If I bought Bitcoin or set up Mining Rig in January 2017, Which ONE is more profitable.

in #bitcoin7 years ago

Hi friends, I will analyze a very important question as you can see in title. Lets start.

Imagine, you set up mining rig with 10,000 dollars budget. You bought mainboards, rams, harddisks and some 8 GB Nvidia GTX 1070 screen cards. You can refund your Money nearly in 8 months.
Other 4 months you can make profit. Profit is nearly 5000 dollars. You made 5000 dollars with mining rig. Lets look buying bitcoin.

Imagine , I had 10,000 dollars in January 2017. I decided to buy bitcoin. Bitcoin was nearly 1000 dollars in January 2017. I boguht ten pieces . How much is my profit at the moment?
Bitcoin is nearly 17,000 dollars right now. And I bought ten pieces. I have 170,000 dollars at the moment. So my profit is 160,000 dollars.

To sum up, buying bitcoin is more profitable than mining rig. Also mining rig require empty area and electric without money. Buying bitcoin require anything without Money.

Look at graphic.

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