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RE: Which is the most easy and effective way to earn Bitcoin? [Comparison]

in #bitcoin8 years ago

You don't have to buy a whole coin, just a portion of one. If the value goes up six fold so does your portion. Successful mining in a profitable manner is entirely dependent on the availability of cheap electricity.

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Yes, I agree. But still mining today isn’t for everyone. It is more suited for large corporations. It is very difficult for individuals to make a profit out of it with the increasing difficulty. I will not advice it to anyone unless they have a free electricity supply and money to buy the equipment. Also, there is the issue of excessive heat and noise produced. I think cloud mining is slightly better option but that too is a very slow process compared to revshares.

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