bitcoin mining

in mgsc •  6 years ago 

As we all know Bitcoin started at 2009 . at that no one value btc . and we all know about pizza story of btc . how worthless was bitcoin at that time . but today bitcoin has that value which everyone cannot afford to buy it . and with this etherum also increasing very fast . today a middle class man who want to invest in btc he cannot able to buy 1 bitcoin . he buy some btc in satoshi .but if we think etherum .... we are able to buy etherum .

with this

some of us also think to mine bitcoin or cryptocurrency .By buying mining rig or bitminer or etherminer .but if we say that mininmum amount to invest in mining is Rs 120000. with this we are not able to mine 0.2 etherum in one month . with this we have additonal cost of electricity etc.

mining and buying

ex- if we invest Rs 120000 in mining rig that will mine approx 0.12 eth in one month with electricity expenses . and in one year etherum mining amount is 1.2 etherum in one year .rest miningamount of eth should increase or decrease its depend on block .

and

if we buy eth today of Rs 120000 the amount will be 4 etherum . we can buy 4 etherum and if we hold for one mont our amount should be 3X ..

i recommend to buy cryptocurrency rather to mine .

thanks

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really good post keep it up... upvoted.
upvote me back thanks 👍

i will upvote on your post and comment .

@piyush786 VERY INTERESTING FULL explanation ...VERY GOOD WORK BRO

Upvotes on my Post and we are toghther always

we are always together and work together . thanks for appreciating me .

@piyush I think etherium can go as high as 10x within the ending of 2018.

Great work!
Now return the favour

Nicely explained

Bullrun is comming