I have no idea what the difference between the two is because I am not involved in mining. I directly invest in coins, but I'm curious about the differences between the two in case I decide to start mining.
You can also invest $50 in cloud mining. And each mining hosting has a minimum amount of equipment that you should have, for example, 10 ASICs at least. Both options are very risky.
You invite a person to invest money without explanation? How will this help him understand the technical side and the differences? He's asking about something completely different.