You are viewing a single comment's thread from:
RE: Truth about Bitcoin Mining with Genesis Mining
One important factor of mining contracts is the cost average effect. Mining equals continually "buying" small amounts of crypto at different price levels. This minimises the risk of buying a certain amount of bitcoins at once at a high price... well ok and you may miss a price jump on the other hand....
You also loose opportunity cost too. If you were going to buy and hold and do nothing it could be a better choice