: Mining vs Holding
Post by: asus09 on September 25, 2021, 05:12:17 PM
Mining is not good ideas to earn money and better with holding, I know with mining you can purchase and earn coin every day but have you calculated with mining machine price? how much cost you pay every month for electricity without it your mining is nor working yet. I think if you have money and try to mining coin better buy coin have staking system, harvest every day without worry about electricity how much you need to pay every month and mining machine service.


Title: Re: Mining vs Holding
Post by: Dilladupak on September 25, 2021, 05:26:58 PM
Mining is not good ideas to earn money and better with holding, I know with mining you can purchase and earn coin every day but have you calculated with mining machine price? how much cost you pay every month for electricity without it your mining is nor working yet. I think if you have money and try to mining coin better buy coin have staking system, harvest every day without worry about electricity how much you need to pay every month and mining machine service.
I think with you, maybe because I don't have much money to buy tools for mining and am afraid of expensive electricity costs, therefore I prefer to buy coins and hold them for profit. And actually there are many choices of coins that we can hold to get these benefits, you don't have to buy in large quantities, just buy enough. 
In addition to the high cost, coin mining also has to be constantly updated with more sophisticated and modern tools to get more results, and that will definitely cost a lot of money.


Title: Re: Mining vs Holding
Post by: kukoro on September 26, 2021, 06:12:51 AM
hallo good night .... :)

In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.


Title: Re: Mining vs Holding
Post by: Mr.sprin on September 26, 2021, 06:33:59 AM
Miners need a lot of capital to buy machines and need funds to pay electricity bills every month. Basically, for those who mine, they have to prepare a lot of capital, but if hold only needs money to buy tokens and hold it then I am interested in holding rather than mining.
If we talk about capital, then both mining and holding both require capital. To mine you just need to run the mining machine to generate the coins you mine and the income you get in my opinion is very instant. Although the cost of buying a mining machine and running a mining operation is quite expensive, I think the income they generate is quite worth it, especially if the price of the coin you are mining is in a good trend. For holding, you only need to set a time limit and the target you want to achieve with the assets you invest like bitcoin. The revenue generated may not be instant due to price volatility. It took some time to profit from it although in the long run bitcoin is quite profitable. For the two options above it all depends on interest. Miners can also still hold all their mined coins long term and sell them at a higher price. I like both, but it really depends on the capital.
Holding and miners are both profitable, I just explained for those who have small capital can't afford a machine to mine so I recommend investing in tokens because their capital is not enough to buy a mining machine.


Title: Re: Mining vs Holding
Post by: asus09 on September 26, 2021, 10:14:57 AM
Miners need a lot of capital to buy machines and need funds to pay electricity bills every month. Basically, for those who mine, they have to prepare a lot of capital, but if hold only needs money to buy tokens and hold it then I am interested in holding rather than mining.
If we talk about capital, then both mining and holding both require capital. To mine you just need to run the mining machine to generate the coins you mine and the income you get in my opinion is very instant. Although the cost of buying a mining machine and running a mining operation is quite expensive, I think the income they generate is quite worth it, especially if the price of the coin you are mining is in a good trend. For holding, you only need to set a time limit and the target you want to achieve with the assets you invest like bitcoin. The revenue generated may not be instant due to price volatility. It took some time to profit from it although in the long run bitcoin is quite profitable. For the two options above it all depends on interest. Miners can also still hold all their mined coins long term and sell them at a higher price. I like both, but it really depends on the capital.
Holding and miners are both profitable, I just explained for those who have small capital can't afford a machine to mine so I recommend investing in tokens because their capital is not enough to buy a mining machine.
I think not about with bigger or smaller capital but most profitable holding or staking coins than mining, with staking and have other recommended with farming every day you can harvest your coin staking without pay electricity and worry about your mining machine is working or not, but mining when your electricity country down you not get anything from your mining.


Title: Re: Mining vs Holding
Post by: stomachgrowls on September 26, 2021, 11:15:55 AM
Miners need a lot of capital to buy machines and need funds to pay electricity bills every month. Basically, for those who mine, they have to prepare a lot of capital, but if hold only needs money to buy tokens and hold it then I am interested in holding rather than mining.
If we talk about capital, then both mining and holding both require capital. To mine you just need to run the mining machine to generate the coins you mine and the income you get in my opinion is very instant. Although the cost of buying a mining machine and running a mining operation is quite expensive, I think the income they generate is quite worth it, especially if the price of the coin you are mining is in a good trend. For holding, you only need to set a time limit and the target you want to achieve with the assets you invest like bitcoin. The revenue generated may not be instant due to price volatility. It took some time to profit from it although in the long run bitcoin is quite profitable. For the two options above it all depends on interest. Miners can also still hold all their mined coins long term and sell them at a higher price. I like both, but it really depends on the capital.
Holding and miners are both profitable, I just explained for those who have small capital can't afford a machine to mine so I recommend investing in tokens because their capital is not enough to buy a mining machine.
I think not about with bigger or smaller capital but most profitable holding or staking coins than mining, with staking and have other recommended with farming every day you can harvest your coin staking without pay electricity and worry about your mining machine is working or not, but mining when your electricity country down you not get anything from your mining.
Can you specifically tell on what cloud mining or staking platform that you could able to harvest on what you do have gained on a particular day? As far as i know and based up on awareness then there is a certain

duration or time on where you could able to pull those off unless if you do talk about in-wallet staking which is commonly can be seen on most shit coins.When it comes to mining then this isnt something that

everybody could deal with not only with complexity but also into the capital that it needs.



