Is it better to mine or buy Bitcoin?

[colmenajose]

It is better to buy bitcoin, since the profitability of this cryptocurrency is much higher than any other investment.

[BitcoinMarketer39]

 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.

My dream is to build a mining place like a factory, in my own opinion, building a mining rig is more profitable and not time consuming because it will let you earn cryptocurrency passively. Another thing is that, you can still do trading while mining so more profit for you to earn monthly.

[pendekar cinta]

If for my current class it tends to buy bitcoin because in doing the mining is automatically great cost is in need for the sake of the smooth working system going forward therefore I am still trying to raise capital if I want to do mining.

[AlexAtom]

if bitcoin price at the high value, better get mining.
but if bitcoin price falling on the market, better buy it.
if you mining when the market value low, you cannot sell it immediately because you won't get much profit.

[Webberson]

Mining bitcoin, requires a whole lot and as well, it is also time consuming. Buying bitcoin is another way of trading, which does require analysis, as to know when to buy or sell. In my own opinion, i think it is better to buy.

[troglobait]

everyone decides for himself. I mine a little. basically I buy at the stock exchange. Although if you invest good money in the booty, this will undoubtedly pay off. Personally, I wait when there will be machines for mining ETH

[MasterCATZ]

Bitcoin is not UNIVERSE (specially singled out this word) by the equivalent (property of money). Bitcoin is a commodity whose consumer value is zero. Interest in it is artificial. On it you can (and need) to earn, but do not invest in it all.

[xvids]

I think it depends on the electricity cost in your country ,
And how much electricity would it cost to mine one if you could get a profit from it then it is better to mine than to buy.

[zakalwe]

I suggest you to buy some bitcoin instead of mining some. mining hardware can cost you hefty added with power consumption. even if you buy special ASIC hardware for Bitcoin mining it will not turn quite profitable at smaller scale. you will need larger farms to mine bitcoins with top tier mining hardware and other set ups. of course, it is gonna cost you enormously. well go ahead and create your own mining farm if you have millions. buying fraction of the coin will be most appropriate as per current BTC price.

[ahrispool]

I think it is not profitable to do both. Tons of chinese miners are mining bitcoin and you will not get a chance to mine one unless you are investing like $100000.
Buying it also is not a good idea. the price variability is too big. If you are investing to it for a long time, based on your trust on it, than just buy it without anyone's opinion.

[mari12]

For me it's much less hassle to just take your money and buy into the market instead of trying to mine bitcoins which is quite a task now that the total amount remained to be mined is much smaller.

[ice098]

I suggest you to buy some bitcoin instead of mining some. mining hardware can cost you hefty added with power consumption. even if you buy special ASIC hardware for Bitcoin mining it will not turn quite profitable at smaller scale. you will need larger farms to mine bitcoins with top tier mining hardware and other set ups. of course, it is gonna cost you enormously. well go ahead and create your own mining farm if you have millions. buying fraction of the coin will be most appropriate as per current BTC price.

I think its better to buy bitcoin when the value is decreasing or have dumping in the market than do mining because its not easy to do it, also mining need to work 24 hour in the front of your computer, then when you do it your power consumption surely is very higher because of 24 hours open of your computer. Also its better to buy than to do mining, because buying you can have bitcoin immediately while mining need to work 24 hours before you can get but sometimes not.

[KuyaBreezy]

 Depends with the kind of environment you are operating from, if you are in an area where the electricity costs are high then mining would be very expensive and least profitable as it consumes a lot of electricity, there for buying is better, if in an area with affordable electricity then go ahead and mine, it will bring more returns.

[hybie22]

It is best to invest in bitcoin, especially the bitcoin value is a low price for many investors who buy bitcoin purchase to invest in it so you can invest again so you can not end them.

[RDNX]

To mine Bitcoin now,, you would need GPUs and ASICs and a modern rig which overall is expensive to get and you need electricity to keep. Because the prices of bitcoin has grossly fallen, buying now is the wise thing to do.

This is so true. I've tried to mined Bitcoin, Ethereum, and Zencoin. Honestly, I prefer to buy and trade it rather than mining.
I can't afford my electricity cost. It was so expensive.

[Thardz07]

For nowadays, it’s better to buy bitcoins than mining. The value of bitcoin is now cheaper than last year 2017. It’s better to buy now because its will surely gain some profits. Mining can get really expensive. Costs include buying the miner itself, accounting for its storage, security, electricity costs and even internet costs, its maintenance and the long duration of time and efforts. Therefore, with the amount of initial investment, there are no extra profits.

[bitcoinmasterlord]

I suggest you to buy some bitcoin instead of mining some. mining hardware can cost you hefty added with power consumption. even if you buy special ASIC hardware for Bitcoin mining it will not turn quite profitable at smaller scale. you will need larger farms to mine bitcoins with top tier mining hardware and other set ups. of course, it is gonna cost you enormously. well go ahead and create your own mining farm if you have millions. buying fraction of the coin will be most appropriate as per current BTC price.

I think its better to buy bitcoin when the value is decreasing or have dumping in the market than do mining because its not easy to do it, also mining need to work 24 hour in the front of your computer, then when you do it your power consumption surely is very higher because of 24 hours open of your computer. Also its better to buy than to do mining, because buying you can have bitcoin immediately while mining need to work 24 hours before you can get but sometimes not.

Yes instead of investing the big amount to buy mining machine better you can buy direct bitcoins. people think mining is easy but once you setup mining machine 24/7 you have to put one eye on your machine. any problem will occur at any time. the major problem is power issue suddenly the voltage increase means it will affect your power supply and switchboard will burn and etc. that's why i will prefer to buy bitcoins.

[marjoree]

 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.

In my opinion, it is better to buy bitcoin with its current price in the market than mining because it was an obvious that bitcoin's value will still increase as the time pass by. It is still up to your decisions and we are just here to give you some advice. For me, mining is costly because you have to consider the electricity that you will consume.

[qtronix]

I chose to invest in bitcoin and do not regret it at all. Mining is a very costly enterprise.

[spyerf]

The rate at which bitcoin has been reducing in price recently, I think it is far better to invest in mining equipment, mined and you can be profitable than holding bitcoin with the same money.

but by buying equipment, maintenance and also electricity, it is quite expensive, which if we spend it on bitcoin, that's pretty much as an investment capital. so I think by buying bitcoin to invest, it's easier and profitable.