I have made about 3 to 4k investing in bitcoin litecoin this past two weeks. I was thinking to sell my profits and buy a l3 lite coin miner on eBay . They sell for like 3500 is it worth it ? Or is it better to just let it all ride ?
Mining difficulty has gone way up. It's tricky to turn a decent profit. Since 2014, I've done it all, built a rig myself, cloud mining, mining pools etc. When I initially started, I made more than enough to pay my rent, utilities and electricity bills. In late 2016/early 2017 is when I saw the spike in mining difficultly.