The Bitcoin ecosystem… A place that is simultaneously fantastic and complex, especially for the newcomers. Bitcoin is a hard concept to understand by itself, but it gets even worse when actions like trading or mining come along.
But fear not, dear rookies, because here is an infographic created by Online Accounting Degree Programs that will make (almost) everything clear.
Now, In 2k17 or even in 2k18 all the things became much simpler, I know many guys who wasted about 5–10$k to build their own BTC farm. But now there are a lot of good and more profitable ways to start mining.
As for me, recently I started to work with cloud mining – that’s a really great way to start, without a high risks. For more info just Google It: Best Bitcoin Cloud Mining Contract Reviews and Comparisons **link removed**
Also I use Hashflare **link removed** for almost 2 years and this guys are know there business, so I would like to recommend you to start your way from cloud mining services. 🙂