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Bitcoin Trading is considered the new profit-making avenue, but Bitcoin Mining can be way more profitable. Here are the factors which make Bitcoin Mining more profitable than Trading.
Considering the current price of Bitcoin, it is highly unlikely that most investors will be able to afford it. However, the good news is, there are more than one ways to own Bitcoin and other cryptocurrencies. Bitcoin mining, while highly competitive, is a highly lucrative industry.
With the advanced ASICs machines and intuitive mining softwares, miners can not only cover the initial costs of the equipment in a single year but also earn a significant profit. The popularity of Bitcoin mining has grown hand-in-hand with the acceptance of cryptocurrencies.
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