Title: Re: Mining vs Holding
Post by: boyptc on September 26, 2021, 11:21:14 AM
hallo good night .... :)

In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.
Well in mining, it's profitable if you have huge capital unlike in just simply holding and buying bitcoin. It takes time as you profit but as you said, you're just taking a bare risk.

So the idea of high risk, high reward is also applicable to this choice. But for someone like plankton like me, owning a mining facility is just a dream but thanks to holding, we can still be like them that can earn from bitcoin.


Title: Re: Mining vs Holding
Post by: nur rochid on September 26, 2021, 01:30:20 PM
hallo good night .... :)

In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.
Well in mining, it's profitable if you have huge capital unlike in just simply holding and buying bitcoin. It takes time as you profit but as you said, you're just taking a bare risk.

So the idea of high risk, high reward is also applicable to this choice. But for someone like plankton like me, owning a mining facility is just a dream but thanks to holding, we can still be like them that can earn from bitcoin.
Mining requires large capital, and for now I may not be able to realize it. just like you, roasting the coins that we have is a good choice at this time to profit from the investments we hold. but to hold it is not an easy thing, because sooner or later the market moves according to our wishes. different from mining where we get income from our mining activities


Title: Re: Mining vs Holding
Post by: Sir Legend on September 26, 2021, 01:52:43 PM
For now I focus on long-term holding, mining and holding are 2 different things, I once was mining in 2014 with 2 units of Bitmain S5 at that time I got a net profit of around $400, but after the halving day in 2016 the mining income dropped and the end of 2016 I sold because about 4 months of loss.


Title: Re: Mining vs Holding
Post by: deathcode on September 26, 2021, 03:10:46 PM
I did both. neither of the two best ways to get those benefits. it's just that choosing the right asset for the two is certainly different.
I hold BTC and BNB. also staking Banana and CAKE.
both ways have their advantages and I enjoy that.


Title: Re: Mining vs Holding
Post by: terrorJR on September 26, 2021, 03:25:26 PM
Mining is not good ideas to earn money and better with holding, I know with mining you can purchase and earn coin every day but have you calculated with mining machine price? how much cost you pay every month for electricity without it your mining is nor working yet. I think if you have money and try to mining coin better buy coin have staking system, harvest every day without worry about electricity how much you need to pay every month and mining machine service.
it's true but I also don't think day trading is a good idea when it's used for beginners, considering that day trading requires pretty good research.
and even for mining, I think it is like that, there are several things that must be considered.
however, it is suitable for those who really don't want to do anything either in research or looking at charts every day.
and mining is one of the good things to do for those who want to earn regular income.


Title: Re: Mining vs Holding
Post by: LiberOptions on September 26, 2021, 03:41:01 PM
I have developed a project
https://github.com/peroksid90/crypto_calculator

to compare mining vs holding. Contributions and comments are welcome.

For example,
you have 2500 $.
You can buy a miner or just invest this money to BTC.
Which is better in the long run?

https://github.com/peroksid90/crypto_calculator/raw/main/demo2.png?raw=true

So at the end we see:

the worst case: do mining and sell mined profit every day (red line) (7300$)
the better: just buy and hold (olive line) (8200 $)
the best: do mining and don't sell. (magenta)  (12500 $)

magenta and red doesn't include the miner market price. So actually we should add it to the profit, because the equipment price is also rise(even used).




With this kind investment you would be better of with just buying Ethereum and holding. I believe that in the short run you can get more profit by holding Eth than holding or mining BTC. In order to start a successful mining operation you would need at least 100k and hope that BTC would never drop bellow 40k to have a ROI in about a year or so... I guess that by holding and stacking 100k in BTC you would still have about the same return. If you haven't get into mining like 7\8 years ago, now it is not the time to get in. There are far more profitable options to get into cryptos.


Title: Re: Mining vs Holding
Post by: zaesvlas on September 26, 2021, 03:49:27 PM
Guys, how are you doing with mining now? I'm just not sure if it can do the same thing now as it did before.


Title: Re: Mining vs Holding
Post by: Alisha FR on September 26, 2021, 04:54:20 PM
And for sure holding will be the majority of choices here.

In Mining there are a lot of factors to consider, obviously you should live in a country wherein electricity is quite cheap, and then the space itself and the mining gear, as far as I know it's hard to acquire the hardware currently.

