Should i start to mining????

[llzzyy234]

There are many websites which help you calculate the cost and income from mining. You can input the type of coin, electric cost, mining machine hash power, etc., all these parameters and get the the conclusion if you want to do the mining.

[namjey]

study mining algorithms, difficulties, current trend and common sense about concurrency, then you will be able to make decision.

[drubas]

should i start mining ?
the answer can be No and Yes.
everything is depend on yourself,what is your choice.if i was you i will think about it again because it's a long term investment,
you need to spend a thousand dollars just for buying a machine.
No
do not do this if you're going to mine top 5 cryptocurrency,
why?
because if you're mining those coin you should know how much it will be and how high the difficulty.
but,if you can afford to buy a high end or super hardware for mining then you can start to do it.
if you only can afford an average hardware the answer is NO.
Yes
why i said yes when before i said no?
you can start mining and using an average hardware,but you can not mine a top 10 cryptocurrency,
try to mine a newly born altcoin(obviously a good project and well development),
because difficulty and the price are not high yet,
many altcoins you can find in Alternative boards,and i found a lot of undervalued project out there.

so think about it twice

Note : if you're using 2 antminer l3+ it would be better for you to stop mining it,because it's not really profitable.
just buy it the coins directly and hold it,other than spending your money to those machine which is not really profitable in the long run

Best answer from my perspective! Thanks a lot!

B.D.

[Madstayler]

By the way, How much money do I need to start mining? Does anyone know, at least approximately?

[Zhukov0]

Hi everyone i`m a noob of cryptocurrency and i would like to invest some moneye in miming. I wonder if with 2 antminer l3+ could I have a nice profit mining etherenhum or litecoin hoping in a rising of the value.... could you give me some help to decide what's the best way to start.
P.s. sorry for myour bad English but i`m italian

Do not mine bitcoin if you do not have at least $3k to invest.
You can mine alt's with $1k cpu with good graphic card on it (included in price).

[NoGems]

By the way, How much money do I need to start mining? Does anyone know, at least approximately?

One altcoin mining rig have to have at least 4 video cards on board, cpu, PS, 4-8 ram, hard drive, motherboard. Do the math.

[Madstayler]

By the way, How much money do I need to start mining? Does anyone know, at least approximately?

One altcoin mining rig have to have at least 4 video cards on board, cpu, PS, 4-8 ram, hard drive, motherboard. Do the math.

Ok, that is pretty much. But how fast it will be paid off?

[Viecoin]

Mine for your future. You won't be disappointed. Don't mine to pay all of your bills. It might be discouraging.

[MaxDigger]

Yes and no, depending on your situation.  Mining has been a very profitable venture for a very long time but the best way to answer this would be to start out with a Bitcoin mining calculator.

[ivanst776]

Hi everyone i`m a noob of cryptocurrency and i would like to invest some moneye in miming. I wonder if with 2 antminer l3+ could I have a nice profit mining etherenhum or litecoin hoping in a rising of the value.... could you give me some help to decide what's the best way to start.
P.s. sorry for myour bad English but i`m italian

I've made some calculation that if it worthed at the time that I started mining to invest in mining hardware/equipments or buying the currency itself.

In conclusion I have seen that it worthed more to buy the ETH or bitcoin rather than buying the mining rigs and take care of them every hour/day to see if it is working well, paying electricity, taking care of heat, any network fail etc.