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Author Topic: Is it better to mine or buy Bitcoin?  (Read 2810 times)
mari12
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April 03, 2018, 07:18:33 AM
 #521

If you are looking for an easy way then you are better off just buying bitcoin and saving yourself the trouble because mining bitcoins now is no longer as easy as it used to be.
tonylewisverdu
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April 03, 2018, 07:20:25 AM
 #522

better to invest to other project than bitcoin.. i dont see any use of bitcoin rahter than the other which has its uses
aehsj
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April 03, 2018, 07:22:27 AM
 #523

I think that buying Bitcoin is the most direct way. Now that the market is in a downturn, buying Bitcoin now, I believe that you will get a huge fortune in the near future. I think you can buy Bitcoin directly.
BingoDog
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April 03, 2018, 07:26:14 AM
 #524

Neither. Buying bitcoins is expensive and mining is not profitable anymore, clould mining is ful of scam. Still buying is the fastes way to get to the coins.
If you have any options at all I would suggest to earn bitcoins, there are lot of opportunities, this is still the best and the most profitable way to get to the bitcoins.

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mel1978
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April 03, 2018, 07:34:34 AM
 #525


 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 is better to mine than to buy because you can earn more and have huge profit than buying bitcoins but it should have bigger capital to buy for the machine for mining. You should spend higher amount  of money for mining but if you do not have that amount maybe it is better to buy what the important is we earn with bitcoins by just holding it.
Naughty Princess
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April 03, 2018, 07:36:45 AM
 #526

Bitcoin mining requires high speed computers and efficient hardwares. Mostly it can cost from few hundred to thousand dollars. Bitcoin by default will make mining a difficult task with time (though miners can earn via transaction fees).

If you have enough time and money to invest in Bitcoins then go for mining otherwise buying Bitcoins is more easy.
Mining is really expensive where you have to buy equipment which you can actually use for buying bitcoin to start an investment. When you get huge profit, you can start to buy little by little the hardware that can be use for mining. Make money works. Buying is more faster to earn profit than mining.

rapsa2018
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April 03, 2018, 07:41:12 AM
 #527

it's better to buy bitcoin than mine because its low price now so I'm probably wondering how much you earn when bitcoin price rises.
crystalworld
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April 03, 2018, 07:44:11 AM
 #528

It all depends on what quantity you want and how fast you want it. If you urgently want bulk amount of btc then buying is better than mining.
Inovasi87
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April 03, 2018, 07:46:06 AM
 #529

Both are better in their own ways if only you have a capital to invest to buy/hold some bitcoins or buy some equipment to mine some bitcoin. Nowadays, if you mine bitcoin it wouldn't be just as profitable like before since the difficulty get larger and cost to electricity for some ASIC miner is huge to accommodate. I think those profitable of bitcoin are those who has farms of their own or those who has low cost of electricity regions. Better if you have small capital to buy right now since bitcoin is in dip then hold it on what objective you do want to sell it
laravuemaster
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April 03, 2018, 07:46:39 AM
 #530


 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 bitcoins or investing is really good because you can join trading in the market eventually and earn more profit depending on how hard you work but still you can build your own mining hardware in order to earn cryptocurrency passively.

fluctuations
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April 03, 2018, 07:49:46 AM
 #531

I find almost all the articles below to recommend investing in bitcoin. But do you think if someday the demand goes beyond without supply, what will it be like? From there you will know what you need to do .
Konco126
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April 03, 2018, 07:51:16 AM
 #532

I think both are equally good. If you are able to live both it can get a lot of profits but besides that you will also be able to risk so much. Because that risky activity will surely be profitable if lucky.
otong
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April 03, 2018, 07:51:41 AM
 #533

now is just a matter of time. we all need not be overly worried. we will see the price will follow up later. now we really have to be patient because the price is creeping up
mmp95
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April 03, 2018, 07:53:52 AM
 #534

I think mining is good because mining can bring you steady income every month, but it requires expensive equipment and cheap farms.
buharikx31
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April 03, 2018, 07:57:42 AM
 #535


 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 equipment worth more, would be better to invest using money buying cryptocurrency then buying all of the technic and managing how it would make you profit and it will take a long period of time to mine something and earn cryptocurrency


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KITTY 0108
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April 03, 2018, 08:00:59 AM
 #536

If in my opinion better buy, especially if buy bitcoin not too costly like mine, mining bitcoin in my opinion must have big capital.

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toop548
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April 03, 2018, 08:08:01 AM
 #537

I think it's better to buy Bitcoin. Mining requires expensive equipment, cheap electricity, and plenty of time... But to buy Bitcoin, you don't need it. Just buy Bitcoin at the right time and wait for Bitcoin's price increase.
gangem07
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April 03, 2018, 10:37:00 AM
 #538

If you have or if we have capital much better to buy bitcoin rather than mine bitcoins.Mining is no longer profitable at this time because of high cost of electricity but if we have enough capital is easy to have bitcoins.

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ganlianshifu1
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April 03, 2018, 10:41:58 AM
 #539

As the output of bitcoin becomes less and less, mining becomes harder and harder, and the balance of effort and reward is slowly tilting.

And mining requires a lot of money, and the BTC investment seems to be more profitable!
SaarMast
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April 03, 2018, 10:45:43 AM
 #540

In my opinion mining is more fun and I like to have fun so I would recommend mining.

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