So in the long run it's better to invest and then hold for long term. Less hassle on your part. In any case, this tool might be helpful for those who want to try mining.
Yes, I agree. In addition, mining also requires more costs and the time used is also very long. Readiness in waiting to be able to return the capital that has been used to buy mining equipment and maintenance costs are also more complicated. I think doing holding is a good idea instead of having to do mining.


Title: Re: Mining vs Holding
Post by: Davidvictorson on September 26, 2021, 05:29:07 PM
I have developed a project
https://github.com/peroksid90/crypto_calculator

to compare mining vs holding. Contributions and comments are welcome.

For example,
you have 2500 $.
You can buy a miner or just invest this money to BTC.
Which is better in the long run?

https://github.com/peroksid90/crypto_calculator/raw/main/demo2.png?raw=true

So at the end we see:

the worst case: do mining and sell mined profit every day (red line) (7300$)
the better: just buy and hold (olive line) (8200 $)
the best: do mining and don't sell. (magenta)  (12500 $)

magenta and red doesn't include the miner market price. So actually we should add it to the profit, because the equipment price is also rise(even used).




I find this project really interesting. Did you consider other variables like the energy cost? I recon that this result can't be generalized to other regions in the world considering a lot of economic costs. Having said that personally, the "buy and hold" strategy works well for me.


Title: Re: Mining vs Holding
Post by: wiss19 on September 26, 2021, 08:30:42 PM
Guys, how are you doing with mining now? I'm just not sure if it can do the same thing now as it did before.
Yes, you are right now mining is not like before because it's not profitable like in past and trading is some better because if you're holder then surely you will be able to manage things for better profit. But in mining, you have more risk to lost your initial fund due to many factors which are not manageable if you are not technical person.
But, if you are holder then just buy coin or token and check price then wait for green signal and take your profit. I personally prefer to hold as mining is never been ideal for me where I am living due to cost of electricity.


Title: Re: Mining vs Holding
Post by: rahmathidayat93 on September 26, 2021, 09:00:39 PM
The capital spent on mining at this time is also getting bigger, in addition to expensive equipment, the cost of electricity also makes me hesitant to mine. For me, between Holding and Mining I prefer to do holding, this is much better in terms of energy and time that we use can be more efficient and can be used to complete other work.


Title: Re: Mining vs Holding
Post by: jakasantosa on September 26, 2021, 10:14:46 PM
Mining VS Holding if I choose for now, then I will choose holding, with holding we can search for coins through a bounty campaign or airdrop so we can increase our profits.
For Mining at this time, I think there is still a chance to get multiple profits, it's just that equipment and maintenance costs money so that it will reduce mining income.


Title: Re: Mining vs Holding
Post by: pinggoki on September 26, 2021, 10:25:23 PM
Investing wouldn't require you to fork in thousands of dollars in resources alone to earn considerable profit. The thing about mining is that it is only profitable when there are lesser people on the pool, and since millions of people are already mining nowadays, there is a good chance that your standard rig wouldn't be so profitable after all. Investing on the other hand doesn't require that much money, just a good enough capital for you to start you journey, from there the path is already laid in front of you, and you just need to make wise decisions to profit.
Mining VS Holding if I choose for now, then I will choose holding, with holding we can search for coins through a bounty campaign or airdrop so we can increase our profits.
For Mining at this time, I think there is still a chance to get multiple profits, it's just that equipment and maintenance costs money so that it will reduce mining income.
This is funny but it makes sense for the beginner investor to scour the vast expanse of the internet for paid promotions and bounty campaigns, however, keep in mind that you may also need to invest a couple of your hard-earned dollars as well because as of the moment salary for such jobs don't sound so great. That's what I did, and it had helped me develop more into the investing scene.


Title: Re: Mining vs Holding
Post by: Vargas98 on September 27, 2021, 09:28:42 AM
holding. Twitter has launched Bitcoin support for users
but it doesn't seem to help


Title: Re: Mining vs Holding
Post by: noormcs5 on September 27, 2021, 11:23:57 AM
Guys, how are you doing with mining now? I'm just not sure if it can do the same thing now as it did before.

Mining is difficult, resource consuming and also expensive.  Unless you have a very big setup, the mining may not be profitable too. The ROI on mining is very slow.   

Trading is easy to setup but you need to have full expertise to get good returns in trading.


Title: Re: Mining vs Holding
Post by: LimLims on September 27, 2021, 11:45:50 AM
I have developed a project
https://github.com/peroksid90/crypto_calculator

to compare mining vs holding. Contributions and comments are welcome.

For example,
you have 2500 $.
You can buy a miner or just invest this money to BTC.
Which is better in the long run?

https://github.com/peroksid90/crypto_calculator/raw/main/demo2.png?raw=true

So at the end we see:

the worst case: do mining and sell mined profit every day (red line) (7300$)
the better: just buy and hold (olive line) (8200 $)
the best: do mining and don't sell. (magenta)  (12500 $)

magenta and red doesn't include the miner market price. So actually we should add it to the profit, because the equipment price is also rise(even used).



