Buying Bitcoins Versus Mining Bitcoins
As Bitcoin’s price continues to drop recently, there have been a lot of questions from people, asking if it’s better to mine Bitcoins or to buy them. Last year, Bitcoin was initially covered because many people took up the “leisure” of mining for crypto at home. Some where around "April, 2013" it was highly possible to generate some nice amount of BTC through home mining with your CPU using your laptop / desktop computer, even using your graphics card. But since then, home mining has became a little more difficult due to the burst and increase in BTC price. today it is likely impossible to mine at home without investing a substantial amount of money into electricity.
Now the question is, if I have $10,000 to invest in cryptos today, would it be better to just buy crypto-currency with this money or use it to buy the mining equipment instead and use it in mining them.
Opinion;
I would suggest, that it would better to buy into these coins instead of mining them. Because with this approach I don't have to worry about electricity rates, the potential increases in the mining difficulty and it saves me the time and trouble in stetting up mining equipments.
thats it steemanians , please upvote and comment with our opinions...thanks