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Start mining.. Is it a good idea??
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Topic: Start mining.. Is it a good idea?? (Read 354 times)
oneonlyurl
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Re: Start mining.. Is it a good idea??
June 11, 2018, 06:21:38 PM
#41
I dont think mining is a good idea now. With the difficulty getting higher and the initial investment you have to do. Especially for bitcoin.
Maybe you can take a risk and mine a new coin, but yeah.. thats a risk
huhhuh18
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Re: Start mining.. Is it a good idea??
June 11, 2018, 10:22:36 PM
#42
You did a very good analysis. So I'd say if you don't have the appropriate equipments that can make you earn better then i think you should halt.
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moivenamer
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Re: Start mining.. Is it a good idea??
June 12, 2018, 08:55:51 AM
#43
It is a good idea if you have the right hardware to start mining activity. If cost of electricity in your country is cheap, then it will be also a plus factor in your mining activity.
Dudeperfect
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Re: Start mining.. Is it a good idea??
June 13, 2018, 05:13:17 PM
#44
To be honest, mining is a serious business now and we should leave it for those who treat it professionally. One might lose his money if someone is doing it in a wrong way. One should always get the deep understanding about mining activity before actually starting mining. Stay away from the cloud mining and web mining contracts if you want to avoid scams.
Gaselemeg
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Re: Start mining.. Is it a good idea??
June 14, 2018, 09:17:42 AM
#45
Every year bitcoin mining becomes more and more labor-intensive, because the complexity of mining changes periodically and the reward decreases every year. So i would prefer to not even start.
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rassamah85
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Re: Start mining.. Is it a good idea??
June 14, 2018, 10:30:27 AM
#46
Start mining ETH or another altcoins. Bitcoin mining needs bitcoin mining hardware, that means to use too much financial resourses. In addition, the complexity of mining increases more and more.
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