That’s a pretty great discussion that we need to participate.
In my opinion I should vote for trading.
As if you have 2500$ all in total, then you have spend more in electricity etc to mine the Bitcoins.
Yes buy mining can give get profit, but if someone wants instant money then holding for some days can really give good profits then mining.


Title: Re: Mining vs Holding
Post by: Capt00 on September 27, 2021, 01:45:43 PM
Holding is simple and low-risk, but it typically yields smaller returns. Mining is significantly more difficult to execute, necessitates large capital, and is riskier, but it can theoretically yield higher profits.


Title: Re: Mining vs Holding
Post by: Mr.sprin on September 27, 2021, 02:32:58 PM
Holding is simple and low-risk, but it typically yields smaller returns. Mining is significantly more difficult to execute, necessitates large capital, and is riskier, but it can theoretically yield higher profits.
true, my friend really agrees that mining requires a lot of capital to buy mining machines and pay electricity bills, for those who have small capital the choice of trading is very appropriate and the risk is very small.


Title: Re: Mining vs Holding
Post by: Mamun74 on September 27, 2021, 07:19:02 PM
Mining vs Holding?  For me, I choose obviously holding. I think holding long term and It's more profitable than mining. Mining is a difficult and risky.When you start holding then you can choose valuable coin and hold long time, i think you can get good profit from Your long term holding coin.If mining and holding are two different thing but holding better than mining.


Title: Re: Mining vs Holding
Post by: boyptc on September 27, 2021, 07:32:54 PM
hallo good night .... :)

In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.
Well in mining, it's profitable if you have huge capital unlike in just simply holding and buying bitcoin. It takes time as you profit but as you said, you're just taking a bare risk.

So the idea of high risk, high reward is also applicable to this choice. But for someone like plankton like me, owning a mining facility is just a dream but thanks to holding, we can still be like them that can earn from bitcoin.
Mining requires large capital, and for now I may not be able to realize it. just like you, roasting the coins that we have is a good choice at this time to profit from the investments we hold. but to hold it is not an easy thing, because sooner or later the market moves according to our wishes. different from mining where we get income from our mining activities
Holding can be learned even having not that much resources and capital. In mining, you can learn that too but you need to apply and have the huge capital in able to start.

Majority of us here are holders because we can do it easy.


Title: Re: Mining vs Holding
Post by: Murtaza345 on September 27, 2021, 08:47:34 PM
I personally say holding is batter rather than mining because we came in this crypto fried for getting more and more profit and you can get huge profit by holding,I'm not saying the mining is not profitable,but mining profit is always less than holding and I always recommend hold, because by holding you can do your portfolio 2x,3x,and yes sometimes more than 10x,it's depending on the market, so hold is good option.because hold is gold.


Title: Re: Mining vs Holding
Post by: Ryker1 on September 27, 2021, 08:59:31 PM
Mining vs Holding?  For me, I choose obviously holding. I think holding long term and It's more profitable than mining. Mining is a difficult and risky.When you start holding then you can choose valuable coin and hold long time, i think you can get good profit from Your long term holding coin.If mining and holding are two different thing but holding better than mining.
Well it feels safe than mining --but people are still want to mine than holding because they have a lot of money to afford and that can able to have the capital to build mining facilities. So perhaps it is easy for them to choose to mine over holding, but in middle-class people, holding will perhaps be suitable for us since we dont have enough funds to build mining facilities. So on my side, this is just a case-to-case basis depending on your life status where you can afford it. Because holding is a low process of gaining profit than mining.


Title: Re: Mining vs Holding
Post by: mr500 on September 28, 2021, 08:43:57 AM
Mining and holding depends on market cap and the time and priod . When the price of BTC $ 42k I invest in it and after that the price decline $39 to $34k eventually around six months later . On the other hand mining is the timing like when price pump just sell or trade get some profit . It should not or it couldn't predict which one is more accurate for mining or holding all depends on treaders experience and acknowledge .


Title: Re: Mining vs Holding
Post by: Mr.sprin on September 28, 2021, 03:39:45 PM
Guys, how are you doing with mining now? I'm just not sure if it can do the same thing now as it did before.
Currently the mining app crashes, I can't run the mining machine at the moment, so my assets are now stopped. I'm waiting for my mining app to run again. I asked my friends. They don't understand why the mining engine is now stopped. I really hope mining machines can run again.


Title: Re: Mining vs Holding
Post by: RiskySanchez on September 28, 2021, 03:50:43 PM
Mining vs Holding?  For me, I choose obviously holding. I think holding long term and It's more profitable than mining. Mining is a difficult and risky.When you start holding then you can choose valuable coin and hold long time, i think you can get good profit from Your long term holding coin.If mining and holding are two different thing but holding better than mining.
yes that's right holding is an easy thing without the need to think about equipment maintenance in mining, we only need to spend a little money for maximum results in the future. we only need to analyze the market and the coins that we will hold in the long term


Title: Re: Mining vs Holding
Post by: Baskeyairdrop on October 06, 2021, 09:01:48 PM
In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.

