mine a Bitcoin or buy a bitcoin？

[amishmanish]

I think cost of mining is no longer sustainable for small miners. Yes mining farms can still make a cut but it is still very little to have any real big income these days...i truly had started to realise that Bitcoin itself need to evolve now.. Bitcoin need to help itself.. we need Satoshi to resurrect to set things in order again.

[gunhell16]

Mine bitcoin or buy bitcoin, it is always important in this industry. Now, if you are the one who just wants to have bitcoin that you have nothing else to do, and you have a lot of money, it is suitable for you to just buy a mining rig or just mine bitcoin even if you don't trade in any exchange.

Now if you don't have the ability to buy mining rigs so that you can mine Bitcoin, it is suitable for you to buy bitcoin from any well-known crypto exchanges here in the world of crypto with the budget you have, you can buy bitcoin and you can trade either buy or sell.

[Ziskinberg]

Although the return of buying currency is high, the risk and return coexist, so investors also need to bear the risk of the currency price falling. And mining money is drought and flood guarantee. As an investor, we should take a long-term view of mining machine production.

Keeping in mind the risks whether it was mining or investing in crypto is not a healthy practice as this only affect your decision-making and it leads to uncontrollable emotions. We just choose and do whatever we wanted providing that we know ourselves we can do it and never hesitate to take the risks for there are no rewards for those who are afraid of it.
Mining - huge expenses, huge capital, high risk but possible a big profit
Buying Bitcoin - you can just spend a small amount, less risk, and still, earn a profit

[TheUltraElite]

Since I have no knowledge about bitcoin mining, I prefer to buy bitcoin because it seems easier. I'm not sure if I'm correct, but it seems to me that the basics of mining are very difficult to understand, especially for us less experienced traders. Of course, if given the opportunity to learn how mining operates, I would jump at the chance.

Nothing is difficult to learn if you have the interest in it. Mining is no different, but the real problem lies in acquiring the ASICs and running them on a place that you own and maintain. It is more of a full-time job and trust me, the hash-war is not something you want to end up getting burnt in, your entire investment in the form of buying the ASICs, the plot, equipment and manpower will be difficult to get a ROI from.

And Cloud mining is a scam, without a doubt. Dont fall for those schemes.

On the contrary, buying bitcoin or earning it through different sources, is much less of a chore. You can hold it or sell it when you wish and get the fiat money to spend or spend the bitcoin directly if your country is compliant with it.

So for investment or future profit purpose, buying/earning bitcoin is what I recommend to every newbie.

[Flexystar]

Mining is more or less long term business. If you want to get good income from it then obviously it’s gonna need huge investment which would be stuck for very very long term. You will have to plan your finance accordingly. It’s definitely start generating money right from the day you fire up your mining rig however get ready for surplus charge like electricity bills, maintenance now and then, upgrading rigs with new cards or newer versions of ASICS etc. More or less you need to plan and execute your mining farm activities and make it work for you.

On the other hand buying bitcoin directly is risk free. The only risk is your time and value of the bitcoin which will change and accordingly you keep getting profits.

[Piesel]

I will still prefer to mine Bitcoin than to buy it, because on mining Bitcoin one gain a lot of technical knowledge and is able to solve complex mathematics using computers eve as fun as that sound, the difficulty level is high compare to buying.

Buying bitcoin is the easiest way to own Bitcoin since one does not need to have required knowledge on Bitcoin technicality to hold Bitcoin and considering how hard and difficult it has become to run a mining ring.

When you talk about the cost of both then I will say buying Bitcoin is less costly than mining Bitcoin, since in mining Bitcoin one need to get the latest equipment and devices to get a good operation and these tools cost money even the cost of shipping them to your location and restrictions make this venture a no go area for norbs.

[Inwestour]

Once you've made that little calculation, you've already seen which one is more profitable to do. Instead of spending more money to buy equipment to mine bitcoin, it would be better if we used that money to add to our initial capital to buy bitcoin. We can also have the opportunity to make a profit after buying bitcoin because, who knows, the price can immediately jump high after we buy it. And although the price of bitcoin is still long to be able to increase, we don't have to pay any fees because we only need to store and hold it for a while.

In addition to the cost of buying equipment, you need to think about the fact that not everyone has the knowledge to mine bitcoin. For me, in this matter, the unequivocal answer would be to buy bitcoin. Because it's easier for me, I just buy some Satoshi every time I get a chance, I don't have to think about buying equipment or paying electricity bills, but I just buy bitcoin and keep it in a cold wallet.

[PX-Z]

Investment wise, i'll go buying. Mining will take years before you reach your ROI.

Those user who chose mining should have enough reasons not just simply, "to have profit in the long run", "help blockchain network", "learn technicals", etc. We're talking money and investments, simply a business.
There are lots of consideration to mine bitcoin. Location, hardwares ^{(including installations and maintenance)}, electricity, man power, running a business regulation/requirements, lastly a huge sum of capital. Now if you have it all and have easy access to them, then that's a good choice to go mining.

[Retiicle]

I believe that buying bitcoin is a better option than mining it. You can buy bitcoin with an amount you can afford as there is no limit to how much you must put at risk. But when it comes to mining bitcoin, you will have to buy hardware with a certain configuration that comes with a high price tag. On the top of that, there is no guarantee if you will be able to mine bitcoin successfully or not. So, better go for a safer option which I think is trading.

