RE: Is Bitcoin Mining Worth The Risk

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Is Bitcoin Mining Worth The Risk

in bitcoin •  7 years ago 

Bitcoin mining may not be that profitable now but I see the price of Bitcoin going beyond the $10 000 in the near future. Hence a small loss will now will be a big gain for tomorrow.

Nice post!

bitcoin
7 years ago by

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      ·  7 years ago 

    I agree with you on this. Longer term 40-110K

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      ·  7 years ago 

    Why have a small loss now with buying hardware, setting it up, power, heat and all the time when you "earn" more just buying BTC? It is more profitable for avarge Joe

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        ·  7 years ago (edited)

      This is also true and worth the investment.

      However, am a technology geek. I like to understand and work with the source. I find this more exciting :)

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          ·  7 years ago 

        I tend to agree with you. It is gong to lose money for a while but if the coins are kept, they will become profitable if the price goes up.

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