A friend of my i introduced BTCbitcoin to in 2014 now want to invest $2,000,000 into bitcoin mining and his is asking me is bitcoin mining is still profitable?
I have drafted out my own list but i want advice from you all
This are some question he still asked me..
How much can he make from mining?
and what are the list of equipment we need to buy with the $2,000,000 for us to start mining?
What will be the monthly revenue?
What will be the yearly revenue?
Cost of maintenance?
TOTAL COST OF ELECTRICITY MONTHLY FOR ANY COMPANY OR INDUSTRY IN MY COUNTRY IS $4000
(electricity is cheap here)
Land (Space) have been bought by him
Honestly I wont suggest anyone to invest that much amount in any bitcoin related business.If he wants to invest in crypto,advice him to invest in various projects.The wise thing would be for him to invest just $10k and make it $2 million
Hahahah that's right 2Million it's enough amount for making companies or big project, but if he can get 2Million and why they do not know about the investing way for their money.?