RE: Forks to Be New ICOs and China Bans Mining Crypto ?

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Forks to Be New ICOs and China Bans Mining Crypto ?

in bitcoin •  7 years ago 

No, not really. Unless you have at least $100k and have access to extremely cheap electricity there is no way you can make profit by mining on major coins and the small cap coins are a risky investment. It is a nice hobby and if the prices of coins will continue trend you will get your money back but just buying the coins is much simpler and brings more profit.

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So true, too late in the game now with all the big players around.