Mining isn't profitable or easy for those who do not have enough money to invest into getting the right mining facility and equipments. It is difficult to set up and requires constant electricity which is quite expensive on the other hand holdling would only bear huge profit if the quantity of bitcoin you are hodling is much. Someone who is earning little and trying to live on the little he earns would find it hard to do any of the above.


Title: Re: Mining vs Holding
Post by: Ngewex Yuk on October 07, 2021, 03:20:00 PM
I once mined bitcoin with S7 in 2016 unfortunately after the halving day I lost and sold 2 units of S7 in 2017, currently the difficulty level for mining is currently very high so only devices that have high specifications can profit, and holding is the thing that matters. easier and more profitable than mining.


Title: Re: Mining vs Holding
Post by: pjwaffle on October 25, 2021, 11:28:19 PM
If you buy BTC then You need time and patience to pay off the cost of your mining equipment to start making a profit. But if just buy bitcoin and it goes up 2%, you made a profit minus any fees you may have to pay. Not to mention that mining equipment is not easy to find and manufacturers cannot produce enough to meet the demand. failure of machinery and equipment will cause you difficulties, not to mention faulty software. so best i will choose to invest mined amount in buying BTC.


Title: Re: Mining vs Holding
Post by: DewiKirana on October 26, 2021, 09:38:09 AM
If I was asked to choose one, then I would choose to mine Bitcoin. The reason is that by mining Bitcoin for sure every month I will get income from mining activities, if I just buy Bitcoin and just hold it it will be boring and not necessarily in one month I can get a profit.


Title: Re: Mining vs Holding
Post by: seramania on October 26, 2021, 01:31:39 PM
in the case of mining or holding both have pluses and minuses.  I see if this is better studied.  I see that in the context of mining, the problem of electricity costs is a problem, we must really regulate the mining pattern properly so that profit can run.  for holding we don't have to need anything and just wait for the price to increase.  it's a choice between holding or mining


Title: Re: Mining vs Holding
Post by: MIner1448 on October 28, 2021, 08:52:52 AM
Mining and holding, in my opinion, are two different components of an investor.
Indeed, when mining there, colossal investments are needed in order to start earning. And with a hold, you can invest in an asset with a minimum amount and it will bring huge interest, if, of course, you made the right decision, but this, of course, is always for a long time ...


Title: Re: Mining vs Holding
Post by: rodskee on October 28, 2021, 10:58:03 AM
Mining and holding, in my opinion, are two different components of an investor.
Indeed, when mining there, colossal investments are needed in order to start earning. And with a hold, you can invest in an asset with a minimum amount and it will bring huge interest, if, of course, you made the right decision, but this, of course, is always for a long time ...
it is depend on your capability and your location , Imagine even how you wanted to mine but your electricity is high then  nothing good will come on your way .
Just like being a Holder but you cannot stand on your holding as the funds you invested are not the amount you can afford to lose instead the funds is for emergency and the sad thing is when you wanted to withdraw the value is dumping.
so it is still depend on your capability and your dedications .
I must Hold a coin that i know i can just leave there, and i will mine if the availability of electricity is considerable .


Title: Re: Mining vs Holding
Post by: habebe on October 31, 2021, 10:01:21 AM
the reasin is imbhere in bitcoin because want to get profit someday well having an mining and holding doing both of us because mining is agood investment in crypto miner if you git an true mining is not like scam! you know many minings for they used for scam bitcoin so as i told that if you got a good mining so why not, and if not no too no choices and you much to hold your bitcoin and waiting for right time to putting your bitcoin to invest in a good way.


Title: Re: Mining vs Holding
Post by: Dr.Osh on October 31, 2021, 11:46:29 AM
in the case of mining or holding both have pluses and minuses.  I see if this is better studied.  I see that in the context of mining, the problem of electricity costs is a problem, we must really regulate the mining pattern properly so that profit can run.  for holding we don't have to need anything and just wait for the price to increase.  it's a choice between holding or mining
things that are quite simple to understand if drawn in a theory are
Mining requires hardware and needs to be maintained and updated, and has electricity costs. it is quite a hassle for people who have jobs other than crypto. however, some people still do mining nowadays because it gives them a continuous income.
Beside that, Holding coins only requires capital, choosing the right coins, and patience. The risk is, when the price drops, you need to make a decision to hold on or be patient. this will greatly affect your finances in the future. this is perfect for those who are busy outside the cryptocurrency world.  So far, I still tend to hold coins/tokens over mining.


