I had done some CPU mining back in the early days, then GPU mining some alt-coins back in the big run up in 2013. I've been out of the game for the last year or so, because the economics just didn't make sense.
I just moved into a new place, and am getting solar installed that will just about net out my electricity usage. What that means is that I should have some capacity in my "base" tier ($0.07 / kWh) to run an asic miner, if it made sense.
To be honest, I don't know where to start. Is it best to buy new miner or get an older miner used? Is there anything coming available soon that would make sense to wait on? Is there anything available today that can be run small scale, and not cost more to run than it makes?
I'm not looking to get rich, it would be more of a hobby thing. But I don't want to run the hobby if it's going to run negative the whole time.
Solar is honestly a different investment then mining. It can be used for mining but think of them as 2 investments. If using a decent quantity of miners it just would take a ton of solar gear, and is cheaper to follow cheap electricity.
A week ago I would have said heck yea go get a S5. But with around 100 in a week higher price I would say do your ROI math. For some there is profit others there is not.
And honestly everyone that bought their gear a while back and still mining with it is the ones that are doing good at home mining.