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Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE
by
mornabo
on 01/09/2018, 16:24:58 UTC
Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you
Smiley
The problem is not the room, the problem is your electricity bill, if in your country electricity is expensive then you are never going to make any kind of return with your mining hardware, on the other hand if you have cheap electricity then you have a chance to make profits, however right now is not the best time to mine since the price of every coin is very cheap and you could make more money by just buying coins.
The problem is also not on the electricity bill but the long term, whether it will remain profitable and ROI or not? because you know bitcoin mining will be increasingly difficult, reward mining will get smaller, especially if the cost of electricity in your country is expensive, if you really want to mine, look for altcoins to mine