Bitcoin - Should You invest in Bitcoin Mining?

in bitcoin •  7 years ago 

The Bitcoin mining industry has grown at a rapid pace.

Mining, which could once be done on the average home computer is now only done profitably in specialized data centers.

These datacenters are warehouses, filled with computers built for the sole purpose of mining Bitcoin. Today, it costs millions of dollars to even start a profitable mining operation.

Bitcoin miners are no longer a profitable investment for new Bitcoin users.

If you want a small miner to play around with mining, go for it. But don’t treat your home mining operation as an investment or expect to get a return.
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bro what if i want to invest in cloud mining??? is it profitable ?

  ·  7 years ago (edited)

yes bro cloud mining is very profitable....like hashflare and genesis mining they paid in bitcoin..
i will make a post in future how to make profit in cloud mining ....thank for reading...keep an eye on my upcoming post..

i just followed and upvoted you plz do the same for me

already done bro....

thanks

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