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I was looking to get into bitcoin mining. I had some questions, and wondered if anyone here that does this could answer a few questions.
1. Is it worth it?
2. What kind of setup should I get?
3. How much should I expect to make?
Thanks in advance for this! I am looking forward to responses.
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I wouldn't recommend it, btc mining doesn't produce profit anymore unless you have a warehouse full of mining rigs.
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If you set up your own mining rig, it can cost you a lot of money. It will also cost you a fortune for running the miner. However, if you invest in cloud mining program you can get started with bitcoin mining for a small price. However, there is a drawback of cloud mining as there are a lot of scam programs. I myself lost some bitcoins on a fake cloud mining program.
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I wish I got into Bitcoin back when it was a growing thing and also when I wasn't an adult who was paying the electric bills haha. Is it really no longer profitable to just set up a computer and go to town getting some Bitcoin nowadays then? Is this not something one could do with other crypto currencies to get some money instead? I'm a bit a of a novice when it comes to all this so apologies if I am asking silly questions! What cloud mining program would you recommend Luri?