Better to sell the shovels here.I know this was big a few years ago, but is anyone currently mining bitcoin?
I own some gas wells so I have next to free gas to feed a generator to set up mining operations. Now that CME is offering Futures and Options products on bitcoin it seems you can create markets and hedge risk just like any other commodity, mining, or farming business. Curious to hear if anyone has tried to put the two together.
Its better to own the mining computers and rent them out to whoever wants to mine, instead of actually mining yourself.
You litterally have to spend the same amount of time and effort for both.
The difference is that if you rent out your miners, you get paid no matter what bitcoins` price is.