Hi all:

A group of friends and I have been talking about BTC for a while now and we think we could raise about $10k startup investment and some ongoing running costs.

We've been thinking about mining, like the whole idea of BTC is very interesting and wondered what you would do if you had $10k how you would invest it into mining.

We've been thinking about getting something like the KnC Neptune and going for it.
https://www.kncminer.com/categories/miners

Some of the group think we should start small, build a cheaper rig using 6 x Radeon R9 290X cards. The guys that want to go this route refer the lower initial cost and like the idea that you can use it on other currencies other than bitcoin.

And then the last few guys are also asking why we don't just buy bitcoins and hold them until they appreciate.

Personally I think the gfx route is naturally going to be limited in performance and the power consumption vs performance is going to be poor.

I like the idea of going for a big machine like the KnC but unsure if the hardware will live up to expectations, if not then that's a  lot of cash out of the window.

What would you do with this cash?

Happy mining