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RE: Forks to Be New ICOs and China Bans Mining Crypto ?
Does that mean we the normal people can mine and profit gain? That cant be all bad?
Does that mean we the normal people can mine and profit gain? That cant be all bad?
No, not really. Unless you have at least $100k and have access to extremely cheap electricity there is no way you can make profit by mining on major coins and the small cap coins are a risky investment. It is a nice hobby and if the prices of coins will continue trend you will get your money back but just buying the coins is much simpler and brings more profit.
So true, too late in the game now with all the big players around.