Mining hardware is just as useless if you are not located in China w "free" electricity or some of the colder US state or Iceland or whatever. The ROI margin is so thin that only the biggest players profit from the market or insiders who gain the modern mining equipment pre public release (before difficulites rise). If you would be an insider, you would be mining already with these miners and wouldn't ask for others money first.
As I already wrote, so many red flags it hurts. I see no chance that there will be any profit in a project like this for investors.
That's completely right. And also, if you already have invested in solar panels that will compensate for your high electricity bill at the end of the month. That will surely help. Otherwise, you need to assess which coin will be profitable on top of this bill. And as you said, its "ROI margin is so thin". I fully agree with that.
And I'm glad that you are opening the minds of MINEX.IO, of what kind of project that they will be engaging with before submerging themselves in a deep trouble.
Instead of buying own rigs, you can invest in someone's rigs.
That's exactly what Nicehash does, but without getting involved in a 3rd party issued token/currency. People leasing their mining equipment there get directly paid in BTC, which lets just say, is also superior.
Not sure who came up with your ideas really, but he sure didn't sit down with industry relevant minds to discuss it.
I really, really wouldn't spend my time here if the ideas weren't so utterly bad, believe me. I'm fine with helping out some people to avoid this.