Cryptocurrency and BitCoin (BTC) Mining

It was roughly 2 years ago when I’ve started looking at BitCoin(BTC) and first impression was: WhoTH will be willing to spend 400 EUR for 1 BitCoin? Fast forward 2018, last check it was 13,500 EUR.  2 years ago, for every 1 EUR investment it will be x33.75 (3375%).

At this moment, I’ve invested into different virtual cryptocurrencies such as LTC, ADA and ETN. Hopefully this will go to the MOON.

Also invested a coin called PACCoin for 30 EUR a week ago and it’s now worth 300 EUR. That’s 1100% increase in just a week. Should’ve invested more.

Lastly, I’m looking into different options of BitCoin mining, from buying your own AntMiner S9, this roughly costs (3,000 EUR) or assembling your own 6GPU rig, will roughly cost 2,500 EUR both options requires a lots of upfront investment. Another option is to do cloud mining. I’ve looked at numerous cloud mining provider, Genesis doesn’t have a contract for SHA256 mining therefore next possible option is to go Hashflare, this company according to google search is also producing bitcoin mining machine. I’ll provide an update in the future based on my experience using this cloud mining provider.

If you want to try cloud mining click BitCoin Cloud Mining – Hashflare.io. The link contains my referral code 🙂

Now some terms in cryptoworld:

FOMO = Fear of Missing out

MOON = This refers to a crypto’s upward momentum as it keeps climbing in price, as in, The price of this coin will one day go to the moon!”