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Buying vs. Mining Crypto (Profits compared!)



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In this video I go through the difference in profitability for mining crypto vs buying crypto. A lot of people feel like buying crypto like bitcoin or Ethereum is a better way of spending money rather than buying equipment for crypto mining. So in this video I sit down and do the math for how much profit you end up with after 1 year, 2 years and 4 years of either buying or mining crypto. The first example I use is either buying $600 worth of Ethereum or a $600 GPU and mining Ethereum on it. Now, granted, we won't be able to mine Ethereum for that much longer. So I also do a second example of buying $600 of Flux vs a $600 GPU for mining Flux. After watching this video I hope you have a clear picture of if buying or mining crypto is best for you. It goes without saying that nothing in this video is financial advice.

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Category
Cryptocurrency Mining
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