Is getting a cheap miner worth it?

I would be mining in Mexico so electricity would be pretty cheap compared to lots of countries.

Thinking of getting like a $2000 miner on Amazon? Is it worth the cost and trouble?

Opinions?

submitted by /u/PermanentRecovery100
[link] [comments]

from Bitcoin - The Currency of the Internet https://ift.tt/HFfvpg7


from Earning Money & Investing Online with BitcGuide https://ift.tt/9406eXJ
via BitcGuide

Comments

Post a Comment

Popular posts from this blog

Australia’s Northern Territory mulls landmark crypto gambling regulation

Image
“It's clear from the draft framework that what they're looking at is wagering using cryptocurrency,” said Julian Hoskins, the principle of gambling law and regulatory advisory firm Senet. Australia’s Northern Territory Racing Commission (NTRC) is consulting with its gambling licensees over a tentative proposal to incorporate crypto wagering as part of the regulated gambling industry. For the most part, gambling in Australia is regulated at the state level and not federally. The NTRC oversees all gambling and wagering companies that choose to be licensed in the Northern Territory (NT), including global wagering companies such as Betfair, Entain Group, Draft Kings and Sportsbet. As it stands, the NTRC has sent a private document out to licensees, which seeks input and feedback on what the regulatory landscape could look like to get crypto wagering off the ground in the NT. Julian Hoskins, the principle of one of Australia’s major gambling law and regulatory advisory firms Se
Read more

Bitcoin is the future, YouTube star KSI says

Image
British YouTuber KSI blames "over leveraging" for his previous loss of $9.74 million (£7 million) in crypto investment. Prominent YouTube star KSI belongs to the group of crypto investors who have made and lost a lot of money during the last Bitcoin ( BTC ) crash. However, the United Kingdom-based influencer’s latest interview showed his continued support and belief in the Bitcoin ecosystem.  Answering the hypothetical question of “if you were prime minister,” KSI, a.k.a. Olajide Olayinka Williams "JJ" Olatunji, shared his interest to “give everyone £100 worth of Bitcoin” in the form of a stimulus package. Claiming to back the crypto ecosystem, KSI said: “I think Bitcoin is the future. It’s definitely going to be long term, but in ten years’ time, people who invested will be laughing.” The YouTuber also contrasted fiat currency’s ongoing inflation with Bitcoin’s price owing to the traditional practice of printing money. He further strengthened this claim by st
Read more