Post
Topic
Board Bitcoin Discussion
Re: Investing in Bitcoin.. or mining bitcoin?
by
pangolier
on 06/12/2017, 03:36:49 UTC
I do consider this a general discussion but if it needs to be moved, I apologize.

I was previously an alt coin miner for majority of the year. I had a decent sized operation yielding close to around 7-9 z-cash monthly. I sold my equipment merely because of electricity and truly believed with the right money in the right place, I could do fairly well in terms of gains..and I have so far. Nothing wild but, extremely fair.

Now my question is this, seeing this continuing rising bitcoin price.. exponentially rising btc price, ha. Would you consider it to be more or equally profitable to spend say, 10-15k on BTC mining equipment like A6 avalons or S7's and with a completely proper setup.. OR, research and diversify a strong portfolio with said 10-15k mentioned above.

WHERE do you all consider the gains are.
For me, just choose investing your money if your just for the profit and time free managing, but if your a miner before and you want to mine again then to do it because using that huge amount of money to start mining again is a big start to mine. Either of the two has its own positive outcomes and negative but if you know your doing well then nothing bad might happens.