Does a crypto miner get higher profits compared to a forex trader?

7 Views
William Cummings
Answered 3 years, 2 months ago
<p>If you mine a crypto, and HOLD the coins you receive for your payout, and that coin moons in the future, then you make a big profit that can be bigger than investing. Mining is like printing paper money. Investing is like putting your money in a volatile, completely weird high-gain or high-pain bank account with interest, or in stocks.</p>
4 Views
Harvey Brown
Answered 3 years, 2 months ago
<p id="isPasted">As for the mining cryptocurrencies, they have been becoming the new ways of cryptocurrency these days. Earning money from mining cryptocurrency isn’t as easy as simply turning on your computer.</p><p>However, it probably gives you a higher profit than investing in them. Your specific profitability depends in large part on the cost of your energy. For example, as of Dec. 27, the estimated daily profit for an Ethereum miner using a single GPU was $4.59.</p><p>For Feathercoin, by way of comparison, miners were estimated to lose $0.58 per day. Obviously, to generate a significant amount of profit, you’d need to …</p>
3 Views
Albert Buchholtz
Answered 3 years, 2 months ago
<p id="isPasted">I always prefer investment and trading (buy/sell) crypto.</p><p>Mining is just a recurring income on weekly basis.</p><p>For long term investment, crypto is best, but always do heavy research before buying any coin, so market knowledge is required.</p>
2 Views
Christopher Campbell
Answered 3 years, 2 months ago
<p>As for the mining cryptocurrencies, they have been becoming the new ways of cryptocurrency these days. Earning money from mining cryptocurrency isn’t as easy as simply turning on your computer. However, it probably gives you a higher profit than investing in them. Your specific profitability depends in large part on the cost of your energy. For example, as of Dec. 27, the estimated daily profit for an Ethereum miner using a single GPU was $4.59. For Feathercoin, by way of comparison, miners were estimated to lose $0.58 per day. Obviously, to generate a significant amount of profit, you’d need to …</p>
2 Views