Is it better to mine or buy Bitcoin?

[meyklove]

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

They are both expensive whether to mine or to buy, the difference of both are the profit time. Holding bitcoin or use it for trading you can make it double or loss it all in a short time and when you mine it will take a long time to return of your investment.

[astridplomp]

of course i agree to mine bitcoin is the easiest way to earn bitcoin rather than buying and holding until the price start rising slowly in the future. but we have to accept that, mining cost us a huge fee for equipments and taxes. So it would be better if you have a large farm of crypto minings, it will make you have more profit in the future.

[mxyzptlkof6th]

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

It depends on many situations. If you have a large capital and already found some good deals in buying GPUs, mining is better. But, if you also have a large capital and the value of bitcoin is very low like in this day, you can invest and wait patiently for your profit to grow. Next to buying is always waiting and it may take weeks, months, and even years for you to get the Return of Investment.

[Mellifluous]

for me it is depends on your location because when you do mine there is a chance that your electric bill is higher than what you get in mining, so i suggest check your location first and analyze whether it is advisable to mine or to buy BTC.

[Caesar-Giulius]

for me it is depends on your location because when you do mine there is a chance that your electric bill is higher than what you get in mining, so i suggest check your location first and analyze whether it is advisable to mine or to buy BTC.

True, if your electricity cost is too high, it is not profitable to mine. Buying BTC is a better way out.

[supto005]

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

Buying Bitcoin is easiest than Mining where you just need to buy and HoDl it which is also profitable than Mining.

[ddhsaranga]

my advise is to buy bitcoin. if you do mining, you have to invest more money and you have to wait more time to take a profit. i have not experience about mining but i feel that buying bitcoin is good more than mining.

[cliffdex]

If Bitcoin mining is worth your time then get to know the skills involved and get the best out of it. Else, if buying bitcoin poses an advantage to an investor then he/she should be consistently monitoring the market trends as to be on the safer side. In all, profit making is the key.

[zentdex]

Those GPU burn my money out of my pocket lately, the price of mining rigs nowadays is so high you could definelty prefer to choose a cloud mining service rather than house one. I have a friend that have already invest in MOONLIGHT a mining company that uses green power technology that is environmentally safe. If you have time, you could check it out, I even wear their signature. Anyway, if you have enough money, go invest in mining or buy your own rig. But if you have just some extra cash to invest in, you could just select buying bitcoins, it is a right time today due to lower price.

[ukw]

I definitely think it's better to invest directly in the BTC by buying it.
Especially at this moment when all the coins are so cheap, it's your chance to get involved.

[adzino]

It actually depends. You have lots of factors to take into consideration before mining. The mining equipment are expensive. You will need cheap electricity to even out. Don't forget about the maintenance cost you will have to pay. You will have to look after your rigs 24/7. Too much hassle but less risky and you can sell your rigs anytime you want. On other hand if you buy bitcoin, all you have to do is just hold and wait. 

[lillyann]

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

After all, you do not have to mine BTC. Altcoin is much easier to mine. You do not need very expensive equipment.

[Geemy]

I think buying is better than mining because when you buy you may be aware of the price but mining every day at a price

[lesya-ya]

If you have enough time and money to invest in Bitcoins then go for mining otherwise buying Bitcoins is more easy.

[maryhansenn]

It is profitable to buy bitcoin especially when the price is this low. Soon it will go up again and you will see the profit

[Zyborg]

Its better to buy bitcoin rather than mining.Lets have glance at buying aspect.When you buy BTC,you can invest small amount to buy BTC,you continuously monitor its value(peak & troughs) and when you see its profitable you sell your BTC.For mining you need high investment,you pay hash rate for your coin, high quality computers and system,also it will incur high electricity cost,good place to install your systems,high care for your equipment.Earning rate is higher in investment compared to mining.When you buy at low rate ans sell at higher rate you double your profit,whereas in mining you receive daily some amount,but that can not be compared with the profit earned through investment.In my opinion investment is better than mining.

[sarul]

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

Well. I can say. Due on so damn high difficulties and it's increasing day by day, Mining with hardware will cause only getting results that continue to come down if you're not upgrade it to the next level. You will continue to spend your money to get good results. In this case, I advise to buy bitcoin and hold it as long as you want or till you get good enough profit.

[kuntet99]

yes if you have better capital to buy it, because the price of btc again decreased.

[icanscript]

I assume that if you view mining as a long-term investment, then perhaps this can lead to an increase in the number of coins in the long run, but this is also much more risky. First of all, the miners can break down, and even if you take them somewhere, an accident happens. There is also no way to know how high or low the complexity level of bitcoin mining will reach such numbers, which can dramatically change. If you want an immediate win, I would definitely go with buying bitokoynov instead of their prey.
Buying bitcoins is much easier, cheaper and takes less time. You better buy and keep the BTC.

[Sanugarid]

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

Mining is much more risky than investing to Bitcoin. Also, mining won't be profitable if the mining farm is not big and it is just too complicated amd as you've mentioned, you'll need mining materials which would make it more expensive. While if you just buy Bitcoin, you will already have it and will be able to hold it. Mining will undergo different processes, so I think investing or directly buying Bitcoin will be easier.