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
Wow That is a huge amount. but you must be carefull to choose minning site because there are so many minning site was a scam. I preffer like to do trade to gain my money, with that amount of bitcoin I will easily get enough profit although just sell my coin in a few above of price that I was bought.