Post
Topic
Board Beginners & Help
Re: How to best invest 100000€ into Bitcoin mining?
by
thy
on 12/09/2013, 10:49:49 UTC
Hello, I am Mr Flash, 13 years old, from Amsterdam, NL.

My parents are very rich and I told them to buy me mining equipment for bitcoin. They said I can have 100000€
to spend on bitcoin.
Now I want to invest about 100000€ into Bitcoin mining equipment to maximize €.

What is the best equipment you can currently buy??
If your not only trolling, i suggest you forget about buying ASIC's at the moment, at current price all ASICcompanys charge and the expected developement in difficulty 15 days from now and onwards there is no ASIC's that will be profitable, you woun't mine back the amout of coins they cost to buy in it's entire lifetime, and if you pay anything for electricity it's an even worse equation.
If you think the Bitcoin price will get higher in the future it will be a much better investment for you to just buy Bitcoins and hold on to them for a couple of years instead.