Post
Topic
Board Mining (Altcoins)
Mining into the future
by
carvincam
on 31/01/2018, 14:18:25 UTC
Hello everyone is this is my first post. I've been investing in cryptocurrency for about 6 months now, and am recently a new miner. I have a few questions that I hope some of you may be able to genuinely answer.

I have a private party potentially willing to invest, lets just say upwards of $50,000 into mining hardware for me to run and manage a mining farm. We have not yet negotiated the exact terms, but they would be willing to pay me a percentage of the earnings for long into the future, or affixing a portion of the rigs to mine directly to my address.

If I were to accept this project it would constitute a complete move for me and my family. As a relatively new person in the cryptocurrency and mining world, I would like to know everyone's general consensus on the overall long term scalability and profitability produced from a mining farm.

Since I believe in the long term scalability of blockchain and cryptocurrency, I feel obligated to accept this business proposal. Needless to say there are obvious risks involved. I am curious to know if there is anyone else out there who has successfully made a living off of mining, are continuing to do so, and what their outlook is for the future.

Thanks.