Title: Re: Mining vs Holding
Post by: carrigan on October 31, 2021, 01:40:27 PM
In my opinion trading is much more relaxed than mining. Even though trading is fairly difficult, many people gradually understand trading, therefore trading is easier to implement. While mining you need adequate equipment, strong electricity and time consuming your activities. But if you can divide your time well and are able to do mining coupled with adequate equipment and strong electricity you can try mining but still have to be equipped with good knowledge of mining. adequate too. Don't let you just follow the trend without any knowledge.


Title: Re: Mining vs Holding
Post by: MD DANISH on November 01, 2021, 05:06:48 PM
crypto holding is best the mining holding is give us huge profit so bset is holding


Title: Re: Mining vs Holding
Post by: ReiMomo on November 01, 2021, 07:04:48 PM
Mining and holding, in my opinion, are two different components of an investor.
Indeed, when mining there, colossal investments are needed in order to start earning. And with a hold, you can invest in an asset with a minimum amount and it will bring huge interest, if, of course, you made the right decision, but this, of course, is always for a long time ...
it is depend on your capability and your location , Imagine even how you wanted to mine but your electricity is high then  nothing good will come on your way .
Just like being a Holder but you cannot stand on your holding as the funds you invested are not the amount you can afford to lose instead the funds is for emergency and the sad thing is when you wanted to withdraw the value is dumping.
so it is still depend on your capability and your dedications .
I must Hold a coin that i know i can just leave there, and i will mine if the availability of electricity is considerable .
Electricity rate is the most important, 2nd is the government regulation, if both of these factors pass on your requirement to start profitable mining, then it's always a good idea to start. In some countries like our country, the electricity rate is high, so it's not feasible for mining and I would choose to hold my bitcoin and do some day trading as well. Every time we have a plan, we should always evaluate on its profitability especially for long term.

you can refer to the electricity cost per country.
https://www.electricrate.com/data-center/electricity-prices-by-country/


Mining seriously takes much electricity and the amount we earn, 70 percentage of earnings will go as electricity bill and the remaining will be for pocket and mining needs a lump of investment at the beginning. However, investing and holding the coins for long term is going to yield a good profit especially the top most coins like BTC, ETH, BNB and etc                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     


Title: Re: Mining vs Holding
Post by: bekti3 on November 01, 2021, 07:08:17 PM
Mining and holding, in my opinion, are two different components of an investor.
Indeed, when mining there, colossal investments are needed in order to start earning. And with a hold, you can invest in an asset with a minimum amount and it will bring huge interest, if, of course, you made the right decision, but this, of course, is always for a long time ...
it is depend on your capability and your location , Imagine even how you wanted to mine but your electricity is high then  nothing good will come on your way .
Just like being a Holder but you cannot stand on your holding as the funds you invested are not the amount you can afford to lose instead the funds is for emergency and the sad thing is when you wanted to withdraw the value is dumping.
so it is still depend on your capability and your dedications .
I must Hold a coin that i know i can just leave there, and i will mine if the availability of electricity is considerable .
you are indirectly telling that it all depends on the current location and conditions which may occur.
it is true that things like this will have an effect but when we talk about the beginning of course we must also consider when we want to become a hodler we have to see where we will stop being a hodler and where we will start being a hodler.
other than that mining is quite good but we have to be ready when something is not wanted and indeed the initial capital is quite large.


Title: Re: Mining vs Holding
Post by: shield132 on November 01, 2021, 08:01:58 PM
If we compare mining to HOLDing instead of HODLing, then I would say that holding is much better. Holding means that usually you hold but sometimes you may trade. Just have a look at the charts: Bitcoin reached 60K, did you sell? Great! Then you could take the advantage of dip for three times and the dip was 30K. Did you bought at 30K? Then, since you hold, now, after some weeks came a good time to sell again at 60K. Amazing profits, right?
Mining needs place to store your miners, cooling, then a personnel who will take care of the miners, then some equipment may get damaged, etc. I would say that mining is a good option when the halving has happened and more than 1 year has passed and there is at least 2 year left before the upcoming halving.


Title: Re: Mining vs Holding
Post by: ene1980 on November 01, 2021, 08:36:13 PM
Mining seriously takes much electricity and the amount we earn, 70 percentage of earnings will go as electricity bill and the remaining will be for pocket and mining needs a lump of investment at the beginning. However, investing and holding the coins for long term is going to yield a good profit especially the top most coins like BTC, ETH, BNB and etc
One thing is a fact, you need to shell out huge amount of money to become a miner if you are looking for any profit, getting the latest ASIC is a headache on its own and you will see a new competitive mining hardware ready to hit the market and if that happens your plans are doomed if you are in a limited budget. I think you prefer POS where you can simply stake the coins and make money but the biggest question will be how long anyone will be willing to stake the coins and how the system can be decentralized


Title: Re: Mining vs Holding
Post by: MinoRaiola on November 01, 2021, 08:50:02 PM
My decision: HODL

In September, there was a record on the Bitcoin network. Never before have so many hashes been generated per second. This means the network is very very strong and extremely secure and it is growing. The miners are getting stronger and more miners are joining. So more hashes, stronger is the network. This makes it incredibly hard to manipulate it. What do I mean by that?

