Surely many of you have wondered: "What is more profitable: mining Bitcoin or just buying it.
14 Mar 2023, 16:31
Surely many of you have wondered: "What is more profitable: mining Bitcoin or just buying it?"
If you aren't an experienced trader who knows how to masterfully play on the cryptocurrency exchange rate, then BTC mining will always bring you more profit.
Let's look at the situation by using an example.
Let's say you bought 1 Bitcoin and spent almost $26,000 on it. To make money you need to wait for growth in the value of BTC. This investment won't bring you any rewards while you're waiting.
Now let's consider what'll happen if you invest the same amount in mining. As you know, it is much more profitable to mine BTC with our products, so for this example, let's use the purchase of NFT by GMT.
For the cost of 1 Bitcoin, you can buy six 4XL Greedy Machines and one 3XL, 35 W/TH Greedy Machine.
Unlike the purchased Bitcoin, your NFTs will start to bring you profit on the 2nd day, regardless of the volatility of the exchange rate. In addition, you will own a portion of real equipment.
Even if you don't want to wait for BTC to grow and decide to exit mining at a low rate, you will be able to sell NFT and return the funds in full or part, plus you will still have the mined Bitcoins. At the same time, if you have invested in Bitcoin and decide to sell it at a low rate, you will simply lose your money.
If you play for a long time, then after your NFTs get the first Bitcoins for you, they will continue to mine, bringing in even more.
Simply owning BTC will never give you as much revenue as mining it.
And our company will continue to do everything to make mining with our products even more profitable for you.