Mining. Bitcoin mining is gambling. A real casino. Trading is not.
With the right leverage, the right balance and the right strategy, forex is an investment tool.
Once you'll see what's happening on the bitcoin mining world, you'll be sure that even, with wrong leverage, wrong balance, wrong strategy, forex is just a 2 possibilities dilemna.
Sorry, I didn't mean to support bitcoin mining world 'in your term' when quoting.
Don't be sorry
Mining. Bitcoin mining is gambling. A real casino. A russian roulette. Trading is not.
Well by definition, if i understood the concept, mining (crypto) is about finding an unknown value called "nonce" for which the final result of the hash algorithm is lower than a predefined target value.
In the case of btc, this value may be anywhere between 0 & billions. When the equation is finally resolved, a block is found and there's a reward of 6.25BTC for the finder.
Those crypto-farms with plenty of gpu/cpu/asic increase/force their luck : they are massive lottery ticket buyers - they aim to try all combinations from 0 to billions one by one, one after one, until finding the right one !
So yes, it's a giant public lottery.
Please enable the necessary setting in your browser, otherwise you will not be able to log in.