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    Author Topic: mine a Bitcoin or buy a bitcoin?  (Read 1748 times)
    BitcoinPanther
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    September 01, 2022, 10:58:29 PM
     #81

    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. 

    The mining suggested by OP is cloudmining which can be purchased cheaper than the usual mining rig since it can be "bought" per x hashes.  But the thing is cloud mining has been proven unprofitable and most of the service offering cloudmining either closes or turned into a scam.  Even the well know CEX.IO which is once one of the largest cloudmining company changes its service because they are getting bankrupt. 
    Between mining and buying Bitcoin, I always think buying Bitcoin is the better approach for a non-technical person.
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