BTC Mining vs Buying

[asus09]

I think mining is quite complicated, because it requires a high-powered computer, and certainly strong electricity. so it really needs capital too. the same as buying bitcoin, simply by investing or trading.

[BlueStackz]

According to my point of view, bitcoin mining is big time consuming process and you have to pay higher electricity bills for that. On the other hand, you have to put a considerable amount of initial investment for mining equipment. Therefore to buy bitcoin is more comfortable.

i will suggest you bitcoin buying in place of bitcoin mining because bitcoin mining is difficult task then bitcoin buying and also for bitcoin mining you need a lot of electricity for mining devices and the rate of electricity is very high while bitcoin buying is easy and task you can buy from any place and then you can also sale easily.

How do you know his rate for electricity?
What is so difficult in btc mining? You buy a miner, spend 2 minutes configuring it and you let him do the mining.
Once in a while you check on it or when you smell something burning.

According to my point of view, bitcoin mining is big time consuming process and you have to pay higher electricity bills for that. On the other hand, you have to put a considerable amount of initial investment for mining equipment. Therefore to buy bitcoin is more comfortable.

No it is not, you spend more time drinking coffee than working on the miners and again, how do you know what price he pays for electricity?

in my own opinion no.  indeed mining is to slow to earn much profit even bitcoin value surge now adays. I suggest to buy bitcoin instead of mining in any cloud mining site cause buying bitcoin now adays wil give us much profit even its always fluctuated. So keep away on mining bro instead focus on trading if you want to earn much profit or fast earnings. Best regards

If buying btc will bring you profit because the price goes up, so does mining...spend two seconds thinking before typing.

If you have absolutely no clue, all of you that are posting just to make your quota..
Please shut up!!!!

Bitcoin buying is a far better option than mining. Because in mining the success rate is not 100 percent always. There is some risk of losing your money if you are not into the game since a long time ago and lack the experience. Mining is something risky than the buying Bitcoins .The total amount needed in both of them is eventually same because mining is dependent upon the availability of electricity throughout the process and hence the total expenditure adds up to the same just as buying..

[darthvander]

It depends on what you're into Bitcoin for, and how tech-savvy you are. You can learn and be profitable from mining, but if you don't put in the initial effort and investment you won't get far. To make some quick money, just buy. If you believe in Bitcoin, mining is a way to contribute.

[eann014]

Now I'd rather to buy bitcoins, because investments in hardware would be around the same in price, but it will take a lot of time for mining. Isn't it faster and easier just to buy bitcoins?

That's true it is easier to buy bitcoin, as long as you have money to buy then go for it, mining is also an expensive to do. You need to have a lot of capital before we can do mining and need free electricity because it can also cost an expensive electricity, so for us small investors or traders, buying is more suggestive way to earn bitcoin.

[akram143]

I will just buy bitcoins because it is east and no efforts needed just keep it in your wallet to get high return but i think buying will give huge profit only if your investment is also big.But im still new to the mining so i not yet tried mining because bitcoin mining is getting harder now so i just invested in buying bitcoin.

[bryson]

Honestly mining as of right now is not worth the investment. For the general consumer mining is too much of an investment with too little return. The amount of profit you get from mining compared to the time you spend and the amount of money you need to generate a return is simply unreasonable. The only time where mining will be better than buying is if you are part of a company or group that was made to specifically mine bitcoins. This way you get the best hardware and therefore the most profit.

[Tushar24aug]

Maybe buying is better than mining because if u buy 1btc in this year or sell this 1btc in next year u will get lot of profit because btc cost graph is always going higher

[monir34]

I will support both mining and buying. Mining can be your great passiv income and buying can be your future bright. Buy and hold its for better future. Due to unbelievably increased the price of Bitcoin. So if you can hold for long time you can buy. And if you want good and risk free better income then start mining

[Granxis]

Suggest not to mining, if you have low power channels, you can try. The current market price, or a little profit. But within a short time bitcoin price changes too much, if the purchase of many mills to mining, met price drop too much, then it is easy to loss, we must pay attention to risk control.

It's still not too late to do mining, but Bitcoin's level of difficulty is very high, Bitcoin Gold is suitable for mining. Ripple is also preferred for miners.

[Breghel]

Suggest not to mining, if you have low power channels, you can try. The current market price, or a little profit. But within a short time bitcoin price changes too much, if the purchase of many mills to mining, met price drop too much, then it is easy to loss, we must pay attention to risk control.

I think that buying will make you a lot more bitcoins because mining gives you a small amount of btc. But when you buy a lot of btc then the value goes up and will make a lot more bitcoin. I think that this is the best thing to do to make yourself some money.

[Pendularin]

Is it better to get BTC via mining or buying now?

It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?

If yes, any suggestion? There are quite many cloud miner in the market.

Thanks.

If you want to generate more bitcoin, you can have mining but if only your personal computer is fast and have a better internet connection. But if you don't have that kind of PC and internet connection, you'd better but bitcoin than keep on running away from the people who will try to ruin us or to those people who want to punish us. But definitely both are good source of having your own bitcoin in your wallet.

[barmutinikita]

I'm a student, I can't invest a lot if money in mining. Have some BTC, that's all I can now  

[tientien22]

mining or buying bitcoin ?
This is a hot topic for us to talk about, and I think we will buy both because we will increase the passive income from mining, and when we buy while bitcoin increase we will earn More money and we will invest more to buy bitcoin and focus on mining

[gulshan1]

BTC buying is more better than the mining because difficulty level of bitcoin mining is increasing every day and it is not easy to mine more bitcoin in future and if you invest in some mining company then they will not give a good amount of reward of your money. Because they do not clears condition of mining and after investment you can withdraw your money back. So Always think about the buying of bitcoin.

[1020kingz]

I prefer buying bitcoin than mining it, because mining bitcoin is very high cost of electricity consumption,  but mining is very sure profit that you cannot loss, but buying bitcoin is like keeping a gold in your pocket that ready to give you a million when it comes the time that it will pump up.

[rpg]

I think that investing directly in Bitcoin is the most profitable right now. I have invested in mining few months ago and after 1 month i sold all rigs. I could have earned 200% of my base investment. That's why I'm thinking that investing it directly in BTC is better

[Miderian]

Mining other currency and buying a Bitcoin is my option.
Asic miners is hard to find.
Investment in buying why not?

[felipe04]

I think both are good to do.Here in bitcoin we can try all job or do invest so you need only to search if that is legit for the safe of your money.I think we have anything here to earn so try to spend your free time here for the knowledge for good profit.All of users here want to earn money that's why they here

[Diunusov86]

Mining now requires a lot of money to be profitable, while it's much easier and faster to buy, besides, the profit comes faster. Therefore, I do not do mining

[LuXiiRaS]

Mining now use so much electricity. Compared to what you gain from mining it's not worth it. So a big % of your BTC profit you'll pay with it the electricty bill.