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.
It will only be profitable when the future price is up...
No don't buy asic for ltc or dash. It will be used as warmer machine in these winters. Better offload ur profits in buying cloud mining contracts for btc
Can anyone explain what more mining is all about?
Check out hashflare mining contract
I do with Genesis and hashflare both. For 100 Terahash plan generating 250-300$ per day as passive income
Ping me in private. I can send u pdf which I created for cloud mining
Go for cloud btc mining companies Genesis and hashflare. Genesis is out of stock. Only option is hashflare. 1TH @150$. Ping me comparison and profit details in private. Register here https://hashflare.io/login?ref_id=17A8840D
Well I found a guy selling 2 s9 miners new 13.5 th for 5000 . He asked me to send bitcoin directly this is either scam or great deal had good reputation on eBay hope I didn’t get scammed . https://rover.ebay.com/rover/0/0/0?mpre=https%3A%2F%2Fwww.ebay.com%2Fulk%2Fitm%2F122864148834
Don't get scammed. U can order directly from bitmain in their next sale.. Or go for cloud mining contracts
I’ve been looking into something similiar. Let me know how it works for you. Also. People suggest mining altcoins. Its hard to pay for the electric to mine btc