The acceptance starts with the network and compares the statistics, that looks good. The mainstream has been very involved with Bitcoin since this year and there is currently no end. I am glad that the miners exist and make the network strong. I like Bitcoin and will stay with it as long as I can.


Title: Re: Mining vs Holding
Post by: dupee419 on November 02, 2021, 10:42:50 PM
You deserve at least a recognition, I can't imagine myself developing a program intended for comparing mining vs. hodling, worst case is definitely mining and then investing it right away, hodling alone is really practical, but mining and hodling is definitely the best solution.

I thought that OP was going to actually compare mining between hodling but I like the effort of actually coding a program wherein it picks which option is the best and I agree, hodling while mining may be the best case amongst the other options, hodling alone is actually better but if you try trading or even investing while you hodl, better income definitely.


Title: Re: Mining vs Holding
Post by: lepbagong on November 03, 2021, 01:46:53 PM
Mining seriously takes much electricity and the amount we earn, 70 percentage of earnings will go as electricity bill and the remaining will be for pocket and mining needs a lump of investment at the beginning. However, investing and holding the coins for long term is going to yield a good profit especially the top most coins like BTC, ETH, BNB and etc
Mining is clearly true what you say, in addition to electricity costs of course for the purchase of equipment and repair costs need to be prepared in advance, maybe the calculation is quite large.
but with the enormous costs incurred, it is certain that the income is also quite attractive, especially now that the prices of all coins are rising sharply.

not an unprofitable investment !!! it's the same as mining, what makes the difference is the possible profit and the way it works that will make the difference. after all, investment is also profitable, especially if you invest in very potential coins such as BTC, ETH, BNB, DOT, ADA etc. which are at the best rank in CMC/CG, but obviously the costs needed to be able to produce the maximum will be the same as when you started mining. , because now what you want to invest in is indeed quite expensive.

One thing is a fact, you need to shell out huge amount of money to become a miner if you are looking for any profit, getting the latest ASIC is a headache on its own and you will see a new competitive mining hardware ready to hit the market and if that happens your plans are doomed if you are in a limited budget. I think you prefer POS where you can simply stake the coins and make money but the biggest question will be how long anyone will be willing to stake the coins and how the system can be decentralized
real facts with what you say, because it takes a lot of initial capital if you want to start mining. different from investments that may be adjusted to the capital we will invest in. but in mining it is clear that the cost cannot be cut because it is a definite need, in mining. always prepare a reserve fund which at any time must be used in an urgent situation and cannot be postponed if you do not want to lose, of course.

clearly what distinguishes mining from investment is the portion that will be prepared, obviously mining is very unpredictable and can always change at any time and the need for funds must always be provided differently from investing and holding it, after buying a coin that you believe in then you just sit quietly to wait for the upgrade to your liking if you want to release it.



Title: Re: Mining vs Holding
Post by: andriarto on November 03, 2021, 02:46:01 PM
between mining and holding are two different things, for those who have initial capital, have time I think choosing mining and holding will be better, because mining is like us working while holding is like we invest, mining is like getting wages, while holding is like we seek profit. but for those who don't have enough capital I think choosing holding we can make money because we don't have to buy 1 bitcoin


Title: Re: Mining vs Holding
Post by: panukurap on November 03, 2021, 02:58:34 PM
If asked to choose between the two I would prefer trading even though the gains are not as much as mining. This is because I think that with mining you need extra time, not only that you also have to use strong and adequate electronic devices and use large amounts of electricity. If I myself find it difficult to get these things, plus it must be a negative use. This is just my opinion.


Title: Re: Mining vs Holding
Post by: AakZaki on November 03, 2021, 06:47:30 PM
Mining if only managed individually with minimal RIG will certainly lose because it calculates electricity costs and mining equipment maintenance costs which will swell over time. Mining bitcoin requires a large amount of electricity and will operate for 24 hours non-stop, this must also be supported by a good circulation or cooling system so that the mining room is not hot. Mining bitcoin or other coins requires a large amount of capital.

As for Holding, it is very easy and can use any capital, the more capital, the more profits. Holding also requires extra patience and clear targets. To do Holding, enter the market at a deep price and hold it up to the maximum target. Longterm may take months to years, depending on the target to be achieved.


Title: Re: Mining vs Holding
Post by: Stedsm on November 03, 2021, 06:56:26 PM
Mining can be profitable only when you can afford a place where you get cheap to zero cost electricity (try to go green by using solar electricity as well). Even with low number of equipment in your rig or a single miner, you still can profit if you are a part of a pool because then only will you be able to generate anything out of it as you won't be able to produce a full Bitcoin block with that small sized rig anytime soon.

