Quote from: flip4flop on December 24, 2021, 11:59:47 PM

If I had 100k right now I would pre order the bundle of miners from Compass mining right now to lock in a pretty solid price and have them host my ASICs.

Can you name one "solid" price listed on Compass mining? I know my sight is bad but I did my best and found zero solid prices on their website, all that is there are overpriced future deals.

OP, it's pretty risky to have someone else host your gears, once mining is very profitable, it makes more sense for them to use their facilities to mine, and once and if a big player who can send them 10,000 gears that they have no extra room for, they will probably kick you and another a few thousand other small miners out, if you don't own the farm you just expose yourself to more risk to a business that is already risky.

With 100k you can buy 2.15 BTC today, or simply DCA your way with 1k every week or so, I don't know the future but I am willing to bet that no matter what hosting company you use or what gear you may end up buying, you will very, very unlikely make back 2.15BTC for the lifespan of the mining gear you are going to buy at current prices.

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I would keep roughly 20k in reserve if there was a pullback and more miners dropped in price so I would be able to DCA on the cost of my bitcoin miners down while generating revenue with the others.

Except for the fact that mining gears prices lag way too much, we are down 30% price from ATH, and gear prices didn't even drop 10%, so maybe if you still decide to start mining, the cash you leave aside would be better spent on buying BTC and / if it drops.