Is now a smart time to get into Bitcoin mining / how do I begin?

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#1Jan 29, 2021, 09:56 AM
I've been thinking about this for a while. I'm really into Bitcoin mining and have been investing a lot lately. Just looking to up my earnings, so any advice would be super helpful!
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farm23Full Member
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#2Jan 29, 2021, 11:26 AM
it almost exclusively depends on how much you would pay for electricity and if you have a place to put the asics
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DarkMinerFull Member
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#3Jan 31, 2021, 10:51 AM
Mining may not be profitable, the profit depends on your ability to manage the risk involved which even goes past the cost of buying and maintaining your mining equipment, electricity etc. Know and understand the challenges that miners face especially in your country, so you have and idea of what you may encounter. Some people mining are not just doing it for the profit, though it is a significant reason, but also the passion they have for bitcoin mining. If you want to profit from bitcoins, and that is your only motive, there are still other ways you can profit, not just mining.
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