[piebeyb]

I don't get bitcoins from both of them, if you look at building bitcoin mining it's not cheap and even costs quite expensive, I also don't have money to buy bitcoins, I just look for free bitcoins from this forum or free sites looking for bitcoins out there, I used to be used to it. getting bitcoins from the faucet is now no longer because the bitcoins I have are enough for me to save as a long-term investment

[Rigon]

Of course, everyone's opinion is different, some want bitcoin from mining, some want bitcoin by buying. and both also have risks, but I myself prefer to buy to get bitcoin.

People are not very confident in mining. It seems so unbelievable to me that I never believe in myself.But people now prefer to buy not for mining. There is a confidence and freedom in buying and investing.People don't invest by buying and mining bitcoins now.It is better to invest by buying bitcoins than you will definitely spend more for mining.

[Jatiluhung]

actually i am interested in bitcoin mining to collect bitcoins. and have not been able to study it thoroughly. because of the limited free time I have. so at the moment I prefer to collect bitcoins with incremental purchases. with cold money that I set aside every month. although I buy little by little but I'm sure if I continue to be consistent in buying one day my BTC will be a lot.

[TheUltraElite]

I don't get bitcoins from both of them, if you look at building bitcoin mining it's not cheap and even costs quite expensive, I also don't have money to buy bitcoins, I just look for free bitcoins from this forum or free sites looking for bitcoins out there, I used to be used to it. getting bitcoins from the faucet is now no longer because the bitcoins I have are enough for me to save as a long-term investment

Faucets are worth shit, so dont go for them but you can always go for bitcoin paying services which you can offer.

Of course mining and its full infrastructure is a full time job and not a side-hustle. Therefore it should be done only by some specializing in it and has enough initial capital plus additional capital to run the farm and ROI within a stipulated time.

It is not as easy as it sounds, because of the constant competition between different mining pools to get proportionate share from each block subsidy the hash-wars become real.

Keeping a day job and earning bitcoins or buying them seems like the perfect combination for any average Joe.

[ChiBitCTy]

At this point in time it’s completely unrealistic to talk about mining bitcoin unless you’re a multi-millionaire and plan on opening up a serious mining rig set up. I do sure wish that I was around for the days where you could simply mine bitcoin via you’re CPU.

 If only I could have seen in to the future

[Jawhead999]

I don't get bitcoins from both of them, if you look at building bitcoin mining it's not cheap and even costs quite expensive, I also don't have money to buy bitcoins, I just look for free bitcoins from this forum or free sites looking for bitcoins out there, I used to be used to it. getting bitcoins from the faucet is now no longer because the bitcoins I have are enough for me to save as a long-term investment

I'm not completely sure what do you mean about free Bitcoin from this forum, if you're refer to signature campaign or bounties, it's not actually free since you're need to fill the requirement of the campaign which is need time and effort. Some bounties even ask KYC to get the distribution, it's like sell your ID to get worthless coin IMO, that's not a good way to get few bucks only.

There's an another way to earn Bitcoin, by offering your service or skills you have and accept Bitcoin as the payment.

[CryptoHeadlineNews]

In general, there are two ways to acquire bitcoins: buying them with real money or "mining" them.

It seems you forgot the third way of acquiring Bitcoin, which involves working for Bitcoin (earning Bitcoin) Because since the investion of Bitcoin in 2009, these has been the three ways of owning a whole or fraction of Bitcoin. Because just like the bitcointalk forum whereby you get to earn a fraction for effectively communicating for it's development, together with exchanges who pays you a commission for promoting an affiliate link and online sites who pays you Bitcoin for writing a blog post (freelancing jobs), many others numerous to mention

[Rufsilf]

It wasn't confusing anyway which one to choose. Just think about yourself and what you can really afford OP.
Think about that mining needs more capital to start a business like this, unlike just go buying Bitcoin because even with small amounts you can have it already. Well, even though you can really afford to put up mining machines due to mining competition, It is really preferred to just invest and hold, it was no hassles on our ends and we can still make another business. 

[isaac_clarke22]

~

Back then, faucets were really worth the claim. I had couple of conversation from some users in different boards about their experience with faucets w/o referrals back before I bought my first Bitcoin (pre-2017). Right now, they were pretty much waste of time and I can recall my experience not having to even claim my 10k sats since I usually only get 10-100 per 5 minutes and doing rotation in between faucets are so tedious that I did not even try to reach the minimum in order to do a withdrawal.

Gotta love those days if I just discovered crypto earlier.

[AmoreJaz]

It wasn't confusing anyway which one to choose. Just think about yourself and what you can really afford OP.
Think about that mining needs more capital to start a business like this, unlike just go buying Bitcoin because even with small amounts you can have it already. Well, even though you can really afford to put up mining machines due to mining competition, It is really preferred to just invest and hold, it was no hassles on our ends and we can still make another business.  

if you are really not a miner, or has the passion for this type of work, better not go into this endeavour. just buy and hold, if you do believe that btc will have bright future. less trouble if i may say. also, take into account how much will you put into your mining equipment, can you wait to get a hold of those satoshis, and be patient enough to receive your ROI? you will spend a significant amount of money on mining, whereas, you can slowly accumulate your satoshis.

[Emmanuelex]

I have not had experience of how mining works, so I can’t tell you that I am hundred percent sure it would be profitable or not, but from what I have seen others say about it, it is not so much profitable, except for big companies that owns a mining farm

For me, it has always been to buy the coins I need, and I don’t have any problem with that
In terms of price fluctuation, it’s a normal thing that happens and we have to be aware of that. Even if You choose to mine, the coin can still drop in value after you have mined it. It’s just the same thing, but gotten through a different means.