Holding is risky as well, but it depends on what you are holding and when you entered. If you bought BTC at $45k and sold at $30k after holding for a long time and even saw $65k in between, then that's the type of risk you must conquer. You are also at risk if BTC never manages to get back to the current prices (hardly possible but who knows), and if you choose a shitcoin just by "keeping up with the Joneses", you'll definitely lose more even after holding it for a long time.


Title: Re: Mining vs Holding
Post by: milewilda on November 03, 2021, 06:57:41 PM
If asked to choose between the two I would prefer trading even though the gains are not as much as mining. This is because I think that with mining you need extra time, not only that you also have to use strong and adequate electronic devices and use large amounts of electricity. If I myself find it difficult to get these things, plus it must be a negative use. This is just my opinion.
Mining is something that isnt really for average joe which we know that this is an investment which do requires huge capital and of course you would be considering lots of  factors for you to look up if mining activity would really be that profitable on your side specially with electricity cost and current difficulty
and of course with the price of the coin you are mining.Its true that trading does give out bigger profits in shorter duration but doesnt mean that it is less risky.So its up to you whether which one you would choose up.


Title: Re: Mining vs Holding
Post by: Lordshiva on November 03, 2021, 07:00:24 PM
Well whatever knowledge that i have i would surely prefer holding rather than mining, one simple experiece that i faced that once i invested ethereum in genesis mining for 2 years contract it even have not given the amount of ethereum back that i invested and the price of ethereum had gone up by 5 times, so that resulted me in loss only.


Title: Re: Mining vs Holding
Post by: Zilon on November 03, 2021, 09:06:25 PM
I would go for which would cost me lesser which is holding. If I go for mining I might not afford the constant electricity plan needed to keep the mining machine in order. Although holding is more risky than mining it cost of maintenance is less and wouldn't cost me much electricity plan and time consumption


Title: Re: Mining vs Holding
Post by: sherenikaw on November 03, 2021, 10:37:45 PM
I'm not very proficient at mining and I know the risk of mining is also big so personally I prefer to invest by holding it. there are some coins that are good to hold like bitcoin and ethereum too. if we can manage and sell it at the right time then we can profit from investing it. but we do have to be more patient to wait for the right time to sell it so we can get the right price.


Title: Re: Mining vs Holding
Post by: livingfree on November 03, 2021, 11:09:14 PM
I'm not very proficient at mining and I know the risk of mining is also big so personally I prefer to invest by holding it. there are some coins that are good to hold like bitcoin and ethereum too. if we can manage and sell it at the right time then we can profit from investing it. but we do have to be more patient to wait for the right time to sell it so we can get the right price.
As someone who thought of being a miner, when you've assessed how much capital you need to mine then you'll just decide to be a holder.

But honestly, if there's a chance that I'll have the funds to buy miners and I'll mine bitcoin and other cryptocurrencies. I'll choose that if it's sustainable but as I know, in my place, electricity isn't cheap that's why it's better to hold.


Title: Re: Mining vs Holding
Post by: Rengga Jati on November 03, 2021, 11:27:14 PM
I'm not very proficient at mining and I know the risk of mining is also big so personally I prefer to invest by holding it.
Wise enough to do only whatever that we really know and understand, moreover rit is related to money, to our financial.
We may not need to follow others to do another thing that we don't know, like mining. Expect that we are going to really learn, having enough funds, and also be ready for the risks.

I personally have chosen investment so far. I only have mined one time on one platform and that was done likely mining by application and the result was very small.
That is why I decided to uninstall it and not even do any mining again.


Title: Re: Mining vs Holding
Post by: rizqoAD on November 04, 2021, 01:54:57 AM
In my opinion, mining is currently not very profitable anymore, because payments to miners continue to decrease by half, while electricity costs continue to rise, this can no longer cover mining operational costs. If I have money as capital, I will use it to buy Bitcoin and hold it for a certain time. I think Holding is more profitable at the moment compared to mining.


Title: Re: Mining vs Holding
Post by: Reatim on November 04, 2021, 04:53:48 AM
In my opinion, mining is currently not very profitable anymore, because payments to miners continue to decrease by half, while electricity costs continue to rise, this can no longer cover mining operational costs. If I have money as capital, I will use it to buy Bitcoin and hold it for a certain time. I think Holding is more profitable at the moment compared to mining.
then why need to mine when you can earn in trading and HOLD?  mining only profitable in some areas but in majority it is not , though there are altcoins that still good to mine but Bitcoin isn't that good idea at all specially in countries like my own.
also consider trading as well but of course you must learn deeper before putting funds in trading .
just HODL and then find place in trade.
Well whatever knowledge that i have i would surely prefer holding rather than mining, one simple experiece that i faced that once i invested ethereum in genesis mining for 2 years contract it even have not given the amount of ethereum back that i invested and the price of ethereum had gone up by 5 times, so that resulted me in loss only.
my brother use to mine but that makes me have in mind how hard to gain in mining .