100 sats \ 0 replies \ @kingzing131 12 Mar \ on: To mine or to spot buy, that is the question. bitcoin
I have a bitaxe ultra, definitely just in it for getting into the entire Bitcoin ecosystem.
Bitcoin mining is like leveraged play on Bitcoin price. When Bitcoin price crash, even the miners get cheaper.
You want to secure best miners prior to the pump, but it takes months to deliver and setup miners, a market crash would leave you wondering if you should even mine at a loss.