Hi there! My name is Agustín and I'm from Argentina. I've been interested in crypto for a couple of years now, but now with a couple of friends we decided to invest in mining.
We live in Argentina where electricity fees are very low. Our first choice is to put together a GPU rig to mine ETH and then reinvest our earnigs (I expect to be in 12 months max) in a good ASIC for mining BTC.
But of course, I'm writing this to ask help to the experts. What would you recommend me? Thank you so much in advance!
Now it's GPU vs ASIC, you can earn ROI faster with Asic miner if you go with the fastest ones but once the become obsolete it's the end, you will have hard time trying to sell compare to graphic cards, GPUs can still be used for graphics work and also gaming so you can sell them easily in future
I think this is my only "fear" about this investment. Let's say I buy the new Antminer of 100THs next June (I won't)...when will it be the best time to sell it? What is the average useful life for a brand new ASIC miner?