If you had $100k USD to invest in BTC hardware mining, how would you do it? I'm interested in hearing thoughts on location, hosting, splitting investment across different miners e.g S19s, M30S+. Buying hashpower instead of hardware, etc.
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I am surprised that half of mining sites works with point means if you invest 100 $ in hash power you have 60 $ available to cash out means in another term a HYIP system pretending mining and hash power. Mining means buy hardware equipement and do installation.With limited knowledge about mining, I would rather buy hashpower and earn money passively this way. It will take time to recoup my money, but it's better than attempting something that may fail woefully.
I've never really given it much thought or research, but if that's the way it works, I would rather not have anything to do with it.I am surprised that half of mining sites works with point means if you invest 100 $ in hash power you have 60 $ available to cash out means in another term a HYIP system pretending mining and hash power. Mining means buy hardware equipement and do installation.
That’s the exact way I thought of it too. Basically a HYIP where you only have a small percentage chance of actually getting paid.I am surprised that half of mining sites works with point means if you invest 100 $ in hash power you have 60 $ available to cash out means in another term a HYIP system pretending mining and hash power. Mining means buy hardware equipement and do installation.
I would rather invest such amount in buying some OG coin. That should fetch you more in a long term than mining.If you had $100k USD to invest in BTC hardware mining, how would you do it? I'm interested in hearing thoughts on location, hosting, splitting investment across different miners e.g S19s, M30S+. Buying hashpower instead of hardware, etc.
Could you tell more us please about OG Coin? Does it a coin for a game or mining site or app or anything similar to this?I would rather invest such amount in buying some OG coin. That should fetch you more in a long term than mining.
Avoid this, going after every coin is not beneficial, especially when market is showing green.Could you tell more us please about OG Coin? Does it a coin for a game or mining site or app or anything similar to this?
That's point on! it is better to invest in crypto assets than to invest such a small amount in cryptocurrency mining. It will be a total waste of time.Instead of investing in mining hardware, I would prefer to invest in crypto assets. Mining needs Maintainance, when you invest you can go back to sleep.
I wouldn't say waste of time because if mining was not profitable why on earn big businesses invest in mining? In my opinion, mining is basically for big investors.That's point on! it is better to invest in crypto assets than to invest such a small amount in cryptocurrency mining. It will be a total waste of time.
Mining is good if own power plants are set up for mining as nowadays various states do not give rebate on energy for mining.I wouldn't say waste of time because if mining was not profitable why on earn big businesses invest in mining? In my opinion, mining is basically for big investors.
Totally agree, mining over time needs more and more investment to give you good profit margins, it is not something for small investors to tell the truth.I wouldn't say waste of time because if mining was not profitable why on earn big businesses invest in mining? In my opinion, mining is basically for big investors.
It needs more investment and it may be sometimes tiring. Some people may not have enough money to investTotally agree, mining over time needs more and more investment to give you good profit margins, it is not something for small investors to tell the truth.