Thursday, 1 August 2013

Bitcoin: Mine or Buy right Now?

With more and more publicity about Bitcoin, more people are mining and blocks are being discovered at a rate faster then every 10 minutes causing the difficulty to increase. So it is now harder then ever before to mine Bitcoins. GPU mining is a thing of the past. With several companies releasing devices specifically engineered to mine bitcoins, the difficulty has increased so much that it is impossible to turn a profit with a regular computer setup. If you want to make any money in bitcoin mining, you need an ASIC. Even with an ASIC,...