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Thread: Nowadays bitcoin mining is not that profitable for end users

  1. #1
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    Nowadays bitcoin mining is not that profitable for end users

    You to have profit you would have to make a big initial investment in asics or so and there should be probably a long roi... so i wouldn't recommend it

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    I'm not really sure about that. I still believe that Bitcoin will continue to grow. We just have to wait.

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    Yeah, I also won't advise mining anymore. You might spend more than you would earn simply because of the mining expenses. For me, trading is the best route especially for beginners.

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    I will not advice anyone to into bitcoin .Your total earnings will be less than the amount invested most especially if you invest small. This because when price of bitcoin dropped, they will tell you,your daily earnings are lower than the maintenance fee so you will not receive anything as your daily earnings. Meanwhile contract time is not affected.

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    I tried mining bitcoin when I entered the market but it wasn't profitable because I did not have enough resources. That is why I just decided to trade the coin instead.

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    Mining companies should stop dubious means of cheating its customers. No one goes into trading with the mind of loosing money. If price falls was are all affected but if it goes up again it's not seen like that.

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    People should be encouraged to trade bitcoin rather to mine bitcoin. This will make more people come into crypto world because they will see profit.

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    i don't think mining will ever rise again
    or maybe i'm wrong who knows

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