If I buy 10 units of S19 XP, each with a daily production value of $9.8 and a daily electricity cost of $1.44, considering my electricity cost is $0.02 per kWh, my net income per unit would be $8.33 source: (
https://www.f2pool.com/miner?id=155037).
Currently, its price is $3145 source: (
https://www.asicfinder.com/frontend/hardwares/bitmain-antminer-s19-xp-141t).
Now, BTC is priced at $29,048, which is quite low, and we are all waiting for the bull market to come.
Honestly, I'm not a fan of numbers and calculations, but I'm determined to make the right choice. Should I pursue mining for a steady source of income, or would it be more beneficial to directly purchase coins with an eye on long-term potential?
All matters on your financial capability since if you can run a mining farm and you can support all finances then maybe this is better than choosing investment where you are unsure on results or even don't know on when to invest your capital. But if budget is tight then maybe try to choose the second one since mining is so expensive and we are still not sure if we can earn,break even or totally at lose.