Hey all,
Pretty much as the title says - if you had $100k USD to invest in btc hardware mining, how would you do it? I'm interested in hearing thoughts on location, hosting, splitting investment across different miners e.g S19s, M30S+. Buying hashpower instead of hardware, Here's some info to bear in mind (happy to answer more questions if you have them of course).
Located in the UK but happy to host overseas - ideally US, currently considering Compass for hosting but very open to others
Basic experience in working in a mining pool
Decent understanding of technicals e.g difficulty, hashrate, BTC price impact, buying new vs used, power supplies, scams etc
Looking forward to hearing your thoughts. Many thanks!
I'm from Venezuela, so I think I'll use that money to open a mining farm here, cheap electric costs. Just need to include electric cuts and blackouts in your business model, still profitable.
About equipment, maybe Chinese used hardware from a trustworthy seller.